Streetbeat News

TRUG

TruGolf Holdings, Inc.

Industry

Electronic Gaming & Multimedia

TruGolf Holdings, Inc., through its subsidiary, engages in the development and sale of indoor golf simulator hardware under the TruGolf Nevada brand for residential and commercial markets in the United States. It also provides E6 Connect software for use on other companies' hardware. The company was founded in 1982 and is headquartered in Centerville, Utah.

Open

0.55

Mkt cap

Volume

2.5M

High

0.55

P/E Ratio

-0.65

52-wk high

11.82

Low

0.40

Div yield

N/A

52-wk low

0.40

Lifecore Biomedical's shares plummeted by 31.7% after announcing the conclusion of its strategic evaluation process, management changes, and board reshuffling. Other stocks experienced significant movements, with gainers like ETAO International and XTL Biopharmaceuticals seeing sharp increases due to a reverse stock split and acquisition news, respectively. Losers included NuScale Power Corporation, which dropped 28% following a downgrade by Wells Fargo, and Ontrak, Inc., which fell 26% after a previous day's surge.

Portfolio Pulse from Avi Kapoor

March 20, 2024 | 6:03 pm

U.S. stocks were mostly flat as markets awaited the Federal Reserve's interest rate decision. Industrials shares rose by 0.5%, while energy shares fell by 0.6%. Crude oil inventories in the U.S. declined, contrary to market expectations. ETAO International announced a reverse stock split, XTL Biopharmaceuticals plans to acquire The Social Proxy, and TruGolf Holdings expanded its AI technology licensing agreement. Lifecore Biomedical concluded its strategic evaluation, Aquestive Therapeutics priced a public offering, and Signet Jewelers reported disappointing sales and guidance.

Portfolio Pulse from Avi Kapoor

March 20, 2024 | 4:47 pm

U.S. stocks edged lower ahead of the Federal Reserve's interest rate decision, with the Dow, NASDAQ, and S&P 500 all seeing slight declines. General Mills reported better-than-expected Q4 financial results, with a slight sales decline but beating analyst estimates. Utilities shares rose, while energy shares fell. Several companies saw significant stock movements, including ETAO International, XTL Biopharmaceuticals, and TruGolf Holdings experiencing sharp increases, whereas Lifecore Biomedical, NuScale Power Corporation, and Momentus Inc. saw notable declines.

Portfolio Pulse from Avi Kapoor

March 20, 2024 | 2:53 pm

TruGolf Holdings Inc (NASDAQ:TRUG) stock surged 52% to $1.75 after announcing a partnership with AI firm mlSpatial to enhance its APOGEE launch monitor. The collaboration involves integrating an advanced AI engine and gives TruGolf an option to acquire mlSpatial's assets in the future.

Portfolio Pulse from Henry Khederian

March 20, 2024 | 2:11 pm

TruGolf's stock price increased following the announcement of an expanded AI technology licensing agreement with mlSpatial. This partnership is expected to enhance TruGolf's offerings by incorporating advanced AI capabilities.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:01 pm

In Friday's after-market session, several Communication Services stocks showed notable movements. Fangdd Network Group (DUO) led the gainers with a 71.9% increase, while Sound Group (SOGP) experienced the largest drop among the losers, falling by 5.7%. Other notable companies include Grom Social Enterprises (GROM), PLAYSTUDIOS (MYPS), and Altice USA (ATUS) with varying degrees of gains and losses.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 9:31 pm

Compass Minerals International, Inc. (CMP) shares fell by 9% following disappointing quarterly results, missing both earnings and sales estimates. Other stocks showed significant movement, with notable gainers including Syra Health Corp. (SYRA) and Hitek Global Inc. (HKIT), and losers like Tenax Therapeutics, Inc. (TENX) and Bakkt Holdings, Inc. (BKKT). The article also highlights stocks that surged due to partnerships, financial results, and other corporate announcements.

Portfolio Pulse from Avi Kapoor

February 08, 2024 | 6:07 pm

Air Products and Chemicals, Inc. (APD) shares fell by around 15% after reporting Q1 financial results below expectations and lowering FY24 EPS guidance. Other stocks showed significant movements, with notable gainers including Yield10 Bioscience (YTEN) and 4D Molecular Therapeutics (FDMT), and losers like NanoString Technologies (NSTG) and DMK Pharmaceuticals (DMK) due to bankruptcy proceedings.

Portfolio Pulse from Avi Kapoor

February 05, 2024 | 5:56 pm

Skechers U.S.A., Inc. (SKX) shares fell by approximately 7% after reporting mixed Q4 financial results, missing revenue estimates but beating EPS expectations. Other stocks showed significant movement, with notable gainers including Intelligent Bio Solutions Inc. (INBS), Meta Platforms, Inc. (META), and Deckers Outdoor Corporation (DECK), among others. Losers included Cingulate Inc. (CING), MedAvail Holdings, Inc. (MDVL), and Scienjoy Holding Corporation (SJ), with various reasons for their declines.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 6:18 pm

Meta Platforms, Inc. (META) shares surged over 16% in pre-market trading due to strong fourth-quarter results and a new quarterly dividend. Other stocks also showed significant pre-market movements, with notable gainers including CCSC Technology International Holdings Limited (CCTG) and The Clorox Company (CLX), and losers like AgriFORCE Growing Systems Ltd. (AGRI) and Skechers U.S.A., Inc. (SKX).

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 1:21 pm

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