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MINM

Minim's stock price increased following the announcement of a definitive merger agreement with e2Companies. This strategic move could potentially enhance Minim's market position and financial performance.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:36 pm

NCNA

NuCana's stock price increased following the grant of U.S. Patent #11925658 for phosphoramidate derivatives used in cancer treatment, particularly where patients show resistance.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:35 pm

VERI

Veritone (NASDAQ:VERI) reported Q4 earnings with an EPS of $-0.16, missing estimates by -7%, and a revenue decrease of $9.69 million from the previous year. This follows a pattern of missed EPS estimates in previous quarters, leading to a significant share price drop.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 8:35 pm

IGIC

Intl General Insurance (NASDAQ:IGIC) reported Q4 earnings with an EPS of $0.65, missing estimates by -8.0% against an expected $0.71. Revenue increased by $17.90 million from the previous year. Despite past quarters showing varied performance, this quarter's miss and the provided guidance of $0.65 EPS for Q4 2023 could influence investor sentiment.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 8:35 pm

OPRT

Oportun Financial (NASDAQ:OPRT) reported Q4 earnings with an EPS of $-0.54, missing estimates by -46.0% against an expected $-0.37. Revenue increased by $700 thousand from the previous year. The company had previously missed EPS estimates last quarter, resulting in a 49.0% share price drop the following day.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 8:35 pm

VJET

Trading for VJET was halted but has now resumed as of 4:35:00 PM ET, following an update on quotation resumption times.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:35 pm

MINM

Minim, Inc. (NASDAQ:MINM) has announced a definitive merger agreement with e2Companies, LLC, in an all-stock transaction. The merger, expected to close in Q2 2024, will result in the combined entity operating as e2Companies, Inc. and trading on the Nasdaq Capital Market. The merger aims to accelerate the commercialization of AI data-driven networking solutions for grid modernization. Post-merger, e2Companies will become a wholly owned subsidiary of Minim, with e2Companies' interest holders owning approximately 97% and Minim's securityholders owning about 3% of the combined company.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 8:34 pm

GHLD

Guild Holdings shares dropped following disappointing Q4 revenue results. The company also extended its share repurchase program until May 5th.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:33 pm

GHLD

The board of Guild Holdings Company extended its share repurchase program until May 5, indicating confidence in the company's financial health and potentially signaling a positive outlook to investors.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:32 pm

VERI

Veritone (NASDAQ:VERI) reported Q4 2023 adjusted EPS of $(0.16), missing the $(0.15) estimate, but sales of $34.197M exceeded the $33.795M estimate. This represents a 22.08% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:32 pm