Streetbeat News

Stock Prices

ARQQ

Arqit Quantum Inc. (NASDAQ: ARQQ), a leader in quantum-safe encryption, announced that D2BW Limited, owned by Arqit's founders, will purchase 1,241,379 shares at $0.725 each, totaling about $900,000. This is part of an agreement allowing for up to 7,586,206 shares to be bought at the same price, dependent on additional loan proceeds. Founders David Williams and David Bestwick now own 30.5% of Arqit's shares. The transaction underscores their confidence in Arqit's technology and commercial potential.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 12:08 pm

DBGI

KAVL

PEV

RENT

SNPO

In Monday's pre-market session, there were notable movements in the consumer discretionary sector. Snap One Holdings, Phoenix Motor, and Kaival Brands Innovations were among the top gainers, with Snap One Holdings leading with a 31.1% increase. On the downside, Kaixin Holdings, ZHONGCHAO, and Lixiang Education Holdings were among the biggest losers. Rent the Runway and Digital Brands Group also reported their Q4 earnings, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 12:07 pm

HRYU

LFLY

MGAM

NXPL

In Monday's pre-market session, several communication services stocks showed notable movements. Hanryu Holdings, Leafly Holdings, Treasure Global, Collective Audience, TruGolf Holdings, and TuanChe were among the gainers, with increases ranging from 5.52% to 21.6%. Conversely, NextPlat, Mobile Global Esports, iHuman, Brera Holdings, Chicken Soup for the Soul, and Reading Intl were the losers, with declines between 4.38% and 17.6%. Market values of these companies also varied significantly.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 12:07 pm

BMRA

MRNS

SNGX

In Monday's pre-market session, several healthcare stocks showed significant movement. Soligenix, Longeveron, Cartesian Therapeutics, Biomerica, Allarity Therapeutics, and Envoy Medical were among the gainers, with Soligenix leading by a 95.1% increase. On the downside, Marinus Pharma, TRACON Pharma, Neumora Therapeutics, PaxMedica, Alterity Therapeutics, and SINTX Techs faced declines, with Marinus Pharma dropping by 74.5%. Biomerica's rise was attributed to its Q3 earnings release.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 12:07 pm

AEYE

SNCR

WETH

WTO

In Monday's pre-market session, several Information Technology stocks showed notable movements. Wetouch Technology, UTime, Arqit Quantum, MultiSensor AI Holdings, AuthID, and Viasat were among the gainers, with increases ranging from 7.79% to 11.1%. Conversely, AudioEye, Synchronoss Technologies, Roadzen, Cyngn, OMNIQ, and GRIID Infrastructure experienced declines, with decreases ranging from 4.63% to 34.2%.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 12:07 pm

INSE

Inspired Entertainment shares surged following the announcement of Q4 results that exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 12:04 pm

GRRR

Gorilla Technology Group Inc. (NASDAQ:GRRR) announced a 1-for-10 reverse stock split effective April 15, 2024, aimed at regaining compliance with Nasdaq's minimum bid price requirement by May 1, 2024. The move, approved by shareholders, seeks to enhance market valuation and attract institutional investors. CEO Jay Chandan highlighted the company's strong financial performance and innovation strategy as key to addressing market challenges and driving future success.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 12:03 pm

VIRX

Viracta Therapeutics announced positive topline results from Stage 1 of the NAVAL-1 trial for Nana-val, a combination treatment for Epstein-Barr Virus-Positive Peripheral T-Cell Lymphoma. The treatment showed a 50% overall response rate and a 20% complete response rate in the intent-to-treat population, with even higher efficacy in the efficacy-evaluable population. The results, which demonstrate greater efficacy than nanatinostat monotherapy, were presented at a joint annual congress in Taiwan.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 12:02 pm

VCIG

VCI Global Limited (NASDAQ:VCIG) has acquired two AI gamification platforms, ENGAGE and Interact, from a UK-based developer, aiming to tap into the growing mobile advertising market projected to reach $400 billion by 2024. These platforms, which have shown significant user engagement and brand partnerships during trials, are expected to open new monetization channels for VCIG in brand marketing globally. The acquisition aligns with VCIG's strategy to expand its technology venture portfolio and anticipates future Nasdaq listings for these platforms.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 12:02 pm

INSE

Inspired Entertainment (NASDAQ:INSE) reported Q4 adjusted EPS of $0.17, surpassing the $0.13 estimate, and sales of $81.20M, exceeding the $73.22M estimate. This represents a 54.55% increase in EPS and a 3.31% increase in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 12:02 pm