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COYA

Coya Therapeutics shares are trading higher following the publication of a peer-reviewed manuscript in Frontiers in Neurology. The study evaluates the safety, tolerability, and biological marker responses of a combination therapy for Amyotrophic Lateral Sclerosis (ALS).

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 4:02 pm

ODFL

Old Dominion Freight Line (NASDAQ:ODFL) has significantly outperformed the market over the past 5 years, delivering an average annual return of 30.01%. A $1000 investment in ODFL 5 years ago would be worth $3,631.09 today.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 4:00 pm

TMO

Thermo Fisher Scientific Inc. (NYSE:TMO) shares are trading at $576.38, down 0.88% in the current session. The stock has decreased by 3.10% over the past month but increased by 10.82% over the past year. The company's P/E ratio is lower than the industry average, which could indicate undervaluation or low future growth expectations.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 4:00 pm

MULN

Mullen Automotive (NASDAQ:MULN) announced that its 2024 Mullen THREE electric truck has been approved for a $15,000 state rebate in Massachusetts, in addition to a $7,500 federal tax credit. The company also added Eco Auto as a new franchise dealer in the Boston area, which has placed an initial order for Mullen's commercial EVs. Despite these positive developments, MULN shares are trading lower by 2.83% to $2.75.

Portfolio Pulse from Nabaparna Bhattacharya

June 11, 2024 | 3:59 pm

GM

Cruise has resumed operations in Houston, starting with human-driven vehicles and planning to transition to supervised autonomous driving with safety drivers in the coming weeks.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 3:57 pm

DOGEUSD

FLOKIUSD

GME

PEPEUSD

SHIBUSD

Meme coins, including Dogecoin, Shiba Inu, and Pepe, have experienced significant declines following a market-wide downturn led by Bitcoin. The market capitalization of meme coins dropped by 7.5% in the past 24 hours. GameStop's cryptocurrency also saw a 14% decline.

Portfolio Pulse from Khyathi Dalal

June 11, 2024 | 3:56 pm

MIND

MIND Technology shares are trading lower after the company reported worse-than-expected Q1 sales results.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 3:56 pm

REBN

Reborn Coffee shares are trading higher following the announcement of its first flagship store opening in the Historic Art Museum Building in Guangzhou, China.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 3:55 pm

BNED

Barnes & Noble Education Inc (BNED) shares dropped by 29.6% to $0.09 after announcing equity and refinancing transactions, new leadership changes, and a 1-for-100 reverse stock split. The company raised over $100 million in new equity, converted $34 million in debt to shares, and extended a $325 million loan facility. The reverse split aims to meet NYSE's minimum bid price requirement.

Portfolio Pulse from Henry Khederian

June 11, 2024 | 3:55 pm

LAD

RFV

XMVM

Lithia Motors, Inc. (NYSE:LAD) is expanding its presence in the U.S. Southeast Region through acquisitions expected to generate over $240 million in annualized revenue. The company has purchased several stores, including Sunrise Chevrolet Buick GMC and Sunrise Buick GMC in Memphis, Tennessee, and Woodbridge Hyundai in Greater Toronto. These acquisitions bring the company's total expected annualized revenue from acquisitions to over $5.6 billion. Additionally, Lithia Motors has increased its share repurchase authorization by $350 million, bringing the total to $660 million. LAD shares are currently down 1.15%. Investors can also gain exposure to the stock via Invesco S&P Midcap 400 Pure Value ETF (NYSE:RFV) and Invesco S&P MidCap Value With Momentum ETF (NYSE:XMVM).

Portfolio Pulse from Lekha Gupta

June 11, 2024 | 3:49 pm