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WISA

WiSA Technologies, Inc.

https://www.wisatechnologies.com

Industry

Semiconductors

WiSA Technologies, Inc. develops, manufactures, and sells audio wireless technology for smart devices and next-generation home entertainment systems in the United States, Europe, and internationally. The company offers wireless modules. It serves primarily to consumer electronics companies. The company was formerly known as Summit Wireless Technologies, Inc. and changed its name to WiSA Technologies Inc. in March 2022. WiSA Technologies, Inc. was incorporated in 2010 and is headquartered in Beaverton, Oregon.

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Gilead Sciences Inc (NASDAQ:GILD) is set to acquire CymaBay Therapeutics Inc (NASDAQ:CBAY) for $4.3 billion, or $32.50 per share in cash. This acquisition aims to enhance Gilead's liver portfolio with CymaBay's lead product candidate, seladelpar, for primary biliary cholangitis. Meanwhile, the Dow Jones index rose by 0.48%, and the NASDAQ and S&P 500 also saw gains. Energy shares led the market with a 1.1% increase, while health care shares slightly declined.

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 5:30 pm

WiSA Technologies announced the pricing of a $10 million public offering, consisting of 153,840,000 units at $0.065 per unit, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 3:39 pm

WiSA Technologies has announced the pricing of a 153,840,000 unit offering, aiming to raise approximately $10 million in gross proceeds. This strategic move is designed to enhance the company's financial flexibility and support its growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:21 pm

In Monday's pre-market session, several Information Technology stocks showed significant movements. Genasys, Rackspace Tech, and SMX were among the top gainers, with increases of 17.7%, 13.77%, and 11.11% respectively. On the losing side, LightPath Technologies, MicroCloud Hologram, and Monday.Com experienced declines of 19.8%, 13.82%, and 11.31% respectively. Notably, earnings reports influenced some of these movements, with Amtech Systems, LightPath Technologies, and Monday.Com releasing their financial results.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 1:05 pm

In Monday's pre-market session, several Information Technology stocks showed notable movements. Everbridge, Datasea, Akerna, and WiSA Technologies were among the top gainers, with Everbridge leading at an 18.1% increase. NAPCO Security Technologies also rose by 9.18% following its Q2 earnings release. On the downside, Ostin Technology Group, Infobird Co, WaveDancer, ReAlpha Tech Corp, Remark Holdings, and Infrared Cameras Holdings experienced declines, with Ostin Technology Group dropping the most at 10.6%.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 1:06 pm

In Tuesday's after-market session, several information technology stocks experienced movement. Ascent Solar Technologies, Movella Holdings, FOXO Technologies, Xunlei, Addvantage Technologies, and Expensify saw gains, with Ascent Solar leading at a 5.7% increase. On the downside, Meta Materials, Infrared Cameras Holdings, WiSA Technologies, Cyngn, Texas Instruments, and Dropbox experienced declines, with Meta Materials dropping the most at 13.2%. Texas Instruments' Q4 earnings were released the same day.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 9:30 pm

CommScope Holding Company, Inc. (NASDAQ:COMM) shares fell by approximately 7% after B of A Securities analyst Tal Liani downgraded the stock from Neutral to Underperform and lowered the price target from $2.1 to $2. The article also lists other stocks that moved in Monday's mid-day session, including gainers such as Sagimet Biosciences Inc. (NASDAQ:SGMT) and losers like Virios Therapeutics, Inc. (NASDAQ:VIRI).

Portfolio Pulse from Avi Kapoor

January 22, 2024 | 6:08 pm

In Monday's intraday session, several IT stocks experienced significant movements. Remark Holdings (MARK) led the gainers, surging 43.9% to $0.55, while LGL Group (LGL) headed the losers, dropping 26.6% to $4.44. Other notable gainers included Phunware (PHUN), CXApp (CXAI), Comtech Telecom (CMTL), Taoping (TAOP), and Quantum (QMCO). On the losing side were FOXO Technologies (FOXO), MMTEC (MTC), VNET Group (VNET), Mobix Labs (MOBX), and WiSA Technologies (WISA). FOXO's decline followed the release of their Q3 earnings.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 5:31 pm

Coherus BioSciences, Inc. (NASDAQ:CHRS) shares surged 22.1% in pre-market trading following the announcement of a $170 million all-cash deal to divest its ophthalmology franchise to Sandoz. Other stocks experienced significant movement in pre-market trading, with notable gainers including Northann Corp. (NYSE:NCL), HNR Acquisition Corp (NYSE:HNRA), and Porch Group, Inc. (NASDAQ:PRCH). Conversely, companies like B. Riley Financial, Inc. (NASDAQ:RILY) and Agrify Corporation (NASDAQ:AGFY) saw their shares decline. Archer-Daniels-Midland Company (NYSE:ADM) also dropped after announcing an interim CFO and adjusted EPS expectations.

Portfolio Pulse from Avi Kapoor

January 22, 2024 | 1:21 pm

In Wednesday's pre-market session, several information technology stocks showed significant movement. Airspan Networks (MIMO) saw a dramatic increase of 196.5%, while Impinj (PI) rose by 10.09%. WiSA Technologies (WISA), Nvni Group (NVNI), LG Display Co (LPL), and D-Wave Quantum (QBTS) also experienced gains. Conversely, Phunware (PHUN) plummeted by 61.6%, with DatChat (DATS), Remark Holdings (MARK), Cemtrex (CETXP), Verb Tech (VERB), and Spectaire Holdings (SPEC) all posting losses.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 1:05 pm

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