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KRNL

Kernel Group Holdings, Inc. (KRNL) received a notice from Nasdaq on May 2, 2024, for failing to meet the minimum Market Value of Listed Securities (MVLS) of $35 million required for continued listing. The company has until October 29, 2024, to regain compliance with the Market Value Standard. During this period, KRNL's securities will continue to trade on The Nasdaq Capital Market. The company is exploring options to resolve the deficiency and regain compliance, but there is no assurance of success.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:43 pm

QNRX

Quoin Pharmaceuticals has received a written notice from Nasdaq concerning its failure to meet the minimum bid price requirement, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:43 pm

PAVS

Sophie Ye Tao, CFO of Paranovus Entertainment Technology, announced her resignation on April 29. The company, possibly referred to by its ticker PAVS, may face financial scrutiny following this high-level departure.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:38 pm

LPTV

Loop Platform reported a significant growth in Q2 2024, with a 108% YoY increase in partner screens, reaching 50,000 across partner platforms.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:37 pm

LPTV

Loop Platform reported approximately 83,000 active Loop players and partner screens in Q2 2024, with 32,658 Quarterly Active Loop Players (QAU), marking a slight decrease of 0.23% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:37 pm

JYD

Jayud Global Logistics Limited (NASDAQ:JYD), a supply chain solution provider, received a Nasdaq non-compliance notification for not meeting the minimum stockholders' equity requirement. The company has until June 17, 2024, to submit a compliance plan and may get up to 180 days to regain compliance. The notification does not immediately affect its Nasdaq listing.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:34 pm

LAZR

Luminar Technologies, Inc. (LAZR) announced a workforce reduction, leading to a decrease in its stock price.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:33 pm

DIS

FOX

FOXA

PARA

PARAA

Fox Corporation is set to air Super Bowl LIX on Feb. 9, 2025, charging a minimum of $7 million for a 30-second ad, up from last year's rate by Paramount Global. The increase follows record viewership and ad sales for recent Super Bowls. Fox's upfront event on May 13 may reveal more on ad pricing and packages. The company, which saw $600 million in revenue from the 2023 Super Bowl, aims to leverage the event to boost ad commitments for Fox Sports and Tubi. However, under a new media rights deal, Fox will not air the Super Bowl again until 2029 and 2033, with ABC/ESPN joining the rotation.

Portfolio Pulse from Chris Katje

May 03, 2024 | 8:32 pm

LPTV

Loop Media (AMEX:LPTV) reported Q2 2024 earnings with a GAAP EPS of $(0.11), missing the $(0.10) estimate, and sales of $4.002M, missing the $6.123M estimate. This represents a 25.79% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:31 pm

CJET

EZGO

RSI

TWOU

In Friday's after-market session, several consumer discretionary stocks showed notable movements. Chijet Motor Co, EZGO Technologies, Worksport, Petco Health and Wellness, Fitell, and Forza X1 were among the gainers, with increases ranging from 2.7% to 5.9%. On the downside, Visionary Holdings, Color Star Tech, Rent the Runway, 2U, Rush Street Interactive, and Jeffs Brands experienced declines between 4.08% and 16.1%. Notably, 2U and Rush Street Interactive's movements followed their Q1 earnings releases.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 8:31 pm