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Stock Prices

ASML

ASML Holding shares are trading higher following a report suggesting the company will ship its chipmaking machine to Taiwan Semiconductor Manufacturing.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:31 pm

ADIL

Adial Pharmaceuticals has dosed the first patient in a pharmacokinetics study of AD04, a treatment for Alcohol Use Disorder. This marks a significant milestone in the development of AD04.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:31 pm

HRMY

Harmony Biosciences (NASDAQ:HRMY) reported positive data from its Phase 2 study on pitolisant, showing significant reduction in excessive daytime sleepiness and fatigue in adults with Myotonic dystrophy Type 1.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:26 pm

CMPS

CYBN

MNMD

Shares of psychedelics companies are trading lower after an FDA panel rejected the approval of MDMA therapy for PTSD.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:26 pm

TSLA

Billionaire investor Ron Baron has expressed strong support for Tesla CEO Elon Musk's $56 billion compensation package, despite scrutiny from proxy advisory firm ISS. Baron emphasized Musk's critical role in Tesla's success, while a Morgan Stanley survey showed majority investor support for the pay package. Tesla shares are trading higher premarket.

Portfolio Pulse from Akanksha Bakshi

June 05, 2024 | 12:25 pm

NNOX

Nanox Imaging Ltd. has launched AI functionality in its Second Opinions online medical consultation service, integrating FDA-cleared AI solutions to enhance early detection of chronic conditions through chest and abdominal CT scans.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:24 pm

VLCN

Volcon Inc. (NASDAQ:VLCN) announced a 1-for-100 reverse stock split, effective June 6, 2024. The stock will trade on a post-split basis on Nasdaq starting June 7, 2024, under the same ticker symbol but with a new CUSIP number.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:22 pm

ETHUSD

SHIBUSD

Significant whale movements in Shiba Inu (SHIB) have led to an upbeat momentum in Shibarium statistics. A major investor spent $18.44 million to acquire 715.9 billion SHIB, indicating continued confidence in the meme cryptocurrency. Another whale swapped $3.8 million worth of WETH for 149.3 billion SHIB. These large transactions have influenced market sentiment, leading to increased trading activity and a rise in SHIB's price by 8% in the past 24 hours.

Portfolio Pulse from Khyathi Dalal

June 05, 2024 | 12:22 pm

RMCF

Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) has announced that Jeff Geygan has been appointed as Interim-CEO, yielding his position as Chair of the Board of Directors to Starlette B. Johnson.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 12:20 pm

BOOT

CHWY

SFIX

TJX

Four consumer discretionary stocks, Stitch Fix (SFIX), TJX Companies (TJX), Boot Barn Holdings (BOOT), and Chewy (CHWY), are currently overbought according to their RSI values. Despite recent positive financial results, these stocks may face short-term price corrections.

Portfolio Pulse from Avi Kapoor

June 05, 2024 | 12:20 pm