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

0.40

Mkt cap

12M

Volume

318K

High

0.43

P/E Ratio

-0.58

52-wk high

2.27

Low

0.38

Div yield

N/A

52-wk low

0.32

The article highlights the performance of 12 communication services stocks during Tuesday's after-market session. Notable gainers include CuriosityStream, FingerMotion, and Zhihu, while significant losers include Treasure Global, Cardlytics, and iHeartMedia.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 8:31 pm

In Monday's pre-market session, several communication services stocks showed notable movements. Hanryu Holdings, Leafly Holdings, Treasure Global, Collective Audience, TruGolf Holdings, and TuanChe were among the gainers, with increases ranging from 5.52% to 21.6%. Conversely, NextPlat, Mobile Global Esports, iHuman, Brera Holdings, Chicken Soup for the Soul, and Reading Intl were the losers, with declines between 4.38% and 17.6%. Market values of these companies also varied significantly.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 12:07 pm

In Wednesday's pre-market session, several Communication Services stocks showed notable movements. Kore Group Holdings, TuanChe, VS Media Holdings, Vtex, Asset Entities, and FingerMotion were among the gainers, with increases ranging from 4.55% to 13.9%. Conversely, TruGolf Holdings, Antelope Ent Hldgs, Fluent, HWH International, Gamer Pakistan, and Mobile Global Esports were the losers, with declines between 5.7% and 8.8%.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 12:09 pm

TruGolf Holdings, Inc. (NASDAQ:TRUG) has announced a strategic partnership with Franchise Well to accelerate its global expansion through franchising. This move aims to capitalize on the growing demand for off-course golf experiences, as evidenced by the National Golf Foundation's data showing a significant increase in off-course golf participation. TruGolf's CEO, Chris Jones, emphasized the goal of making golf more accessible globally, while Franchise Well's Ben Litalien highlighted the low labor, high technology appeal of TruGolf's franchising model.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:05 pm

In Tuesday's pre-market session, several communication services stocks showed notable movements. Reddit (RDDT) led the gainers with an 11.5% increase, while Cardlytics (CDLX) experienced the largest drop among the losers, declining by 16.1%. Other notable movers included NextPlat (NXPL), Advantage Solutions (ADV), and BuzzFeed (BZFD), with significant changes in their stock prices.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 1:06 pm

U.S. stocks rose after the Federal Reserve left interest rates unchanged, with the Dow, NASDAQ, and S&P 500 all posting gains. Industrials and health care sectors saw mixed performance. Several companies experienced significant stock movements, including ETAO International, XTL Biopharmaceuticals, and TruGolf Holdings seeing sharp increases, while Lifecore Biomedical, Aquestive Therapeutics, and Signet Jewelers reported declines. The Fed's decision to maintain rates between 5.25% and 5.5% was anticipated, aligning with investor expectations.

Portfolio Pulse from Avi Kapoor

March 20, 2024 | 7:22 pm

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

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