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FSR

Fisker Inc (NYSE:FSR) stock plummeted to a record low of $0.09, a 28% drop, after announcing the termination of transaction discussions with a major automaker. The company is exploring strategic alternatives such as restructurings and asset sales, amid uncertainties. The termination also jeopardizes a financing commitment, with Fisker seeking potential waivers or alternative financing terms.

Portfolio Pulse from Henry Khederian

March 25, 2024 | 4:04 pm

BRAG

Bragg Gaming Group Inc. (NASDAQ:BRAG) pre-announced its FY23 financial results, showing a revenue increase of 10.4% to $100.5M and an Adjusted EBITDA growth of 26.3% to $16.3M. The full financial results will be released on March 26, 2024, followed by a conference call. The pre-announcement reflects positive financial growth for the company.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 2:20 pm

TH

Target Hospitality Corp (NASDAQ:TH) shares surged after receiving an unsolicited acquisition proposal from Arrow Holdings S.à r.l., an affiliate of TDR Capital LLP, offering $10.80 per share, a 21% premium over the previous closing price. The Board is considering the proposal with a special committee of independent directors.

Portfolio Pulse from Shivani Kumaresan

March 25, 2024 | 2:20 pm

BTCUSD

Glassnode's report highlights the significant role of Bitcoin ETFs in altering the traditional market dynamics surrounding the Bitcoin halving. The influx of institutional demand through ETFs is changing the supply-demand equilibrium, potentially diminishing the halving's bullish impact. ETFs are pulling Bitcoin out of circulation, adding complexity to market sentiment. The report suggests monitoring ETF activities and the behavior of long-term holders as crucial strategies for navigating the upcoming halving event.

Portfolio Pulse from Murtuza Merchant

March 25, 2024 | 2:18 pm

DIS

Disney shares are trading higher following an upgrade by Barclays from Equal-Weight to Overweight, with a price target increase from $95 to $135.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 2:18 pm

VSTO

MNC Capital Partners has increased its acquisition offer for Vista Outdoor, Inc. (NYSE:VSTO) to $37.50 per share, valuing the company at approximately $3.0 billion. This offer is a 16% premium over Vista's last closing price and significantly higher than the initial offer made in February. The bid is not contingent on financing or CFIUS review, and MNC urges a quick response from Vista, highlighting benefits for shareholders and employees. Additionally, Vista's segment Revelyst acquired PinSeeker, enhancing its off-course golf and connectivity offerings. VSTO shares rose 0.37% to $32.38 following the news.

Portfolio Pulse from Akanksha Bakshi

March 25, 2024 | 2:18 pm

AMD

BA

BTCUSD

INTC

Bitcoin's value increased, while AMD and Intel experienced a decline due to new restrictions in China. Boeing's CEO announced plans to step down.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 2:18 pm

RVYL

Ryvyl (NASDAQ:RVYL) is scheduled to release its quarterly earnings report on 2024-03-26, with analysts expecting an EPS of $-0.40. The company's past earnings performance shows a trend of missing EPS estimates, leading to subsequent drops in share price. Shares are currently trading at $3.69, up 5.43% over the last year. Investors are looking for not just an earnings beat but also positive guidance for the next quarter.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 2:18 pm

ZH

Zhihu (NYSE:ZH) is scheduled to release its quarterly earnings report on March 26, 2024, with an expected EPS of $-0.04. Analysts and investors are keen on not just the earnings beat or miss but also the company's guidance for future growth. Zhihu's past earnings performance shows a mixed impact on its stock price, with the most recent quarters indicating a trend towards meeting or beating EPS estimates. However, the stock has declined 43.37% over the last 52 weeks, reflecting a bearish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 2:18 pm

GDS

GDS Holdings (NASDAQ:GDS) is scheduled to release its quarterly earnings report on March 26, 2024, with an expected EPS of $-0.34. Analysts and investors are particularly focused on the company's guidance for future growth. GDS Holdings' past earnings performance shows a mixed impact on its stock price, with the last quarter's miss leading to a 0.0% change. The stock has declined 55.1% over the last year, trading at $8.53 as of March 22.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 2:18 pm