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HOLO

Trading of MicroCloud Hologram Inc (HOLO) shares has resumed after a temporary halt. This development is crucial for investors monitoring the stock's performance.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:07 pm

SSRM

SSR Mining shares experienced a significant drop, triggering a circuit breaker halt. The stock is currently down by 47.5%.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:07 pm

ARM

Arm Holdings Plc (NASDAQ:ARM) shares declined Tuesday after a significant rally following last week's earnings, where it beat analyst estimates and issued strong guidance. The company plans to expand into new markets due to AI demand. Several analysts raised price targets post-earnings. SoftBank, which acquired Arm in 2016 and took it public in the biggest IPO of 2023, owns about 90% of Arm's shares. Arm's 180-day post-IPO lockup expires next month.

Portfolio Pulse from Adam Eckert

February 13, 2024 | 3:07 pm

JAN

JanOne Inc.'s shares were halted due to a circuit breaker triggered by a significant upside movement, with the stock price surging by 69.6%.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:06 pm

AULT

Ault Alliance, Inc. (NYSE:AULT) announced plans to utilize its previously authorized $50M common stock repurchase program, starting no earlier than two business days after filing its Form 10-Q for Q1 2024. The repurchases, aimed at enhancing stockholder value, will be made through a Rule 10b5-1 Plan allowing trading during blackout periods. The program, expiring on December 15, 2024, may be funded through excess cash flow, future borrowings, or financings. Shares repurchased will be returned to treasury, reducing public float. This follows the company's return to treasury of preferred and common stock in December 2023.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 3:06 pm

AROC

USAC

Archrock (NYSE:AROC) announced a dividend payout of $0.17 per share with an annualized yield of 4.16%, payable on February 13, 2024, to shareholders of record as of February 5, 2024. The company's dividend per share has seen an average increase from $0.58 in 2020 to $0.61 in 2023, despite a decrease in earnings per share from $1.04 in 2020 to $0.53 in 2023. This suggests Archrock is prioritizing returns to shareholders amidst declining profitability. USA Compression Partners (NYSE:USAC) is noted for having the highest annualized dividend yield among peers at 8.79%.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 3:05 pm

NS

TRMD

NuStar Energy (NYSE:NS) announced a dividend payout of $0.40 per share with an annualized yield of 7.66%, payable on February 13, 2024, to shareholders of record as of February 7, 2024. The company's dividend per share has decreased from $1.80 in 2020 to $1.60 in 2023, despite an increase in earnings per share from $0.81 to $0.87 over the same period. This suggests a strategic shift towards retaining earnings for reinvestment. TORM (NASDAQ:TRMD) has the highest annualized dividend yield among peers at 16.96%.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 3:05 pm

TRMD

WES

Western Midstream (NYSE:WES) announces a dividend payout of $0.57 per share with an annualized yield of 8.28%, reflecting its strong performance and commitment to maximizing shareholder returns. The company has shown a consistent increase in dividends and earnings per share from 2020 to 2023, indicating a healthy financial status. TORM (NASDAQ:TRMD) is mentioned for having the highest annualized dividend yield at 16.96% among industry peers.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 3:05 pm

CPLP

DSX

Capital Product Partners (NASDAQ:CPLP) announced a dividend payout of $0.15 per share with an annualized yield of 3.37%. Despite a decrease in dividend per share from $0.90 in 2020 to $0.60 in 2023, the company has shown positive earnings growth, from $1.53 to $3.11 per share over the same period. This suggests a strategic shift towards reinvesting profits for expansion rather than higher dividend payouts. Diana Shipping (NYSE:DSX) is mentioned for comparison with the highest annualized dividend yield of 20.27% in the industry.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 3:05 pm

ATOMUSD

Cosmos Hub (ATOM) has seen a price increase of 3.38% in the last 24 hours, reaching $10.03, with a weekly gain of over 9% from $9.19. The cryptocurrency's all-time high is $44.45. Trading volume surged by 160% over the past week, while the circulating supply slightly increased by 0.08% to 383.77 million. ATOM's market cap ranks it 25th at $3.85 billion.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 3:03 pm