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ITCI

Intra-Cellular Therapies announced positive topline results from its second Phase 3 trial evaluating Lumateperone as an adjunctive therapy for patients with Major Depressive Disorder. The trial met both its primary and key secondary endpoints.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 11:32 am

AFRM

Affirm shares are trading higher following a report suggesting Apple is discontinuing Apple Pay Later.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 11:31 am

AVGO

LEN

LZB

NEE

QQQ

SPY

Wall Street is showing mixed signals with tech stocks poised for a strong start, while the Dow and S&P 500 futures are slightly down. The market's direction will depend on upcoming retail sales data and Federal Reserve speeches. Analysts remain optimistic about the market's upward momentum, driven by potential Fed rate cuts and an AI-related stock rally. Key stocks in focus include La-Z-Boy, Lennar Corp, Broadcom, and NextEra Energy.

Portfolio Pulse from Shanthi Rexaline

June 18, 2024 | 11:31 am

CGNT

Cognyte Software shares are trading higher after the company reported better-than-expected Q1 earnings and raised its FY25 revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 11:30 am

VNCE

Vince Holding shares are trading higher after the company reported better-than-expected Q1 revenue.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 11:30 am

ZNTL

Zentalis Pharmaceuticals shares are trading lower after the FDA placed a partial clinical hold on ZN-c3-001, DENALI, and TETON monotherapy studies of Azenosertib following two recent deaths due to presumed sepsis in the DENALI study.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 11:29 am

BSX

SILK

Silk Road Medical shares are trading higher after the company entered a definitive deal to be acquired by Boston Scientific for $27.50 per share.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 11:29 am

RKLB

Rocket Lab shares are trading higher after signing a 10-launch deal with Japanese firm Synspective in Tokyo.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 11:28 am

KR

Kroger shares are trading higher after BMO Capital upgraded the stock from Market Perform to Outperform and raised its price target from $58 to $60.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 11:27 am

ZNTL

Trading halt status for Zentalis Pharmaceuticals (ZNTL) was updated at 7:25:00 AM ET. The company is expected to resume trading following the release of news and resumption times.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 11:25 am