CohBar (OTC:CWBR) Stock, Quote.Headers.trade-ideas

CohBar

CohBar Inc is a biotechnology company. It is engaged in the research and development of mitochondria-based therapeutics (MBTs) to treat various diseases associated with aging and metabolic dysfunction. The product portfolio of the company includes drugs such as CB4209 and CB4211, SHLP-6, SHLP-2, and new MBTs, these address a broad range of age-related diseases, including obesity, fatty liver disease, Type-2 diabetes, cancer, cardiovascular and neurodegenerative diseases. Geographically all the operations of the group functioned through the region of the United States.

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Shares of SenesTech, Inc.  (NASDAQ: SNES) shares moved lower during Tuesday’s session after the company reported pricing of $5.0 million public offering.

Why SenesTech Shares Are Trading Lower By Around 50%? Here Are Other Stocks Moving In Tuesday&#39;s Mid-Day Session

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Shares of  SpringWorks Therapeutics, Inc. (NASDAQ: SWTX) surged in pre-market trading after the company reported the FDA approval of OGSIVEO (nirogacestat) as the first and only treatment for adults with desmoid tumors.

SpringWorks Therapeutics shares rose 14.4% to $23.77 in pre-market trading

Why SpringWorks Shares Are Trading Higher By Around 14%; Here Are 20 Stocks Moving Premarket

CohBar Inc (NASDAQ: CWBR) shares are trading lower by 47% to $0.92 Wednesday afternoon.

Why CohBar (CWBR) Stock Is Down Nearly 50% Today

CohBar Inc

Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) shares are trading higher Wednesday as investors react to AI, virtual reality (VR) and augmented reality (AR) announcements made during the company&#8217;s <a href="https://www.benzinga.com/news/24/09/41032461/meta-unveils-new-ai-features-quest-3s-llama-3-2-holographic-orion-glasses-at-connect-2024-we-are-get">&#8216;Meta Connect 2024&#8217; event. </a>
What To Know: Key highlights from the event include the unveiling of Meta&#8217;s Quest 3S, a mixed-reality headset priced at $299, which will start shipping on October 15 2024. The company also revealed updates to its Ray-Ban Meta smart glasses, now featuring AI-driven tools like reminders, QR code scanning and future capabilities such as live translation between multiple languages. 
Additionally, Meta introduced its &#8216;Orion&#8217; AR glasses, a prototype product that runs its Meta AI assistant, which will soon be tested by select audiences.
Meta's push toward AI continues to gain momentum, with the company announcing that its Meta AI chatbot is used by more than 400 million people monthly. Meta also plans to expand its AI tools for businesses, particularly those using click-to-message ads on Messenger and WhatsApp. Furthermore, the company is enhancing its generative AI ad tools and released the Llama 3.2 AI models, capable of understanding both text and images.
META price Action: Meta shares were up by 1.42% at $571.36 according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1722883001180099"><img loading="lazy" decoding="async" width="1024" height="580" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25143059/META-1-1024x580.png" alt="" class="wp-image-566263" style="width:418px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25143059/META-1-1024x580.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25143059/META-1-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25143059/META-1-768x435.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/25143059/META-1.png 1075w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Image Via Shutterstock.

Why Meta Shares Are Trading Higher Today

Palworld, the open-world crafting game often described as "Pokémon with guns", surprise-launched on the PlayStation 5 on Sept. 24, following Sony Group Corp.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) <a href="https://www.benzinga.com/general/gaming/24/09/41030256/playstation-plus-october-lineup-revealed-wwe-2k24-dead-space-more">State of Play broadcast. </a>
Gamers from 68 countries eagerly downloaded the long-awaited release, but fans in Japan were left in the dark. Despite the global excitement, Japanese players found themselves unable to access the game.
See Also: <a href="https://www.benzinga.com/general/gaming/24/09/40962380/nintendos-killer-patent-could-crush-palworlds-monster-catching-gameplay-expert-warns">Nintendo&#8217;s &#8216;Killer Patent&#8217; Could Crush Palworld&#8217;s Monster-Catching Gameplay, Expert Warns</a>
<h3 class="wp-block-heading">Palworld PS5 Block In Japan</h3>
Pocketpair, the Japanese developer behind Palworld, took to X (formerly Twitter) to address the situation. The official Japanese Palworld account confirmed that the PS5 release in Japan "has not yet been decided," offering no further explanation for the delay. 
&#8220;We apologize to everyone in Japan who was looking forward to it, but all of our staff will do our best to deliver it to PS5 users as soon as possible, so we hope you will wait for a little longer. We look forward to your continued support of Palworld.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">＜PS5版『Palworld / パルワールド』について＞ PlayStation公式『State of Play』にて発表があった通り、PS5版『Palworld / パルワールド』が本日、全世界68の国と地域で発売されました。… <a href="https://t.co/BNzS18XBYK">https://t.co/BNzS18XBYK</a>
&mdash; パルワールド/Palworld 公式 (@Palworld_JP) <a href="https://twitter.com/Palworld_JP/status/1838716479136763971?ref_src=twsrc%5Etfw">September 24, 2024</a></blockquote>
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The developer stopped short of specifying the reason behind the delay. But many suspect it is linked to a recent lawsuit filed by Nintendo ADR (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTDOY#OTC">NTDOY</a>) and The Pokémon Company against Pocketpair. The case, which was filed in the Tokyo District Court, accuses the developer of infringing on Pokémon-related patents.
<h3 class="wp-block-heading">The Legal Battle: Pokémon Vs. Palworld</h3>
Industry insiders believe that the legal dispute centers around a "killer patent" tied to the mechanics of catching creatures—a key gameplay feature in both Pokémon and Palworld. 
In Palworld, players can capture creatures using a ball-like object called a Pal Sphere, a concept that is strikingly similar to the capturing mechanic seen in Pokémon Legends: Arceus.
Pocketpair responded to the lawsuit with a public statement, claiming they were unaware of the specific patents they allegedly infringed upon. 
For now, Palworld remains available on all previously supported platforms, including Xbox and PC via Steam. The game is also still part of Microsoft&#8217;s Game Pass subscription service. 
Read Next:
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</ul>
Image credits: Shutterstock.

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Palworld Launches On PS5, But Why Can't Japan Play?

<a href="https://x.com/miramurati/status/1839025700009030027" title="https://x.com/miramurati/status/1839025700009030027">https://x.com/miramurati/status/1839025700009030027</a>

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FDA Approves Osimertinib For Locally Advanced, Unresectable Stage III Non-Small Cell Lung Cancer After Chemoradiation Therapy; Recommended Dose Is 80mg Daily Until Disease Progression Or Unacceptable Toxicity

Kevin Merritt, the research director at Wedbush Securities,<a href="https://www.benzinga.com/premarket-prep"> joined Benzinga's PreMarket Prep Wednesday </a>and highlighted the firm's top bank picks, opportunities in beaten-down names and more. Merritt also spoke about the adoption of AI, and which companies will benefit from the technology in the medium to long term. Merritt pointed out that despite the rally in large-cap techs largely driven by AI, it's a "mixed bag" in regards to which companies are the winners and losers of machine learning. 
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<iframe loading="lazy" title="Slow And Steady &#x7C; PreMarket Prep" width="500" height="281" src="https://www.youtube.com/embed/qvFe8gmisfo?start=1782&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
"I do think there's going to be a fairly heated debate about who else benefits or loses… IT services right now is quite a mixed bag," Merritt said. "The likes of Accenture has had some tough quarters over the last year… quite a bit of debate about cannibalization vs opportunity." Merritt highlighted Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>) as a company that has already capitalized on AI growth, while others, like Accenture Plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>), are expected to take longer to realize revenue gains from AI adoption. But, Merritt said that as more corporations adopt AI, IT and tech consulting companies like Accenture should benefit in the long term. Read Also: <a href="https://www.benzinga.com/general/entertainment/24/09/41024168/bill-gates-uses-chatgpt-daily-microsoft-founder-shares-what-he-loves-most-about-ai-chatbot">Bill Gates Uses ChatGPT Daily: Microsoft Founder Shares What He Loves Most About AI Chatbot</a> Outside of tech and AI, Merritt pointed to the regional banking sector as one to watch. He said that Wedbush has recently become more bullish on the sector as economic conditions stabilize as the Fed cuts interest rates. "We have been quite cautious on the regional and mid-cap bank group for the past couple of years and we just recently in the past couple of months turned to a more balanced, neutral sector view,&#8221; Merritt said. &#8220;And the thought being that to the extent the economy is able to hang in there, credit metrics don't exhibit too much deterioration, and you see rates move in a more favorable direction, it's appropriate to have a more balanced stance." Merritt highlighted Western Alliance Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>) as a name that Wedbush analysts recently selected for the firm's "Best Ideas" list. Merritt also mentioned Comerica Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMA#NYSE">CMA</a>) as a regional bank that Wedbush upgraded. Keep Reading: <a href="https://www.benzinga.com/markets/equities/24/08/40581306/can-regional-banks-outperform-large-institutions-as-fed-rate-cuts-loom-small-banks-are-plenty-ch">Can Regional Banks Outperform Large Institutions As Fed Rate Cuts Loom? &#8216;Small Banks Are Plenty Cheap,&#8217; But… </a> Merritt and the PreMarket Prep hosts also talked about some beaten-down retail investor favorites like Starbucks Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) and Celsius Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>). Merritt said that he believes newly-appointed Starbucks CEO Brian Niccol will have a &#8220;heavy lift&#8221; to turn the story around, but that there could be "strategic value" in Celsius's stock. 
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Image created using artificial intelligence via Midjourney.

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AI's Uneven Growth, Regional Bank Picks, And Beaten-Down Retail Stocks In Focus As Wedbush Analyst Shares Insights

In the current session, the stock is trading at $171.16, after a 0.36% increase. Over the past month, AMETEK Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AME#NYSE">AME</a>) stock increased by 1.61%, and in the past year, by 15.10%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1727292649_0.png" alt="Past Year Chart" />

<h3>Comparing AMETEK P/E Against Its Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of the 39.68 in the Electrical Equipment industry, AMETEK Inc. has a lower P/E ratio of 29.71. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1727292649_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

P/E Ratio Insights for AMETEK

Manhattan Associates (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MANH#NASDAQ">MANH</a>) has outperformed the market over the past 15 years by 18.87% on an annualized basis producing an average annual return of 30.89%. Currently, Manhattan Associates has a market capitalization of $17.52 billion. 
Buying $100 In MANH: If an investor had bought $100 of MANH stock 15 years ago, it would be worth $5,582.18 today based on a price of $286.00 for MANH at the time of writing.
<h3>Manhattan Associates's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727292635_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

MANH

$100 Invested In Manhattan Associates 15 Years Ago Would Be Worth This Much Today

Home Depot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>) has outperformed the market over the past 20 years by 3.83% on an annualized basis producing an average annual return of 12.22%. Currently, Home Depot has a market capitalization of $398.70 billion. 
Buying $100 In HD: If an investor had bought $100 of HD stock 20 years ago, it would be worth $1,013.02 today based on a price of $401.39 for HD at the time of writing.
<h3>Home Depot's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727292631_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,000 Today

We&#8217;ve all heard about the traditional guideline of spending three months&#8217; pay for an engagement ring. However, this guideline seems no longer relevant, as 61% of respondents to a recent survey believe it is outdated, particularly in light of the current economy.&nbsp;
The idea of spending three months&#8217; salary on an engagement ring started in the 1930s as part of a smart marketing campaign by De Beers, a diamond company trying to increase sales during the Great Depression.
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De Beers suggested a man should spend at least one month's salary on a ring and over the decades, this grew to two, then three months, which meant people were<a href="https://www.benzinga.com/personal-finance/24/09/40818847/caller-asks-should-i-sell-my-truck-to-buy-an-engagement-ring-dave-ramsey-recommends-about-one-mo"> spending more money in their jewelry stores</a>.
But in today's world, with rising living costs, student loans and the need to save for things like buying a home or starting a family, spending thousands of dollars on a single piece of jewelry feels like a luxury many can't or simply won&#8217;t afford.
<hr class="wp-block-separator has-alpha-channel-opacity" />
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According to a new Bank of America survey, Gen Z (54%) is more inclined than millennials (47%), Gen X (36%) and baby boomers (28%) to believe this guideline is still a solid rule.
While the idea of splurging on a ring is still popular in movies and pop culture, most people are more conservative with their spending. Recent data shows that half people spend between $1,000 and $4,000 and many spend even less. Nine percent of people spend under $1,000 on a ring. The national average is $6,000.
<hr class="wp-block-separator has-alpha-channel-opacity" />
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<hr class="wp-block-separator has-alpha-channel-opacity" />
So, what are people doing? They're focusing on their budget and <a href="https://www.benzinga.com/real-estate/24/04/38490644/warren-buffett-tried-convincing-bill-gates-to-pay-nearly-400-million-for-an-engagement-ring-the-marr">what makes sense for them</a>. There's no need to go into debt for a ring to meet outdated expectations.
More and more couples are skipping the old &#8220;one-size-fits-all&#8221; approach and <a href="https://www.benzinga.com/money/how-much-should-i-spend-on-an-engagement-ring">picking rings that match their style and budget</a>. Some choose smaller diamonds, lab-grown options or unique stones like sapphires or rubies. Others are even rethinking the whole idea and deciding to use that money for other important things.
<hr class="wp-block-separator has-alpha-channel-opacity" />
Trending: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends<a href="https://www.benzinga.com/money/arrived-private-credit-fund"> would you invest in it</a>?
<hr class="wp-block-separator has-alpha-channel-opacity" />
For example, lab-grown diamonds are becoming increasingly popular because they can look just as beautiful and cost between 50 and 70 percent less than natural diamonds. They&#8217;re also frequently seen as a more ethical and environmentally friendly choice.
Although an engagement ring symbolizes love and commitment, buying one shouldn&#8217;t be financially taxing or stressful in the long run.
Instead of worrying about meeting some arbitrary standard, talk to your partner and agree on a budget that works for both of you. Whether that's a few hundred dollars or several thousand, what's important is that it reflects your relationship and what you value.
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Personal Finance

61% Think Spending 'Three Months' Salary' On An Engagement Ring Is Unreasonable – 'Not In This Economy!'

Two popular U.S. stock market exchange-traded funds hit<a href="https://www.benzinga.com/markets/equities/24/09/41029448/s-p-500-hits-all-time-highs-nasdaq-100-tops-20k-ahead-of-key-economic-data-whats-driving-markets"> all-time highs </a>Wednesday as the S&amp;P 500 Index reached its highest level ever.
The Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>), which tracks the performance of the S&amp;P 500 Index and therefore consists of about 500 large-cap stocks, reached $527.23 just after 10 a.m. ET before cooling off to $524.96 into Wednesday&#8217;s mid-afternoon trading.
The Vanguard Total Stock Market Index Fund ETF Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTI#NYSE">VTI</a>), which follows the CRSP US Total Market Index of about stocks, also hit a high point on Wednesday, achieving $283.12 shortly after Wednesday&#8217;s open before declining to $281.85 by mid-afternoon.
Read Also: <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/09/40960886/palantir-dell-to-join-s-p-500-friday-heres-how-tesla-stock-has-performed-since-its-add">Palantir, Dell To Join S&amp;P 500 Friday: Here&#8217;s How Tesla Stock Has Performed Since Its Addition In 2020</a>
<h3 class="wp-block-heading">S&amp;P 500</h3>
The S&amp;P 500 hit an all-time high of 5,471.03 in Wednesday&#8217;s early-morning trading. It has since fallen to 5,721.50 by mid-afternoon Wednesday.
Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) is the top gainer in the S&amp;P, rising 6.59% to $119.91 into the mid-afternoon. Hewlett Packard Enterprise Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) followed, gaining 4.63% to $19.75.
The tech-heavy Nasdaq Composite Index slipped 0.03% to 18,069.36, while the Nasdaq Composite Index edged up 0.05% to 19,954.31.
The Dow Jones Industrial Average fell 0.66% to 41,928.02 by Wednesday&#8217;s mid-afternoon.
Price Action: Exchange-traded funds that hold Vistra and Hewlett Packard, which led the S&amp;P to a new high, 
Vistra ETFs
<ul>
<li>Virtus Reaves Utilities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UTES#NYSE">UTES</a>) rose 1.19%</li>
<li>BNY Mellon Global Infrastructure Income ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/BKGI#BATS">BKGI</a>) gained 0.09%</li>
<li>TCW Transform Systems ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NETZ#NYSE">NETZ</a>) went up 0.13%</li>
</ul>
Hewlett Packard ETFs
<ul>
<li>First Trust S&amp;P 500 Diversified Free Cash Flow ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCFY#NYSE">FCFY</a>) gained 0.21%</li>
<li>Roundhill Generative AI &amp; Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHAT#NYSE">CHAT</a>) went up 0.57%</li>
<li>FT Raymond James Multicap Growth Equity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJMG#NYSE">RJMG</a>) rose 0.53%</li>
</ul>
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VOO Vs. VTI: Vanguard's S&P 500, Total Stock Market ETFs Hit New Highs As S&P 500 Reaches Record Level

Sallie Mae Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) stock is trading higher on Wednesday. Bank of America Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) initiated coverage of the student loan provider with a Buy rating and set a <a href="https://www.benzinga.com/insights/analyst-ratings/24/09/41012042/demystifying-slm-insights-from-7-analyst-reviews">price target of $27</a>.
The Details: Sallie Mae currently holds a 58% market share in private student loans, however, the bank indicates there&#8217;s room for growth, describing the lender as &#8220;poised for market share gains.&#8221;
Bank of America points to growth in college enrollment, increase in the price of college and competitors leaving the student loan market to support its market share growth belief. Specifically, the bank stated that college enrollment is estimated to grow by about 4% by 2027 and the cost of college has increased at a 3% compound annual growth rate since 1993-94.
The bank pointed to the past as evidence of Sallie Mae&#8217;s ability to take advantage of competitors exit from the market. For instance, the lender increased its market share by 60pbs during the 2021-22 school year following Wells Fargo&#8217;s exit.
Also, the bank highlighted the lender&#8217;s focus on high credit-quality consumers. It stated that less than 8% of borrowers at the time of originations had a credit score lower than 670. Next, the note recognized the lender&#8217;s efficient business model.
&#8220;Sallie Mae began a strategy in 2020 in which it seeks to minimize balance sheet growth and accelerate share repurchases by selling student loans at high execution levels due to its strong credit profile. Through the &#8220;loan sale arbitrage&#8221; strategy, SLM has driven attractive returns, while not needing to expand capital levels to sustain its industry leading origination volumes,&#8221; said the bank.
Bank of America also recognized some risks to its thesis including, scrutiny by oversight organizations like the Consumer Financial Protection Bureau and a growing number of students choosing to consolidate or refinance with firms that offer interest rates lower than Sallie Mae&#8217;s.
Related Link: <a href="https://www.benzinga.com/news/24/09/40971831/putin-ally-who-unveiled-tesla-cybertruck-with-machine-gun-last-month-now-says-elon-musk-remotely-dis?itm_source=parsely-api">Putin Ally Who Unveiled Tesla Cybertruck With Machine Gun Last Month Now Says Elon Musk &#8216;Remotely Disabled&#8217; The Militarized EV</a>
SLM Price Action: At the time of writing, Sallie Mae shares are trading 1.90% higher at $21.94, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Photo via Shutterstock

What's Going On With Sallie Mae Stock Wednesday?

Riot Platforms, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/riot#NASDAQ">RIOT</a>) has experienced a 52.7% decline in its stock year to date, a sharp contrast to the 25.1% growth seen in its industry and the 19.6% increase in the Zacks S&amp;P 500 composite.
This downturn mirrors the performance of other cryptocurrency-focused stocks, such as Cipher Mining (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cifr#NASDAQ">CIFR</a>), down 27.6%, and Marathon Digital (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mara#NASDAQ">MARA</a>), which has fallen 31.6% during the same period.
<h2>Year-to-Date Price Performance</h2>
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/fb/79026.jpg?v=770011763" style="height:310px; width:600px" />
Image Source: Zacks Investment Research
The stock recently closed at $7.33, hovering near its 52-week low of $6.36, and is trading below its 50-day moving average, reflecting bearish investor sentiment.
With RIOT shares continuing to show weakness, investors may be considering whether now is the right time to buy. Let&#39;s explore further.
<h2>RIOT&#39;s Post-Halving Obstacles and Financial Difficulties</h2>
One of the primary reasons for RIOT&#39;s downward trajectory is the Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)&nbsp;halving event, which has significantly increased operational challenges for miners, including Riot. The halving means that each ASIC miner now needs to work double as hard to mine the same amount of Bitcoin, but the anticipated price increase for Bitcoin has not occurred to balance this increased difficulty. Riot&#39;s Bitcoin production decreased 13% sequentially in August 2024, highlighting the operational inefficiencies and increased challenges the company faces due to the halving.
The drop in production underscores the broader issues Riot is grappling with in its mining operations. In the second quarter of 2024, the company mined 844 Bitcoins, a 52% decrease year over year. This decline is primarily attributed to a significant increase in the Bitcoin network difficulty since January 2023. These operational challenges have put the company in a risky financial position, potentially leading to further share dilution as it seeks funding, which would result in additional losses for shareholders.
<h2>RIOT&#39;s Declining Estimates</h2>
Four estimates for 2024 moved south over the past 60 days versus no northward revisions. Over the same period, the Zacks Consensus Estimate for 2024 earnings has declined 75.9%. This indicates a lack of confidence among analysts in the company&#39;s ability to improve its financial performance soon.
<h2>Entry Into the Stock Seems Risky</h2>
While some investors may be tempted to buy at these low levels, the company&#39;s current operational struggles, coupled with analysts&#39; downward revisions for 2024 earnings estimates, signal uncertainty.
Given RIOT&#39;s steep decline year to date and its significant challenges following the Bitcoin halving, a &quot;Hold&quot; recommendation seems appropriate at this time. The post-halving environment has made mining more difficult, and RIOT&#39;s Bitcoin production dropped in August 2024, further reflecting operational inefficiencies. Additionally, with a sharp decrease in Bitcoin mined in the second quarter of 2024 and a notable rise in Bitcoin network difficulty, the company faces heightened financial risks.
Investors should adopt a wait-and-watch approach to assess whether Riot can overcome its post-halving challenges before making further investment decisions.
RIOT currently carries a Zacks Rank #3 (Hold).
<a href="https://www.zacks.com/stock/news/2340762/riot-platforms-stock-plummets-53-ytd-right-time-to-buy?cid=CS-BENZ-FT-analyst_blog|rank_focused-2340762">To read this article on Zacks.com click here.</a>

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Shares of oil and gas companies are trading lower, possibly as the sector pulls back after rallying on Tuesday due to China stimulus efforts and Middle East tension. Also, a report suggests that rival factions in Libya have resumed talks.

Lockheed Martin Corporation&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lmt#NYSE">LMT</a>) unit, Sikorsky Aircraft, recently secured an $84.3 million contract to supply eight gearbox assemblies for the CH-53K helicopters. The work will be carried out in Stratford, CT, and is set to be completed by December 2028.
The contract will serve the U.S. Navy and Israel military. The award has been provided by the Naval Supply Systems Command Weapon Systems Support, Philadelphia, PA.
<h2>What&#39;s Favoring LMT Stock?</h2>
With countries worldwide enhancing their defense capabilities, spending on advanced military arms and ammunition has been rapidly increasing. This also includes growing investments in military helicopters, which are crucial for air warfare missions. Lockheed, as a prominent manufacturer of combat helicopters, has been witnessing a steady flow of orders from the Pentagon and other U.S. allies. The latest contract win is an example of that.
LMT&#39;s CH-53K King Stallion is designed for modern combat and shipboard operations, being intelligent, reliable, low-maintenance and highly survivable in harsh environments. With more than 1,200 test flight hours, the helicopter achieved several milestones in 2018, including operating at high altitudes, extreme temperatures and low visibility.
These capabilities are likely to have driven this rotorcraft&#39;s demand in recent times and are expected to lead to more contract awards for Lockheed Martin in the days ahead. Such order flows, including the latest one, are expected to boost the company&#39;s revenues, thereby solidifying its position as a leading defense contractor in military aviation.
<h2>Growth Prospects for LMT Stock</h2>
Rising military conflicts, terrorism and border disputes, along with rapid technological advancements in military helicopters, have led nations to increase their defense spending, with combat-proven helicopters constituting an integral part of a nation&#39;s defense structure.
This is likely to have prompted Mordor Intelligence to forecast a compound annual growth rate of more than 2.9% for the military helicopter market during the 2024-2030 time period.
Such solid market prospects offer growth opportunities for Lockheed Martin. Notably, its portfolio includes well-established helicopters like the Black Hawk, MH-60R Seahawk and CH-148 Cyclone, in addition to the CH-53K King Stallion.
<h2>Opportunities for LMT&#39;s Peers</h2>
Some other defense companies that are expected to enjoy the perks of the expanding military helicopter market have been discussed below.
The Boeing Company: Its military rotorcraft serves the U.S. Army, Navy, Marines and Air Force and allied defense forces in more than 20 countries across the globe. Boeing&#39;s Defense, Space &amp; Security segment produces rotorcraft and rotary-wing programs, such as H-47 Chinook, AH-64 Apache, AH-6 Little Bird and V-22 Osprey.
The company has a long-term (three to five years) earnings growth rate of 21.3%.&nbsp; The Zacks Consensus Estimate for BA&#39;s 2025 sales indicates year-over-year growth of 21.7%.
Northrop Grumman Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/noc#NYSE">NOC</a>): Its Fire Scout is a combat-proven, autonomous helicopter system providing real-time intelligence, surveillance, reconnaissance and target-acquisition, laser designation and battle management to tactical users without relying on manned aircraft or space-based assets. NOC also provides avionics systems, mission equipment and support for military helicopters, including upgrades and modifications.
The company&#39;s long-term earnings growth rate is 8.7%. The Zacks Consensus Estimate for NOC&#39;s 2024 sales indicates year-over-year growth of 5.4%.
Textron (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/txt#NYSE">TXT</a>):&nbsp; Its Bell business segment supplies advanced military helicopters and provides parts and support services to the U.S. Government and military customers outside the United States. Its primary combat helicopters include H-1, Bell 412, Bell AH-1Z, Bell 407 and a few more rotorcraft.
TXT boasts a long-term earnings growth rate of 10.1%. The consensus estimate for TXT&#39;s 2024 sales indicates year-over-year growth of 5.5%.
<h2>LMT Stock&#39;s Price Movement</h2>
Shares of LMT have gained 24.7% in the past three months compared with the industry&#39;s 8.2% growth.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/68/79022.jpg?v=1096845495" />
Image Source: Zacks Investment Research
<h2>LMT&#39;s Zacks Rank</h2>
LMT currently carries a Zacks Rank #2 (Buy).
<a href="https://www.zacks.com/stock/news/2340764/lockheed-martin-s-unit-secures-contract-for-ch-53k-gearbox-assemblies?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2340764">To read this article on Zacks.com click here.</a>

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Lockheed Martin's Unit Secures Contract for CH-53K Gearbox Assemblies

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In the current session, the stock is trading at $276.00, after a 1.04% increase. Over the past month, Burlington Stores Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) stock increased by 0.80%, and in the past year, by 104.89%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1727291720_0.png" alt="Past Year Chart" />

<h3>Burlington Stores P/E Compared to Competitors</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Burlington Stores has a better P/E ratio of 41.26 than the aggregate P/E ratio of 19.74 of the Specialty Retail industry. Ideally, one might believe that Burlington Stores Inc. might perform better in the future than it's industry group, but it's probable that the stock is overvalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1727291720_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

BURL

A Look Into Burlington Stores Inc's Price Over Earnings

On Wednesday, Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) expanded its paid sharing program to offer users ways to enjoy their <a target="_blank" href="https://www.benzinga.com/news/24/08/40416476/disney-park-prices-skyrocket-new-attractions-promise-more-value" rel="noreferrer noopener">Disney+ subscription with a family member or friend.</a>
The shares are trading <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">marginally higher on Wednesday.</a>
&#8220;These features and capabilities are now available in the United States, Canada, Costa Rica, Guatemala, Europe, and the Asia-Pacific region after launching in select markets over the summer,&#8221; the company said in a <a target="_blank" href="https://thewaltdisneycompany.com/paid-sharing-disney-explainer/#:~:text=This%20week%2C%20Disney%2B%20expanded%20its,of%20devices%20within%20a%20household." rel="noreferrer noopener">blog</a> post.
Per the latest development, account holders who want to add someone outside of their Household to their Disney+ subscription will be able to do so with the Extra Member add-on.
In the U.S., an &#8216;Extra Member profile&#8217; will cost an additional $6.99 per month for Disney+ Basic subscriptions and $9.99 per month for Disney+ Premium subscriptions.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, DIS stock has gained over 16% in the past year. Investors can gain exposure to the stock via&nbsp;Invesco S&amp;P 500 Equal Weight Communication Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSPC#NYSE">RSPC</a>) and&nbsp;ALPS Global Travel Beneficiaries ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JRNY#NYSE">JRNY</a>).
Also Read: <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/09/40963557/disney-animation-shakes-things-up-jared-bush-becomes-chief-creative-officer-jennifer-lee-st" rel="noreferrer noopener">Disney Animation Shakes Things Up: Jared Bush Becomes Chief Creative Officer, Jennifer Lee Steps Back To Prepare For Frozen Sequels</a>
Earlier this year, CEO Bob Iger revealed that the Mouse House will start its password-sharing crackdown. The anti-password sharing rules were first enforced for new Disney Plus subscribers on January 25 <a href="https://www.benzinga.com/general/entertainment/24/04/38111752/disneys-netflix-like-password-sharing-crackdown-begins-this-june-as-bob-iger-tries-to-incre" target="_blank" rel="noreferrer noopener">and later extended to existing members on March 14.</a>
Recently, the company appointed Academy Award-winning filmmaker Jared Bush as Chief Creative Officer (CCO) of Walt <a href="https://www.benzinga.com/news/24/08/40416476/disney-park-prices-skyrocket-new-attractions-promise-more-value" target="_blank" rel="noreferrer noopener">Disney Animation Studios, effective immediately.</a>
Jennifer Lee will step back from her role to focus on filmmaking full-time and oversee the Frozen franchise for the studio, the company&nbsp;<a target="_blank" href="https://thewaltdisneycompany.com/jared-bush-walt-disney-animation-studios/" rel="noreferrer noopener">said</a> in a press release.
As Chief Creative Officer, Bush will manage the creative output of the renowned animation studio, encompassing its films, series, and related projects.
Price Action: DIS shares are trading higher by 0.19% to $93.87 at last check Wednesday.
Photo via Shutterstock
Read Next:
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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
We&rsquo;re closing out the trading week with a breakdown of the biggest pre-market stock movers for Friday morning!



Moving stocks this morning are loads of earnings reports for the third quarter of 2023.



Let&rsquo;s get into this news down below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Tracon Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/tcon-stock-quote/">TCON</a>) stock is rocketing more than 95% with the <a href="https://www.nasdaq.com/press-release/tracon-pharmaceuticals-reports-third-quarter-2023-financial-results-and-provides">release of its latest earnings report</a>.</li>



<li>Marpai (NASDAQ:<a href="https://investorplace.com/stock-quotes/mrai-stock-quote/">MRAI</a>) shares are soaring close to 77% after announcing <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317855125&amp;type=PDF&amp;symbol=MRAI&amp;cdn=6296924a1096772cc96672e920466918&amp;companyName=Marpai+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2023-11-09">changes to its leadership team</a>.</li>



<li>Intelligent Bio Solutions (NASDAQ:<a href="https://investorplace.com/stock-quotes/inbs-stock-quote/">INBS</a>) stock is surging over 45% as it <a href="https://investorplace.com/2023/11/why-is-intelligent-bio-solutions-inbs-stock-up-56-today/">builds on yesterday&rsquo;s rally</a>.</li>



<li>Direct Digital (NASDAQ:<a href="https://investorplace.com/stock-quotes/drct-stock-quote/">DRCT</a>) shares are increasing more than 33% after <a href="https://www.prnewswire.com/news-releases/direct-digital-holdings-reports-third-quarter-2023-financial-results-301983927.html">releasing its Q3 earnings report</a>.</li>



<li>Invo Bioscience (NASDAQ:<a href="https://investorplace.com/stock-quotes/invo-stock-quote/">INVO</a>) stock is rising nearly 31% after <a href="https://www.nasdaq.com/press-release/invo-bioscience-announces-commencement-of-waiver-solicitation-from-holders-of-the">announcing a waiver</a> from holders of warrants for the company&rsquo;s common stock. </li>



<li>CohBar (NASDAQ:<a href="https://investorplace.com/stock-quotes/cwbr-stock-quote/">CWBR</a>) shares are gaining over 26% without any clear news this morning.</li>



<li>Avita Medical (NASDAQ:<a href="https://investorplace.com/stock-quotes/rcel-stock-quote/">RCEL</a>) stock is heading more than 26% higher with <a href="https://www.marketwatch.com/story/avita-medical-shares-rise-after-strong-3q-750d6d6d">strong Q3 earnings results</a>.</li>



<li>Doximity (NYSE:<a href="https://investorplace.com/stock-quotes/docs-stock-quote/">DOCS</a>) shares are climbing almost 22% alongside its <a href="https://seekingalpha.com/news/4034415-doximity-non-gaap-eps-of-0_22-beats-0_04-revenue-of-113_61m-beats-4_52m?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain">most recent earnings report</a>.</li>



<li>ESGL Holdings (NASDAQ:<a href="https://investorplace.com/stock-quotes/esgl-stock-quote/">ESGL</a>) stock is jumping over 20% on Friday morning.</li>



<li>Marin Software (NASDAQ:<a href="https://investorplace.com/stock-quotes/mrin-stock-quote/">MRIN</a>) shares are up more than 19% despite a lack of news today.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Groupon (NASDAQ:<a href="https://investorplace.com/stock-quotes/grpn-stock-quote/">GRPN</a>) stock is crashing over 33% after releasing its <a href="https://finance.yahoo.com/news/groupon-reports-third-quarter-2023-210500583.html">Q3 2023 earnings report</a>.</li>



<li>Plug Power (NASDAQ:<a href="https://investorplace.com/stock-quotes/plug-stock-quote/">PLUG</a>) shares are plummeting more than 31% after <a href="https://www.nasdaq.com/press-release/plug-power-announces-2023-third-quarter-results-2023-11-09">announcing its Q3 earnings results</a>.</li>



<li>Fortress Biotech (NASDAQ:<a href="https://investorplace.com/stock-quotes/fbio-stock-quote/">FBIO</a>) stock is diving close to 27% after <a href="https://www.marketwatch.com/story/fortress-biotech-shares-fall-premarket-on-public-offering-plans-a4652b7d">announcing public offering plans</a>.</li>



<li>Trade Desk (NASDAQ:<a href="https://investorplace.com/stock-quotes/ttd-stock-quote/">TTD</a>) shares are taking an over 26% beating after <a href="https://www.cnbc.com/2023/11/09/tradedesk-ttd-q3-earnings.html">announcing a weak guidance</a>.</li>



<li>2U (NASDAQ:<a href="https://investorplace.com/stock-quotes/twou-stock-quote/">TWOU</a>) stock is tumbling more than 26% on a <a href="https://www.marketwatch.com/story/2u-shares-drop-27-after-wider-than-expected-3q-loss-732117ab?mod=newsviewer_click">wider-than-expected Q3 loss</a>.</li>



<li>Aptevo Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/apvo-stock-quote/">APVO</a>) shares are sliding over 21% after entering into a <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317856608&amp;type=PDF&amp;symbol=APVO&amp;cdn=5d4c8fdc18063cd1fe4bc4c18bca6575&amp;companyName=Aptevo+Therapeutics+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2023-11-09">warrant inductment agreement</a>.</li>



<li>Biolase (NASDAQ:<a href="https://investorplace.com/stock-quotes/biol-stock-quote/">BIOL</a>) stock is dropping more than 20% as <a href="https://finance.yahoo.com/news/biolase-reports-third-quarter-financial-210500914.html">Q3 earnings fail to impress investors</a>.</li>



<li>Near Intelligence (NASDAQ:<a href="https://investorplace.com/stock-quotes/nir-stock-quote/">NIR</a>) shares are falling over 20% after <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317855914&amp;type=PDF&amp;symbol=NIR&amp;cdn=d14564811d9e7167935372ad71382f9f&amp;companyName=Near+Intelligence+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2023-11-09">getting a delisting notice</a>. </li>



<li>Westrock Coffee (NASDAQ:<a href="https://investorplace.com/stock-quotes/west-stock-quote/">WEST</a>) stock is decreasing more than 19% on <a href="https://www.marketwatch.com/story/westrock-coffee-shares-slide-premarket-after-3q-miss-817d1955">weak Q3 earnings results</a>.</li>



<li>Vuzix (NASDAQ:<a href="https://investorplace.com/stock-quotes/vuzi-stock-quote/">VUZI</a>) shares are down over 19% after <a href="https://seekingalpha.com/news/4034645-vuzix-down-13-q3-earnings-misses?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain%7Csection%3Aon-the-move">posting an earnings miss</a>.</li>
</ol>On the date of publication, William White&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	</div>The post <a href="https://investorplace.com/2023/11/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-friday-nov-10th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
It&rsquo;s time to dive into the biggest pre-market stock movers for Tuesday morning with all of the latest news today!



Moving stocks this morning are insider buying, new contracts earnings and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>RiskOn International (NASDAQ:<a href="https://investorplace.com/stock-quotes/roi-stock-quote/">ROI</a>) stock is rocketing 78% higher <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317891121&amp;type=PDF&amp;symbol=ROI&amp;cdn=5925cf74b917b69dd95743a20ce75a92&amp;companyName=RiskOn+International+Inc.&amp;formType=4&amp;formDescription=Statement+of+changes+in+beneficial+ownership+of+securities&amp;dateFiled=2023-11-27">alongside insider buying</a>.</li>



<li>ESGL Holdings (NASDAQ:<a href="https://investorplace.com/stock-quotes/esgl-stock-quote/">ESGL</a>) shares are soaring more than 63% after announcing a <a href="https://www.globenewswire.com/news-release/2023/11/27/2786514/0/en/ESGL-Holdings-Limited-NASDAQ-ESGL-Announces-Multi-Year-Contract-Renewal-with-Singapore-Refining-Company-Private-Limited.html">new multi-year contract</a>.</li>



<li>Saverone 2014 (NASDAQ:<a href="https://investorplace.com/stock-quotes/svre-stock-quote/">SVRE</a>) stock is surging over 36% after <a href="https://www.nasdaq.com/press-release/saverone-announces-withdrawal-of-proposed-public-offering-2023-11-27">withdrawing a proposed public offering</a>.</li>



<li>Moleculin Biotech (NASDAQ:<a href="https://investorplace.com/stock-quotes/mbrx-stock-quote/">MBRX</a>) shares are rising more than 23% without any clear news this morning.</li>



<li>Redhill Biopharma (NASDAQ:<a href="https://investorplace.com/stock-quotes/rdhl-stock-quote/">RDHL</a>) stock is gaining 22% as it <a href="https://investorplace.com/2023/11/5-investors-betting-big-on-redhill-biopharma-rdhl-stock/">continues a rally from yesterday</a>.</li>



<li>UpHealth (NYSE:<a href="https://investorplace.com/stock-quotes/uph-stock-quote/">UPH</a>) shares are increasing over 21% following several <a href="https://www.nasdaq.com/market-activity/stocks/uph/sec-filings">stock ownership updates</a>.</li>



<li>Cyclacel Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/cycc-stock-quote/">CYCC</a>) stock is climbing more than 18% despite a lack of news today.</li>



<li>Avidity Biosciences (NASDAQ:<a href="https://investorplace.com/stock-quotes/rna-stock-quote/">RNA</a>) shares are jumping over 18% after announcing the <a href="https://www.nasdaq.com/press-release/avidity-biosciences-announces-expansion-of-cardiovascular-collaboration-with-bristol">expansion of a collaboration</a>.</li>



<li>Heart Test Laboratories (NASDAQ:<a href="https://investorplace.com/stock-quotes/hscs-stock-quote/">HSCS</a>) stock is getting a more than 18% boost after <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317891925&amp;type=PDF&amp;symbol=HSCS&amp;cdn=1a97b64de34913b45c71a4504730bf07&amp;companyName=Heart+Test+Laboratories+Inc.&amp;formType=8-K%2FA&amp;formDescription=%5BAmend%5DCurrent+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2023-11-28">regaining Nasdaq listing compliance</a>.</li>



<li>PDD Holdings (NASDAQ:<a href="https://investorplace.com/stock-quotes/pdd-stock-quote/">PDD</a>) shares are up over 16% alongside its <a href="https://www.nasdaq.com/press-release/pdd-holdings-announces-third-quarter-2023-unaudited-financial-results-2023-11-28">Q3 earnings report</a>.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Tharimmune (NASDAQ:<a href="https://investorplace.com/stock-quotes/thar-stock-quote/">THAR</a>) stock is crashing more than 65% after <a href="https://www.nasdaq.com/press-release/tharimmune-inc.-announces-pricing-of-%2410-million-public-offering-2023-11-27">pricing a public offering</a> of its shares.</li>



<li>SenesTech (NASDAQ:<a href="https://investorplace.com/stock-quotes/snes-stock-quote/">SNES</a>) shares are plummeting over 39% as it also <a href="https://finance.yahoo.com/news/senestech-inc-announces-pricing-5-233000711.html">prices a public share offering</a>.</li>



<li>CohBar (NASDAQ:<a href="https://investorplace.com/stock-quotes/cwbr-stock-quote/">CWBR</a>) stock is diving more than 36% alongside a <a href="https://www.nasdaq.com/press-release/cohbar-inc.%3a-notice-of-delisting-or-failure-to-satisfy-a-continued-listing-rule-or">delisting notice and transfer update</a>.</li>



<li>Next e GO (NASDAQ:<a href="https://investorplace.com/stock-quotes/egox-stock-quote/">EGOX</a>) shares are taking an over 19% beating without any apparent news to report.</li>



<li>MGO Global (NASDAQ:<a href="https://investorplace.com/stock-quotes/mgol-stock-quote/">MGOL</a>) stock is tumbling more than 14% on Tuesday morning.</li>



<li>Mobiquity Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/mobq-stock-quote/">MOBQ</a>) shares are sliding over 11% despite no recent news worth mentioning.</li>



<li>Argenx (NASDAQ:<a href="https://investorplace.com/stock-quotes/argx-stock-quote/">ARGX</a>) stock is dropping more than 10% after a <a href="https://www.marketwatch.com/story/argenx-shares-down-after-vyvgart-study-misses-primary-endpoint-33903909">study missed its primary endpoint</a>.</li>



<li>Mountain Crest Acquisition (NASDAQ:<a href="https://investorplace.com/stock-quotes/mcaf-stock-quote/">MCAF</a>) shares are falling over 10% on Tuesday.</li>



<li>Solid Power (NASDAQ:<a href="https://investorplace.com/stock-quotes/sldp-stock-quote/">SLDP</a>) stock is decreasing more than 9% today.</li>



<li>Micromobility com (NASDAQ:<a href="https://investorplace.com/stock-quotes/mcom-stock-quote/">MCOM</a>) shares close out our pre-market stock movers down over 9% as it <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=317890930&amp;type=PDF&amp;symbol=MCOM&amp;cdn=5744ce52b93c1d87f745951ead646a33&amp;companyName=micromobility.com+Inc.&amp;formType=424B2&amp;formDescription=Prospectus+%5BRule+424%28b%29%282%29%5D&amp;dateFiled=2023-11-27">offers 20 million shares</a>.</li>
</ol>On the date of publication, William White&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2023/11/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-tuesday-nov-28th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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