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The U.S. State Department has approved a potential $264.6 million sale of AIM-9X Sidewinder Block II+ and Block II tactical missiles to Canada, as announced by the Pentagon.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 7:04 pm

UNIUSD

Uniswap (UNI) has seen a price increase of 6.18% in the past 24 hours, reaching $6.51. Over the past week, the price has risen by over 5.0%. The trading volume has increased by 10.0%, and the circulating supply has grown by 0.34%. UNI's market cap is currently $4.90 billion, ranking it #24.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 7:00 pm

CING

Cingulate Inc. (NASDAQ:CING) shares surged by 239% after the company was granted a European patent for its ADHD treatment, CTx-1301. This patent covers up to 30 European territories, including the UK. Cingulate is also preparing to file a New Drug Application with the U.S. FDA.

Portfolio Pulse from Vaishali Prayag

August 16, 2024 | 6:59 pm

CING

Cingulate shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:58 pm

CBSTF

The Cannabist Company Holdings Inc. (CBSTF) has launched new cannabis-infused products from ButACake in Maryland, expanding their collaboration. The products include oral dissolvable 10mg strips in various flavors. Maryland's legal weed market has surpassed $1.1 billion in sales.

Portfolio Pulse from Jelena Martinovic

August 16, 2024 | 6:57 pm

LAZY

Lazydays Holdings shares are trading lower following worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:51 pm

HUBC

Hub Cyber Security shares are trading lower following the release of their FY23 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 6:46 pm

CING

HRB

NDRA

SHIM

SNDA

ZCAR

U.S. stocks traded higher with the Dow Jones, NASDAQ, and S&P 500 all posting gains. Financials led the sectors, while real estate lagged. Key movers included Cingulate Inc. (CING), Zoomcar Holdings, Inc. (ZCAR), H&R Block, Inc. (HRB), Sonida Senior Living, Inc. (SNDA), Shimmick Corporation (SHIM), and ENDRA Life Sciences Inc. (NDRA). Commodities saw oil prices drop and gold prices rise.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 6:46 pm

WING

Wingstop's short interest has decreased by 5.55%, with 1.49 million shares sold short, representing 5.11% of its float. This is lower than the peer group average of 10.17%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 6:45 pm

AMC

AMC Entertainment Holdings (NYSE: AMC) has seen a 3.42% decrease in its short percent of float, now at 14.4% with 51.90 million shares sold short. This is higher than the peer group average of 10.43%. It would take traders 2.69 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 6:45 pm