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AFGC

CNFR

FANH

FGF

FGFPP

GBLI

HRTG

LNC

MBI

RELI

SPNT

WDH

In Monday's intraday session, insurance stocks saw significant movement. Fanhua (FANH) led the gainers, rising 16.76% to $6.13, while Reliance Global Group (RELI) led the losers, falling 7.18% to $0.59. Other notable gainers included SiriusPoint (SPNT), Heritage Insurance Holdings (HRTG), FG Financial Group (FGFPP and FGF), and Waterdrop (WDH). On the losing side were MBIA (MBI), Global Indemnity Group (GBLI), Lincoln National (LNC), Conifer Holdings (CNFR), and American Financial Group's subordinated debentures (AFGC). Trading volumes for these stocks were reported to be 0% of their average full-day volume over the last 100 days.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 5:40 pm

TCEHY

Tencent Holding Ltd has shut down its U.S. video game studio Team Kaiju, which was part of its strategy to expand into the Western gaming market. The closure happened in June, with staff reassigned to other Tencent games. The studio, led by Scott Warner, was developing a high-budget multiplayer game. Warner left the studio in April. Tencent continues to focus on international markets with other projects like 'The Last Sentinel' at Lightspeed LA studio.

Portfolio Pulse from Anusuya Lahiri

December 18, 2023 | 5:37 pm

ALLK

Allakos Inc (NASDAQ:ALLK) shares rose after William Blair analyst Tim Lugo upgraded the company to Outperform, citing a 'strong chance' of efficacy in upcoming study results for lirentelimab in atopic dermatitis and chronic spontaneous urticaria. Lugo highlighted the significant upside potential if the studies prove successful, especially given Allakos's current low enterprise value compared to Celldex, which has a much higher valuation after positive Phase II data in CSU.

Portfolio Pulse from Priya Nigam

December 18, 2023 | 5:34 pm

Kyndryl's stock (KD) has seen a positive shift in market sentiment after JP Morgan upgraded the stock from Neutral to Overweight and increased the price target from $20 to $25.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 5:33 pm

CISS

EPOW

FRGT

IPWR

KULR

SFWL

SIDU

SPPL

SPWR

SUNW

During Monday's intraday session, several industrial stocks experienced significant movements. Sunrise New Energy (EPOW) and Ideal Power (IPWR) were among the gainers, with shares rising 19.4% and 18.42%, respectively. KULR Tech Gr (KULR) and C3is (CISS) also saw their shares increase. Conversely, SunPower (SPWR) led the losers with a 35.8% drop, followed by declines in Sidus Space (SIDU), Simpple (SPPL), Shengfeng Development (SFWL), Freight Technologies (FRGT), and Sunworks (SUNW).

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 5:32 pm

ADD

FTCH

GMBL

GMBLP

GOTU

PLBY

In Monday's intraday session, several consumer discretionary stocks experienced significant movements. Color Star Tech (ADD), Visionary Education Tech (GV), Tarena International (TEDU), Esports Entertainment (GMBL), Boqii Holding (BQ), and Sacks Parente Golf (SPGC) were among the gainers, with increases ranging from 10.12% to 26.5%. On the losing side, Farfetch (FTCH) saw a sharp decline of 43.3%, while Esports Entertainment (GMBLP), Gaotu Techedu (GOTU), Jeffs Brands (JFBR), Four Seasons Education (FEDU), and PLBY Group (PLBY) also experienced notable drops between 13.41% and 23.39%.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 5:32 pm

SNES

SenesTech shares have risen following the announcement of a Distribution Agreement with Fruit Tree Limited, which includes an initial order for Evolve Soft Bait in Hong Kong and Macau.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 5:32 pm

BMRA

CARA

CKPT

IVVD

PBLA

UTRS

During Monday's intraday session, several healthcare stocks experienced significant movements. Invivyd (IVVD) saw a sharp increase of 157.7%, while Panbela Therapeutics (PBLA) and Biomerica (BMRA) also posted substantial gains. Conversely, Cara Therapeutics (CARA), Checkpoint Therapeutics (CKPT), and Minerva Surgical (UTRS) were among the notable losers, with their stock prices falling significantly.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 5:32 pm

CIFR

CSPI

CXDO

EBIX

INPX

QMCO

In Monday's intraday session, several IT stocks experienced significant movements. Crexendo, Quantum, Cipher Mining, Neonode, Canaan, and CSP saw gains, with Crexendo leading at a 22.4% increase. Conversely, Ebix, Inpixon, ICZOOM Group, Maxeon Solar Technologies, Alpha Technology Group, and Akerna faced declines, with Ebix dropping 69.6%. CSP's rise follows their Q4 earnings release 4 days ago.

Portfolio Pulse from Benzinga Insights

December 18, 2023 | 5:32 pm

CLF

Cleveland-Cliffs (CLF) stock is trading higher following the announcement by Nippon Steel of a proposed acquisition of U.S. Steel. Cleveland-Cliffs, which had previously proposed to acquire U.S. Steel, stated it will now prioritize more aggressive share buybacks under its current authorization.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 5:30 pm