Direct Digital Holdings Azioni (NASDAQ: DRCT)

Ultime notizie per Direct Digital Holdings (NASDAQ:DRCT) Azioni

Direct Digital Holdings

Direct Digital Holdings Inc is an end-to-end, full-service programmatic advertising platform primarily focused on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and less efficient markets on both the buy-side and sell-side of the digital advertising ecosystem. The company operates two reportable segments: sell-side advertising, which includes the results of Colossus Media, and buy-side advertising, which includes the results of Orange 142 and Huddled Masses. All of the company's revenues are attributed to the United States.

Direct Digital Holdings, Inc. - Class A Common Stock

Direct Digital Holdings Inc

Direct Digital Holdings Inc Warrants (03/02/2027)

<p>Piper Sandler  analyst Edward Tenthoff   initiates coverage on Camp4 Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAMP#NASDAQ">CAMP</a>) with a Overweight rating and announces Price Target of $18.</p>


News

Price Target

Initiation

Analyst Ratings

CAMP

Piper Sandler Initiates Coverage On Camp4 Therapeutics with Overweight Rating, Announces Price Target of $18

<p>BitFuFu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUFU#NASDAQ">FUFU</a>) reported quarterly losses of $(0.03) per share. This is a 50 percent decrease over losses of $(0.02) per share from the same period last year.  The company reported $90.34 million in sales this quarter. This is a 47.57 percent increase over sales of $61.22 million the same period last year.</p>


Earnings

FUFU

BitFuFu Q3 EPS $(0.03) Down From $(0.02) YoY, Sales $90.34M Up From $61.22M YoY

<p>Shares of <strong>Palantir Technologies Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) rose sharply in today's pre-market trading after the company reported better-than-expected third-quarter financial results and issued guidance <a href="https://www.benzinga.com/news/earnings/24/11/41730179/palantir-q3-earnings-revenue-beat-eps-beat-customers-up-39-raises-guidance-results-driven-by-unrele">above consensus estimates</a>.</p>
<p>Revenue increased 5% year over year to $3.07 billion, beating the consensus of $3.05 billion. Adjusted EPS of 77 cents surpassed the street view of 68 cents.</p>
<p>Palantir Technologies shares rose 12.9% to $46.75 in the pre-market trading session.</p>
<p>Here are some other stocks moving in pre-market trading.</p>
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li><strong>Simpple Ltd</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPPL#NASDAQ">SPPL</a>) gained 69.5% to $2.00 in pre-market trading after jumping around 269% on Monday.</li>
<li><strong>Bionomics Limited</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNOX#NASDAQ">BNOX</a>) rose 67.6% to $0.3219 in pre-market trading. Bionomics received milestone payment of AUS$1 million from Carina Biotech for BNC101 partnered legacy oncology program.</li>
<li><strong>Avalon GloboCare Corp</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALBT#NASDAQ">ALBT</a>) shares surged 42.4% to $3.19 in pre-market trading after dipping 24% on Monday.</li>
<li><strong>QuinStreet, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QNST#NASDAQ">QNST</a>) climbed 29.8% to $26.22 in pre-market trading after the company posted upbeat quarterly results and raised its FY25 sales outlook.</li>
<li><strong>Astera Labs, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) gained 26.1% to $87.83 in pre-market trading after the company announced better-than-expected quarterly results.</li>
<li><strong>Zyversa Therapeutics Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZVSA#NASDAQ">ZVSA</a>) shares rose 15.3% to $2.10 in pre-market trading after falling 5% on Monday.</li>
<li><strong>Vimeo, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMEO#NASDAQ">VMEO</a>) gained 15.2% to $5.54 in pre-market trading after the company posted upbeat quarterly results.</li>
<li><strong>Kingsoft Cloud Holdings Limited</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KC#NASDAQ">KC</a>) gained 12.6% to $3.12 in pre-market trading.</li>
<li><strong>Alarum Technologies Ltd &#8211; ADR</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAR#NASDAQ">ALAR</a>) gained 16.6% to $14.39 in pre-market trading.</li>
<li><strong>Elevai Labs Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELAB#NASDAQ">ELAB</a>) gained 11.9% to $0.0225 in pre-market trading after the company announced update and extension of pending offer to exchange.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li><strong>Marqeta, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MQ#NASDAQ">MQ</a>) shares tumbled 38.8% to $3.64 in pre-market trading following weak quarterly sales.</li>
<li><strong>Verrica Pharmaceuticals Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRCA#NASDAQ">VRCA</a>) shares fell 31.4% to $0.98 in pre-market trading after the company posted downbeat quarterly results.</li>
<li><strong>Trio Petroleum Corp.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPET#NYSE">TPET</a>) dipped 24.8% to $0.0960 in pre-market trading after the company announced a 1-for-20 reverse stock split.</li>
<li><strong>Navitas Semiconductor Corporation</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) shares fell 19.4% to $2.10 in pre-market trading after the company reported weak third-quarter sales.</li>
<li><strong>Lattice Semiconductor Corporation</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSCC#NASDAQ">LSCC</a>) declined 18% to $42.55 in pre-market trading following soft fourth-quarter guidance.</li>
<li><strong>Nft Ltd</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MI#NYSE">MI</a>) shares dipped 16.1% to $7.50 in pre-market trading after gaining 9% on Monday.</li>
<li><strong>Vast Renewables Limited</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTE#NASDAQ">VSTE</a>) fell 16.2% to $5.66 in pre-market trading after surging more than 40% on Monday.</li>
<li><strong>Celanese Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) fell 15.8% to $103.89 in today's pre-market trading after the company reported worse-than-expected third-quarter financial results and announced it intends to temporarily reduce its quarterly dividend.</li>
<li><strong>Altice USA, Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATUS#NYSE">ATUS</a>) fell 14.3% to $2.22 in pre-market trading after the company reported weak third-quarter financial results.</li>
<li><strong>Tactile Systems Technology, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TCMD#NASDAQ">TCMD</a>) fell 10.3% to $13.55 in pre-market trading after the company posted weak quarterly sales and lowered FY24 sales forecast.</li>
</ul>
<p><strong>Now Read This: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/earnings/24/11/41735761/dow-tumbles-250-points-as-investors-brace-for-high-stakes-presidential-election-greed-index-enters-">Dow Tumbles 250 Points As Investors Brace For High-Stakes Presidential Election: Greed Index Enters &#8216;Fear&#8217; Zone</a></strong></li>
</ul>


Pre-Market Outlook

Markets

Movers

Trading Ideas

ALAB

ALAR

ALBT

ATUS

BNOX

ELAB

LSCC

NVTS

PLTR

QNST

SPPL

TCMD

TPET

VMEO

VRCA

VSTE

ZVSA

Why Palantir Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket

SBSW

Sibanye Stillwater Q3 Adjusted EBITDA $184M, Up 9% Year-On-Year

Legal

NFLX

Reuters Reported France's PNF Financial Prosecutor Body Has Carried Out Searches Today At Netflix France, Amsterdam Offices, Citing Judicial Source

<p><strong>Phunware Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PHUN#NASDAQ">PHUN</a>) experienced a significant surge in its stock price, climbing 10.27% during pre-market trading on Tuesday, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>. </p>
<p><strong>What Happened</strong>: The stock&#8217;s rise occurred just one day before the U.S. Elections. This increase comes as the company remains linked to former President<strong> Donald Trump, </strong>having managed his 2020 reelection campaign&#8217;s mobile app.</p>
<p>On Friday, Phunware also revealed that <strong>Troy Reisner</strong>, the<a href="https://www.benzinga.com/markets/equities/24/11/41712003/trump-linked-phunwares-leadership-shuffle-continues-cfo-joins-ceo-in-exit-queue"> Chief Financial Officer</a>, intends to resign between Nov. 15 and Nov. 30. The company emphasized that Reisner&#8217;s departure is not due to any disagreements over business operations or financial practices. A search for a new CFO is underway. Post the announcement, on Monday, PHUN dropped by 10% during pre-market.</p>
<p>During this transition, Interim CEO <strong>Stephen Chen</strong> will collaborate with <strong>Brendhan Botkin</strong>, Vice President of Accounting and Financial Reporting, to oversee the roles of principal financial officer and principal accounting officer. Last month, Phunware announced the<a href="https://www.benzinga.com/news/24/10/41521091/trump-linked-phunware-stock-falls-as-ceo-exits-what-you-need-to-know"> resignation of CEO</a> <strong>Michael Snavely</strong>, with Stephen Chen assuming the role of interim CEO.</p>
<p><strong>See Also: <a href="https://www.benzinga.com/markets/equities/24/11/41734592/palantir-trump-media-hims-hers-health-nxp-semiconductors-and-tesla-why-these-5-stocks-are-on-inv?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">PLTR, DJT, HIMS, NXPI, TSLA: Top 5 Trending Stocks Today</a></strong></p>
<p><strong>Why It Matters</strong>: Phunware&#8217;s stock has been subject to fluctuations, often influenced by its ties to Trump-related ventures. On Oct. 15, Phunware&#8217;s shares surged amid market momentum and its association with <a href="https://www.benzinga.com/news/24/10/41339350/phunware-stock-skyrockets-amid-trump-association-and-market-momentum-whats-going-on"><strong>Trump Media &amp; Technology Group</strong></a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>), which launched its Truth+ streaming service. The platform is set to expand with an iOS app and availability on platforms like Apple TV and Amazon Fire.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41734897/elon-musks-doge-department-mention-gives-dogecoin-boost-to-top-of-daily-gainers-memecoin-s?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk&#8217;s &#8216;DOGE&#8217; Department Mention Gives Dogecoin Boost To Top Of Daily Gainers: Memecoin Spikes 6%</a></strong></li>
</ul>
<p><strong><em>Disclaimer</em></strong><em>: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.</em></p>
<p><em>Image via Shutterstock</em></p>


Equities

General

PHUN

Trump-Linked Phunware Stock Is Surging 10% In Pre-Market: What's Going On?

Guidance

Health Care

Fresenius Medical Care Also Reconfirms Its Targets To Achieve An Operating Income Margin Of 10%-14% By 2025

Fresenius Medical Care Confirms Its Outlook For Fiscal 2024 And Expects Revenue To Grow By A Low- To Mid-single Digit Percent Rate, With Operating Income To Grow By 16%-18% Versus Prior Guidance Of Growth By A Mid- To High-teens Percent Rate

<p>Fresenius Medical Care (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMS#NYSE">FMS</a>) reported quarterly earnings of $0.73 per share which beat the analyst consensus estimate of $0.35 by 108.57 percent. This is a 28.07 percent increase over earnings of $0.57 per share from the same period last year.  The company reported quarterly sales of $4.76 billion which missed the analyst consensus estimate of $4.89 billion by 2.67 percent.  This is a 3.57 percent decrease over sales of $4.94 billion the same period last year.</p>


Fresenius Medical Care Q3 2024 Adj EPS €0.73 May Not Be Comparable To €0.35 Estimate, Sales €4.76B Miss €4.89B Estimate

<p><strong>Alex Karp</strong>, CEO of <strong>Palantir Technologies Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) has cautioned that Europe could face ruin if it does not adopt <a href="https://www.benzinga.com/topic/artificial-intelligence">artificial intelligence (AI) innovation</a>.</p>
<p><strong>What Happened</strong>: &#8220;As America once again forges ahead, our allies and partners in Europe are being left behind,&#8221; Karp stated in a letter to shareholders on Monday.</p>
<p>His warning came as <a href="https://www.benzinga.com/news/earnings/24/11/41730179/palantir-q3-earnings-revenue-beat-eps-beat-customers-up-39-raises-guidance-results-driven-by-unrele">Palantir&#8217;s business growth accelerates</a>, surpassing expectations due to the robust demand for advanced AI technologies from&nbsp;U.S. government and commercial customers.</p>
<p>The company&#8217;s revenue in the&nbsp;last quarter reached a record&nbsp;$726 million,&nbsp;a 30% increase from the&nbsp;same period last year.</p>
<p>Palantir&#8217;s year-over-year revenue growth rate&nbsp;has increased over the past&nbsp;six quarters, rising from 13%&nbsp;in the second quarter of 2023 to 30% in the third quarter of 2024.</p>
<p><strong>See Also:&nbsp;<a href="https://www.benzinga.com/news/24/10/41663190/openai-rolls-out-chatgpt-search-google-shares-slide?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">OpenAI Rolls Out ChatGPT Search, Google Shares Slide</a></strong></p>
<p>In his letter, Karp attributed this growth to&nbsp;early and decades-long investment in&nbsp;technical infrastructure, which is now making large language models valuable to large enterprises.</p>
<p>Palantir has also joined the S&amp;P 500, a goal many thought was fanciful. The company&#8217;s entry into the index was&nbsp;made possible by the strength&nbsp;of its&nbsp;business and expanding demand for&nbsp;its software, he stated.</p>
<p><em>Subscribe to the&nbsp;</em><a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener"><em>Benzinga Tech Trends newsletter</em></a><em>&nbsp;to get all the latest tech developments delivered to your inbox.</em></p>
<p><strong>Why It Matters</strong>: Karp&#8217;s warning to Europe comes in the wake of Palantir&#8217;s record-breaking Q3 2024 results, which were driven by an &#8220;unrelenting AI demand that won&#8217;t slow down.&#8221;</p>
<p>The U.S. market remains the&nbsp;core of Palantir&#8217;s business, where institutions have responded&nbsp;most rapidly to the promise&nbsp;of AI.</p>
<p>The release of Palantir&#8217;s&nbsp;newest platform, AIP, has transformed&nbsp;the business, with U.S. revenue reaching $499 million in the third quarter, a 44% increase&nbsp;compared to the same period&nbsp;a year earlier.</p>
<p><strong>Wedbush</strong> analyst <strong>Dan Ives</strong> referred to Palantir as the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41732827/messi-of-ai-wall-street-analyst-gushes-over-robust-earnings-from-palantir">&#8220;Messi of AI&#8221; following the company&#8217;s</a> robust earnings. The company&#8217;s customer count grew 39%, and it raised its full-year outlook across all metrics.</p>
<p>Palantir&#8217;s AI gamble has also paid off, with one customer <a href="https://www.benzinga.com/markets/equities/24/11/41734875/palantirs-ai-gamble-pays-off-as-customer-revenue-from-single-customer-jumps-12x-in-under-8-month">increasing its annual recurring revenue twelvefold</a> in less than eight months after implementing the company's AI platform.</p>
<p><em>Check out more of Benzinga's Consumer Tech coverage by&nbsp;</em><a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener"><em>following this link</em></a><em>.</em></p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/24/11/41702294/apple-begins-shifting-iphone-17-production-in-india-cooks-china-optimism-and-more-this-week-in-apple?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple Begins Shifting iPhone 17 Production In India, Cook&#8217;s China Optimism, And More: This Week In Appleverse</a></strong></li>
</ul>
<p><strong><em>Disclaimer</em>:</strong><em> This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</em></p>
<p><em>Photo courtesy: Shutterstock</em></p>


Global

Tech

Palantir CEO Alex Karp Warns Europe Risks Doom Without AI

<p>Outlook</p>
<p>In the Stimulation Services segment, the Company anticipates pricing and activity to decline in the fourth quarter. Due to our integrated model and prudent cost management, we are able to navigate cyclicality without sacrificing service and asset quality. Based on ongoing dialogue with operators we anticipate a recovery in activity in 2025 as compared to the fourth quarter of 2024, and we continue to field new inbound requests for additional integrated fleet deployments with the highest demand for electric and Tier 4 dual fuel or DGB technologies. Today, approximately 72% of our active fleets include e-fleet or natural gas-capable equipment.</p>
<p>The Proppant Production segment started to see incremental improvement as we moved through the third quarter, although natural gas-directed activity was subdued and West Texas remains highly competitive. We anticipate that pricing and volumes in the fourth quarter will be impacted by weaker demand. We continue to actively manage operating costs to partially mitigate the impact of lower profitability. We expect a recovery in activity in 2025 relative to the fourth quarter, with a more pronounced potential improvement in oil-levered regions.</p>


ACDC

ProFrac Anticipates Decline In Stimulation Services And Proppant Production Segments In Q4 2024, With Recovery Expected in 2025

<p><strong>Tesla Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO <strong>Elon Musk </strong>said on Monday that the company is not considering building a phone, refuting rumors.</p>
<p><strong>What Happened:</strong> &#8220;No, we are not doing a phone,&#8221; Musk <a href="https://www.youtube.com/watch?v=7qZl_5xHoBw">said</a> in a podcast with <strong>Joe Rogan</strong> published on Monday. However, it is not because the company can&#8217;t do it, the CEO said. </p>
<p>&#8220;We could do a phone since like the operating system in Tesla &#8211; it&#8217;s Linux-based &#8211; but we have written a massive amount of software on top of that. So probably Tesla is in a better position to create a new phone that&#8217;s not Android or iPhone than maybe any company in the world but it is not something we want to do unless we have to,&#8221; Musk said.</p>
<p>The company will have to make a phone if Apple or Google start censoring apps or acting like &#8220;gatekeepers,&#8221; the CEO added.</p>
<p>Tesla currently has its &#8220;plate full&#8221; with its efforts into electric vehicles, enabling autonomous driving, and robotics, Musk  said while adding that making a phone would be &#8220;a huge pain the ass.&#8221;</p>
<p><strong>Why It Matters: </strong>Musk first hinted at making a phone in November 2022, following his acquisition of Twitter, now rebranded as&nbsp;<strong>X</strong>, amidst uncertainty about the microblogging platform&#8217;s&nbsp;status on mainstream app stores.</p>
<p>Musk in June gave mixed signals about the company&#8217;s plans to make a phone. One day he announced in a live stream on X that Tesla was not going to make a phone.</p>
<p>Two days later, the CEO said that his tech company X manufacturing a phone running on a custom open-source operating system in partnership with another smartphone maker is "<a href="https://www.benzinga.com/news/24/06/39265691/a-day-after-shutting-down-tesla-phone-rumors-elon-musk-says-it-is-not-out-of-the-question" target="_blank" rel="noreferrer noopener">not out of the question</a>."</p>
<p>Musk <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39306037/tesla-bull-adam-jonas-thinks-tesla-will-make-a-phone-elon-musk-hopes-it-wont-be-nee">later clarified</a> that Tesla could make a phone but he hopes that it is not &#8220;needed.&#8221;</p>
<p><em>Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a></em></p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/24/11/41736208/gm-crosses-300k-ev-deliveries-in-us-since-2016-but-its-still-over-40-lower-than-teslas-sales-in-the" target="_blank" rel="noreferrer noopener">GM Crosses 300K EV Deliveries In US Since 2016, But It's Still Over 40% Lower Than Tesla's Sales In The First 9 Months Of 2024</a></strong></li>
</ul>
<p><em>Photo courtesy: Shutterstock</em></p>


TSLA

Elon Musk Rejects Rumors Of A Tesla Phone, But Says The EV Giant Will Have To Make One If This Happens

<p><a href="https://www.nytimes.com/2024/11/05/us/politics/dixville-notch-election-vote-results.html">https://www.nytimes.com/2024/11/05/us/politics/dixville-notch-election-vote-results.html</a></p>
<p>&nbsp;</p>


Election Day Begins With Dixville Notch Midnight Vote - It's a Harris-Trump Tie In 6 Vote Tally

<p>ProFrac Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACDC#NASDAQ">ACDC</a>) reported quarterly sales of $575.300 million which beat the analyst consensus estimate of $560.713 million by 2.60 percent. This is a 0.19 percent increase over sales of $574.200 million the same period last year.</p>


ProFrac Holding Q3 Sales $575.300M Beat $560.713M Estimate, Net loss $43.5M Compared To Net Loss Of $17.9M YoY

Macro Economic Events

Econ #s

Economics

U.K. Composite Purchasing Managers' Index For October 51.8 Vs. 51.7 Est.; 52.6 Prior

U.K. Services Purchasing Managers Index For October 52.0 Vs. 51.8 Est.; 52.4 Prior

<p>Wedbush  analyst Yun Zhong   assumes MoonLake (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLTX#NASDAQ">MLTX</a>) with a Outperform rating and lowers Price Target of $73.</p>


MLTX

Wedbush Assumes MoonLake at Outperform, Lowers Price Target of $73

<p>Wedbush  analyst Yun Zhong   initiates coverage on Rezolute (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RZLT#NASDAQ">RZLT</a>) with a Outperform rating and announces Price Target of $12.</p>


RZLT

Wedbush Initiates Coverage On Rezolute with Outperform Rating, Announces Price Target of $12

<p>Wedbush  analyst Yun Zhong   initiates coverage on Protagonist Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTGX#NASDAQ">PTGX</a>) with a Outperform rating and announces Price Target of $58.</p>


PTGX

Wedbush Initiates Coverage On Protagonist Therapeutics with Outperform Rating, Announces Price Target of $58

<p>In a recent study, the National Retail Federation (NRF) warns that <strong>Donald Trump&#8217;s</strong> proposed tariffs could significantly impact American consumers, potentially reducing annual spending by $78 billion.</p>
<p><strong>What Happened</strong>: The NRF study highlights the potential consequences of Trump&#8217;s tariff proposal on consumer goods, particularly those imported from China. The report, released on Monday, suggests that the tariffs could lead to increased prices on essential items such as apparel, toys, and appliances, affecting consumer spending habits, Reuters reported.</p>
<p><strong>Jonathan Gold</strong>, NRF&#8217;s vice president of supply chain and customs policy, emphasized the reliance of retailers on imports to offer a diverse range of affordable products. The proposed tariffs, which include a 10% universal tariff on all imports and a possible 60% to 100% tariff on Chinese imports, could disproportionately impact low-income families as costs are passed on to consumers.</p>
<p><strong>See Also: <a href="https://www.benzinga.com/news/24/11/41701311/scaramucci-says-trump-should-be-taken-into-custody-over-alleged-threat-against-liz-cheney?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Scaramucci Says Trump &#8216;Should Be Taken Into Custody&#8217; Over Alleged Threat Against Liz Cheney</a></strong></p>
<p>The NRF also projects a modest growth in holiday sales, expecting an increase of up to 3.5% to $989 billion, marking the slowest growth in six years.</p>
<p><strong>Why It Matters</strong>: The proposed tariffs have sparked significant controversy, with a <a href="https://www.benzinga.com/startups/24/10/41561517/trump-pushes-forward-with-controversial-tariff-plan-despite-growing-backlash-from-voters-who-strongl">growing backlash from voters</a> who oppose the plan. An NBC News poll revealed that 44% of voters are less likely to support a candidate advocating for universal tariffs, highlighting the divisive nature of the issue amid economic challenges like inflation and fragile supply chains.</p>
<p>Furthermore, global concerns have been raised about the <a href="https://www.benzinga.com/markets/equities/24/10/41592365/trump-tariffs-will-be-negative-not-just-for-emerging-markets-but-across-the-world-says-singapore">potential negative impact</a> of Trump&#8217;s tariffs. Singapore&#8217;s state-owned investment firm, Temasek, warned that a Trump re-election could slow global growth, affecting U.S. companies and financial markets. The firm expressed concerns about increased uncertainty due to tariffs, which could lead to a stronger dollar and higher rates.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/general/politics/24/11/41732623/bakery-that-often-predicts-election-outcomes-has-this-candidate-winning-in-trump-harris-battle-d?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bakery That Often Predicts Election Outcomes Has This Candidate Winning In Trump, Harris Battle: &#8216;Doughmacracy For All!&#8217;</a></strong></li>
</ul>
<p><em>Image via Flickr</em></p>
<p>This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <u><a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a></u></p>


Trump Tariff Proposed May Cost Americans $78B In Spending: Study

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>The broader market rally has left many investors wondering if there are any <a href="https://investorplace.com/stock-types/growth-stocks/">growth stocks</a> to buy before a correction. I believe that there absolutely are. Despite the run-up, a number of high-potential growth stocks remain undervalued. Their fundamentals have only gotten stronger.</p>



<p>I believe these stocks are poised for a major bounce-back over the next 12 months. Several have already begun to recover. Now may be the time to establish a position before they really take off.</p>



<p>Investing just $1,000 across these picks could generate market-beating returns. A few even have the potential to become multi-baggers. That means a relatively small investment today might lead to very sizable gains.</p>



<p>Here are seven to look into:</p>



<h2>Bombardier (BDRBF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/08/bdrbd1600-300x169.png" alt="BOMBARDIER sign is seen during the 12th China International Aviation and Aerospace Exhibition, also known as Airshow China 2018. BDRBD stock"><div>Source: testing / Shutterstock.com</div></div><p><strong>Bombardier</strong> (OTCMKTS:<a href="https://investorplace.com/stock-quotes/bdrbf-stock-quote/"><strong>BDRBF</strong></a>) designs and manufactures business jets for corporations, governments, and wealthy individuals. The Canadian aerospace company has been on a roll lately, with its stock price surging over 78% so far in 2024. I believe Bombardier is well-positioned to benefit from the ongoing boom in private aviation and increased defense spending.</p>



<p>In the first quarter, Bombardier <a target="_blank" href="https://www.westerninvestor.com/national-business/bombardier-boosts-order-backlog-even-as-global-demand-for-business-jets-softens-8650865">grew its order backlog to $14.9 billion</a>. The company also expanded margins and is on track to deliver 150-155 aircraft this year, up from 138 in 2023. Bombardier&rsquo;s high-margin aftermarket service revenues jumped 13% year-over-year in Q1.</p>



<p>Analysts are quite bullish on the stock, with <a target="_blank" href="https://www.tipranks.com/stocks/bdrbd/forecast">8 out of 11 rating it a &ldquo;Buy.&rdquo;</a> I personally believe that this stock could cross $100.</p>



<p>Last week, Bombardier <a href="https://www.cbc.ca/news/canada/kitchener-waterloo/bombardier-aircraft-assembly-workers-strike-ends-1.7259630" target="_blank">reached</a> a new 3-year labor deal with its union, ending an 18-day strike. The company is also doing its part for the environment, installing thousands of solar panels to slash emissions at its London service center. Thus, the company looks poised to hit its 2025 targets of $9 billion in revenue and $1.6 billion in EBITDA, making it among the best growth stocks to buy.</p>



<h2>Paysign (PAYS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/money-transfer-coins-fintech-300x169.png" alt="An image of two cellphones with coins flying from one screen into the other. Fintech Growth Stocks"><div>Source: kentoh/Shutterstock</div></div><p><strong>Paysign</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/pays-stock-quote/"><strong>PAYS</strong></a>) is a leading provider of prepaid card programs and integrated payment processing solutions. The company has been making waves lately with impressive financial results and a promising growth trajectory. In the first quarter of 2024, Paysign&rsquo;s <a target="_blank" href="https://www.nasdaq.com/articles/3-best-stocks-under-20-small-account-growth#:~:text=Paysign%20(PAYS)&amp;text=In%20Q1%202024%2C%20Paysign%27s%20revenue,just%20%24590%2C000%20a%20year%20ago.">revenue surged 30% year-over-year to $13.2 million</a>, beating analyst estimates. Net income turned positive at $309,000, a significant improvement from the net loss in the same period last year.</p>



<p>I believe Paysign is well-positioned to capitalize on the megatrend of digital payments and the tailwinds of increasing healthcare spending. The company&rsquo;s focus on the healthcare industry, particularly its rapidly expanding patient affordability business, sets it apart. It has a pipeline of new programs and partnerships with major pharmaceutical companies. As such, I&rsquo;m not surprised to see that Paysign&rsquo;s patient affordability revenue skyrocketed by 305% in Q1 2024.</p>



<p>Analysts are bullish on Paysign&rsquo;s prospects. The stock is rated a strong buy with a <a href="https://www.tipranks.com/stocks/pays/forecast" target="_blank">21% upside potential</a>. As interest rate cuts take effect and transaction volumes rise, I expect Paysign&rsquo;s growth to accelerate further.</p>



<h2>IAC (IAC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/iac-1600-300x169.png" alt="The logo for IAC is seen at the top of an office building."><div>Source: Black Pebble / Shutterstock.com</div></div><p><strong>IAC</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/iac-stock-quote/"><strong>IAC</strong></a>) is a media and internet company that owns brands like Dotdash Meredith, Care.com, and Angi. It also just inked a deal with <strong>OpenAI</strong> to license Dotdash Meredith&rsquo;s trusted content like People, Food &amp; Wine, and Better Homes &amp; Gardens. This partnership should translate into high-margin profits as OpenAI pays IAC for the rights to enhance its AI models with this premium content.</p>



<p>In Q1 2024, IAC <a href="https://seekingalpha.com/symbol/IAC/earnings" target="_blank">beat earnings estimates</a> with earnings per share of -34 cents vs the -76 cents expected, though revenue of $929.68 million slightly missed estimates. Analysts seem to agree that IAC is on the right track, with TD Cowen reiterating a buy rating and a $78 price target, viewing IAC as significantly undervalued. Improving EPS should send the stock higher, even if revenue stays sluggish.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-78.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/07/chart-78.png" alt="Growth Stocks: IAC financial estimates"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>The upside potential looks compelling if IAC can deliver on the promise of its OpenAI deal and other initiatives. Count me optimistic on IAC&rsquo;s prospects to ride the AI megatrend to new heights in the category of growth stocks to buy.</p>



<h2>Celsius Holdings (CELH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/celh1600-300x169.jpg" alt="three energy drinks contrasted against a white background"><div>Source: Shutterstock</div></div><p><strong>Celsius Holdings</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/celh-stock-quote/"><strong>CELH</strong></a>) sells functional energy drinks and liquid supplements. The stock has plummeted nearly 50% from its 2024 highs amid concerns about slowing growth and high valuation.</p>



<p>I believe this selloff is overdone and presents a compelling buying opportunity for long-term investors. Celsius is well-positioned to capitalize on the megatrends of health and wellness, functional beverages, and fitness. The company reported record <a target="_blank" href="https://finance.yahoo.com/news/celsius-holdings-inc-surpasses-first-113241408.html#:~:text=For%20Q1%202024%2C%20Celsius%20Holdings,significant%20gains%20in%20international%20markets.">Q1 revenue of $355.7 million, up 37% year-over-year</a>, and expects to benefit from expanded distribution through its PepsiCo partnership.</p>



<p>Analysts <a href="https://seekingalpha.com/symbol/CELH/earnings/estimates" target="_blank">forecast</a> Celsius&rsquo; earnings per share to double over the next two years, with sales projected to increase around 30% annually through 2026. If Celsius can execute on these growth targets while riding the tailwinds of its key market trends, I see significant upside potential for the stock to bounce back strongly in the coming years. The recent dip looks like an attractive entry point for investors willing to hold through any near-term volatility. The analyst price target is also very bullish for a company of this size.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-79.png"><img width="1226" height="455" src="https://investorplace.com/wp-content/uploads/2024/07/chart-79.png" alt="CELH price target"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>And I can understand why:</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-80.png"><img width="1200" height="628" src="https://investorplace.com/wp-content/uploads/2024/07/chart-80.png" alt="CELH financial estimates"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>Of course, risks remain. But for those who believe in Celsius&rsquo; long-term story, now may be the time to take a swig of this beaten-down beverage stock.</p>



<h2>Sea Limited (SE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/sea-limited-1600-300x169.png" alt="The logo for Sea Limited is seen on a web browser through a magnifying glass."><div>Source: Postmodern Studio / Shutterstock.com</div></div><p><strong>Sea Limited</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/se-stock-quote/"><strong>SE</strong></a>) is a tech conglomerate that operates in Southeast Asia. I&rsquo;ve been bullish on this company for around a year now, and I&rsquo;m pleased to see the stock making some positive moves recently. In Q1 2024, Sea posted a strong <a href="https://www.bloomberg.com/news/articles/2024-05-14/singapore-s-sea-tops-estimates-as-online-shoppers-boost-spending" target="_blank">23% year-over-year revenue growth to $3.7 billion</a>, though it did report a net loss of $23 million. The company&rsquo;s e-commerce arm, Shopee, achieved record high orders, GMV, and revenue, while its SeaMoney financial services business saw significant user growth. Sea&rsquo;s gaming unit Garena also rebounded, with its Free Fire game being the most downloaded mobile game globally in Q1.</p>



<p>I believe Sea remains well-positioned to be the &ldquo;Amazon of Southeast Asia&rdquo; with its strong market presence in the region&rsquo;s fast-growing economies. Analysts are optimistic, <a href="https://seekingalpha.com/symbol/SE/earnings/estimates" target="_blank">projecting</a> EPS to jump from $2 in 2024 to $5.65 in 2026, along with sustained double-digit revenue growth. While there may be short-term fluctuations, the long-term prospects for Sea look bright as it rides the tailwinds of e-commerce and gaming growth in Southeast Asia and is one of the best growth stocks to buy in the region.</p>



<h2>Direct Digital Holdings (DRCT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/03/digital-advertising-1600-300x169.jpg" alt="Close up hand holding mobile with Digital Advertising and icons, Digital Marketing concept. digital ad stocks"><div>Source: weedezign via Shutterstock</div></div><p><strong>Direct Digital Holdings</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/drct-stock-quote/"><strong>DRCT</strong></a>) operates an advertising and marketing technology platform. The company&rsquo;s stock has plunged nearly 87% since peaking in March, but I believe it may have bottomed out near its historical resistance level. At current prices, the potential upside outweighs the downside risk.</p>



<p>Analysts <a href="http://seekingalpha.com/symbol/DRCT/earnings/estimates" target="_blank">expect</a> margins to expand swiftly, with EPS rising from 26 cents this year to 41 cents next year, accompanied by double-digit revenue growth. The company recently announced partnerships with Amazon Publisher Services and HPE GreenLake, which should attract more demand to its Colossus SSP platform and boost performance. Rate cuts could also boost earnings significantly due to its interest expenses being high.</p>



<div><a href="https://investorplace.com/wp-content/uploads/2024/07/chart-81.png"><img width="1200" height="850" src="https://investorplace.com/wp-content/uploads/2024/07/chart-81.png" alt="How Direct Digital Holdings Makes Its Money"><br>Click to Enlarge</a><div>Source: Chart courtesy of <a href="https://GuruFocus.com">GuruFocus.com</a></div></div><p>These positive catalysts make me believe Direct Digital Holdings could soar once again over the next year. The digital advertising megatrend provides a strong tailwind. And with its shares trading at a fraction of their March high, now may be an opportune time for risk-tolerant investors to start a position.</p>



<h2>ATRenew (RERE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/04/digital-payment-300x169.jpg" alt="A concept image of mobile payment with a smart phone for a cup of coffee."><div>Source: Shutterstock</div></div><p><strong>ATRenew</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/rere-stock-quote/"><strong>RERE</strong></a>) operates the largest pre-owned consumer electronics transactions and services platform in China. The company has been making strides lately, with <a href="https://www.investing.com/news/stock-market-news/earnings-call-atrenew-reports-robust-q1-growth-plans-expansion-93CH-3448885" target="_blank">total revenues growing 27.1% year-over-year to RMB3.65 billion</a> in Q1 2024 and non-GAAP operating income reaching RMB80.2 million. I believe ATRenew&rsquo;s stock&mdash;which has traded between $1-$3 for the past two years&mdash;is primed for a breakout in the next 12 months as fundamentals continue to improve. </p>



<p>Management is optimistic about future growth, citing increasing recycling opportunities driven by government action plans and rising demand for used products in China.</p>



<p>Partnerships with major players like <strong>JD.com</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/jd-stock-quote/"><strong>JD</strong></a>) and <strong>Apple</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/aapl-stock-quote/"><strong>AAPL</strong></a>) are fueling ATRenew&rsquo;s product revenue growth. The company&rsquo;s multi-category recycling business is also taking off, with transaction value quadrupling year-over-year in Q1. Analysts seem bullish, too &ndash; Zacks recently <a href="https://scr.zacks.com/news/news-details/2024/RERE-INITIATION-Leading-Recycling-Platform-in-Chinas-Burgeoning-Circular-Economy/default.aspx" target="_blank">introduced</a> 2024 and 2025 adjusted EPS estimates of 25 cents and 38 cents for ATRenew, implying 90% growth this year and 50%+ next year. </p>



<p>With RMB2.6 billion in cash, a share buyback program underway, and potential dividends on the horizon, I think ATRenew trades well-positioned among growth stocks to buy in order to ride the tailwinds of China&rsquo;s push toward a circular economy in the coming years.</p>



<p><em>On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. 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></em>.</p>



<p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div><p>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
<p>The post <a href="https://investorplace.com/2024/07/7-growth-stocks-to-buy-with-1000-or-youll-be-kicking-yourself-in-2025/">7 Growth Stocks to Buy With $1,000 or You'll Be Kicking Yourself in 2025</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Growth Stocks to Buy With $1,000 or You'll Be Kicking Yourself in 2025

Warning: DRCT is at high risk of performing badly

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Investing in dirt cheap stocks under $10 has a lot of appeal. One of the benefits is that a low share price allows you to buy more shares with a smaller amount of money. If the stock price increases significantly, even a small percentage gain can translate to a large return on your investment.&nbsp;</p>



<p><a href="https://investorplace.com/stock-types/penny-stocks/">Penny stocks</a> tend to be more volatile than established companies. Cheap stocks under $10 often fall into this category. This can be risky, but some investors are drawn to the potential for quick profits that result from timing the market correctly.&nbsp;</p>



<p>Unfortunately, cheap stocks under $10 are often from companies with limited track records, unproven business models, or a history of financial difficulties. This makes them much riskier than stocks from established companies. However, the stocks discussed in this article all benefit from strong revenue growth and, more importantly, positive net earnings. That makes them more financially stable than the vast majority of penny stocks. Let&rsquo;s take a look at those firms and their stocks.</p>



<h2>DLocal (DLO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/08/dlo1600-300x169.png" alt="Mobile phone with webpage of Uruguayan payment company dLocal Limited (DLO) on screen in front of logo Focus on top-left of phone display"><div>Source: Wirestock Creators / Shutterstock.com</div></div><p><strong>DLocal</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/dlo-stock-quote/"><strong>DLO</strong></a></span>) operates a payment processing platform that helps businesses operating in international markets, especially emerging markets, accept payments from customers. That makes it especially attractive as the fintech stock opportunity continues to gain momentum and opportunities to bring more consumers online increase.&nbsp;</p>



<p>DLocal allows merchants to accept a wide range of local payment methods in the countries they operate in. It can include payment options like cash payments through convenience stores, bank transfers, mobile wallets, and local debit cards, among others.&nbsp;At a high level, DLocal is a bridge between international businesses and customers in emerging markets.&nbsp;</p>



<p>Total payment <a href="https://www.globenewswire.com/news-release/2024/05/14/2881893/0/en/dLocal-Reports-2024-First-Quarter-Financial-Results.html">volume grew by 49%</a> in the first quarter. Despite that rapid growth, weaker-than-anticipated earnings <a href="https://www.barrons.com/articles/dlocal-earnings-stock-price-da40195b">sent shares downward</a>. That&rsquo;s a fair representation of what investors should <a href="https://stockanalysis.com/stocks/dlo/forecast/">expect</a> from DLocal moving forward: strong top-line growth but stagnant earnings that aren&rsquo;t expected to improve until 2025.&nbsp;</p>



<p>It still provides earnings to shareholders, is growing well above 30%, and can reasonably double in price. That makes DLO stock worthwhile as it harbors breakout potential.&nbsp;</p>



<h2>Fennec Pharmaceuticals (FENC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/biopharma-1600-300x169.jpg" alt="Illustration of a biopharma company. Doctor standing in front of various medical icons."><div>Source: Billion Photos / Shutterstock</div></div><p><strong>Fennec Pharmaceuticals</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/fenc-stock-quote/"><strong>FENC</strong></a></span>) is a revenue stage biopharmaceutical stock with the potential to grow rapidly. Shares currently trade for $6.30 but the two analysts covering the equity <a href="https://stockanalysis.com/stocks/fenc/forecast/">believe</a> it is worth $15 and $17, respectively.&nbsp;</p>



<p>The company calls its leading candidate drug PEDMARK. Doctors indicate it to prevent hearing loss in children undergoing chemotherapy. Chemotherapy can cause hearing loss in pediatric patients undergoing treatment for localized, non-metastatic, solid tumors.&nbsp;&nbsp;</p>



<p>It is the only FDA-approved therapy indicated to reduce the risk of hearing loss associated with chemotherapy in pediatric patients.&nbsp;</p>



<p>Fennec Pharmaceuticals executed an exclusive licensing agreement with Norgine to commercialize PEDMARQSI, a synonymous trade name for PEDMARK in Europe, Australia, and New Zealand. The firm received approximately $43.2 million from that deal and has the potential to receive up to approximately $230 million in additional commercial and regulatory milestones.&nbsp;</p>



<p>The company had more than $51 million in cash at the end of the most recent quarter and is producing earnings overall.&nbsp;</p>



<h2>Direct Digital Holdings (DRCT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/03/digital-advertising-1600-300x169.jpg" alt="Close up hand holding mobile with Digital Advertising and icons, Digital Marketing concept. digital ad stocks"><div>Source: weedezign via Shutterstock</div></div><p><strong>Direct Digital Holdings</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/drct-stock-quote/"><strong>DRCT</strong></a></span>) is another high-risk, high-reward stock under $10 with the potential to explode. The company provides advertising services and has been up and down in 2024. Shares currently trade for $4 and change after soaring above $33 in March.&nbsp;</p>



<p>The reason for the sharp decline was straightforward: Direct Digital Holdings missed revenue and earnings expectations by a wide margin. Revenues were anticipated to <a href="https://investorplace.com/earning-results/2024/03/drct-stock-earnings-direct-digital-holdings-for-q4-of-2023/#:~:text=Direct%20Digital%20Holdings%20(NASDAQ%3ADRCT,reported%20revenue%20of%20%2441.01%20million.">approach $66</a> million but came in well short at $41.01 million. That led to a -$0.08 EPS, whereas 26 cents had been expected.&nbsp;&nbsp;</p>



<p>The company also readjusted its overall 2024 outlook sharply as a result. The company now anticipates $180 million in sales this year, down from $242.6 million previously. Most metrics suggest that DRCT shares are currently priced right.&nbsp;</p>



<p>Revenues are on track to more than double this year and earnings growth is expected to approach 50%. The correction is an opportunity for brazen investors.&nbsp;</p>



<p><em>On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"><em> Publishing Guidelines</em></a><em>.</em></p>



<p><em>On the date of publication, the responsible editor did not have (either directly or<br>indirectly) any positions in the securities mentioned in this article.</em></p>
<div><p>Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.</p></div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>
<p>The post <a href="https://investorplace.com/2024/07/3-dirt-cheap-stocks-under-10-that-could-explode/">3 Dirt-Cheap Stocks Under $10 That Could EXPLODE!</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

3 Dirt-Cheap Stocks Under $10 That Could EXPLODE!

Direct Digital Holdings receives additional Nasdaq delinquency notice

Direct Digital Holdings (DRCT) just unveiled an update. Direct Digital Holdings, Inc. has been notified by Nasdaq for failing to file its annual an...

Direct Digital Holdings Faces Nasdaq Compliance Challenges

Direct Digital Holdings ( ($DRCT) ) has provided an announcement. Direct Digital Holdings made significant strides to regain compliance with Nasdaq...

Direct Digital Holdings Secures Stability Amidst Challenges

Direct Digital Holdings regains Nasdaq compliance

Direct Digital (DRCT) Holdings announced the company has entered into a $20M Equity Reserve Facility with New Circle Principal Investments LLC, an ...

Direct Digital enters strategic $20M equity reserve facility with New Circle

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Direct Digital Holdings (DRCT – Resear...

Analysts Have Conflicting Sentiments on These Communication Services Companies: Direct Digital Holdings (DRCT) and China Tower (OtherCHWRF)

08:09 EDT Direct Digital (DRCT) files to sell 2.93M shares of Class A common stock for holders Published first on TheFly – the ultimate source for ...

Direct Digital files to sell 2.93M shares of Class A common stock for holders

AAPL

BDRBF

CELH

CHWRF

DRCT

FENC

PAYS

RERE

Press Releases

DEADLINE ALERT for CMBM, BIIB, DRCT, and FSLY: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Penny Stocks

Shareholders of Direct Digital Holdings, Inc. Should Contact The Schall Law Firm Before July 22, 2024 - DRCT

DIRECT DIGITAL ALERT: Bragar Eagel & Squire, P.C. is Investigating Direct Digital Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Direct Digital Holdings Announces Receipt of Anticipated Additional Delinquency Notice

Colossus SSP and Confiant Drive Unprecedented Safety and Ad Quality with Industry-Leading Partnership

Colossus SSP Joins Industry Initiative to Bring Transparency to Digital Ad Auctions

Direct Digital Holdings Reports Filings for Full-Year 2023, Q1 2024 and Q2 2024

Direct Digital Holdings Regains Nasdaq Compliance

Direct Digital Holdings Announces Strategic $20 Million Equity Reserve Facility to Accelerate Growth Plan

Direct Digital Holdings Unifies Orange 142 and Huddled Masses to Power Client Growth in Digital Marketing and Advertising

BIIB

CMBM

FSLY

Able View Global Inc. - Class B Ordinary Shares

Able View Global

AirNet Technology Inc. - American Depositary Shares, each representing one ordinary shares

Comments

Direct Digital Holdings

Notizie

Ultime notizie per Direct Digital Holdings (NASDAQ:DRCT) Azioni

Le persone guardano anche

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO