Streetbeat News

NCAC

Newcourt Acquisition Corp

Open

6.28

Mkt cap

42M

Volume

86K

High

6.28

P/E Ratio

36.85

52-wk high

14.55

Low

4.58

Div yield

N/A

52-wk low

4.58

Newcourt Acquisition Corp. (NCAC) has extended the deadline to finalize its business combination from January 22, 2024, to February 22, 2024. This extension provides additional time for Newcourt Acquisition to complete the necessary steps to close the deal.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 7:14 am

KeyCorp (NYSE:KEY) shares dropped by 5.4% to $13.10 after reporting Q4 financial results with revenues of $1.538 billion, down 19% Y/Y, but slightly above consensus. Adjusted EPS of 25 cents also exceeded expectations. Other stocks experienced significant movements in Thursday's mid-day session, with various companies reporting gains due to different reasons such as acquisitions, financial results, and analyst upgrades. Conversely, several companies saw their shares fall due to negative news such as voluntary delisting, reverse stock splits, and disappointing earnings guidance.

Portfolio Pulse from Avi Kapoor

January 18, 2024 | 6:08 pm

U.S. stocks traded mixed with the Nasdaq Composite rising over 100 points. The Dow fell 0.33%, while the S&P 500 gained 0.43%. U.S. initial jobless claims dropped to 187,000, below market estimates of 207,000. Information technology shares led gains, while health care shares declined. Agrify Corporation (AGFY) surged 133% after announcing a new facility in California. Lytus Technologies (LYT) and Celularity Inc. (CELU) also saw significant gains. Aravive, Inc. (ARAV), Processa Pharmaceuticals (PCSA), and Newcourt Acquisition Corp (NCAC) experienced notable declines.

Portfolio Pulse from Avi Kapoor

January 18, 2024 | 2:47 pm

M.D.C. Holdings, Inc. (NYSE:MDC) shares rose by approximately 17% in pre-market trading after announcing an acquisition agreement with Sekisui House, Ltd., where a subsidiary of Sekisui House will acquire MDC for $4.9 billion in cash. Other stocks experienced significant movement in pre-market trading, with notable gainers including Lytus Technologies Holdings PTV. Ltd. (LYT) and Marpai, Inc. (MRAI), and losers such as Aravive, Inc. (ARAV) and Nuvve Holding Corp. (NVVE).

Portfolio Pulse from Avi Kapoor

January 18, 2024 | 12:52 pm

FLJ Group Limited's stock soared by 96.4% after announcing an agreement to acquire Alpha Mind Technology. Other stocks also saw significant movements in Friday's mid-day session, with Versus Systems Inc. leading the gainers after a strategic investment from Cronus Equity Capital Group. iRobot Corporation's stock rose due to Amazon's proposed acquisition nearing EU antitrust approval. iClick Interactive Asia Group Limited climbed after a merger deal. On the losers' side, LQR House Inc. dropped after receiving a Nasdaq delisting determination, and Impel Pharmaceuticals Inc. dipped following a recent surge.

Portfolio Pulse from Lisa Levin

November 24, 2023 | 5:21 pm

Psyence Group Inc. and Newcourt Acquisition Corp (NASDAQ:NCAC) have announced the SEC's effectiveness of a Form F-4 registration statement for a new business combination. This move brings Psyence Group closer to listing on a U.S. national security exchange and is part of their strategy to launch a Phase 2b clinical trial for nature-derived psilocybin in palliative care. The business combination, valued at $50 million in pre-money equity, will result in Psyence contributing its therapeutics division to the new public company, Psyence Biomedical Ltd., which will trade under the Nasdaq ticker 'PBM'. Psyence Group has also granted stock options to eligible participants.

Portfolio Pulse from Lara Goldstein

November 16, 2023 | 9:07 pm

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