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AZTR

Azitra's stock is trading lower following the announcement of a $5 million public offering, which includes 16.667 million common shares priced at $0.30 each.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:09 pm

TBLT

ToughBuilt Industries, Inc. (TBLT) announced a public offering of 772,628 shares at $4.53 per share, aiming to raise approximately $3.5 million. The offering includes warrants with an exercise price of $4.405, exercisable immediately and expiring in five years. H.C. Wainwright & Co. serves as the placement agent. The proceeds are intended for general corporate purposes, including working capital. The offering is expected to close around February 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:07 pm

ANGI

BREA

DUO

FENG

MNY

STBX

TGL

In Wednesday's pre-market session, several Communication Services stocks showed significant movements. Notably, Brera Holdings (BREA) surged 215.5%, while Phoenix New Media (FENG) and Fangdd Network Group (DUO) also saw substantial gains. On the downside, Starbox Group Holdings (STBX) and MoneyHero (MNY) experienced declines. Earnings releases influenced some of these movements, with Treasure Global (TGL) and Angi (ANGI) reporting their Q2 and Q4 earnings, respectively.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 1:06 pm

AZTR

COGT

LCTX

QDEL

In Wednesday's pre-market session, health care stocks showed significant movement. Cogent Biosciences (COGT) led the gainers with a 45.6% increase, while Anitra (AZTR) experienced the largest decline, dropping 67.8%. Other notable movers include Lineage Cell Therapeutics (LCTX) and QuidelOrtho (QDEL), with QDEL's drop attributed to its Q4 earnings release.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 1:05 pm

ALSN

ELWS

JOB

LYFT

In Wednesday's pre-market session, several industrials stocks showed significant movement. Notably, Earlyworks Co (ELWS) surged by 361.5%, while GEE Group (JOB) dropped by 18%. Other companies like Allison Transmission (ALSN) and Lyft (LYFT) also reported their Q4 earnings, influencing their stock prices positively.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 1:05 pm

AKAM

CLSK

DTSS

In Wednesday's pre-market session, several Information Technology stocks showed significant movement. Datasea, Taoping, Soluna Holdings, CCSC Technology, Iris Energy, and Cleanspark were among the gainers, with Datasea leading by surging 200.7%. On the downside, BlackLine, ARB IOT Group, Focus Universal, Akamai Techs, XIAO-I, and Quantum experienced declines, with BlackLine dropping 10.8%. Earnings reports influenced several of these movements.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 1:05 pm

GLDD

Great Lakes Dredge & Dock (GLDD) reported Q4 2023 earnings of $0.32 per share, surpassing the $0.10 estimate by 220%. However, their sales of $181.70M fell short of the $183.47M estimate by 0.97%, marking a 23.89% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:03 pm

BYRN

Byrna Technologies (NASDAQ:BYRN) reported Q4 sales of $15.64M, surpassing the analyst consensus estimate of $13.02M by 20.12%, but marking a 2.36% decrease from the $16.02M sales reported in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:03 pm

CNDT

Conduent (NASDAQ:CNDT) reported Q4 adjusted EPS of $0.03, missing the $0.04 estimate, but sales of $953M beat the $930M estimate. This represents a 200% increase in EPS from last year, though sales decreased by 3.35% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 1:01 pm

SEDG

SolarEdge Technologies (NASDAQ:SEDG) has received mixed analyst ratings over the past three months, with a total of 13 ratings. The sentiment has shifted towards a more bearish outlook, with the average 12-month price target decreasing by 10.26% to $86.11 from $95.95. Analysts have adjusted their ratings and price targets based on market conditions and company performance, indicating varied expectations for the company's future. SolarEdge designs and sells solar inverter systems and faces challenges such as a decline in revenue growth (-13.32%), below-average net margin (-8.43%), and ROE (-2.44%), suggesting potential difficulties in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 1:00 pm