Streetbeat News

BENF

Beneficient

https://www.trustben.com

Industry

Asset Management

Beneficient, a technology-enabled financial service company, provides liquidity solutions to participants in the alternative asset industry. It operates AltAccess platform, which provides liquidity, custody, and investment analytics solutions, including AltLiquidity, an online tool that helps to find liquidity solutions for its alternative assets on a cybersecure platform; AltQuote, a quote tool for alternative assets; AltAccess, a secure platform for end-to-end alternative asset transactions; AltCustody to digitize and track its alternative assets; AltData, an investment analytics for its alternative asset data in one place; and AltTrading, a trading solution. The company serves mid-to-high net worth individual investors, small-to-midsize institutional investors, family offices, and fund general partners. The company is based in Dallas, Texas.

Open

0.33

Mkt cap

2.9M

Volume

240K

High

0.36

P/E Ratio

-0.07

52-wk high

13.20

Low

0.31

Div yield

N/A

52-wk low

0.28

Beneficient (NASDAQ:BENF) reported a significant increase in its quarterly losses to $(1.98) per share from $(0.19) YoY, alongside a decrease in sales to $8.46M from $9.04M YoY.

Portfolio Pulse from totan@benzinga.com

February 13, 2024 | 9:13 pm

Numerous companies are scheduled to report their quarterly earnings on February 13, 2024, with expectations spanning from significant profits to losses across various sectors. Key highlights include anticipated earnings from major corporations such as Coca-Cola, Shopify, Airbnb, and Biogen, reflecting a broad spectrum of industries from technology to consumer goods. The diversity in performance indicators underscores the varying financial health and market expectations for these entities.

Portfolio Pulse from Benzinga Insights

February 13, 2024 | 10:06 am

Beyond Air, Inc. (XAIR) shares dropped by 37.3% to $1.2701 due to weaker than expected quarterly results, with a loss of 51 cents per share and sales of $239,000 against expectations of $480,000. Other stocks experienced significant movements in Tuesday's mid-day session, with notable gainers including BioCardia, Inc. (BCDA), reAlpha Tech Corp. (AIRE), and Theseus Pharmaceuticals, Inc. (THRX), among others. Losers included Li-Cycle Holdings Corp. (LICY) and The Beauty Health Company (SKIN), which both saw sharp declines after reporting disappointing financial results.

Portfolio Pulse from Lisa Levin

November 14, 2023 | 7:05 pm

Beneficient (NASDAQ:BENF) reported a significant increase in its Q2 losses to $(1.45) per share, a 4733.33% increase from $(0.03) per share YoY. However, sales improved, showing a 92.14% increase to $(801.00K) from $(10.19M) YoY.

Portfolio Pulse from mahesh@benzinga.com

November 13, 2023 | 9:53 pm

The article lists five financial stocks that are currently oversold and could present investment opportunities. These include AMTD IDEA Group (NYSE:AMTD), Great Ajax Corp. (NYSE:AJX), Beneficient (NASDAQ:BENF), BOK Financial Corporation (NASDAQ:BOKF), and Siebert Financial Corp. (NASDAQ:SIEB). The companies have recently announced various financial updates, including share repurchase programs, earnings reports, and loan financing.

Portfolio Pulse from Lisa Levin

November 02, 2023 | 12:50 pm

Financial services stocks are trading lower, potentially due to weak Q3 results from Morgan Stanley and rising Treasury yields.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 4:28 pm

Several US stocks traded higher on Wednesday, with notable gains recorded by Sharecare, Scilex Holding Company, VOXX International Corp, Golden Heaven Group Holdings, American Battery Technology Company, Exscientia, Empire State Realty OP, AZZ Inc., Dada Nexus Limited, Novavax, Harmony Gold Mining Company, HUTCHMED, Sify Technologies Limited, Beneficient, and Groupon. Sharecare's surge followed a preliminary non-binding proposal for acquisition by Claritas Capital. VOXX and AZZ Inc. reported stronger-than-expected sales and results for their second quarter, respectively.

Portfolio Pulse from Lisa Levin

October 11, 2023 | 3:42 pm

On Tuesday, 132 companies hit new 52-week lows. Among them, Corning (NYSE:GLW) was the largest in terms of market cap, while Wheeler Real Estate IT (NASDAQ:WHLR) was the smallest. Fortress Biotech (NASDAQ:FBIO) saw the largest move with shares plummeting 1350.03%, while Insulet (NASDAQ:PODD) made the biggest bounce back, moving up 0.0% shortly after hitting a new 52-week low.

Portfolio Pulse from Benzinga Insights

October 10, 2023 | 5:09 pm

The article lists the stocks that gained and lost the most in Friday's mid-day session. Among the gainers were Applied UV, Inc., ParaZero Technologies Ltd., and American Oncology Network, Inc. The losers included OMNIQ Corp., VivoPower International PLC, and CalAmp Corp. The article also mentions several other stocks that experienced significant price changes.

Portfolio Pulse from Lisa Levin

October 06, 2023 | 5:59 pm

Several stocks experienced significant movement in Thursday's mid-day session. Orchard Therapeutics plc (ORTX) shares climbed 97.7% after agreeing to be acquired by Japan's Kyowa Kirin. SP Plus Corporation (SP) shares gained 47.5% after Metropolis Technologies announced it will acquire the company. Accolade Inc (ACCD) shares fell 9.9% after the company reported second-quarter results. Grupo Aeroportuario del Centro Norte (OMAB) shares dipped 39.6%.

Portfolio Pulse from Lisa Levin

October 05, 2023 | 5:23 pm

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