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TBRG

TruBridge, Inc. (NASDAQ:TBRG), a healthcare solutions company, announced the adoption of a limited duration stockholder rights plan to protect stockholders' interests and ensure all stockholders can realize the long-term value of their investment. This Rights Plan is designed to prevent any entity from gaining control without negotiating with the Board and paying a control premium.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 12:07 pm

SNX

TD SYNNEX has announced a new $2 billion share repurchase authorization, signaling confidence in the company's financial health and a commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 12:07 pm

BTDR

Bitdeer Technologies Group (NASDAQ:BTDR) announced a hash rate expansion plan of approximately 3.4 EH/s as part of its strategy to expand self-mining. The company plans to install SEALMINER A1 miners in its datacenters in Texas, USA, and Norway in Q3 and Q4 2024, aiming to increase its total proprietary hash rate from 8.4 EH/s to about 11.8 EH/s. This expansion is the first step in a broader plan to add 30-40 EH/s by the end of 2025, replacing older rigs and potentially exceeding a total hash rate under management of 46 EH/s. The SEALMINER A1 is powered by the SEAL01 chip, noted for its power efficiency.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 12:06 pm

WATT

Energous Corporation (NASDAQ:WATT) announced a leadership change with Cesar Johnston stepping down as President & CEO, effective immediately. The Board is searching for a successor and has established an Office of the Chair for interim leadership. The company remains focused on its IoT-centric strategy and the adoption of its WattUp wireless power technology. A financial results conference call is scheduled for March 28.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 12:03 pm

WBA

Morgan Stanley analyst Erin Wright has maintained an Underweight rating on Walgreens Boots Alliance (WBA) and reduced the price target from $22 to $21.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 12:03 pm

DNUT

MCD

Krispy Kreme Inc (NASDAQ:DNUT) shares surged after expanding its national partnership with McDonald's Corp (NYSE:MCD), aiming to offer its doughnuts in McDonald's restaurants nationwide by the end of 2026. The partnership, which includes popular Krispy Kreme doughnuts, follows a successful test in Kentucky, with expectations to double Krispy Kreme's points of access.

Portfolio Pulse from Shivani Kumaresan

March 26, 2024 | 12:03 pm

PJT

PJT Partners (NYSE:PJT) received mixed ratings from 5 analysts, with a shift towards a more bearish outlook in the last 30 days. The average 12-month price target is now $94.6, down from $99.75. Analyst actions include both upgrades and downgrades, reflecting varied expectations for the company's performance. PJT Partners, an advisory-focused investment bank, shows a positive revenue trend with a 17.36% growth rate as of December 31, 2023, but faces challenges in net margin and market capitalization. Its ROE and ROA outperform industry averages, and it has a healthy debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 12:01 pm

QLYS

Six analysts have recently updated their ratings on Qualys (NASDAQ:QLYS), showing a mix of sentiments with one somewhat bullish, four indifferent, and one somewhat bearish rating. The average 12-month price target is now $179.5, down from $183.25, with individual targets ranging from $152.00 to $210.00. Qualys, a cloud security and compliance solutions provider, has shown impressive financial performance with a revenue growth rate of 10.49%, a net margin of 28.08%, and an ROE of 11.75%. Despite this, its market capitalization is below industry benchmarks, and its revenue growth lags behind its peers in the Information Technology sector.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 12:01 pm

APCX

CHEK

NBSE

STOK

Stoke Therapeutics, Inc. (STOK) shares surged by approximately 70% in pre-market trading following the announcement of positive Phase 1/2a data for STK-001 in Dravet syndrome. Other stocks also showed significant movement in pre-market trading, with notable gainers including Check-Cap Ltd. (CHEK), C3is Inc. (CISS), and OpGen, Inc. (OPGN), among others. On the losing end, NeuBase Therapeutics, Inc. (NBSE) and AppTech Payments Corp. (APCX) saw substantial declines.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 12:00 pm

DJT

DWAC

Shares of Trump Media & Technology Group Corp. (DJT) surged 19% in premarket trading ahead of its Nasdaq debut, following a merger with Digital World Acquisition Corp. (DWAC). The merger completion was announced, with DJT and its warrants DJTWW to be listed. Skeptics question the valuation, citing the stock's detachment from fundamentals. Truth Social's fortunes, linked to TMTG, are influenced by Donald Trump's financial and legal challenges.

Portfolio Pulse from Shanthi Rexaline

March 26, 2024 | 11:59 am