Streetbeat News

BURU

Nuburu, Inc.

https://www.nuburu.net

Industry

Industrial - Machinery

Nuburu, Inc. develops high power precision blue light engine lasers for the metal processing and 3D printing industries worldwide. The company offers Nuburu AO and NUBURU BL series lasers. Its products have applications in battery, e-mobility, consumer electronics, and 3D printing metal systems. Nuburu, Inc. is headquartered in Centennial, Colorado.

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U.S. stocks traded mixed with the S&P 500 edging higher. Signet Jewelers' shares fell 16% due to mixed first-quarter earnings. BioRestorative Therapies, Zapp Electric Vehicles, and Sharps Technology saw significant gains. J.Jill, Nuburu, and Cara Therapeutics experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 6:35 pm

Signet Jewelers Limited (NYSE:SIG) shares fell over 12% due to mixed first-quarter earnings, including a significant drop in same-store sales. The company reported a 9.5% year-on-year sales decline, missing analyst estimates, but beat EPS expectations. Other stocks mentioned include BioRestorative Therapies, Zapp Electric Vehicles, Sharps Technology, and Broadcom, among others, with various gains and losses based on recent announcements and earnings reports.

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 6:07 pm

Nuburu, Inc. (AMEX:BURU) shares are down 36% after announcing a 1-for-40 reverse stock split effective June 24. The company aims to settle additional debt by issuing more shares and plans to maintain NYSE listing standards.

Portfolio Pulse from Erica Kollmann

June 13, 2024 | 5:13 pm

The article highlights the intraday movements of various industrial stocks on Thursday. Notable gainers include YY Group Holding, TOMI Environmental Solutions, iPower, Montana Technologies, WANG & LEE Group, and KULR Tech Group. Significant losers include Nuburu, ZKH Group, Wilhelmina International, New Horizon Aircraft, Jet AI, and Ambipar Emergency.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 4:31 pm

U.S. stocks traded mixed with the Dow Jones down over 200 points, while the NASDAQ rose. Broadcom shares surged 13% after strong Q2 results and a 10-for-1 stock split announcement. BioRestorative Therapies, Zapp Electric Vehicles, and Sharps Technology saw significant gains. J.Jill, Nuburu, and Cara Therapeutics experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 4:07 pm

U.S. stocks showed mixed performance with the Dow Jones falling over 100 points, while the NASDAQ and S&P 500 rose. U.S. producer prices declined by 0.2% in May. BioRestorative Therapies, E-Home Household Service Holdings, and Sharps Technology saw significant stock price increases, while Assure Holdings, Nuburu, and Cara Therapeutics experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 1:45 pm

Nuburu has announced a 1-for-40 reverse stock split of its outstanding stock, effective June 24, 2024. Trading of Nuburu shares has been halted pending further news.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 1:37 pm

NUBURU shares are trading lower after the company announced a 1-for-40 reverse stock split, effective June 24.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:45 pm

Nuburu shares are trading lower after the company announced a 1-for-40 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:44 pm

NUBURU will implement a 1-for-40 reverse stock split of its outstanding stock effective June 24, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:44 pm

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