DRIVE SHACK INC

In last trading session, Drive Shack Inc. (NYSE:DS) saw 0.26 million shares changing hands with its beta currently measuring 1.36. Company’s recent per share price level of $0.47 trading at $0.02 or 4.44% at ring of the bell on the day assigns it a market valuation of $45.03M. That closing price of DS’s stock is … Drive Shack Inc. (NYSE:DS)’s 12-Month Price Target Currently Stands At $2.00 Read More »

https://www.investing.com/news/pro/drive-shack-inc-pt-lowered-to-2-at-craighallum-432SI-2949919

Gainers Imago BioSciences, Inc. (NASDAQ: IMGO ) shares climbed 104.5% to close at $35.59 on Monday after Merck announced it would acquire the company for $36 per share in cash. NeuroOne Medical Technologies Corporation (NASDAQ: NMTC ) jumped 44.5% to close at $1.20. NeuroOne, last month, received FDA 510(k) clearance to market its Evo sEEG System for less than 30 day use. OncoSec Medical Incorporated (NASDAQ: ONCS ) gained 42.2% to close at $4.85. OncoSec Medical recently announced early clinical data from an investigator-sponsored trial of TAVO in combination with Bristol-Myers Squibb’s intravenous Opdivo (nivolumab). Cardio Diagnostics Holdings, Inc. (NASDAQ: CDIO ) surged 40.3% to close at $2.47. NWTN Inc. (NASDAQ: NWTN ) jumped 38.8% to close at $7.05. SeaStar Medical Holding Corporation (NASDAQ: ICU ) shares jumped 33.6% to close at $5.25. Sotera Health Company (NASDAQ: SHC ) gained 32.9% to close at $8.00. Barclays, last week, downgraded Sotera Health from Equal-Weight to Underweight and lowered the price target from $7 to $6.

Drive Shack Inc (NYSE: DS ) reported third-quarter FY22 sales growth of 16.1% year-on-year to $88.67 million, beating the consensus of $87.07 million. Revenue from golf operations rose 13.8% Y/Y, and sales of food and beverages jumped 26.2% Y/Y. Total operating … Full story available on Benzinga.com

Drive Shack press release (DS): Q3 GAAP EPS of -$0.09 beats by $0.02.Revenue of $88.67M (+16.1% Y/Y) beats by $1.6M.American Golf event revenue up 51% and Drive Shack event revenue…

Drive Shack (DS) touched a new low not only for the year, but the decade on Wednesday after receiving a compliance notice from the NYSE.

Drive Shack Inc. (the “Company”) (NYSE: DS), a leading owner and operator of golf-related leisure and entertainment businesses, today announced that it received written notification from the New York Stock Exchange (“NYSE”) on October 5, 2022, that it is not in compliance with the NYSE continued listing standard that requires a minimum average closing price of the Company’s common stock

Drive Shack is rapidly executing its plan to transform into an entertainment golf company while keeping its traditional golf segment to have some stable cash flow. Read more here.

In last trading session, Drive Shack Inc. (NYSE:DS) saw 0.89 million shares changing hands with its beta currently measuring 1.33. Company’s recent per share price level of $0.73 trading at -$0.07 or -8.40% at ring of the bell on the day assigns it a market valuation of $69.73M. That closing price of DS’s stock is … Drive Shack Inc. (NYSE:DS) Lost -27.45% In A Week: What’s Driving The Stock? Read More »

A share of Drive Shack Inc. (NYSE:DS) closed at $0.84 per share on Wednesday, down from $0.93 day before. While Drive Shack Inc. has underperformed by -10.07%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DS fell by -68.58%, with highs and lows ranging from $3.04 […]

Drive Shack Inc. (NYSE:DS)’s traded shares stood at 1.12 million during the last session, with the company’s beta value hitting 1.23. At the close of trading, the stock’s price was $1.47, to imply an increase of 11.36% or $0.15 in intraday trading. The DS share’s 52-week high remains $4.02, putting it -173.47% down since that … Drive Shack Inc. (NYSE: DS): Can The Stock Still Lose Despite An 2.80% YTD Gain? Read More »

Drive Shack’s (DS) Director Wesley Edens has purchased the company’s shares for the second time this month. On May 17, Edens made an informative buy of DS’ 2 million shares worth about $2.98 million. Edens has been the Chairman of Drive Shack’s board of directors since its inception. He has also served the company as its CEO till February 2007. On May 13, Edens purchased 2 million shares of Drive Shack for $2.27 million. As per the data collected by TipRanks, he has been consistently increasing his holdings of DS stock since 2016. The total value of Edens’ Drive Shack holdings now stands at about $17.9 billion.

Drive Shack is rolling higher on Monday as executives add to their positions.

US stock futures traded slightly lower this morning on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders purchase or sell shares, it indicates their confidence or concern around the company''s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga''s insider transactions platform.3 BioCardia The Trade: BioCardia, Inc. (NASDAQ: BCDA ) President and CEO Peter Altman acquired a total of 15,000 shares at an average price of $1.24. To acquire these shares, it cost $18.59 thousand. What’s Happening: The company recently posted narrower-than-expected quarterly loss. What BioCardia Does: BioCardia Inc is a clinical stage regenerative medicine company. It is developing therapeutics for cardiovascular diseases with large unmet medical needs. Drive Shack The Trade : Drive Shack Inc. (NYSE: DS ) Director Wesley R Edens acquired …

The following slide deck was published by Drive Shack Inc.