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STOK

Stoke Therapeutics, Inc. (NASDAQ:STOK) reported Q4 financial results, beating the analyst consensus on EPS with losses of 60 cents per share but missing on sales with $2.8 million. The company announced positive Phase 1/2a study data for STK-001 in treating Dravet syndrome, showing significant reductions in seizure frequency and cognitive improvements. The FDA has cleared STK-001 for increased dosing. Shares surged 71.08% after-hours to $11.12.

Portfolio Pulse from Erica Kollmann

March 25, 2024 | 8:40 pm

BZFD

BuzzFeed (NASDAQ:BZFD) reported Q4 2023 GAAP EPS of $0.03, missing the $0.06 estimate, and sales of $75.7M, below the $104.6M estimate. This represents a 43.77% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:36 pm

LCID

Lucid Group Inc (NASDAQ:LCID) shares surged after announcing an agreement with Ayar Third Investment Company, an affiliate of the Public Investment Fund (PIF), to purchase $1 billion of convertible preferred stock. The funds are intended for general corporate purposes, including capital expenditures and working capital. CEO Peter Rawlinson highlighted the PIF's continued support and Lucid's focus on growth and the upcoming launch of the Gravity SUV.

Portfolio Pulse from Shivani Kumaresan

March 25, 2024 | 8:36 pm

AP

Ampco-Pittsburgh (NYSE:AP) reported a significant increase in its Q4 losses to $(2.12) per share from $(0.02) YoY, despite a 15.58% increase in sales to $108.11M from $93.53M YoY. The net loss includes a substantial after-tax impact from the Asbestos-Related Charge.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:36 pm

BZFD

BuzzFeed (NASDAQ:BZFD) reported Q4 sales of $75.7M, missing the consensus estimate of $104.6M by 27.63%, marking a 43.77% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:34 pm

MDU

MDU Resources Group, Inc. (NYSE:MDU) has filed a confidential draft registration statement on Form 10 with the SEC for the spinoff of its construction services business, Everus Construction Group, expected to be completed in Q4 2024. This move follows the rebranding of MDU Construction Services Group to Everus Construction Group and is aimed at transforming MDU Resources into a pure-play regulated energy delivery business, enhancing focus on individual business growth and maximizing shareholder value.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:33 pm

AGRX

Agile Therapeutics has received a final delisting notice from Nasdaq, with its common stock to be suspended from trading on March 26, 2024. Post-delisting, the stock will be available for trading on the OTC Market.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:31 pm

NUE

Over the past 5 years, Nucor (NYSE:NUE) has outperformed the market with an annualized return of 27.35%, turning a $1000 investment into $3,392.57 today. Nucor's market capitalization stands at $47.06 billion.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 8:30 pm

DAL

Over the past 15 years, Delta Air Lines (NYSE:DAL) has produced an average annual return of 14.93%, outperforming the market by 1.6% on an annualized basis. A $100 investment in DAL 15 years ago would be worth $841.11 today. Delta Air Lines currently has a market capitalization of $29.31 billion.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 8:30 pm

FSR

The New York Stock Exchange (NYSE) has announced it will start delisting proceedings against Fisker, leading to an immediate suspension of trading in the company's Class A common stock.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 8:27 pm