Streetbeat News

Stock Prices

TWLO

Northland Capital Markets analyst Michael Latimore downgraded Twilio (TWLO) from Outperform to Market Perform and set a price target of $66.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:10 pm

ACDC

ProFrac Holding Corp. has submitted a draft registration statement for the proposed public listing of Alpine Silica. The details regarding the number of shares and price range are yet to be determined. The IPO is expected to proceed after the SEC's review, depending on market conditions.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:09 pm

FUN

SIX

Cedar Fair LP (NYSE:FUN) reported a slight increase in Q4 FY23 sales to $371.12 million, surpassing analyst expectations. Despite a record attendance of 5.78 million guests, the company experienced a net loss of $10 million, primarily due to costs associated with its proposed merger with Six Flags Entertainment Corp (NYSE:SIX). The merger is expected to complete in the first half of 2024. FUN shares dropped by 1.29% following the announcement.

Portfolio Pulse from Anusuya Lahiri

February 15, 2024 | 1:08 pm

DHCA

Brand Engagement Network (BEN) and DHC Acquisition Corp. (NASDAQ:DHCA) announced the SEC's approval of their Registration Statement for a proposed business combination. The extraordinary general meeting for DHC shareholders to vote on this merger is scheduled for March 5, 2024. The merger, expected to close shortly after the meeting, will result in the combined entity listing on Nasdaq under the ticker 'BNAI'. BEN's leadership believes this move will advance their mission of creating AI-driven customer engagement solutions.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:07 pm

VCNX

Vaccinex, Inc. (NASDAQ:VCNX), a biotech company, announced a 1-for-14 reverse stock split effective February 19, 2024, to regain compliance with Nasdaq's $1.00 minimum bid price requirement. The split-adjusted trading will start on February 20, 2024. The company's stockholders approved this action on February 8, 2024, and the Board of Directors selected the 1-for-14 ratio from a range of options. Vaccinex aims to meet Nasdaq's compliance by March 4, 2024, requiring a closing bid price of at least $1.00 for 10 consecutive business days.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:06 pm

ATUS

CNVS

KRKR

TGL

In Thursday's pre-market session, several communication services stocks showed significant movement. Gainers included 36KR Holdings, Fangdd Network Group, Arena Group Holdings, Altice USA, Grom Social Enterprises, and Starbox Group Holdings with increases ranging from 7.99% to 20.3%. On the losing end, Treasure Global, Cineverse, Brera Holdings, Manchester United, VS Media Holdings, and Gamer Pakistan saw declines between 8.75% and 38.0%. Notably, Altice USA's rise followed its Q4 earnings release, while Treasure Global and Cineverse's drops were after their Q2 and Q3 earnings announcements, respectively.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 1:06 pm

ADPT

AMWL

APLT

MHUA

RNLX

VVOS

In Thursday's pre-market session, several healthcare stocks showed significant movement. Notably, Applied Therapeutics, Meihua Intl Medical Techs, and KalVista Pharma were among the top gainers, with increases of 24.6%, 24.32%, and 15.83% respectively. On the losing end, Vivos Therapeutics saw a dramatic drop of 54.7%, followed by Renalytix and FibroBiologics with declines of 27.26% and 20.01% respectively. American Well, Renalytix, and Adaptive Biotechnologies released their Q4 earnings, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 1:05 pm

ATXG

GRFX

PXDT

ULBI

ZCAR

In Thursday's pre-market session, several industrials stocks showed significant movement. Ultralife (ULBI) led the gainers with a 30.2% increase following its Q4 earnings report, while Addentax Group (ATXG) experienced the largest drop among the losers, declining by 26.5% after its Q3 earnings were announced. Other notable movers included Graphex Gr (GRFX), Pixie Dust Technologies (PXDT), and Zoomcar Holdings (ZCAR), each responding to market dynamics and recent earnings reports.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 1:05 pm

APP

FSLY

IFBD

OSS

SOUN

TWLO

In Thursday's pre-market session, several Information Technology stocks showed significant movement. SoundHound AI, Infobird Co, AppLovin, Veritone, JFrog, and Informatica were among the gainers, with notable increases in their stock prices following recent earnings reports. Conversely, One Stop Systems, Fastly, MariaDB, WeTrade Group, Twilio, and Datasea experienced declines, also influenced by their latest earnings outcomes.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 1:05 pm

PBLA

Panbela Therapeutics announced it has regained compliance with Nasdaq's listing requirements, avoiding the risk of delisting.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 1:05 pm