Streetbeat News

Stock Prices

SSBI

Summit State Bank reported a decrease in earnings per share (EPS) for Q4 to $0.28, down from $0.68 year-over-year (YoY). Revenue also declined to $15.333 million from $16.320 million YoY.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 2:23 pm

CNSP

CNS Pharmaceuticals' stock is trading lower following the announcement of a $4 million public offering. The offering is likely to dilute current shareholders, leading to the decline in stock price.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 2:19 pm

CCL

CUK

Carnival Corporation expects an adjusted EPS impact of $0.07-$0.08 for 2024 due to rerouting in the Red Sea, primarily affecting Q2. The company reports no impact on booking trends from the Red Sea situation and has no further Red Sea transits planned until November 2024.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 2:18 pm

DIS

PXLW

Pixelworks' stock is trading higher following the announcement of a multi-year agreement with Walt Disney Studios. This partnership is expected to be beneficial for Pixelworks, potentially leading to increased revenue and growth opportunities.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 2:18 pm

SMCI

Susquehanna analyst Mehdi Hosseini has maintained a Negative rating on Super Micro Computer (NASDAQ:SMCI) but increased the price target from $162 to $250.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 2:15 pm

HITI

High Tide Inc. (NASDAQ:HITI) reported a 37% year-over-year revenue growth for 2023, with total revenue reaching CA$487.7 million. The company also saw a 40% quarter-over-quarter increase in free cash flow in Q4, and a reduction in net loss from CA$52.5 million in Q4 2022 to CA$31.8 million in Q4 2023. Adjusted EBITDA for the year was up 110% compared to 2022. After the announcement, HITI shares traded 2.59% higher at $1.98 per share after hours.

Portfolio Pulse from Jelena Martinovic

January 30, 2024 | 2:13 pm

CISS

C3is shares have risen following a 13G filing indicating that S.H.N. Financial has acquired a 9.1% stake in the company.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 2:12 pm

SXTP

60 Degrees Pharmaceuticals shares have declined following the announcement of a $2.4 million public offering. The offering's pricing details have led to a negative market reaction, impacting the stock's short-term performance.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 2:11 pm

AGFY

Agrify Corporation's stock (AGFY) is trading higher following a 13D filing that revealed I-Tseng Jenny Chan has acquired a 49.99% stake in the company. This significant ownership indicates a potentially active role in the company's management or policies.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 2:10 pm

PEV

Phoenix Motor Inc. has announced a registered direct offering priced at $4.8 million. The offering includes one share and one warrant, each at a combined purchase price of $1.15. This capital raise could dilute current shareholders but also provides the company with additional funds for operations or growth.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 2:04 pm