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OPT

Opthea Limited (NASDAQ:OPT) announced it expects to receive the remaining $35 million from Carlyle and Abingworth under a Development Funding Agreement, along with an additional $50 million from a new co-investor, totaling $170 million in funding. The funds will support Phase 3 clinical trials and pre-commercialization activities for sozinibercept, a treatment for wet age-related macular degeneration. Opthea's stock rose 15.10% to $2.90 following the news.

Portfolio Pulse from Vandana Singh

December 27, 2023 | 3:03 pm

IMXUSD

Immutable's cryptocurrency (IMX) has seen a 7.3% increase in price over the past 24 hours, reaching $2.49, and an 8.0% increase over the past week. The coin's all-time high is $9.52. Trading volume has risen by 2.0% and the circulating supply has increased by 0.94% to 1.30 billion, which is 64.82% of the max supply. IMX's market cap is now ranked #31 at $3.25 billion.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:03 pm

LTCUSD

Litecoin (CRYPTO: LTC) has seen a 3.52% increase in price over the last 24 hours, reaching $75.7. Over the past week, the price has risen over 6%, from $71.59. The coin's all-time high is $410.26. Trading volume surged by 171% over the past week, and the circulating supply increased by 0.37% to 74.03 million, which is 88.13% of the max supply. Litecoin's market cap is currently ranked #19 at $5.63 billion.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:02 pm

BCH-USD

Bitcoin Cash (CRYPTO: BCH) has seen a significant increase of 9.22% in its price over the past 24 hours, reaching $252.14. This uptrend is part of a larger 9.0% gain over the past week. Despite the recent rise, the price is still far from its all-time high of $3,785.82. The trading volume for Bitcoin Cash has surged by 166.0% over the past week, and the circulating supply has grown by 0.5%, now totaling 19.60 million coins, which is 93.32% of the maximum supply of 21.00 million. Bitcoin Cash currently holds the #22 market cap ranking at $4.94 billion.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:02 pm

TTWO

Over the past 15 years, Take-Two Interactive (NASDAQ:TTWO) has produced an average annual return of 22.22%, outperforming the market by 10.72% on an annualized basis. A $1000 investment in TTWO 15 years ago would be worth $21,331.35 today. The company's current market capitalization stands at $27.38 billion.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:01 pm

NKE

Over the past 15 years, Nike (NYSE:NKE) has delivered an average annual return of 15.0%, outperforming the market by 3.5% annually. A $1000 investment in NKE 15 years ago would be worth $8,470.59 today. Nike's market capitalization currently stands at $164.90 billion.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:01 pm

ETHUSD

Ethereum (CRYPTO: ETH) has seen a 4% increase in price over the last 24 hours, reaching $2,329.80, continuing a positive trend from the past week with a 2% gain. Despite a decrease in trading volume and circulating supply, Ethereum maintains a market cap ranking of #2 at $279.66 billion. The volatility of Ethereum's price is also depicted through Bollinger Bands in the provided chart.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:00 pm

CHRS

CING

FWBI

HALL

IOVA

ROI

U.S. stocks saw a slight increase with the Dow Jones gaining over 20 points. Coherus BioSciences, Inc. (NASDAQ:CHRS) announced FDA approval for UDENYCA ONBODY. First Wave BioPharma, Inc. (NASDAQ:FWBI) surged 236% after announcing a term sheet to sell its Niclosamide program. Cingulate Inc. (NASDAQ:CING) and RiskOn International, Inc. (NASDAQ:ROI) also saw significant gains. Hallmark Financial Services, Inc. (NASDAQ:HALL) and Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) experienced declines, with HALL intending to delist from Nasdaq and IOVA facing an FDA clinical hold.

Portfolio Pulse from Avi Kapoor

December 27, 2023 | 2:56 pm

NXU

Nxu shares resumed trading and then were halted due to a circuit breaker triggered by a rapid increase in price. The stock is currently up 47.4%.

Portfolio Pulse from Benzinga Newsdesk

December 27, 2023 | 2:53 pm