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PHIO

Phio Pharmaceuticals is set to present data on its INSTAYL compound PH-894 at the ASGCT's 2024 Cancer Conference. The compound shows potent silencing of BRD4 in NK cells, enhancing their proliferation and cytotoxicity.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:25 pm

SVC

Trading halt status was updated at 8:25 AM ET, indicating a quotation resumption. This update is relevant for investors tracking trading activities and potential impacts on stock prices.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:25 pm

BDRX

NVAX

VS

Versus Systems shares surged 489% following a $2.5 million investment and licensing deal with ASPIS. Novavax shares dropped 32% after the FDA placed a clinical hold on its vaccine candidates. Biodexa Pharmaceuticals shares rose 245% after successfully appealing Nasdaq's delisting decision.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:23 pm

ULTA

Ulta Beauty shares declined following the announcement of its long-term business plans and reaffirmation of its fiscal 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:20 pm

PFE

A power struggle has emerged between Pfizer and activist investor Starboard Value, with Guggenheim Partners caught in the middle. Starboard, holding a $1 billion stake, criticizes Pfizer's acquisitions and capital allocation, leading to a 50% stock drop from its peak. Former Pfizer executives reversed their support for Starboard, backing current CEO Albert Bourla. Guggenheim, a long-time advisor to Pfizer, is entangled in the dispute, while Pfizer turns to PJT Partners for defense.

Portfolio Pulse from Vandana Singh

October 16, 2024 | 12:19 pm

USB

U.S. Bancorp reported Q3 earnings with an EPS beat but a revenue miss. The company saw rising credit loss provisions and a decrease in net interest income. Despite these challenges, USB shares are trading higher.

Portfolio Pulse from Nabaparna Bhattacharya

October 16, 2024 | 12:18 pm

DOGEUSD

SHIBUSD

Dogecoin and Shiba Inu have surged, with Dogecoin benefiting from social media chatter about Elon Musk and potential political impacts. Analysts speculate on the influence of a Trump victory on meme coins, with increased interest in Dogecoin ETFs and government departments. Dogecoin's large transactions are up, while Shiba Inu's transaction volume is down but active addresses have increased.

Portfolio Pulse from Khyathi Dalal

October 16, 2024 | 12:16 pm

NVDA

NVIDIA's stock surge has significantly increased CEO Jensen Huang's wealth, placing him close to the top 10 richest people globally. Huang's wealth has grown from $32 billion to $121 billion in 2023. To surpass Google's Sergey Brin and enter the top 10, NVIDIA's market cap would need to increase by $571.4 billion, making it the most valuable company worldwide.

Portfolio Pulse from Chris Katje

October 16, 2024 | 12:14 pm

NVAX

Novavax shares declined after the FDA placed a clinical hold on its investigational new drug application for COVID-19-influenza combination and standalone influenza vaccine candidates.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 12:10 pm

DBGI

JDZG

MSN

TCS

THCH

UCAR

In Wednesday's pre-market session, several consumer discretionary stocks experienced significant movements. Container Store Group (TCS) saw a notable increase of 41.5%, while Digital Brands Group (DBGI) faced a decline of 21.0%. Other gainers included Emerson Radio (MSN) and U Power (UCAR), whereas Jiade (JDZG) and TH International (THCH) were among the losers.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 12:10 pm