Streetbeat News

CRML

Critical Metals Corp.

Open

6.96

Mkt cap

619M

Volume

15K

High

7.12

P/E Ratio

-0.01

52-wk high

22.50

Low

6.78

Div yield

N/A

52-wk low

5.32

Critical Metals Corp. (NASDAQ:CRML) has signed a binding heads of agreement to acquire a controlling interest in the Tanbreez Greenland Rare Earth Mine from Rimbal Pty Ltd. The transaction is valued at up to $211 million and positions Critical Metals Corp. as a key supplier of rare earth elements for the western world.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:07 am

NEXTracker Inc. (NASDAQ:NXT) reported better-than-expected Q4 earnings, leading to a 7.7% rise in its stock price. Other notable gainers include monday.com Ltd. (NASDAQ:MNDY), BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX), and Nu Holdings Ltd. (NYSE:NU), among others.

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 2:22 pm

Spirit Airlines reported a Q1 fiscal 2024 revenue decline of 6.2% Y/Y, missing consensus, leading to a 9.8% drop in its shares. Other stocks also moved lower, including EyePoint Pharmaceuticals after its Phase 2 trial did not meet its primary endpoint, Integra LifeSciences with weak Q2 EPS guidance, and Bowlero with disappointing quarterly results. Braskem shares fell after a potential transaction update, GameStop declined following a previous week's surge, Uniti Group announced a $300 million notes offering, TreeHouse Foods reported mixed Q1 results, Jasper Therapeutics received a Buy rating from HC Wainwright, and several other companies like Medical Properties Trust, Tyson Foods, Allego, CureVac, Titan International, Geron Corporation, and Amgen also recorded losses.

Portfolio Pulse from Avi Kapoor

May 06, 2024 | 5:05 pm

HealthStream, Inc. reported first-quarter GAAP earnings of 17 cents per share, surpassing estimates of 11 cents per share, with sales of $72.760 million against expectations of $71.883 million, leading to a 7.4% rise in its shares. Other stocks also saw significant movements, including Hibbett, Inc. being acquired by JD Sports Fashion, and various companies like Spotify Technology S.A. and Ryder System, Inc. reporting strong financial results or receiving positive analyst coverage.

Portfolio Pulse from Avi Kapoor

April 23, 2024 | 2:50 pm

Matterport, Inc. (MTTR) shares surged following the announcement of its acquisition by CoStar Group, Inc. (CSGP) for an estimated $1.6 billion. Other stocks like Sea Limited (SE), Ingevity Corporation (NGVT), and MicroStrategy Incorporated (MSTR) also recorded significant gains, driven by upgrades, analyst recommendations, and the rise in Bitcoin, respectively.

Portfolio Pulse from Avi Kapoor

April 22, 2024 | 2:10 pm

In Friday's pre-market session, U.S. stock futures were down, with Nasdaq futures dropping over 100 points. Notably, Netflix reported positive Q1 earnings and subscriber growth but saw its shares fall 6%. Other stocks experiencing declines include Critical Metals Corp., Adaptive Biotechnologies, Li Auto Inc., SAGE Therapeutics, DocGo Inc, Sunnova Energy International, NIO Inc., and ON Semiconductor, with various factors contributing to their pre-market losses.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 11:58 am

Ally Financial Inc. reported better-than-expected quarterly earnings, leading to a 7.7% rise in its stock price. Other companies like Badger Meter and Genuine Parts also saw significant gains after positive financial results. Meanwhile, stocks like Critical Metals Corp., Canopy Growth Corporation, and Humacyte, Inc. recorded substantial increases. Trump Media & Technology Group Corp. explained shareholder actions to prevent short interest positions, contributing to its stock rise.

Portfolio Pulse from Avi Kapoor

April 18, 2024 | 5:58 pm

Ermenegildo Zegna N.V. (ZGN) reported a significant increase in FY23 profits, yet shares fell 14%. Other stocks like Altice USA (ATUS), DoubleDown Interactive (DDI), and Herbalife (HLF) also saw declines. Altice was downgraded by Wells Fargo, and Herbalife is anticipated to release Q1 2024 results soon.

Portfolio Pulse from Avi Kapoor

April 05, 2024 | 2:27 pm

Ulta Beauty, Inc. (ULTA) shares fell by 13.7% following a weak outlook presented at the J.P. Morgan Retail Roundup. Other stocks experienced significant movements, with ARCA biopharma, Inc. (ABIO) and Kintara Therapeutics, Inc. (KTRA) seeing substantial gains due to merger agreements. Vanda Pharmaceuticals Inc. (VNDA) and VivoPower International PLC (VVPR) also saw notable increases. On the downside, Casa Systems, Inc. (CASA) and View, Inc. (VIEW) plummeted after filing for Chapter 11 bankruptcy.

Portfolio Pulse from Avi Kapoor

April 03, 2024 | 5:56 pm

FactSet Research Systems Inc. (FDS) shares fell by 5.2% after reporting lower-than-expected Q2 revenue and FY24 guidance. Other stocks showed significant movement, with notable gainers including Yield10 Bioscience, Inc. (YTEN) and losers like Movella Holdings Inc. (MVLA).

Portfolio Pulse from Avi Kapoor

March 21, 2024 | 6:39 pm

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