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Stock Prices

OMI

Owens & Minor (NYSE:OMI) has significantly outperformed the market over the past 5 years, delivering an average annual return of 38.3%. A $1000 investment in OMI 5 years ago would be worth $5,215.69 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 8:30 pm

CARA

CRON

EAST

GRWG

SNDL

TLRY

VFF

The article reports on the performance of various cannabis stocks on May 17, 2024. Notable gainers include Elixinol Wellness, CordovaCann, and Heritage Cannabis Holding, while significant losers include Australis Capital, Global Compliance, and Eastside Distilling.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 8:30 pm

SNGX

Soligenix has regained compliance with Nasdaq's requirement for a minimum shareholders' equity of $2.5 million, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 8:28 pm

BLK

COIN

GBTC

Cryptocurrency markets are rallying with significant inflows into Bitcoin ETFs. Morgan Stanley disclosed a $270 million investment in the Grayscale Bitcoin ETF. Spot Bitcoin ETFs posted $1.3 billion net inflows in two weeks, reversing negative flows from April. Analysts predict Bitcoin could reach $80,000.

Portfolio Pulse from Khyathi Dalal

May 17, 2024 | 8:27 pm

BRK.A

CB

Chubb Limited (NYSE: CB) saw a significant increase in its stock price following a dividend hike and a substantial investment by Berkshire Hathaway. The company's shareholders approved a 5.8% increase in the dividend to $0.91 per share. Additionally, Berkshire Hathaway's $6.7 billion stake in Chubb further boosted investor confidence.

Portfolio Pulse from Vaishali Prayag

May 17, 2024 | 8:18 pm

JAGX

Jaguar Health shares are trading lower following the announcement of a 1-for-60 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 8:17 pm

JAGX

Jaguar Health has announced a 1-for-60 reverse stock split, which will consolidate every 60 shares of its common stock into one share. This move is aimed at increasing the company's stock price and maintaining its listing on the Nasdaq Capital Market.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 8:17 pm

PULM

Pulmatrix has filed for a mixed shelf offering of up to $95 million, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 8:09 pm

FFIE

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) shares experienced significant volatility on Friday, initially rising but then closing down 37.58% at $1.03. The stock has been part of a retail-fueled meme stock rally, with trading volume reaching over 1.2 billion shares, far exceeding its 100-day average. 85.71% of FFIE shares are being sold short.

Portfolio Pulse from Erica Kollmann

May 17, 2024 | 8:07 pm

AMC

BRK

CB

GME

JPM

RDDT

SOXX

TSLA

Major market indexes hit record highs, with the Dow reaching 40,000 as inflation fears recede. Meme stocks like AMC and GME saw a resurgence, while GameStop later dropped due to a share offering and weak revenue estimates. Reddit partnered with OpenAI, and Berkshire Hathaway acquired a significant stake in Chubb. Jamie Dimon warned about the national deficit, and Tesla's Cybertruck lagged behind Ford's F-150 Lightning in registrations.

Portfolio Pulse from Piero Cingari

May 17, 2024 | 8:07 pm