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EDBL

Edible Garden shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 109.4%.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:35 pm

CTNT

Cheetah Net Supply Chain Service (CTNT) shares were halted on a circuit breaker to the upside but are now down by 12.2%.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:35 pm

AMC

AMC Entertainment Holdings shares were halted on a circuit breaker after the stock dropped by 9.78%.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:34 pm

GME

GameStop shares experienced a trading halt due to a circuit breaker after a significant price movement. The stock is currently down by 14.3%.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:33 pm

PULM

Pulmatrix, Inc. (NASDAQ:PULM) announced the publication of clinical results for its orally inhaled DHE (PUR3100) for acute migraine in the peer-reviewed journal Headache: The Journal of Head and Face Pain. The study showed that PUR3100 has rapid systemic pharmacokinetics and improved safety and tolerability compared to intravenously administered DHE. The FDA has accepted an IND application for a Phase 2 study, making PUR3100 Phase 2-ready.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:31 pm

NU

Nu Holdings Ltd (NYSE:NU) shares are trading higher following the company's strong first-quarter financial results. Nu Holdings reported revenue of $2.7 billion, beating the consensus estimate of $2.49 billion, and a net income of $379 million. The company added 5.5 million customers, bringing the total to 99.3 million globally. Monthly Average Revenue per Active Customer grew 30% year-over-year to $11.40. Total deposits increased to $24.3 billion, and the loan-to-deposit ratio climbed to 40%. Susquehanna analyst James Friedman maintained a Positive rating and raised the price target from $12 to $14.

Portfolio Pulse from Adam Eckert

May 15, 2024 | 1:28 pm

NVDA

ORBIT-Surgical, a new AI research project, is training surgical robots in simulation using NVIDIA Isaac Sim and NVIDIA Omniverse. This development is being showcased at the ICRA robotics conference.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:28 pm

NIO

TSLA

Nio Inc (NYSE:NIO) shares are trading higher following the launch of its first vehicle under the new Onvo brand. The Onvo L60 is designed to compete with Tesla's Model Y and Toyota's RAV4. This launch comes shortly after reports of Nio collaborating with BYD on new batteries. Despite the positive news, Wall Street analysts remain neutral on Nio, with some expecting a significant decline in stock price.

Portfolio Pulse from Adam Eckert

May 15, 2024 | 1:26 pm

DLO

MuddyWatersResearch posted on X (formerly Twitter) about the potential for fraud in the company DLocal Limited (DLO), suggesting that in a world without enforcement, fraudulent activities can take a long time to be exposed.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:25 pm

RDI

Reading International (NASDAQ:RDI) reported a Q1 EPS of $(0.59), missing the $(0.52) estimate, but achieved sales of $45.05M, beating the $43.99M estimate. EPS decreased by 18% year-over-year, while sales decreased by 1.65%.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:24 pm