Streetbeat News

Stock Prices

WOLF

Wolfspeed's stock price is trading lower following a downgrade by Wells Fargo from Overweight to Equal-Weight, accompanied by a reduction in the price target from $55 to $30.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:27 pm

GEV

GE Vernova's shares are trading higher following its spinoff from GE Aerospace, with RBC Capital initiating coverage with an Outperform rating and a $160 price target.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:25 pm

ALLY

Ally Financial's stock trades lower following a downgrade by JP Morgan from Neutral to Underweight, despite an increase in the price target from $37 to $39.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:23 pm

SINT

SiNtx Technologies' stock is trading lower following the announcement of a $1.5 million public offering of common stock.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:21 pm

SPOT

Spotify shares are trading higher following reports that the company plans to increase its monthly subscription prices.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:20 pm

F

Ford Motor Co reported an 86.1% increase in Q1 U.S. EV sales, totaling 20,223 units. Overall, Q1 U.S. vehicle sales rose by 6.8% to 508,083 units. The company anticipates continued growth in hybrid sales, particularly with more shipments of the new F-150 Hybrid to dealers.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:20 pm

LGVC

LAMF Global Ventures Corp. I (LGVC) shares are experiencing an uptick following shareholder approval of its business combination with Nuvo. This strategic move is anticipated to enhance LGVC's market position and growth prospects.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:20 pm

AAPL

AI

DJT

GLD

INTC

NKLA

NVDA

RILY

TSLA

TSM

The top 10 trending stocks on WallStreetBets as of April 3, 2024, include TSM, NVDA, TSLA, INTC, AAPL, DJT, RILY, NKLA, GLD, and AI, according to data from Swaggy Stocks.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:18 pm

KTRA

Kintara Therapeutics, Inc. (NASDAQ:KTRA) shares surged 129% in premarket trading on news of a definitive merger agreement with TuHURA Biosciences. The merger aims to advance personalized cancer vaccines and bi-functional ADCS, with the combined entity to operate under TuHURA Biosciences, Inc. and trade under the ticker 'HURA'. The merger is supported by a $31 million financing from TuHURA, expected to fund operations through late 2025. Kintara equityholders will own approximately 2.85% of the combined company, or about 5.45% including CVR shares.

Portfolio Pulse from Nabaparna Bhattacharya

April 03, 2024 | 1:17 pm

VVPR

VivoPower International PLC (NASDAQ:VVPR) announced a capital management strategy including a stock buyback program of up to $5 million, expiring on April 3, 2025. The program, which may be adjusted or terminated at the Board's discretion, aims to repurchase the company's common stock using proceeds from business and asset divestitures. The repurchases are subject to market conditions, legal and regulatory requirements, shareholder approval, and financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:16 pm