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GD

The U.S. military is significantly increasing its ammunition production due to the ongoing conflict in Ukraine. The Pentagon is investing $6 billion in modernizing munitions facilities, with General Dynamics (NYSE:GD) playing a key role. The company is focusing on producing 155mm shells, supported by a $1 billion contract.

Portfolio Pulse from Benzinga Neuro

June 24, 2024 | 1:58 pm

MAX

Wolfpack Research has issued a report on MediaAlpha, alleging that the company is involved in consumer fraud. The report could have significant implications for MediaAlpha's stock price.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:57 pm

TEVA

Teva Pharmaceutical Industries has launched the first-ever generic version of Victoza in the U.S., expanding its complex generic medicine portfolio. The generic Victoza, a GLP-1 therapy, is indicated for improving glycemic control and reducing cardiovascular risks in type 2 diabetes patients.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:50 pm

MLGO

MicroAlgo shares have resumed trading after a temporary halt. This development is significant for investors as it may impact the stock's short-term price movement.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:50 pm

ALNY

Alnylam Pharmaceuticals Inc (NASDAQ:ALNY) announced that its Phase 3 HELIOS-B study of vutrisiran for ATTR amyloidosis with cardiomyopathy (ATTR-CM) met its primary and secondary endpoints, showing significant reductions in mortality and cardiovascular events. The company plans to proceed with global regulatory submissions.

Portfolio Pulse from Vandana Singh

June 24, 2024 | 1:49 pm

MLGO

MicroAlgo shares have been halted to the upside, with the stock currently up by 58.55%.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:47 pm

GE

GE Aero's short interest has risen by 20.59%, with 13.38 million shares sold short, representing 1.23% of its float. This is lower than the peer group average of 2.44%. The increase in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 1:45 pm

MINM

Minim (NYSE:MINM) has seen a 13.77% increase in its short percent of float, now at 6.28%. This is significantly higher than its peers' average of 1.79%. The rise in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 1:45 pm

GTHX

G1 Therapeutics Inc (NASDAQ:GTHX) shares are trading lower after the company released topline results from its Phase 3 PRESERVE 2 trial for trilaciclib in metastatic Triple Negative Breast Cancer (TNBC). The study did not show a statistically significant treatment effect, leading to a 33.1% drop in GTHX shares. The company plans to wind down the trial, discontinue hiring for a 1L TNBC indication, and make targeted headcount reductions to achieve profitability by the second half of 2025.

Portfolio Pulse from Vandana Singh

June 24, 2024 | 1:40 pm

NU

Nu Holdings has been added to Investor's Business Daily's SwingTrader list, indicating a positive outlook for the stock.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:40 pm