Streetbeat News

Stock Prices

AKTS

GTBP

JAGX

LI

MMV

TANH

VIRI

US stocks showed mixed performance with the Nasdaq Composite gaining 0.5%. Li Auto shares plummeted over 14% after missing Q1 revenue and earnings estimates. GT Biopharma, Tantech Holdings, and MultiMetaVerse Holdings saw significant gains, while Virios Therapeutics, Akoustis Technologies, and Jaguar Health experienced substantial declines.

Portfolio Pulse from Avi Kapoor

May 20, 2024 | 1:57 pm

EWX

PGJ

SOHU

Sohu.com Limited (NASDAQ: SOHU) reported a 14% YoY revenue decline for Q1 2024, with an adjusted loss per ADS of $(0.65), missing analyst estimates. Brand advertising and online game revenues also fell. Despite this, the company saw improvements in gross margin and user growth in its Changyou games. Sohu expects mixed results for Q2 2024, with a decline in advertising revenue but growth in online game revenue. The stock has gained 22% YTD but traded slightly lower recently.

Portfolio Pulse from Anusuya Lahiri

May 20, 2024 | 1:55 pm

DIST

Trading halt status was updated at 9:55:00 AM ET, indicating a resumption of quotations. The news and resumption times were provided.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:55 pm

CCL

NCLH

RCL

Carnival Corp (NYSE:CCL) and Royal Caribbean Cruises Ltd (NYSE:RCL) shares are moving higher following Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) raising its 2024 guidance and setting new 2026 financial targets. Norwegian's new strategy includes increased financial and sustainability targets, leading to a nearly 7% rise in its shares. Analysts have also raised price targets for Carnival and Royal Caribbean.

Portfolio Pulse from Adam Eckert

May 20, 2024 | 1:54 pm

NCLH

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares are trading higher after the company raised its 2024 guidance and set new 2026 financial targets during its Investor Day. The new strategy, 'Charting the Course,' includes a refreshed vision, strategic initiatives, and financial and sustainability targets aimed at enhancing shareholder returns.

Portfolio Pulse from Adam Eckert

May 20, 2024 | 1:54 pm

GTBP

GT Biopharma (GTBP) shares have resumed trading after a temporary halt. The resumption of trading could lead to increased volatility in the stock price as investors react to the news.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:53 pm

TANH

Tantech Holdings shares were halted on a circuit breaker due to a sharp decline but have since surged by 108.5%.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:52 pm

TANH

Tantech Holdings shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:51 pm

GTBP

GT Biopharma shares were halted on a circuit breaker due to a significant downside movement, but the stock has since surged by 141.7%.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:48 pm

TANH

Tantech Holdings shares resumed trading only to be halted again due to a circuit breaker as the stock surged by 119.2%.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:47 pm