Streetbeat News

Stock Prices

DAVA

Endava reported Q4 2024 earnings with an adjusted EPS of £0.22, a significant decrease from last year's £0.57, and sales of £194.418M, slightly missing the £195.668M estimate. Despite the miss, sales increased by 2.44% from the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:35 am

ARQQ

Arqit Quantum has announced a 25:1 reverse share split effective September 25. This corporate action is likely to impact the stock's liquidity and price per share.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:35 am

ACET

Adicet Bio released promising clinical biomarker data from its Phase 1 GLEAN trial for ADI-001, an allogeneic cell therapy targeting autoimmune diseases. The data showed effective tissue trafficking, CAR T cell activation, and CD19+ B cell depletion.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:21 am

ONCY

Oncolytics Biotech reported positive clinical results from the BRACELET-1 study, showing improved overall survival and response rates for its breast cancer treatment combining pelareorep with paclitaxel.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:19 am

EWTX

Edgewise Therapeutics reported positive top-line data for its drug EDG-7500 from Phase 1 and Phase 2 trials. The drug was well-tolerated and showed significant reductions in LVOT gradient in patients with obstructive hypertrophic cardiomyopathy.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:16 am

VVOS

Vivos Therapeutics has announced a registered offering of $4.3 million, selling 1.36 million shares at $3.15 per share.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:13 am

AER

AerCap Holdings has announced a new $500 million share repurchase program, set to run through March 31, 2025. This move indicates confidence in the company's financial health and could positively impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:10 am

CGBS

GTE

VIVK

The article highlights three oversold energy stocks with potential for gains: Gran Tierra Energy, Vivakor, and Crown LNG Holdings. These stocks have low RSI values, indicating they may be undervalued and present buying opportunities.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 11:07 am

BBGI

Beasley Broadcast Group has approved a reverse stock split at a ratio of 1-for-20, which will consolidate every 20 shares into one share. This move is often used to increase the stock price and maintain compliance with stock exchange listing requirements.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:06 am

FDX

QQQ

SCS

SPY

U.S. stocks are poised for a relief rally following the Federal Reserve's 50 basis-point rate cut. Traders are focusing on jobless claims and FedEx earnings. Tech and small-cap stocks are expected to rally, although strategists warn of a potential tech cool-off. The SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) saw premarket gains. Analysts suggest value and defensive stocks may outperform in the coming months.

Portfolio Pulse from Shanthi Rexaline

September 19, 2024 | 10:53 am