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HROW

RXO

SUN

Insiders at RXO, Harrow, and Sunoco have made significant stock purchases, indicating confidence in their companies. RXO's 10% owner bought shares worth $24.3M, Harrow's 10% owner purchased shares for $310,391, and a Sunoco director acquired shares totaling $78,144. These transactions suggest potential growth or undervaluation, with RXO set to release Q1 financial results in 2024, Harrow receiving a Buy rating from Craig-Hallum, and Sunoco completing strategic acquisitions and divestitures.

Portfolio Pulse from Avi Kapoor

April 22, 2024 | 12:57 pm

LVO

LiveOne reported its Q4 2024 revenue to be $30.3 million, slightly below the estimated $30.566 million.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:57 pm

MTTR

Trading for MTTR was halted at 8:55:00 a.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:55 pm

WINT

Trading for WINT was halted and then resumed at 8:55 AM ET, following an update on its status.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:55 pm

SMFL

Trading for SMFL was halted and then resumed at 8:55 AM ET, following an update on its status.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:55 pm

CAH

Cardinal Health's stock is trading lower following the announcement that its pharmaceutical distribution contracts with OptumRx will not be renewed. The company also reaffirmed its 2024 EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:52 pm

CDTX

Cidara Therapeutics, Inc. (CDTX) announced a 1-for-20 reverse stock split effective April 23, 2024, after market close, with trading on a split-adjusted basis starting April 24, 2024. This decision follows stockholder approval and aims to reduce the number of outstanding shares and adjust the conversion and exercise prices of preferred stock, stock options, and warrants accordingly.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:50 pm

CHMI

MLEC

SE

Moolec Science's shares surged 135% following USDA approval for its plant-grown animal proteins. Sea's shares rose 6% after B of A Securities upgraded the stock to Buy and increased the price target. Cherry Hill Mortgage's shares increased 7.5% as the company explores strategic alternatives.

Portfolio Pulse from ryanfaloona@benzinga.com

April 22, 2024 | 12:47 pm

SE

Sea shares have seen an increase in trading volume and price after Bank of America Securities upgraded the stock from Neutral to Buy and increased the price target from $62 to $70.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 12:44 pm

FBTC

GBTC

IBIT

Investor interest in Bitcoin and other digital asset ETFs and ETPs has declined for the second consecutive week, with outflows totaling $206 million. U.S. ETFs experienced significant outflows of $244 million, while Canada and Switzerland saw inflows. Ethereum and multi-asset products showed divergent trends, with Ethereum facing outflows and multi-asset products seeing inflows. Grayscale ETF, Fidelity ETF, and BlackRock ETF experienced mixed flows. The market's sentiment appears cautious ahead of the Bitcoin halving and in light of potential high interest rates.

Portfolio Pulse from Murtuza Merchant

April 22, 2024 | 12:43 pm