Streetbeat News

MRNO

Murano Global Investments PLC

Open

9.73

Mkt cap

712M

Volume

1.2K

High

9.73

P/E Ratio

-11.66

52-wk high

38.00

Low

8.98

Div yield

N/A

52-wk low

3.60

Murano Global Investments announced its plan to repurchase up to $2M of its ordinary shares until the end of the last business day of Q3 in 2024.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 9:20 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

Kodiak Sciences Inc. shares fell by around 20% after reporting a wider-than-expected Q4 loss. Other stocks showed significant movement, with Avalo Therapeutics leading gainers with a 430% jump after acquiring a Phase 2-ready anti-IL-1β mAb and announcing a private placement financing. Losers included Primech Holdings, falling 46.7% after issuing financial updates. The market saw a mix of positive and negative movements across various sectors.

Portfolio Pulse from Avi Kapoor

March 28, 2024 | 6:08 pm

Westport Fuel Systems Inc. (NASDAQ:WPRT) shares fell by approximately 10% after reporting a Q4 loss wider than expected. Other stocks experienced significant movements, with notable gainers including Stoke Therapeutics, Inc. (NASDAQ:STOK) and losers like Quhuo Limited (NASDAQ:QH). The movements were attributed to various factors including financial results, clinical trial data, and strategic agreements.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 5:45 pm

Salarius Pharmaceuticals, Inc. (NASDAQ:SLRX) shares surged 31.4% in pre-market trading following a narrower Q4 net loss compared to the previous year. Other stocks also showed significant movement in pre-market trading, with notable gainers including Next.e.GO N.V. (NASDAQ:EGOX) and MicroAlgo Inc. (NASDAQ:MLGO), and losers such as Sintx Technologies, Inc. (NASDAQ:SINT) and Invivyd, Inc. (NASDAQ:IVVD).

Portfolio Pulse from Avi Kapoor

March 25, 2024 | 12:03 pm

Cutera, Inc. (NASDAQ:CUTR) shares plummeted over 26% after reporting a Q4 adjusted EPS loss significantly worse than expected, despite beating sales forecasts. Other stocks experienced notable movements, with Murano Global Investments PLC (NASDAQ:MRNO) and Nova LifeStyle, Inc. (NASDAQ:NVFY) leading the gainers, while BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) and Sintx Technologies, Inc. (NASDAQ:SINT) were among the biggest losers.

Portfolio Pulse from Avi Kapoor

March 22, 2024 | 6:39 pm

Murano Global Investments PLC (NASDAQ:MRNO) shares surged over 50% on Friday after a significant drop of 47% on Thursday. This volatility follows the announcement of Murano's business combination with HCM Acquisition Corp, leading to the start of trading under the ticker MRNO on Thursday. Murano, a real estate firm focusing on properties in Mexico, does not pay dividends but engages in other value-returning activities. Trading volume spiked, causing a temporary halt on Friday.

Portfolio Pulse from Erica Kollmann

March 22, 2024 | 4:54 pm

Murano Global Investments' shares are experiencing increased trading activity and volatility after the company completed a business combination with HCM Acquisition Corp and made its debut on Nasdaq earlier this week.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 4:53 pm

Worthington Steel, Inc. (WS) reported strong Q3 results, surpassing earnings and sales expectations, leading to an 18.8% stock price increase. Other stocks like Murano Global Investments PLC (MRNO), Summit Midstream Partners, LP (SMLP), and FedEx Corporation (FDX) also saw significant gains due to various positive developments.

Portfolio Pulse from Avi Kapoor

March 22, 2024 | 2:08 pm

Trading of Murano Global Investments shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 1:50 pm

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