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MRNA

Over the past 5 years, Moderna (NASDAQ:MRNA) has outperformed the market with an annualized return of 22.77%, averaging 35.4% annually. An investment of $100 in MRNA 5 years ago would be worth $460.37 today. Moderna's market capitalization stands at $37.15 billion.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:00 pm

ALNY

Over the past 15 years, Alnylam Pharmaceuticals (NASDAQ:ALNY) has produced an average annual return of 16.59%, outperforming the market by 2.37% on an annualized basis. A $100 investment in ALNY 15 years ago would be worth $949.15 today, with the company currently valued at a market capitalization of $19.60 billion.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 9:00 pm

COCH

Not provided

Envoy Medical shares have resumed trading. COCH may also be mentioned in the context of this news.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 9:00 pm

LUNR

Intuitive Machines shares are trading lower due to a report indicating that the Odysseus is experiencing power degradation, with expectations for it to enter 'sleep' mode at the end of its mission today.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 8:57 pm

ENCP

Energem Corp. announced shareholder approval for a business combination with Graphjet Technology Sdn. Bhd. The combined entity will be named GRAPHJET TECHNOLOGY and plans to list on Nasdaq under the ticker 'GTI'. The merger, approved by 80.162% of voting Energem shareholders, is expected to close around March 6, 2024. Graphjet Technology owns patented technology for recycling palm kernel shells into products for various industries.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 8:57 pm

FMST

Foremost Lithium Resource & Technology's stock is trading higher following the submission of a $10 million application to the Government of Canada's Critical Mineral Infrastructure Fund.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 8:54 pm

AMPE

Ampio Pharmaceuticals, Inc. (AMPE) has notified H.C. Wainwright & Co., LLC of its decision to terminate their At The Marketing Offering Agreement dated September 18, 2023. This agreement was for an at-the-market equity distribution program. The termination will be effective on March 6, 2024. Additionally, AMPE filed a post-effective amendment to withdraw and remove any unsold or unissued securities under its Registration Statement, including shares covered by the at-the-market offering agreement.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 8:51 pm

PSNY

Polestar Automotive Holding UK Limited (NASDAQ:PSNY) shares surged after announcing a $950 million loan from 12 international banks, aimed at financing its next development stage. The company is also reducing its workforce by 10% in mid-2023 and an additional 15% in 2024 to improve efficiency. CEO Thomas Ingenlath highlighted the support from partners and Geely, aiming for cash flow break-even by 2025. Polestar is expected to report Q4 financial results with estimated losses of 15 cents per share and revenue of $756.514 million.

Portfolio Pulse from Erica Kollmann

February 28, 2024 | 8:46 pm

PBR

Financial analysis of Petrobras Brasileiro (NYSE:PBR) options market shows a bearish trend with 66% of trades being bearish. The analysis revealed 33 unusual trades, with a significant portion being puts. The price target for PBR is between $13.0 and $19.0. The company, a Brazil-based integrated energy firm, has a current stock price of $17.7, with neutral RSI indicators and earnings expected in 13 days.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 8:45 pm

CAT

Recent options trading activity for Caterpillar (NYSE:CAT) shows a bearish sentiment among investors, with 61% of trades being bearish. Notable trades include a mix of puts and calls with varying sentiments and expiration dates. Caterpillar's current market position is slightly down with a price of $326.5, and professional analysts have mixed ratings on the stock, with target prices ranging from $257 to $385. The company is a leading manufacturer of heavy equipment and has a significant global dealer network.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 8:45 pm