Streetbeat News

FOXO

FOXO Technologies Inc.

https://www.foxotechnologies.com

Industry

Medical - Healthcare Information Services

FOXO Technologies Inc., a technology platform company, focuses on commercializing longevity science through products and services that serve the life insurance industry. The company is developing products and services that combine longevity science with life insurance to support the consumer health and wellness engagement, and to simplify the consumer underwriting journey. It offers FOXO Labs, a services platform that integrates saliva-based epigenetic biomarkers into accelerated underwriting protocols to improve the customer underwriting journey; and FOXO Life, an insurance products platform that offers proprietary life insurance products and third-party life insurance carrier products based on bundling longevity science with life insurance. The company was founded in 2019 and is based in Minneapolis, Minnesota.

Open

0.47

Mkt cap

2.1M

Volume

31M

High

0.48

P/E Ratio

0.49

52-wk high

1.06

Low

0.35

Div yield

N/A

52-wk low

0.13

In Thursday's intraday session, several information technology stocks experienced significant movements. Minim (MINM) saw a dramatic increase of 572.4% to $6.12, while SemiLEDs (LEDS), Strong Global (SGE), Powerbridge Technologies (PBTS), Nortech Systems (NSYS), and BIO-key Intl (BKYI) also posted gains. Conversely, Nvni Group (NVNI), Pure Storage (PSTG), FOXO Technologies (FOXO), SEALSQ (LAES), Fastly (FSLY), and QuickLogic (QUIK) experienced declines, with PSTG notably dropping after its Q3 earnings release.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 5:30 pm

FOXO Technologies Inc. (NYSE:FOXO) received a notice from NYSE American for not filing its Q3 Form 10-Q on time, violating the Exchange's listing standards. The company has until May 20, 2024, to file and regain compliance, with a possible six-month extension. FOXO's securities will continue trading with a late filer indicator during this period.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:30 pm

In Wednesday's pre-market session, several IT stocks showed significant movement. NetApp (NTAP) and Workday (WDAY) experienced gains after their Q2 and Q3 earnings reports, respectively. Tuya (TUYA) also rose following its Q3 earnings. Conversely, Cyngn (CYN), Roadzen (RDZN), Agora (API), Jabil (JBL), SMX (Security Matters), and FOXO Technologies (FOXO) saw their stock prices fall. Other movers included Sobr Safe (SOBR), Alpha Technology Group (ATGL), and WiSA Technologies (WISA).

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 1:06 pm

FOXO Technologies has announced that it expects its Class A common stock to resume trading on November 7, following a 1-for-10 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 2:27 pm

FOXO Technologies has announced plans for a new direct-to-consumer offering that combines the company's epigenetic data with artificial intelligence. The company has also secured an exclusive license with KR8.ai to power new epigenetic wellness solutions.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:36 pm

FOXO Technologies Inc. (NYSE:FOXO) has announced a 1-for-10 reverse stock split of its Class A common stock, effective at 4:01pm ET on November 6, 2023. The stock will begin trading on a split-adjusted basis on the NYSE American under the same symbol 'FOXO' on November 7, 2023. The reverse stock split was approved by the company's stockholders at the 2023 Annual Meeting. All outstanding stock options, warrants, and equity incentive plans will be proportionately affected.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 9:32 pm

FOXO Technologies Inc. (NYSE:FOXO) has completed its strategic review and announced a significant restructuring of the business, including cost rationalization and divestment of certain assets. The company has reduced headcount expenses by approximately 65% and is leveraging AI technologies to enhance efficiency and drive its new direct-to-consumer strategy. FOXO has also been granted two key patents by the USPTO, which will be integrated into its new consumer-focused health and wellness offering.

Portfolio Pulse from Happy Mohamed

October 23, 2023 | 12:05 pm

FOXO Technologies Inc. (NYSE:FOXO) has received an Issue Notification from the United States Patent & Trademark Office (USPTO) for a patent that uses machine learning to enable the commercialization of epigenetic biomarkers. This builds on previous Notices of Allowance issued by the USPTO for two related patents. The patents support the use of machine learning in estimating health aspects and filling in missing or unreliable epigenetic values. The company has generated epigenetic data for over 13,000 individuals to support these patents.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 12:02 pm

FOXO Technologies' Interim CEO, Mark White, has outlined a new strategy for the company, focusing on AI-enabled direct-to-consumer services and immediate expense reductions. The company plans to launch a subscription-based app leveraging AI, machine learning, and epigenetic data to enhance health and wellness. FOXO is also considering strategic alternatives, including the acquisition of complementary AI technologies and/or strategic sales of assets. The company is shifting its focus away from selling life insurance products and instead concentrating on its Bioinformatics Services offering.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 12:34 pm

During Monday's intraday session, several IT stocks experienced significant movements. MMTEC, Bit Origin, Glimpse Group, WM Tech, and Akoustis Technologies saw their stocks rise, with increases ranging from 7.33% to 15.5%. On the other hand, MicroAlgo, GSE Systems, XIAO-I, Cemtrex, FOXO Technologies, and Akerna saw their stocks decline, with decreases ranging from 11.72% to 36.6%.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 5:31 pm

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