Streetbeat News

Stock Prices

JDZG

JIADE shares were halted on a circuit breaker due to a significant drop, with the stock now down by 78.9%.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 5:54 pm

SWK

Stanley Black & Decker shares are trading lower after Barclays downgraded the stock from Overweight to Equal-Weight and lowered its price target from $100 to $86.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 5:52 pm

SOBR

SOBR Safe, Inc. (NASDAQ:SOBR) shares surged after announcing new customer agreements for its SOBRsure device. The company signed deals with Hired Power and The Firm, leading to a significant increase in trading volume.

Portfolio Pulse from Erica Kollmann

June 04, 2024 | 5:51 pm

JDZG

JIADE shares have been halted on a circuit breaker due to a significant drop, with the stock now down by 76%.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 5:45 pm

MRK

MRNA

MYNZ

PFE

Promising trial results from Pfizer, Moderna, Merck, and Mainz Biomed indicate potential new standards in cancer treatment and diagnostics. Pfizer's Lorbrena shows significant long-term benefits for lung cancer patients, while Moderna and Merck's combined melanoma treatment demonstrates durable efficacy. Mainz Biomed's ColoAlert® test for colorectal cancer also shows high sensitivity and specificity.

Portfolio Pulse from Upwallstreet

June 04, 2024 | 5:45 pm

BLBD

CLNE

VLVLY

Natural gas prices have hit record lows, leading to lower heating bills and potential impacts on natural gas vehicle markets. Companies like Blue Bird Corp, Volvo ADR, and Clean Energy Fuels Corp are directly affected.

Portfolio Pulse from Hayden Buckfire

June 04, 2024 | 5:44 pm

CELH

MNST

A recent article suggests that ingredients in popular energy drinks like Red Bull, Celsius, and Monster may be linked to gut bacteria that accelerate tumor growth, potentially contributing to a colon cancer crisis among young people.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 5:43 pm

CORT

Corcept Therapeutics shares are trading higher after Truist Securities reiterated a Buy rating on the stock and raised its price target from $44 to $65.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 5:41 pm

WULF

TeraWulf Inc. (NASDAQ:WULF) shares are trading higher after the company provided an unaudited monthly production and operations update for May 2024. The company self-mined 186 bitcoin in May, with an average production rate of 6 bitcoin per day. Power costs averaged $31,239 per bitcoin. TeraWulf's installed and operational self-mining capacity reached 8.0 EH/s, an 82% year-over-year increase. The company is also making progress on new facilities that will further increase capacity. Analysts have a positive outlook on the stock with an average 12-month price target of $3.78.

Portfolio Pulse from Erica Kollmann

June 04, 2024 | 5:37 pm

PHUN

Phunware, Inc. (NASDAQ:PHUN) shares are down 10.1% to $5.70 after announcing a multi-million dollar equity distribution agreement with Canaccord Genuity LLC and other investment banks. The company may offer and sell shares for up to $120 million in aggregate gross proceeds. Despite recent contract renewals in healthcare and hospitality, PHUN stock has lost over 80% in the past year.

Portfolio Pulse from Nabaparna Bhattacharya

June 04, 2024 | 5:34 pm