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WKSP

Worksport Ltd (NASDAQ:WKSP) reported a significant increase in sales for August 2024, reaching $1.21 million, which boosts their Annual Recurring Revenue to $14.56 million. The company is on track to exceed its 2024 revenue guidance and aims for cash flow positivity by 2025. Worksport's CEO highlights the company's undervaluation and potential for growth, especially with upcoming product lines like AL4, SOLIS, and COR. Despite positive news, WKSP stock closed 3.34% lower at $0.4926.

Portfolio Pulse from Anusuya Lahiri

September 12, 2024 | 12:00 pm

SLP

Simulations Plus (NASDAQ:SLP) has received mixed analyst ratings, with one 'Overweight' and one 'Buy' rating. The average 12-month price target has decreased by 8.04% to $51.5. Despite this, the company shows strong financial performance with a 14.23% revenue growth, a net margin of 16.92%, and a low debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 12:00 pm

WKSP

Worksport has reported a significant increase in net sales, reaching approximately $1.22 million for August. The management is focusing on expanding operations to support cash flow positivity.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 12:00 pm

MODV

ModivCare's stock is experiencing a decline following the announcement of a $200 million mixed securities shelf offering.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:56 am

SMX

SMX (Security Matters) shares declined following the announcement of a $5.35 million private placement.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:52 am

OWLT

Owlet's stock is trading lower following the announcement of a $46.6 million share offering, pricing 3,135,136 shares at $3.70 each.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:51 am

STRM

Streamline Health Solutions shares declined following the release of mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:50 am

AIBD

AIBU

AMD

NVDA

NVIDIA and AMD stocks rose significantly amid potential export approvals to Saudi Arabia and interest in OpenAI's equity raise. Direxion's AI and Big Data Bull and Bear ETFs offer traders opportunities to capitalize on AI market trends.

Portfolio Pulse from Joshenomoto@benzinga.com

September 12, 2024 | 11:49 am

KZIA

Kazia Therapeutics shares rose following the announcement of a licensing agreement with QIMR Berghofer Medical Research Institute.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:49 am

ISPC

iSpecimen shares fell following the announcement of a 1-for-20 reverse stock split, which typically reduces the number of shares outstanding and can impact stock price perception.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:47 am