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Stock Prices

SPY

Goldman Sachs CEO David Solomon expressed skepticism at Davos about the market's expectation of seven rate cuts in 2024, suggesting that the likelihood of such cuts is lower than previously thought. Despite this, he doesn't foresee a major market correction. The SPDR S&P 500 ETF (SPY) has seen a modest increase this year after a significant rally in 2023.

Portfolio Pulse from Erica Kollmann

January 18, 2024 | 9:31 pm

WEN

Wendy's has announced the appointment of Kirk Tanner as President and CEO, effective February 5, 2024. This leadership change is significant for the company's future direction and strategy.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:31 pm

EJH

INSE

LAZR

SFIX

SVMH

VMAR

VRM

In Thursday's after-market session, several consumer discretionary stocks experienced movement. SRIVARU Holding (SVMH) led the gainers with a 6.0% increase, while Inspired Entertainment (INSE) saw the largest decline among the losers, dropping 7.5%. Other notable movers included E-Home Household Service (EJH), Vision Marine (VMAR), Stitch Fix (SFIX), Luminar Technologies (LAZR), and Vroom (VRM). On the losing side, Chijet Motor Co (CJET), MGO Global (MGOL), Brilliant Earth Group (BRLT), and Cenntro Electric Gr (CENN) also saw their stock prices fall.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 9:31 pm

CHRS

CNSP

ESPR

IONM

RBOT

SHPH

In Thursday's after-market session, several healthcare stocks experienced significant movements. Assure Holdings (IONM) and Shuttle Pharmaceuticals (SHPH) were among the gainers, with stocks rising 13.3% and 10.24%, respectively. Coherus BioSciences (CHRS) and Vicarious Surgical (RBOT) also saw their shares increase. On the losing side, Esperion Therapeutics (ESPR) and CNS Pharma (CNSP) experienced declines in their stock prices by 16.8% and 6.18%, respectively. Other losers included Alaunos Therapeutics (TCRT), Windtree Therapeutics (WINT), Jaguar Health (JAGX), and Ainos (AIMD).

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 9:31 pm

EAF

GRFX

GWAV

HYLN

MESA

NCRA

ROMA

SGBX

SWVL

WLGS

WWR

In Thursday's after-market session, several industrial stocks experienced significant movements. Mesa Air Group's shares surged by 40.4%, while Greenwave Tech Solutions and Westwater Resources also saw gains of 8.1% and 7.22%, respectively. GrafTech International, Hyliion Holdings, and Swvl Holdings posted more modest increases. Conversely, WANG & LEE Group, Graphex Group, Wheels Up Experience, Safe & Green Holdings, Nocera, and Roma Green Finance all experienced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 9:31 pm

AIRE

AKTS

AUUD

CYN

GREE

MMAT

PRST

RTC

SMCI

SMRT

SPEC

WKEY

In Thursday's after-market session, several information technology stocks saw significant movement. Cyngn, Greenidge Generation Hldg, Presto Automation, SmartRent, Auddia, and Super Micro Computer were among the gainers, with increases ranging from 5.92% to 11.0%. Conversely, Baijiayun Group, Meta Materials, ReAlpha Tech Corp, Spectaire Holdings, Akoustis Technologies, and WISeKey Intl Holding experienced declines between 3.16% and 7.6%.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 9:30 pm

ACB

CGC

CRBP

GENE

GRWG

NEPT

OGI

TLRY

UGRO

VFF

The cannabis sector experienced bearish sentiment on January 18, 2024, with a mix of gainers and losers. Notable gainers included Genetic Technologies (GENE) and Urban-gro (UGRO), while significant losers were Aurora Cannabis (ACB), GrowGeneration (GRWG), OrganiGram Holdings (OGI), Tilray Brands (TLRY), Neptune Wellness Solutions (NEPT), Canopy Growth (CGC), Corbus Pharmaceuticals (CRBP), and Village Farms International (VFF).

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 9:30 pm

IKNA

Trading for IKNA was halted and has now resumed as of 4:30 PM ET, following an update on quotation resumption times.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:30 pm

MESA

Mesa Air Group has reported the sale or agreements to sell its excess CRJ-900 aircraft and related engines since September 2023, with combined gross proceeds amounting to $198 million.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:25 pm

OCFC

OceanFirst Financial (NASDAQ:OCFC) reported Q4 earnings with an EPS of $0.45, surpassing estimates by 4.65% but with a revenue decline of $18.66 million YoY. The previous quarter's EPS miss led to a 3.47% share price drop the following day. Historical earnings and revenue figures show mixed performance over the past year.

Portfolio Pulse from Benzinga Insights

January 18, 2024 | 9:25 pm