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Stock Prices

VLCN

Volcon Inc. (NASDAQ:VLCN) announced a 1-for-100 reverse stock split, effective June 6, 2024. The stock will trade on a post-split basis on Nasdaq starting June 7, 2024, under the same ticker symbol but with a new CUSIP number.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:22 pm

ETHUSD

SHIBUSD

Significant whale movements in Shiba Inu (SHIB) have led to an upbeat momentum in Shibarium statistics. A major investor spent $18.44 million to acquire 715.9 billion SHIB, indicating continued confidence in the meme cryptocurrency. Another whale swapped $3.8 million worth of WETH for 149.3 billion SHIB. These large transactions have influenced market sentiment, leading to increased trading activity and a rise in SHIB's price by 8% in the past 24 hours.

Portfolio Pulse from Khyathi Dalal

June 05, 2024 | 12:22 pm

RMCF

Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) has announced that Jeff Geygan has been appointed as Interim-CEO, yielding his position as Chair of the Board of Directors to Starlette B. Johnson.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:20 pm

BOOT

CHWY

SFIX

TJX

Four consumer discretionary stocks, Stitch Fix (SFIX), TJX Companies (TJX), Boot Barn Holdings (BOOT), and Chewy (CHWY), are currently overbought according to their RSI values. Despite recent positive financial results, these stocks may face short-term price corrections.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 12:20 pm

SPY

The US ADP April payrolls change has been revised from an initial estimate of +192,000 to +188,000. This slight downward revision may indicate a marginally weaker labor market than previously thought.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:16 pm

BYDDF

BYDDY

TSLA

Chinese EV maker BYD Co opened its first dealership in the Caribbean, raising concerns among U.S. automakers about potential market entry. BYD, which has surpassed Tesla in overall vehicle sales, has no current plans to enter the U.S. market but is exploring plant sites in Mexico. President Biden has imposed tariffs on Chinese EV imports to protect American manufacturers.

Portfolio Pulse from Anan Ashraf

June 05, 2024 | 12:16 pm

NVAX

Novavax announced that its JN.1 vaccine generates broad neutralizing responses for JN.1-lineage subvariants in non-clinical models.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:15 pm

SPY

The ADP Nonfarm Employment Change for May reported an increase of 152,000 jobs, falling short of the estimated 173,000 jobs.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:15 pm

BYRN

Byrna Technologies shares are trading higher after the company announced preliminary Q2 revenues over $20 million.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:13 pm

AKTX

Akari Therapeutics Plc (NASDAQ:AKTX) has announced that Samir R. Patel, M.D., has assumed the role of Interim President & CEO and has increased his ownership to 14.2% with a $1.25M investment in a recent private placement. Dr. Patel's employment contract consists solely of equity compensation, aligning his success with that of the company's shareholders.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:11 pm