Streetbeat News

Stock Prices

COIN

Six Coinbase customers have filed a class action lawsuit against Coinbase Global, Inc. (NASDAQ:COIN), accusing it of selling unregistered securities and violating state and federal securities laws. The lawsuit, filed in the Northern District of California, also names CEO Brian Armstrong and several subsidiaries as defendants. The plaintiffs allege Coinbase misled customers about its regulatory compliance, lacking necessary broker-dealer registrations.

Portfolio Pulse from Murtuza Merchant

May 06, 2024 | 12:08 pm

BOWL

PNST

In Monday's pre-market session, 12 consumer discretionary stocks showed significant movement. Notably, Pinstripes Holdings (PNST) led the gainers with an 18.6% increase, while Bowlero (BOWL) experienced the largest drop among the losers, declining by 9.9% following its Q3 earnings report.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 12:06 pm

AFIB

ALLR

GLYC

MGRM

In Monday's pre-market session, several healthcare stocks showed significant movement. Monogram Orthopaedics, Allarity Therapeutics, VYNE Therapeutics, Allogene Therapeutics, Sunshine Biopharma, and Addex Therapeutics were among the gainers, with increases ranging from 12.4% to 19.1%. Conversely, GlycoMimetics, Acutus Medical, EyePoint Pharmaceuticals, NeuBase Therapeutics, Ocular Therapeutix, and Predictive Oncology experienced declines between 13.82% and 78.7%.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 12:06 pm

AWIN

GRFX

STEM

In Monday's pre-market session, several industrials stocks showed notable movements. Graphex Gr (GRFX) led the gainers with a 16.5% increase, while AERWINS Technologies (AWIN) experienced the largest drop among the losers, declining by 9.6%. Notably, Stem (STEM) shares rose by 8.08% following their Q1 earnings release two days ago.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 12:06 pm

AMBA

MMAT

PRFT

SGE

UPLD

In Monday's pre-market session, several information technology stocks showed significant movement. Perficient (PRFT) led the gainers with a 52.9% increase following their Q1 earnings release, while Meta Materials (MMAT) experienced the largest drop among the losers, declining by 25.4%. Other notable movers included Strong Global (SGE), Mawson Infra Gr (MIGI), and Ambarella (AMBA) with substantial gains, and WiSA Technologies (WISA), Unusual Machines (UMAC), and Upland Software (UPLD) among the losers.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 12:06 pm

LYEL

Lyell Immunopharma (NASDAQ:LYEL) experienced a significant decrease in sales, reporting $3,000 for the quarter, down 95.38% from $65,000 in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:06 pm

IVP

Inspire Veterinary Partners has announced a 1-for-100 reverse stock split, a move that will consolidate shares and potentially increase the stock price by reducing the number of shares available. This action is often taken by companies seeking to boost their share price to meet exchange listing requirements or to improve perceptions of their stock.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:04 pm

LINC

Lincoln Educational Services (LINC) reported Q1 earnings with a per-share loss of $(0.01), surpassing the expected $(0.06) loss. Sales reached $103.37M, exceeding the $100.87M forecast, marking an 18.42% increase from last year's $87.28M.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:03 pm

NSC

Norfolk Southern Corporation (NYSE:NSC) received strong support from key customers against Ancora's management overhaul plan. Customers like Lincoln Energy Solutions and Centennial Energy, among others, praised CEO Alan Shaw's leadership and the company's strategy, emphasizing its importance for service efficiency, safety, and the US economy. A survey by Stephens Inc. also showed overwhelming customer support for Norfolk Southern's current direction, with concerns that Ancora's proposals could harm service levels and long-term value.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:03 pm

ALLR

Allarity Therapeutics has surpassed Nasdaq's minimum equity requirement and has requested a voluntary withdrawal of its Form S-1. This move indicates the company's improved financial position and its decision to not proceed with the previously planned public offering.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:02 pm