Streetbeat News

Stock Prices

ADD

Color Star Technology Co., Ltd. (NASDAQ:ADD) has announced the pricing of an initial $7 million tranche of up to $33 million in registered senior secured convertible notes. The notes, with a 6% interest rate and a 12-month maturity, are convertible into Class A Ordinary Shares at a price of $1.60 or the Alternative Conversion Price. The first closing is expected around September 30, 2024, and includes warrants for 2.9 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:03 pm

ALMS

Alumis has released 28-week data from the open-label extension period of its Phase 2 STRIDE trial for ESK-001. The data indicates that ESK-001 was generally well tolerated, and most patients on the top dose achieved significant improvement in their condition.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:01 pm

NLSPW

The trading halt status was updated at 9:00 AM ET, indicating a resumption of quotations. This update is crucial for investors tracking the affected securities.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:00 pm

BABA

JD

Alibaba and JD.com have agreed to integrate their ecosystems to address slowing growth and regulatory pressures. This collaboration includes integrating logistics and payment services, aligning with China's antitrust directives. Both companies saw positive market reactions following China's economic stimulus measures.

Portfolio Pulse from Benzinga Neuro

September 27, 2024 | 12:57 pm

NLSP

Trading for NLSP was halted and then resumed, with updates provided at 8:55 AM ET. This indicates a temporary pause in trading, possibly due to pending news or volatility.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:55 pm

MOFG

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) announced the pricing of its public offering of 4.347 million shares at $25 each, aiming to raise approximately $103.5 million. The proceeds will support the bank's capital ratios and potential securities portfolio repositioning.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:52 pm

SCHL

Scholastic shares rise as the company reports better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:47 pm

HPQ

NVNO

NVO

SAVA

TRMD

UDMY

UEC

Cassava Sciences and enVVeno Medical are among the big stocks moving lower in Friday's pre-market session. Cassava Sciences fell due to SEC charges, while enVVeno Medical dropped after announcing a public offering.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 12:47 pm

AGIO

BMBL

CLDX

HPQ

UDMY

Several top Wall Street analysts have downgraded their ratings for notable companies, including Celldex Therapeutics, Bumble Inc., HP Inc., Agios Pharmaceuticals, and Udemy. These downgrades reflect changes in analyst sentiment and could impact stock prices.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 12:46 pm

ESTA

Establishment Labs Holdings received FDA approval for its Motiva SmoothSilk Ergonomix and Motiva SmoothSilk Round breast implants, boosting its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:45 pm