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AMPE

Ampio Pharmaceuticals has announced its intention to voluntarily delist its shares of common stock from the NYSE American and proceed with SEC deregistration.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 9:13 pm

VSTO

Vista Outdoor has received a revised offer of $37.50 per share from MNC Capital. The company's board has not yet made a decision regarding this new offer and continues to support the existing merger agreement with Czechoslovak Group (CSG) for the acquisition of its Sporting Products business. Shareholders are advised not to take any action at this time.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 9:12 pm

BKKT

Bakkt Holdings, Inc. (NYSE:BKKT) reported Q4 financial results with losses of 29 cents per share, missing analyst estimates. Sales were $15.1 million, slightly below expectations. Despite this, shares climbed due to strong FY24 revenue guidance ranging from $3.292 billion to $5.114 billion. The company plans to scale its business, expand its product set, and manage expenses efficiently. Bakkt's strengthened balance sheet and improving crypto market conditions contribute to a positive outlook for 2024.

Portfolio Pulse from Erica Kollmann

March 25, 2024 | 9:12 pm

WPRT

Westport Fuel Systems (NASDAQ:WPRT) reported Q4 earnings with losses of $(0.81) per share, missing the $(0.51) estimate by 58.82%, but saw a 19% improvement over last year's $(1.00) loss. Sales reached $87.20M, slightly above the $86.49M estimate, marking an 11.79% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 9:10 pm

WPRT

Westport Fuel Systems (NASDAQ:WPRT) reported Q4 earnings with an EPS of $-0.81, missing estimates by -59.0% against an expected $-0.51. Revenue increased by $9.20 million from the same period last year. Despite missing EPS estimates last quarter, the share price increased by 1.0% the following day. Historical earnings performance shows mixed results over the past quarters.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 9:05 pm

MPTI

M-Tron Industries (AMEX:MPTI) reported a 57.14% decrease in Q4 EPS to $0.03 from $0.07 last year, despite a 24.21% increase in sales to $10.77M from $8.67M in the same period.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 9:02 pm

HUBB

Over the past 5 years, Hubbell (NYSE:HUBB) has outperformed the market with an annualized return of 28.49%, growing a $100 investment to $352.43. Hubbell's market capitalization stands at $22.15 billion.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 9:00 pm

MRNA

Over the past 5 years, Moderna (NASDAQ:MRNA) has significantly outperformed the market with an annualized return of 27.27%, averaging 40.24% annually. A $100 investment in MRNA 5 years ago would now be worth $561.44. Moderna's current market capitalization stands at $42.31 billion.

Portfolio Pulse from Benzinga Insights

March 25, 2024 | 9:00 pm

CLF

RIO

X

Cleveland-Cliffs (NYSE:CLF) is set to receive up to $575 million from the U.S. Department of Energy for decarbonization projects in Ohio and Pennsylvania, aiming to significantly reduce carbon intensity in steel production. This move, part of a broader shift towards renewable energy steelmaking, positions Cleveland-Cliffs as a leader in the industry. The projects are expected to save $450 million annually in production costs, preserve 2,500 jobs, and create additional jobs. This initiative is supported by strong government backing and could enhance Cleveland-Cliffs' position in the domestic steel sector amidst Nippon Steel's acquisition of U.S. Steel (NYSE:X) and political interest in supporting the domestic industry.

Portfolio Pulse from Stjepan Kalinic

March 25, 2024 | 8:58 pm

VFF

Germany's recent legalization of cannabis has positioned Village Farms International, Inc. (NASDAQ:VFF) as a key player in the expanding European market. With its EU GMP certification and successful shipments of Canadian strains to Germany, Village Farms is capitalizing on the growing German market, projected to reach €1.7 billion by 2025. The company's strong performance, highlighted by record fourth-quarter sales and an attractive valuation, underscores its operational efficiency and strategic focus on Europe.

Portfolio Pulse from Jelena Martinovic

March 25, 2024 | 8:52 pm