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BIIB

IONS

Ionis Pharmaceuticals and Biogen have announced the discontinuation of the development of BIIB105 based on data from a Phase 1/2 study.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:36 am

UA

UAA

Under Armour shares are trading lower after the company issued weak FY25 guidance.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:33 am

MTNB

Matinas BioPharma presented new in vitro data at TIDES USA 2024, demonstrating their LNC platform's ability to deliver small oligonucleotides.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:32 am

UA

UAA

Under Armour has announced a $500 million share repurchase program, which is expected to positively impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:31 am

UA

Under Armour (NYSE:UA) reported Q4 2024 adjusted EPS of $0.11, beating the analyst estimate of $0.07. Quarterly sales were $1.330 billion, in line with expectations but down 4.93% from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:31 am

ENTO

First Wave BioPharma has rebranded to Entero Therapeutics and is advancing towards a Phase 3 clinical trial for its lead asset, Latiglutenase, aimed at treating celiac disease. The company's stock will trade under the new ticker symbol ENTO starting May 17, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:30 am

MWG

Multi Ways Holdings reported a 6.1% decrease in total revenue for FY23.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:30 am

EBIZ

JD

PGJ

JD.com reported strong Q1 2024 earnings, with revenue and EPS beating analyst estimates. Revenue grew by 7% YoY to $36.02 billion, and adjusted net income per ADS was $0.78. The stock price gained after the results. JD's net product and service revenues increased, while marketing expenses rose due to promotional activities. Operating and adjusted EBITDA margins improved. CEO Sandy Xu credited the focus on user experience for the growth in active users and engagement. JD.com stock has lost over 11% in the last 12 months. Investors can gain exposure via Invesco Golden Dragon China ETF and Global X E-Commerce ETF.

Portfolio Pulse from Anusuya Lahiri

May 16, 2024 | 11:28 am

GRAB

Grab Holdings shares are trading higher following the company's report of a year-over-year increase in Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:27 am

SDRL

Seadrill has increased its share repurchase authorization, allowing the company to repurchase up to an additional $500 million in stock over a two-year period once the current program is completed.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:27 am