Kadant, Titan Pharmaceuticals And 3 Stocks To Watch Heading Into Friday

Benzinga ·  Dec 29, 2023 05:55

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:

Kadant Inc. (NYSE:KAI) announced plans to acquire Key Knife, Inc. for approximately $156 million in cash. Kadant shares fell 0.4% to close at $284.23 on Thursday.

Titan Pharmaceuticals, Inc. (NASDAQ:TTNP) said its Board of Directors has approved a 1-for-20 reverse stock split. Titan Pharmaceuticals shares jumped 11.2% to $0.3670 in after-hours trading.

BioSig Technologies, Inc. (NASDAQ:BSTG) filed for a mixed shelf of up to $75 million. BioSig Technologies shares fell 3.9% to $0.4558 in after-hours trading.

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SM Energy Company (NYSE:SM) raised its quarterly cash dividend from 15 cents to 18 cents per share. SM Energy shares gained 0.3% to $39.18 in after-hours trading.

Pintec Technology Holdings Limited (NASDAQ:PT) said its total revenues fell to RMB35.09 million ($4.86 million) for the first half of 2023 from RMB39.82 million in the year-ago period. Net loss fell by 99.43% to RMB0.71 million ($0.10 million) for the same period. Pintec Technology shares gained 0.9% to $1.14 in the after-hours trading session.

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