North European Oil (NYSE:NRT) Bolsa

North European Oil

North European Oil Royalty Trust holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany. The properties of the trust are overriding royalty rights on sales of gas, sulfur, and oil under certain concessions or leases in the Federal Republic of Germany. The trust also holds other royalty rights, which are based on leases. It receives various percentages of royalties on the proceeds of the sales of certain products from the areas involved.

North European Oil Royality Trust Common Stock

North European Oil Royalty Trust

NORTHERN BEAR PLC by NORTHERN BEAR PLC.

NORTH MNG SHS CO LTD by NORTH MNG SHS CO LTD.

NOBILIS HEALTH CORP by NOBILIS HEALTH CORP

Noritz Corp

As of May 7, 2024, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.  
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Excelerate Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EE#NYSE">EE</a>)</h3>
<ul>
<li>Excelerate Energy is expected to release its first quarter 2024 results after the closing bell, on Wednesday, May 8. The company's stock gained around 15% over the past month and has a <a href="https://www.benzinga.com/quote/EE">52-week high of $22.4</a>2.</li>
<li>RSI Value: 71.62&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>EE Price Action: Shares of Excelerate Energy gained 3.1% to close at $17.95 on Friday.</li>
</ul>
<h3 class="wp-block-heading">North European Oil Royalty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRT#NYSE">NRT</a>)</h3>
<ul>
<li>On April 30, North European Oil Royalty Trust  announced a distribution of 20 cents per unit for the second quarter of fiscal 2024. The company's stock gained around 14% over the past five days and <a href="https://www.benzinga.com/quote/NRT">has a 52-week high</a> of $16.36</li>
<li>RSI Value: 72.92</li>
<li>NRT Price Action: Shares of North European Oil Royalty Trust fell 0.1% to close at $8.35 on Monday.</li>
</ul>
<h3 class="wp-block-heading">Tidewater Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDW#NYSE">TDW</a>)</h3>
<ul>
<li>On May 2, Tidewater posted upbeat quarterly results. Quintin Kneen, Tidewater&#8217;s President and Chief Executive Officer, commented, &#8220;First quarter results came in nicely above our expectations, especially for a period that is typically the slowest quarter of the year due to seasonality in certain markets and a front-loaded drydock schedule." The company's stock gained around 12% over the past five days and has a <a href="https://www.benzinga.com/quote/TDW">52-week high</a> of $109.66.</li>
<li>RSI Value: 71.77</li>
<li>TDW Price Action: Shares of Tidewater  gained 0.7% to close at $107.29 on Monday.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/05/38661465/investor-optimism-decreases-slightly-but-dow-records-gains-for-4th-day">Investor Optimism Decreases Slightly, But Dow Records Gains For 4th Day</a>

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Markets

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<h3>What is a Value Stock?</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>Below is a list of notable value stocks in the energy sector:</h2>
<ol>
<li>Vermilion Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VET#NYSE">VET</a>) - P/E: 2.44</li>
<li>Vital Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTLE#NYSE">VTLE</a>) - P/E: 1.44</li>
<li>North European Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRT#NYSE">NRT</a>) - P/E: 2.69</li>
<li>SM Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SM#NYSE">SM</a>) - P/E: 5.49</li>
<li>Dorian LPG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPG#NYSE">LPG</a>) - P/E: 4.8</li>
</ol>
Vermilion Energy saw a decrease in earnings per share from 0.58 in Q2 to $0.26 now. Its most recent dividend yield is at 2.0%, which has decreased by 0.2% from 2.2% in the previous quarter.
This quarter, Vital Energy experienced an increase in earnings per share, which was $4.35 in Q2 and is now $5.16. Most recently, North European Oil reported earnings per share at $0.0, whereas in Q3 earnings per share sat at $0.21. Most recently, the company reported a dividend yield of 3.88%, which has decreased by 1.73% from last quarter's yield of 5.61%.
SM Energy's earnings per share for Q3 sits at $1.73, whereas in Q2, they were at 1.28. Its most recent dividend yield is at 1.8%, which has increased by 0.32% from 1.48% in the previous quarter.
Dorian LPG's earnings per share for Q3 sits at $2.62, whereas in Q2, they were at 1.85. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

VTLE

5 Value Stocks In The Energy Sector

<h3>What are Value Stocks?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Below is a list of notable value stocks in the energy sector:</h2>
<ol>
<li>Profire Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFIE#NASDAQ">PFIE</a>) - P/E: 8.95</li>
<li>Drilling Tools Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTI#NASDAQ">DTI</a>) - P/E: 5.87</li>
<li>North European Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRT#NYSE">NRT</a>) - P/E: 2.45</li>
<li>Marathon Petroleum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPC#NYSE">MPC</a>) - P/E: 5.56</li>
<li>Smart Sand (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SND#NASDAQ">SND</a>) - P/E: 6.6</li>
</ol>
Most recently, Profire Energy reported earnings per share at $0.04, whereas in Q2 earnings per share sat at $0.06. This quarter, Drilling Tools Intl experienced an increase in earnings per share, which was $0.05 in Q2 and is now $0.14. Most recently, North European Oil reported earnings per share at $0.0, whereas in Q3 earnings per share sat at $0.21. The company's most recent dividend yield sits at 5.61%, which has decreased by 25.0% from 30.61% last quarter. 
Most recently, Marathon Petroleum reported earnings per share at $8.14, whereas in Q2 earnings per share sat at $5.32. The company's most recent dividend yield sits at 2.22%, which has decreased by 0.11% from 2.33% last quarter. 
Smart Sand has reported Q3 earnings per share at $0.18, which has increased by 5.88% compared to Q2, which was 0.17. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

PFIE

By the close of today, August 30, 2023, North European Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRT#NYSE">NRT</a>) will issue a dividend payout of $0.21 per share, resulting in an annualized dividend yield of 5.61%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on August 17, 2023.
<h3>North European Oil Recent Dividend Payouts</h3>
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<thead>
<tr>
<th>Ex-Date</th>
<th align="right">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-08-17</td>
<td align="right">4</td>
<td>$0.21</td>
<td>5.61%</td>
<td>2023-07-31</td>
<td>2023-08-18</td>
<td>2023-08-30</td>
</tr>
<tr>
<td>2023-05-18</td>
<td align="right">4</td>
<td>$1.05</td>
<td>30.61%</td>
<td>2023-04-28</td>
<td>2023-05-19</td>
<td>2023-05-31</td>
</tr>
<tr>
<td>2023-02-16</td>
<td align="right">4</td>
<td>$1.0</td>
<td>25.56%</td>
<td>2023-01-31</td>
<td>2023-02-17</td>
<td>2023-02-28</td>
</tr>
<tr>
<td>2022-11-17</td>
<td align="right">4</td>
<td>$0.74</td>
<td>19.6%</td>
<td>2022-10-31</td>
<td>2022-11-18</td>
<td>2022-11-30</td>
</tr>
<tr>
<td>2022-08-18</td>
<td align="right">4</td>
<td>$0.46</td>
<td>11.45%</td>
<td>2022-07-29</td>
<td>2022-08-19</td>
<td>2022-08-31</td>
</tr>
<tr>
<td>2022-05-12</td>
<td align="right">4</td>
<td>$0.38</td>
<td>7.68%</td>
<td>2022-04-29</td>
<td>2022-05-13</td>
<td>2022-05-25</td>
</tr>
<tr>
<td>2022-02-10</td>
<td align="right">4</td>
<td>$0.25</td>
<td>8.57%</td>
<td>2022-01-31</td>
<td>2022-02-11</td>
<td>2022-02-23</td>
</tr>
<tr>
<td>2021-11-10</td>
<td align="right">4</td>
<td>$0.14</td>
<td>5.47%</td>
<td>2021-10-29</td>
<td>2021-11-12</td>
<td>2021-11-24</td>
</tr>
<tr>
<td>2021-08-12</td>
<td align="right">4</td>
<td>$0.15</td>
<td>8.31%</td>
<td>2021-07-30</td>
<td>2021-08-13</td>
<td>2021-08-25</td>
</tr>
<tr>
<td>2021-05-13</td>
<td align="right">4</td>
<td>$0.14</td>
<td>10.65%</td>
<td>2021-04-30</td>
<td>2021-05-14</td>
<td>2021-05-26</td>
</tr>
<tr>
<td>2021-02-11</td>
<td align="right">4</td>
<td>$0.04</td>
<td>4.1%</td>
<td>2021-01-29</td>
<td>2021-02-12</td>
<td>2021-02-24</td>
</tr>
<tr>
<td>2020-11-12</td>
<td align="right">4</td>
<td>$0.02</td>
<td>2.64%</td>
<td>2020-10-30</td>
<td>2020-11-13</td>
<td>2020-11-25</td>
</tr>
</tbody>
</table>
North European Oil's dividend yield falls in the middle range when compared to its industry peers, with San Juan Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>) having the highest annualized dividend yield at 24.30%.
<h3>Analyzing North European Oil Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1693407932_0.png" alt="dividend chart graph" />
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $0.82 to $1.83, indicating the company's dedication to enhancing shareholder value through increased dividends.
<h3>YoY Earnings Growth For North European Oil</h3>
<img src="https://www.benzinga.com/files/images/story/2023/1693407932_1.png" alt="earning chart graph" />
Investors can observe a growth in earnings for North European Oil from 2019 to 2022, as earnings per share increased from $0.82 to $1.83. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
<h3>Recap</h3>
This article takes an in-depth look at North European Oil's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.21 per share today, translating to an annualized dividend yield of 5.61%.
North European Oil's dividend yield falls in the middle range when compared to its industry peers, with San Juan Basin Royalty having the highest annualized dividend yield at 24.30%.
Given that North European Oil has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.
[Monitor live stock price updates for North European Oil on Benzinga.](https://www.benzinga.com/quote/North European Oil (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrt#NYSE">NRT</a>))
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Dividends

Thriving with Robust Performance: North European Oil Delivers Growing Profits to Investors

<h3>The Meaning Behind Value Stocks</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>Benzinga Insights has compiled a list of value stocks in the energy sector that may be worth watching:</h2>
<ol>
<li>North European Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRT#NYSE">NRT</a>) - P/E: 3.43</li>
<li>Evolution Petroleum (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EPM#AMEX">EPM</a>) - P/E: 6.24</li>
<li>Earthstone Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTE#NYSE">ESTE</a>) - P/E: 4.24</li>
<li>HighPeak Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HPK#NASDAQ">HPK</a>) - P/E: 6.5</li>
<li>Murphy Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUR#NYSE">MUR</a>) - P/E: 6.91</li>
</ol>
This quarter, North European Oil experienced a decrease in earnings per share, which was $1.05 in Q2 and is now $0.21. Its most recent dividend yield is at 5.61%, which has decreased by 25.0% from 30.61% in the previous quarter.
Evolution Petroleum has reported Q3 earnings per share at $0.42, which has increased by 50.0% compared to Q2, which was 0.28. Most recently, the company reported a dividend yield of 7.52%, which has decreased by 0.44% from last quarter's yield of 7.96%.
Earthstone Energy saw a decrease in earnings per share from 0.77 in Q1 to $0.53 now. HighPeak Energy's earnings per share for Q2 sits at $0.25, whereas in Q1, they were at 0.39. The company's most recent dividend yield sits at 0.74%, which has increased by 0.32% from 0.42% last quarter. 
Murphy Oil has reported Q2 earnings per share at $0.79, which has decreased by 36.29% compared to Q1, which was 1.24. Its most recent dividend yield is at 2.56%, which has decreased by 0.28% from 2.84% in the previous quarter.
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

ESTE

Overview Of Value Stocks In The Energy Sector

North European Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRT#NYSE">NRT</a>) reported quarterly earnings of $0.21 per share. This is a 54.35 percent decrease over earnings of $0.46 per share from the same period last year. The company reported $2.49 million in sales this quarter. This is a 43.93 percent decrease over sales of $4.44 million the same period last year.

Earnings

North European Oil Q3 EPS $0.21 Down From $0.46 YoY, Sales $2.49M Down From $4.44M YoY

<h3>The Meaning Behind Value Stocks</h3>
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. 
<h2>Below is a list of notable value stocks in the energy sector:</h2>
<ol>
<li>Green Plains Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GPP#NASDAQ">GPP</a>) - P/E: 7.15</li>
<li>Ranger Oil (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROCC#NASDAQ">ROCC</a>) - P/E: 2.8</li>
<li>EOG Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>) - P/E: 6.92</li>
<li>North European Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRT#NYSE">NRT</a>) - P/E: 5.96</li>
<li>Teekay Tankers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNK#NYSE">TNK</a>) - P/E: 3.36</li>
</ol>
Green Plains Partners's earnings per share for Q1 sits at $0.42, whereas in Q4, they were at 0.41. Most recently, the company reported a dividend yield of 14.05%, which has increased by 0.3% from last quarter's yield of 13.75%.
Ranger Oil's earnings per share for Q1 sits at $4.31, whereas in Q4, they were at 4.95. Most recently, the company reported a dividend yield of 0.78%, which has increased by 0.08% from last quarter's yield of 0.7%.
EOG Resources's earnings per share for Q1 sits at $2.69, whereas in Q4, they were at 3.3. This quarter, North European Oil experienced an increase in earnings per share, which was $1.04 in Q1 and is now $1.05. Most recently, the company reported a dividend yield of 25.56%, which has increased by 5.96% from last quarter's yield of 19.6%.
Teekay Tankers has reported Q1 earnings per share at $5.13, which has increased by 18.48% compared to Q4, which was 4.33. The company's most recent dividend yield sits at 10.91%, which has increased by 2.34% from 8.57% last quarter. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

ROCC

North European Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRT#NYSE">NRT</a>) reported quarterly earnings of $1.05 per share. This is a 176.32 percent increase over earnings of $0.38 per share from the same period last year. The company reported $9.76 in sales this quarter. This is a 100.00 percent decrease over sales of $3.77 million the same period last year.

North European Oil Q2 EPS $1.05 Up From $0.38 YoY, Sales $9.76 Down From $3.77M YoY

North European Oil Royalty Trust (NYSE-NRT) (the &quot;Trust&quot;) reported its net income for the&nbsp;first quarter&nbsp;of fiscal 2023 which appears in the table below compared to its net income for the&nbsp;first quarter&nbsp;of fiscal 2022. Total royalty income often includes positive and negative adjustments that the operators made during the quarter based upon their corrected royalty calculations for the prior periods, as well as Mobil sulfur royalties. Total royalty income for the&nbsp;first quarter&nbsp;of fiscal 2023 was not affected because there were no prior period adjustments. In addition, due to sulfur prices falling below the required threshold, there were no Mobil sulfur royalties. Total royalty income for the&nbsp;first quarter&nbsp;of fiscal 2022 was also not affected because there were no prior period adjustments, but was increased by Mobil sulfur royalties of&nbsp;$59,517.&nbsp;
<table border="1" cellpadding="0" cellspacing="0">
<tbody>
<tr>
<td colspan="1" rowspan="1">
			&nbsp;</td>
<td colspan="1" rowspan="1">
1st Fiscal Quarter
Ended 1/31/2023
</td>
<td colspan="1" rowspan="1">
1st Fiscal Quarter
Ended 1/31/2022
</td>
<td colspan="1" rowspan="1">
Percentage
Change
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Total Royalty Income
</td>
<td colspan="1" rowspan="1">
$9,765,883
</td>
<td colspan="1" rowspan="1">
$2,546,539
</td>
<td colspan="1" rowspan="1">
+283.50&nbsp;%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Net Income
</td>
<td colspan="1" rowspan="1">
$9,536,014
</td>
<td colspan="1" rowspan="1">
$2,351,819
</td>
<td colspan="1" rowspan="1">
+305.47&nbsp;%
</td>
</tr>
<tr>
<td colspan="1" rowspan="1">
Distributions per Unit
</td>
<td colspan="1" rowspan="1">
$1.00
</td>
<td colspan="1" rowspan="1">
$0.25
</td>
<td colspan="1" rowspan="1">
+300.00&nbsp;%
</td>
</tr>
</tbody>
</table>
Despite the lingering economic effects caused by COVID-19 and the ongoing political and economic consequences of&nbsp;Russia&#39;s&nbsp;invasion of&nbsp;Ukraine, the German energy market was able, in the short-term, to address the energy shortfall caused by the severe reduction in Russian exports to&nbsp;Germany. This reduction in supply resulted in an increased demand for gas from other sources in order to provide sufficient gas supplies to get through the winter period of peak demand. The steps taken by&nbsp;Germany&nbsp;to stockpile sufficient gas supplies resulted in the increase in gas prices for the August-October 2022&nbsp;period used in this quarter&#39;s royalty calculation and led to the increase in total royalty income between the&nbsp;first quarter&nbsp;of fiscal 2022 and the&nbsp;first quarter&nbsp;of fiscal 2023. Under the Mobil Agreement for the&nbsp;first quarter&nbsp;of fiscal 2023, gas prices, gas sales, and the average exchange rate showed percentage changes of&nbsp;+362.89%,&nbsp;-14.28%&nbsp;and&nbsp;-4.89%, respectively, in comparison to the&nbsp;first quarter&nbsp;of fiscal 2022. In a corresponding comparison under the OEG Agreement, gas prices, gas sales, and the average exchange rate showed percentage changes of&nbsp;+362.89%,&nbsp;-7.80%&nbsp;and&nbsp;-4.93%, respectively.
Trust expenses for the&nbsp;first quarter&nbsp;of fiscal 2023 increased&nbsp;29.67%, or&nbsp;$57,835, to&nbsp;$252,792&nbsp;from&nbsp;$194,957&nbsp;for the&nbsp;first quarter&nbsp;of fiscal 2022. The increase in expenses reflects increased Trustee fees as specified by the Trust Agreement, increased fees associated with the Trust&#39;s petroleum consultant, and the preparation and mailing of the annual meeting materials.
The Trust&#39;s monthly royalty payments are paid prospectively based on the amount of royalties payable to the Trust in the prior quarter. End of quarter royalty adjustments result from the need to align prospective royalty payments from the operating companies with actual royalties that should have been paid. When actual prices and volumes are reported, there will be a positive reconciliation in the current quarter or&nbsp;a negative reconciliation in the subsequent quarter. Primarily as a result of the recent decline in gas prices, it is now anticipated that royalty payments to the Trust will be subject to a negative adjustment in the third fiscal quarter (May-July 2023). This will likely substantially&nbsp;reduce quarter-over-quarter&nbsp;cash distributions to the unit owners for at least the&nbsp;third quarter.&nbsp;
The previously declared distribution of&nbsp;$1.00&nbsp;per unit will be paid on&nbsp;February 28, 2023&nbsp;to owners of record as of&nbsp;February 17, 2023. Comprehensive details will be available in the Trust&#39;s 10-Q filing available through the SEC or on the Trust&#39;s website,&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3783365-1&amp;h=3869516676&amp;u=http%3A%2F%2Fwww.neort.com%2F&amp;a=www.neort.com" target="_blank">www.neort.com</a>, on or about&nbsp;February 28, 2023. For further information, contact&nbsp;John R. Van Kirk, Managing Director, at (732) 741-4008 or via e-mail at&nbsp;<a href="mailto:jvankirk@neort.com." target="_blank">jvankirk@neort.com.</a>&nbsp;The Trust&#39;s press releases and other pertinent information are also available on the Trust&#39;s website.

North European Oil Royalty Trust Announces Net Income Of $9,536,014 For Q1 FY23

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 100 points on Thursday.
Following the market opening Thursday, the Dow traded up 0.27% to 33,834.44 while the NASDAQ rose 0.97% to 11,422.61. The S&amp;P 500 also rose, gaining, 0.58% to 4,039.46.
Check This Out: <a href="https://www.benzinga.com/news/23/01/30584480/benzingas-most-accurate-analysts-say-buy-these-3-defensive-stocks-delivering-high-dividend-yields"> Benzinga&#39;s Most Accurate Analysts Say Buy These 3 Defensive Stocks Delivering High-Dividend Yields</a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
<ul>
<li>Energy shares rose by 2.1% on Thursday. Meanwhile, top gainers in the <a href="https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/">sector</a> included North European Oil Royalty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrt#NYSE">NRT</a>), up 3%, and Gran Tierra Energy Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gte#NYSE">GTE</a>), up 5%.</li>
<li>In trading on Thursday, health care shares fell by 0.3%.</li>
</ul>
&nbsp;
<h3>Top Headline</h3>
The U.S. economy grew by an estimated 2.9% from October to December, marking the second straight quarter of economic growth, a positive sign for broader markets. The number came in above economist expectations for a gain of 2.6%.
The US GDP grew by 2.1% in 2022, compared to a 5.9% expansion in 2021.
&nbsp;
<h3>Equities Trading UP</h3>
<ul>
<li>Qualtrics International Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xm#NASDAQ">XM</a>) shares shot up 29% to $14.48 after the company reported better-than-expected Q4 results and issued Q1 revenue guidance above estimates.</li>
<li>Shares of World Acceptance Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wrld#NASDAQ">WRLD</a>) got a boost, shooting 24% to $100.47 after the company reported Q3 earnings results.</li>
<li>NetScout Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ntct#NASDAQ">NTCT</a>) shares were also up, gaining 11% to $35.16 following strong quarterly results.</li>
</ul>
&nbsp;
<h3>Equities Trading DOWN</h3>
<ul>
<li>Panbela Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pbla#NASDAQ">PBLA</a>) shares tumbled 35% to $1.7501 after the company reported pricing of $15 million public offering at $2.75 per share.</li>
<li>Shares of Aridis Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ards#NASDAQ">ARDS</a>) were down 33% to $0.8277 after the company announced top-line results from its AR-301-002 Phase 3 study, in which the primary endpoint was not met with statistical significance.</li>
<li>Village Farms International, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vff#NASDAQ">VFF</a>) was down, falling 35% to $0.9750 after the company announced a roughly $25 million registered direct offering.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/news/23/01/30584585/5-most-expensive-financial-stocks-you-should-worry-about"> 5 Most Expensive Financial Stocks You Should Worry About</a>
&nbsp;
<h3>Commodities</h3>
In commodity news, oil traded up 1.6% to $81.46 while gold traded down 0.9% at $1,926.00.
Silver traded up 0.5% to $24.065 on Wednesday while copper rose 0.3% to $4.2590.
&nbsp;
<h3>Euro zone</h3>
European shares were higher today. The eurozone&rsquo;s STOXX 600 rose 0.42%, London&rsquo;s FTSE 100 rose 0.21% while Spain&rsquo;s IBEX 35 Index rose 0.87%. The German DAX gained 0.34% French CAC 40 rose 0.74% and Italy&rsquo;s FTSE MIB Index rose 1.32%.
Labor productivity in the UK increased by 0.1% on quarter during the three months to September, while car production in the country declined 17.9% year-over-year in December.
Consumer confidence in Italy fell to 100.9 in January versus an 11-month high level of 102.5 in the prior month, while manufacturing confidence rose to 102.7 from 101.5. Spain&#39;s unemployment rate increased to 12.87% in the fourth quarter from 12.67% in the prior period.
&nbsp;
<h3>Asia Pacific Markets</h3>
Asian markets closed mixed on Thursday, with Japan&rsquo;s Nikkei 225 dropping 0.12% and Hong Kong&rsquo;s Hang Seng Index gaining 2.37%.
Hong Kong trade deficit increased to $51.6 billion in December versus $32.8 billion in the year-ago period. Singapore&rsquo;s manufacturing production dropped by 3.1% year-over-year in December.
&nbsp;
<h3>Economics</h3>
<ul>
<li>The US GDP grew by 2.1% in 2022, compared to a 5.9% expansion in 2021.</li>
<li>The Chicago Fed National Activity Index rose to -0.49 in December from -0.51 in the prior month.</li>
<li>The US trade deficit in goods increased to $90.3 billion in December versus a near two-year low level of $82.9 billion a month ago.</li>
<li>Durable goods orders in the US climbed 5.6% month-over-month in December.</li>
<li>US jobless claims dropped by 6,000 from the prior week to 186,000 in the week ending Jan. 21, 2023.</li>
<li>Building permits in the US dropped 1.0% from a month ago to an annual rate of 1.337 million in December.</li>
<li>Wholesale inventories rose 0.1% in December, totalling $934.1 billion.</li>
<li>US new home sales climbed 2.3% month-over-month to an annualised rate of 616,000 in December.</li>
<li>The Kansas City Fed&rsquo;s Manufacturing Production index increased to -4 in January versus a revised reading of -6 in the prior month.</li>
<li>US natural-gas supplies dropped 91 billion cubic feet last week, the EIA said.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/23/01/30581073/volatility-in-markets-decreases-s-p-500-closes-slightly-lower"> Volatility In Markets Decreases, S&amp;P 500 Closes Slightly Lower</a>
&nbsp;
<h3>COVID-19 Update</h3>
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 104,015,450 cases with around 1,130,960 deaths. India confirmed a total of at least 44,682,330 cases and 530,730 deaths, while France reported over 39,498,180 COVID-19 cases with 164,000 deaths. In total, there were at least 674,133,160 cases of COVID-19 worldwide with more than 6,752,550 deaths.

Penny Stocks

Eurozone

Commodities

Small Cap

Global

Intraday Update

ARDS

NTCT

PBLA

WRLD

US GDP Rises 2.9% In Q4; Crude Oil Up Over 1%

U.S. stocks turned lower midway through trading, with the Dow Jones dropping more than 300 points on Wednesday.
The Dow traded down 0.99% to 33,575.05 while the NASDAQ fell 0.61% to 11,027.26. The S&amp;P 500 also fell, dropping, 0.75% to 3,960.85. 
Check This Out: <a href="https://www.benzinga.com/news/23/01/30460552/alphabet-to-rally-around-37-here-are-10-other-analyst-forecasts-for-wednesday"> Alphabet To Rally Around 37%? Here Are 10 Other Analyst Forecasts For Wednesday </a>

Leading and Lagging Sectors 
Energy shares gained by 0.1% on Wednesday. Meanwhile, top gainers in the <a href='https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/'>sector</a> included Forum Energy Technologies, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fet#NYSE">FET</a>), up 7%, and Forum Energy Technologies, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrt#NYSE">NRT</a>), up 5%. 
In trading on Wednesday, consumer staples shares fell by 1.8%.

Top Headline 
Producer prices for final demand in the US fell 0.5% month-over-month in December.

Equities Trading UP
<ul>
<li>Ontrak, Inc.. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/otrk#NASDAQ">OTRK</a>) shares shot up 122% to $1.2792 after the company announced new data that shows a reduction in depression and axiety symptoms for Ontrak Health&#39;s Wholehealth+ program members.</li>
<li>Shares of Sigilon Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sgtx#NASDAQ">SGTX</a>) got a boost, shooting 46% to $0.6012 after Canaccord Genuity initiated coverage on the stock with a Buy rating and a $6 price target.</li>
<li>Energy Vault Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrgv#NYSE">NRGV</a>) shares were also up, gaining 39% to $4.9401 after the company updated Q4 and FY22 expected revenue results.</li>
</ul>

&nbsp;
Equities Trading DOWN
<ul>
<li>Bit Brother Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/btb#NASDAQ">BTB</a>) shares tumbled 69% to $2.0736 after the company reported pricing of $7.1 million registered direct offering.</li>
<li>Shares of Arcimoto, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fuv#NASDAQ">FUV</a>) were down 59% to $2.52 after the company announced pricing of its $12 million public offering.</li>
<li>PAVmed Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pavm#NASDAQ">PAVM</a>) was down, falling 18% to $0.5189 after the company announced a workforce reduction of roughly 20% alongside other cost-cutting measures.</li>
</ul>

Also Check This Out: <a href="https://www.benzinga.com/markets/cryptocurrency/23/01/30463098/bitcoin-trades-above-this-key-level-shiba-inu-emerges-as-top-gainer"> Bitcoin Trades Above This Key Level; Shiba Inu Emerges As Top Gainer</a>

Commodities
In commodity news, oil traded up 1% to $81.00 while gold traded up 0.1% at $1,909.90. 
Silver traded down 0.7% to $23.89 on Wednesday while copper rose 0.6% to $4.2480.
Euro zone 
European shares were mostly higher today. The eurozone&rsquo;s STOXX 600 rose 0.23%, London&rsquo;s FTSE 100 fell 0.26% while Spain&rsquo;s IBEX 35 Index gained 0.4%. The German DAX declined 0.03% French CAC 40 climbed 0.09% and Italy&rsquo;s FTSE MIB Index rose 0.27%. 
Passenger car registrations in the European Union climbed 12.8% year-over-year to 896,967 units during December. Annual inflation rate in the UK declined to 10.5% in December from 10.7% in the prior month. Italy recorded a trade surplus of EUR 1.14 billion in November, recording the first surplus in 12 months.

Asia Pacific Markets 
Asian markets closed mostly higher on Wednesday, with the Hong Kong&rsquo;s Hang Seng Index gaining 0.47%, and China&rsquo;s Shanghai Composite Index rising 0.01%. Japan&rsquo;s Nikkei 225 gained 2.5%. 
The Bank of Japan kept its key short-term interest rate unchanged at -0.1%. Industrial production in Japan rose 0.2% month-over-month in November, while core machinery orders dipped 8.3% month-over-month in November. Foreign direct investment into China surged 6.3% from a year ago to CNY 1.27 trillion during 2022.
&nbsp;
Economics
<ul>
<li>Mortgage applications in the US increased 27.9% in the week ended Jan. 13, 2023.</li>
<li>Retail sales in the US dropped 1.1% month-over-month in December.</li>
<li>Producer prices for final demand in the US fell 0.5% month-over-month in December.</li>
<li>Industrial production in the US dropped by 0.7% month-over-month in December.</li>
<li>The NAHB housing market index rose to 35 in January from 31 in December.</li>
<li>US business inventories increased by 0.4% from a month ago in November.</li>
</ul>

Now Read This: <a href="https://www.benzinga.com/news/earnings/23/01/30455954/markets-turn-more-bullish-ahead-of-earnings"> Markets Turn More Bullish Ahead Of Earnings</a>

COVID-19 Update
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 103,614,410 cases with around 1,125,890 deaths. India confirmed a total of at least 44,681,880 cases and 530,720 deaths, while France reported over 39,461,380 COVID-19 cases with 163,560 deaths. In total, there were at least 672,042,770 cases of COVID-19 worldwide with more than 6,734,120 deaths.

NRGV

OTRK

PAVM

SGTX

US Stocks Turn Lower; Dow Dips Over 300 Points

North European Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRT#NYSE">NRT</a>) reported quarterly earnings of $0.74 per share. This is a 428.57 percent increase over earnings of $0.14 per share from the same period last year.

North European Oil Q4 EPS $0.74 Up From $0.14 YoY

North European Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRT#NYSE">NRT</a>) reported quarterly earnings of $0.46 per share. This is a 206.67 percent increase over earnings of $0.15 per share from the same period last year.

North European Oil Q3 EPS $0.46 Up From $0.15 YoY

WIIM

MARPS

Shares of energy companies are trading higher amid a rise in oil prices.

<h3>Gainers</h3>
<ul>
<li>AMTD Digital Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hkd#NYSE">HKD</a>) climbed 71.5% to close at $27.80 on Monday after gaining 108% on Friday. The company priced its IPO at $7 per share.</li>
<li>SKYX Platforms Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/skyx#NASDAQ">SKYX</a>) jumped 43.2% to close at $4.91.</li>
<li>Qudian Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qd#NYSE">QD</a>) gained 40.3% to close at $1.67 after the company highlighted progress in its QD Food brand and said its 717 Foodies Festival fueled sales of approximately 9.56 million dishes.</li>
<li>Intelligent Living Application Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ilag#NASDAQ">ILAG</a>) shares gained 37.8% to close at $3.10 on Monday after declining 11% on Friday. The company reported closing of $20.24 million initial public offering.</li>
<li>Exela Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xela#NASDAQ">XELA</a>) rose 34.3% to close at $0.1350.</li>
<li>Troika Media Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/trka#NASDAQ">TRKA</a>) gained 31.5% to close at $0.8040.</li>
<li>Tantech Holdings Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tanh#NASDAQ">TANH</a>) jumped 23.1% to close at $0.32 after the company posted a narrower FY loss.</li>
<li>Avenue Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/atxi#NASDAQ">ATXI</a>) shares gained 22.7% to settle at $0.3220.</li>
<li>EZFill Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ezfl#NASDAQ">EZFL</a>) surged 22.5% to settle at $0.79.</li>
<li>Boxed, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/boxd#NYSE">BOXD</a>) rose 21.7% to close at $2.19.</li>
<li>Marathon Digital Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mara#NASDAQ">MARA</a>) gained 21.4% to close at $9.76 in sympathy with the price of Bitcoin.</li>
<li>International Tower Hill Mines Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/thm#NYSE">THM</a>) jumped 20.3% to close at $0.6255.</li>
<li>Trio-Tech International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/trt#NYSE">TRT</a>) gained 19.2% to close at $5.18.</li>
<li>North European Oil Royalty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrt#NYSE">NRT</a>) jumped 19.1% to settle at $14.55. Shares of energy companies traded higher amid a gain in oil prices due to supply concerns after President Biden was unable to secure a commitment from Saudi Arabia for increased output.</li>
<li>Dingdong (Cayman) Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ddl#NYSE">DDL</a>) shares gained 18% to settle at $6.03. Dingdong, last month, said Q1 sales results were up 43.2% year over year.</li>
<li>Calyxt, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clxt#NASDAQ">CLXT</a>) rose 17.6% to close at $0.2410.</li>
<li>Lucira Health, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lhdx#NASDAQ">LHDX</a>) jumped 17.1% to close at $3.01.</li>
<li>SkyWater Technology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/skyt#NASDAQ">SKYT</a>) gained 16.4% to settle at $8.94.</li>
<li>Clear Channel Outdoor Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cco#NYSE">CCO</a>) rose 16% to settle at $1.23.</li>
<li>Inotiv, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/notv#NASDAQ">NOTV</a>) rose 15.9% to close at $12.38 as the company said Envigo has reached an agreement with the US Department of Justice and US Department of Agriculture to resolve civil and administrative complaints.</li>
<li>Puhui Wealth Investment Management Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/phcf#NASDAQ">PHCF</a>) gained 15.9% to close at $0.8768.</li>
<li>Canopy Growth Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cgc#NASDAQ">CGC</a>) rose 15.6% to close at $2.59 following last week&#39;s reports suggesting Senate Democrats will roll out a decriminalization bill this week.</li>
<li>GAN Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gan#NASDAQ">GAN</a>) gained 15.6% to close at $3.33.</li>
<li>Capstone Green Energy Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cgrn#NASDAQ">CGRN</a>) rose 15.4% to close at $1.84. Capstone Green Energy&rsquo;s Alaska distributor Artic Energy has secured a new 12-month Energy-as-a-Service (EaaS) rental contract with a local oil and gas company headquartered in Anchorage.</li>
<li>Expion360 Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xpon#NASDAQ">XPON</a>) gained 14.9% to close at $2.55.</li>
<li>Creative Medical Technology Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/celz#NASDAQ">CELZ</a>) jumped 14.4% to close at $0.73.</li>
<li>Startek, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/srt#NYSE">SRT</a>) gained 14.3% to close at $3.27.</li>
<li>ProKidney Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/prok#NASDAQ">PROK</a>) gained 13.3% to close at $7.95 after dropping 20% on Friday.</li>
<li>Rain Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rain#NASDAQ">RAIN</a>) rose 12.8% to close at $6.42.</li>
<li>Expensify, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/exfy#NASDAQ">EXFY</a>) gained 12.3% to close at $19.66 after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $20 to $25.</li>
<li>Advent Technologies Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adn#NASDAQ">ADN</a>) shares rose 12.2% to settle at $2.95 after the company&#39;s Green HiPo project received official ratification from the European Commission.</li>
<li>The ODP Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/odp#NASDAQ">ODP</a>) gained 12.1% to close at $35.32 after the company issued preliminary Q2 results and announced a $600 million buyback.</li>
<li>Verve Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/verv#NASDAQ">VERV</a>) climbed 11% to close at $26.31. BMO Capital maintained Verve Therapeutics with an Outperform and raised the price target from $48 to $62.</li>
<li>Hut 8 Mining Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hut#NYSE">HUT</a>) climbed 10.8% to close at $1.75. Shares of cryptocurrency-related stocks traded higher amid a rise in the price of Bitcoin.</li>
<li>Rayonier Advanced Materials Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ryam#NYSE">RYAM</a>) gained 9.9% to close at $3.10 after RBC Capital upgraded the stock from Sector Perform to Outperform.</li>
<li>Grab Holdings Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grab#NASDAQ">GRAB</a>) gained 9.6% to close at $2.73 after analysts at JP Morgan upgraded their rating of the stock from Neutral to Overweight.</li>
<li>Coinbase Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/coin#NASDAQ">COIN</a>) rose 9.1% to settle at $58.67. Coinbase Global has secured approval from Italian regulators to provide ongoing crypto services to its resident, the cryptocurrency exchange stated in a blog post.</li>
<li>TAL Education Group (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tal#NYSE">TAL</a>) gained 9% to close at $4.36.</li>
<li>Eton Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eton#NASDAQ">ETON</a>) climbed 8.6% to settle at $3.03. The FDA has approved Eton Pharmaceuticals&rsquo; Zonisade (zonisamide oral suspension) for partial seizures in patients with epilepsy.</li>
<li>Core Scientific, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/corz#NASDAQ">CORZ</a>) gained 8.3% to close at $1.69.</li>
<li>KE Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/beke#NYSE">BEKE</a>) shares climbed 6.9% to settle at $14.94.</li>
<li>Bitfarms Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bitf#NASDAQ">BITF</a>) rose 6.8% to close at $1.25 amid a rise in the price of Bitcoin.</li>
<li>Phoenix New Media Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/feng#NYSE">FENG</a>) gained 6.6% to settle at $5.33. Phoenix New Media, last month, announced it has regained compliance with the NYSE&#39;s continued listing standard for share prices.</li>
<li>LumiraDx Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lmdx#NASDAQ">LMDX</a>) rose 5.5% to close at $2.48 after dropping around 10% on Friday. LumiraDx, last month, announced it achieved CE Mark for two new Fast Lab Solutions molecular tests, including Dual-Target SARS-CoV-2 STAR Complete and SARS-CoV-2 &amp; Flu A/B RNA STAR Complete.</li>
<li>Carnival Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccl#NYSE">CCL</a>) gained 5.1% to close at $9.65 amid overall market strength. Better-than-expected Q2 earnings from Goldman Sachs have lifted market sentiment following recent macro concerns, which have pressured the travel sector this year.</li>
</ul>
&nbsp;
<h3>Losers</h3>
<ul>
<li>United Maritime Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/usea#NASDAQ">USEA</a>) shares dipped 58.7% to close at $2.51 on Monday after the company reported pricing of $26 million offering.</li>
<li>Performance Shipping Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pshg#NASDAQ">PSHG</a>) fell 57.1% to settle at $0.2349 after the company announced a $5.95 million registered direct offering priced at $0.35 per share.</li>
<li>Gorilla Technology Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grrr#NASDAQ">GRRR</a>) dropped 46% to settle at $19.55.</li>
<li>G Medical Innovations Holdings Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gmvd#NASDAQ">GMVD</a>) fell 45.1% to close at $0.5106.</li>
<li>Sesen Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sesn#NASDAQ">SESN</a>) declined 31.6% to close at $0.6157. Based on a thorough reassessment, Sesen Bio has decided to voluntarily pause further development in the U.S. of its lead asset, Vicineum, for non-muscle invasive bladder cancer.</li>
<li>ITHAX Acquisition Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ithx#NASDAQ">ITHX</a>) fell 27.6% to settle at $10.13. ITHAX Acquisition&rsquo;s shareholders recently approved business combination with Mondee.</li>
<li>GlucoTrack, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gctk#NASDAQ">GCTK</a>) declined 25.2% to close at $2.02.</li>
<li>Lion Group Holding Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lghl#NASDAQ">LGHL</a>) dipped 23.7% to close at $1.13.</li>
<li>HTG Molecular Diagnostics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/htgm#NASDAQ">HTGM</a>) fell 20.1% to close at $1.51.</li>
<li>Kalera Public Limited Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kal#NASDAQ">KAL</a>) dipped 18.4% to close at $4.07.</li>
<li>Skillful Craftsman Education Technology Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/edtk#NASDAQ">EDTK</a>) fell 17.6% to close at $0.8410.</li>
<li>MacroGenics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mgnx#NASDAQ">MGNX</a>) fell 16.9% to close at $3.50.</li>
<li>Anavex Life Sciences Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avxl#NASDAQ">AVXL</a>) dipped 16.5% to close at $10.60.</li>
<li>Hillstream BioPharma, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hils#NASDAQ">HILS</a>) fell 16.3% to settle at $1.03.</li>
<li>Shineco, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sisi#NASDAQ">SISI</a>) fell 15.7% to close at $1.18.</li>
<li>Datasea Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dtss#NASDAQ">DTSS</a>) fell 15.7% to close at $1.83. Datasea subsidiary Guohao Century (Beijing) Technology Ltd inked a purchase agreement with Hangzhou Runsheng Network Technology Ltd, a leading marketing service provider, for a consideration of $22.3 million (RMB 150 million).</li>
<li>Lottery.com Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ltry#NASDAQ">LTRY</a>) fell 15.1% to close at $0.8202. Lottery.com said in connection with appointment of Interim CFO, the company initiated review of cash balances and related disclosures, leading the company to preliminarily conclude it has overstated available unrestricted cash balance by about $30 million.</li>
<li>Tuesday Morning Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tuem#NASDAQ">TUEM</a>) fell 13.9% to close at $0.3334.</li>
<li>ProMIS Neurosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pmn#NASDAQ">PMN</a>) dropped 13.8% to close at $5.67.</li>
<li>Mawson Infrastructure Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/migi#NASDAQ">MIGI</a>) fell 13.6% to close at $0.8728 after the company announced a $6.4 million registered direct offering.</li>
<li>Cemtrex, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cetx#NASDAQ">CETX</a>) fell 12.8% to close at $0.3550 after jumping over 30% on Friday.</li>
<li>Aerovate Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avte#NASDAQ">AVTE</a>) fell 12.4% to close at $15.76.</li>
<li>Achilles Therapeutics plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/achl#NASDAQ">ACHL</a>) fell 11.7% to close at $2.34. Achilles Therapeutics recently reported the appointment of James Taylor as Chief Business Officer and Cassian Yee, MD to its Scientific Advisory Board.</li>
<li>NexImmune, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nexi#NASDAQ">NEXI</a>) fell 11.5% to close at $1.62.</li>
<li>BlackLine, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bl#NASDAQ">BL</a>) fell 10.4% to settle at $15.76 after B of A Securities downgraded the stock from Neutral to Underperform and lowered its price target from $75 to $64.</li>
<li>Seagen Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sgen#NASDAQ">SGEN</a>) dropped 5.7% to close at $168.47. Weakness was possibly due to a Friday WSJ report suggesting Merck&#39;s deal for the company will likely not be finalized by Merck&#39;s earnings release.</li>
<li>The Progressive Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pgr#NYSE">PGR</a>) shares declined 5% to settle at $110.29. Progressive, on Friday, reported better-than-expected Q2 EPS results.</li>
<li>Nymox Pharmaceutical Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nymx#NASDAQ">NYMX</a>) fell 5% to close at $0.2850 after surging around 39% on Friday.</li>
</ul>

Movers

Trading Ideas

ACHL

ATXI

AVTE

AVXL

BEKE

BITF

BOXD

CELZ

CETX

CGRN

CLXT

COIN

Core Scientific, Inc. - Class A Common Stock

CORZ

DTSS

EDTK

ETON

EXFY

EZFL

FENG

GCTK

GMVD

GRAB

GRRR

HILS

HTGM

ILAG

ITHX

LGHL

LHDX

LMDX

LTRY

MARA

MGNX

MAWSON INFRSTRUCTURE GRP by Mawson Infrastructure Group Inc.

MIGI

NEXI

NOTV

NYMX

PHCF

PROK

PSHG

RAIN

RYAM

SESN

SGEN

SISI

SKYT

SKYX

TANH

TRKA

TUEM

USEA

VERV

XELA

XPON

Why Qudian Shares Jumped Over 40%; Here Are 73 Biggest Movers From Yesterday

U.S. stocks turned lower toward the end of trading, with the Dow Jones dropping around 80 points on Monday.
The Dow traded down 0.26% to 31,207.66 while the NASDAQ fell 0.34% to 11,412.95. The S&amp;P also fell, dropping, 0.36% to 3,849.18.
<a href="https://www.benzinga.com/news/22/07/28099985/costco-wholesale-and-3-other-stocks-insiders-are-selling">Also check this: Costco Wholesale And 3 Other Stocks Insiders Are Selling </a>

Leading and Lagging Sectors

Energy shares rose 2.4% on Monday. Meanwhile, top gainers in the sector included North European Oil Royalty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrt#NYSE">NRT</a>), up 21% and SEACOR Marine Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/smhi#NYSE">SMHI</a>) up 12%.

In trading on Monday, health care shares fell by 1.5%.

Top Headline
Bank of America Corp&nbsp;(NYSE:<a href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>)&nbsp;reported&nbsp;second-quarter&nbsp;FY22 revenue of&nbsp;$22.7 billion, up&nbsp;6%&nbsp;year-on-year, marginally missing the consensus of&nbsp;$22.78 billion.&nbsp;EPS of&nbsp;$0.73&nbsp;missed the consensus of&nbsp;$0.78.
&nbsp;
Equities Trading UP

Tantech Holdings Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tanh#NASDAQ">TANH</a>) shares shot up 37% to $0.3550 after the company posted a narrower FY loss.

Shares of Qudian Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qd#NYSE">QD</a>) got a boost, shooting 45% to $1.72 after the company highlighted progress in its QD Food brand and said its 717 Foodies Festival fueled sales of approximately 9.56 million dishes.

Advent Technologies Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adn#NASDAQ">ADN</a>) shares were also up, gaining 20% to $3.1608 after the company&#39;s Green HiPo project received official ratification from the European Commission.

Equities Trading DOWN
United Maritime Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/usea#NASDAQ">USEA</a>) shares tumbled 57% to $0.8750 after the company reported pricing of $26 million offering.

Shares of Mawson Infrastructure Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/migi#NASDAQ">MIGI</a>) were down 13% to $0.8750 after the company announced a $6.4 million registered direct offering.

Sesen Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sesn#NASDAQ">SESN</a>) was down, falling 2309% to $0.6261. Based on a thorough reassessment, Sesen Bio has decided to voluntarily pause further development in the U.S. of its lead asset, Vicineum, for non-muscle invasive bladder cancer.

<a href="https://www.benzinga.com/trading-ideas/long-ideas/22/07/28099509/bitnile-and-1-other-stock-under-2-insiders-are-aggressively-buying">Also check out: BitNile And 1 Other Stock Under $2 Insiders Are Aggressively Buying </a>

Commodities
In commodity news, oil traded up 5.1% to $102.60, while gold traded up 0.3% to $1,708.90.

Silver traded up 0.7% to $18.72 on Monday while copper rose 2.6% to $3.3195.
Euro zone

European shares closed higher today. The eurozone&rsquo;s STOXX 600 climbed 0.93%, London&rsquo;s FTSE 100 rose 0.90% while Spain&rsquo;s IBEX 35 Index rose 0.22%. The German DAX gained 0.74%, French CAC 40 rose 0.93% and Italy&rsquo;s FTSE MIB Index gained 1.13%.
Spain recorded a trade deficit of EUR 4.76 billion in May versus a year-ago surplus of EUR 0.14 billion. Italy reported a trade deficit of EUR 12 million in May compared to a surplus of EUR 5.6 billion in the year-ago month.

Economics
&nbsp;
The NAHB housing market index fell to 55 in July, recording the weakest reading since May 2020, down from June&rsquo;s reading of 67. Analysts, however, were expecting a reading of 65.

The Treasury International Capital report for May is scheduled for release at 4:00 p.m. ET.
<a href="https://www.benzinga.com/news/22/07/28095581/why-bank-stocks-traded-sharply-higher-heres-65-biggest-movers-from-friday">Check out this: Why Bank Stocks Traded Sharply Higher; Here Are 65 Biggest Movers From Friday </a>

COVID-19 Update
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 91,275,140 cases with around 1,048,238400 deaths. India confirmed a total of at least 43,767,530 cases and 525,760 deaths, while Brazil reported over 33,301,110 COVID-19 cases with 675,400 deaths. In total, there were at least 567,876,200 cases of COVID-19 worldwide with more than 6,387,860 deaths.

SMHI

U.S. Stocks Turn Lower; Crude Oil Settles Back Above This Level

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 1% on Monday.
The Dow traded up 0.55% to 31,460.80 while the NASDAQ rose 1.15% to 11,584.68. The S&amp;P also rose&nbsp;to 3,890.32.
<a href="https://www.benzinga.com/news/22/07/28099985/costco-wholesale-and-3-other-stocks-insiders-are-selling">Also check this: Costco Wholesale And 3 Other Stocks Insiders Are Selling </a>

Leading and Lagging Sectors

Energy shares rose 2.8% on Monday. Meanwhile, top gainers in the <a href="https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/">sector</a> included North European Oil Royalty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrt#NYSE">NRT</a>), up 20% and BP Prudhoe Bay Royalty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bpt#NYSE">BPT</a>) up 14%.

In trading on Monday, utilities shares fell by 0.7%.

Top Headline

The NAHB housing market index fell to 55 in July, recording the weakest reading since May 2020, down from June&rsquo;s reading of 67. Analysts, however, were expecting a reading of 65.
&nbsp;
Equities Trading UP

Tantech Holdings Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tanh#NASDAQ">TANH</a>) shares shot up 63% to $0.4228 after the company posted a narrower FY loss.

Shares of Qudian Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qd#NYSE">QD</a>) got a boost, shooting 52% to $1.8050 after the company highlighted progress in its QD Food brand and said its 717 Foodies Festival fueled sales of approximately 9.56 million dishes.

Advent Technologies Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adn#NASDAQ">ADN</a>) shares were also up, gaining 26% to $3.3037 after the company&#39;s Green HiPo project received official ratification from the European Commission.

Equities Trading DOWN
United Maritime Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/usea#NASDAQ">USEA</a>) shares tumbled 54% to $2.7850 after the company reported pricing of $26 million offering.

Shares of Mawson Infrastructure Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/migi#NASDAQ">MIGI</a>) were down 11% to $0.90 after the company announced a $6.4 million registered direct offering.

Sesen Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sesn#NASDAQ">SESN</a>) was down, falling 29% to $0.6350. Based on a thorough reassessment, Sesen Bio has decided to voluntarily pause further development in the U.S. of its lead asset, Vicineum, for non-muscle invasive bladder cancer. 
G Medical Innovations Holdings Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gmvd#NASDAQ">GMVD</a>) dropped 23.6% to $0.71.
<a href="https://www.benzinga.com/trading-ideas/long-ideas/22/07/28099509/bitnile-and-1-other-stock-under-2-insiders-are-aggressively-buying">Also check out: BitNile And 1 Other Stock Under $2 Insiders Are Aggressively Buying </a>

Commodities
In commodity news, oil traded up 4% to $101.44, while gold traded up 0.5% to $1,712.60.

Silver traded up 1.6% to $18.885 on Monday while copper rose 4.1% to $3.3655.
Euro zone

European shares were higher today. The eurozone&rsquo;s STOXX 600 climbed 0.94%, London&rsquo;s FTSE 100 rose 0.96% while Spain&rsquo;s IBEX 35 Index rose 0.14%. The German DAX gained 0.64%, French CAC 40 rose 0.92% and Italy&rsquo;s FTSE MIB Index gained 0.96%.
Spain recorded a trade deficit of EUR 4.76 billion in May versus a year-ago surplus of EUR 0.14 billion. Italy reported a trade deficit of EUR 12 million in May compared to a surplus of EUR 5.6 billion in the year-ago month.

Economics
&nbsp;
The NAHB housing market index fell to 55 in July, recording the weakest reading since May 2020, down from June&rsquo;s reading of 67. Analysts, however, were expecting a reading of 65.

The Treasury International Capital report for May is scheduled for release at 4:00 p.m. ET.
<a href="https://www.benzinga.com/news/22/07/28095581/why-bank-stocks-traded-sharply-higher-heres-65-biggest-movers-from-friday">Check out this: Why Bank Stocks Traded Sharply Higher; Here Are 65 Biggest Movers From Friday </a>

COVID-19 Update
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 91,275,140 cases with around 1,048,238400 deaths. India confirmed a total of at least 43,767,530 cases and 525,760 deaths, while Brazil reported over 33,301,110 COVID-19 cases with 675,400 deaths. In total, there were at least 567,876,200 cases of COVID-19 worldwide with more than 6,387,860 deaths.

Nasdaq Rises More Than 1%; Housing Market Index Tumbles To This Much Low Level

<h3>Gainers</h3>
<ul>
<li>Intelligent Living Application Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ilag#NASDAQ">ILAG</a>) shares jumped 90.2% to $4.2792 after declining 11% on Friday. The company reported closing of $20.24 million initial public offering.</li>
<li>Qudian Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qd#NYSE">QD</a>) rose 76.4% to $2.0991 after the company highlighted progress in its QD Food brand and said its 717 Foodies Festival fueled sales of approximately 9.56 million dishes.</li>
<li>Tantech Holdings Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tanh#NASDAQ">TANH</a>) gained 57.9% to $0.4104 after the company posted a narrower FY loss.</li>
<li>AMTD Digital Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hkd#NYSE">HKD</a>) jumped 49.2% to $24.18 after gaining 108% on Friday. The company priced its IPO at $7 per share.</li>
<li>Advent Technologies Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adn#NASDAQ">ADN</a>) shares gained 27% to $3.34 after the company&#39;s Green HiPo project received official ratification from the European Commission.</li>
<li>Marathon Digital Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mara#NASDAQ">MARA</a>) surged 19.7% to $9.63 in sympathy with the price of Bitcoin.</li>
<li>SKYX Platforms Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/skyx#NASDAQ">SKYX</a>) gained 18.6% to $4.07.</li>
<li>IO Biotech, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iobt#NASDAQ">IOBT</a>) surged 18.4% to $5.04.</li>
<li>Clear Channel Outdoor Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cco#NYSE">CCO</a>) gained 17.9% to $1.25.</li>
<li>North European Oil Royalty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrt#NYSE">NRT</a>) rose 16.8% to $14.29. Shares of energy companies traded higher amid a gain in oil prices due to supply concerns after President Biden was unable to secure a commitment from Saudi Arabia for increased output.</li>
<li>Inotiv, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/notv#NASDAQ">NOTV</a>) gained 16.5% to $12.44 as the company said Envigo has reached an agreement with the US Department of Justice and US Department of Agriculture to resolve civil and administrative complaints.</li>
<li>Core Scientific, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/corz#NASDAQ">CORZ</a>) climbed 16.6% to $1.82.</li>
<li>Hut 8 Mining Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hut#NYSE">HUT</a>) gained 16.6% to $1.8450. Shares of cryptocurrency-related stocks traded higher amid a rise in the price of Bitcoin.</li>
<li>Phoenix New Media Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/feng#NYSE">FENG</a>) surged 16% to $5.80. Phoenix New Media, last month, announced it has regained compliance with the NYSE&#39;s continued listing standard for share prices.</li>
<li>Verve Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/verv#NASDAQ">VERV</a>) gained 15% to $27.29. BMO Capital maintained Verve Therapeutics with an Outperform and raised the price target from $48 to $62.</li>
<li>Creative Medical Technology Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/celz#NASDAQ">CELZ</a>) gained 14.5% to $0.7309.</li>
<li>ProKidney Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/prok#NASDAQ">PROK</a>) gained 14% to $8.00 after dropping 20% on Friday.</li>
<li>Rayonier Advanced Materials Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ryam#NYSE">RYAM</a>) jumped 13.5% to $3.20 after RBC Capital upgraded the stock from Sector Perform to Outperform.</li>
<li>Eton Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eton#NASDAQ">ETON</a>) gained 13.5% to $3.1694. The FDA has approved Eton Pharmaceuticals&rsquo; Zonisade (zonisamide oral suspension) for partial seizures in patients with epilepsy.</li>
<li>Expensify, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/exfy#NASDAQ">EXFY</a>) jumped 12.2% to $19.63 after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $20 to $25.</li>
<li>Coinbase Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/coin#NASDAQ">COIN</a>) rose 12.2% to $60.41. Coinbase Global has secured approval from Italian regulators to provide ongoing crypto services to its resident, the cryptocurrency exchange stated in a blog post.</li>
<li>The ODP Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/odp#NASDAQ">ODP</a>) gained 11.1% to $35.02 after the company issued preliminary Q2 results and announced a $600 million buyback.</li>
<li>LumiraDx Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lmdx#NASDAQ">LMDX</a>) rose 10.2% to $2.5899 after dropping around 10% on Friday. LumiraDx, last month, announced it achieved CE Mark for two new Fast Lab Solutions molecular tests, including Dual-Target SARS-CoV-2 STAR Complete and SARS-CoV-2 &amp; Flu A/B RNA STAR Complete.</li>
<li>Bitfarms Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bitf#NASDAQ">BITF</a>) rose 9.8% to $1.2850 amid a rise in the price of Bitcoin.</li>
<li>Carnival Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccl#NYSE">CCL</a>) gained 8.3% to $9.94 amid overall market strength. Better-than-expected Q2 earnings from Goldman Sachs have lifted market sentiment following recent macro concerns, which have pressured the travel sector this year.</li>
<li>SunLink Health Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ssy#NASDAQ">SSY</a>) rose 6.5% to $1.0650. SunLink Health Systems reported a Q3 loss of $0.14 per share in May.</li>
<li>Airbnb, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/abnb#NASDAQ">ABNB</a>) gained 6.3% to $100.64. Airbnb&rsquo;s 10% owner Joseph Gebbia sold a total of 250,000 shares at an average price of $95.32.</li>
<li>Tesla, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) gained 3.1% to $742.18. Barclays maintained Tesla with an Underweight and raised the price target from $370 to $380.</li>
<li>The Boeing Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>) rose 2.7% to $151.73 following news Delta Air placed an order for 100 737-10 Boeing aircraft. Delta has an option to potentially order 30 more aircraft from Boeing.</li>
</ul>
&nbsp;
<h3>Losers</h3>
<ul>
<li>United Maritime Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/usea#NASDAQ">USEA</a>) shares fell 55.5% to $2.70 after the company reported pricing of $26 million offering.</li>
<li>Gorilla Technology Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grrr#NASDAQ">GRRR</a>) were down 45.6% to $19.70.</li>
<li>Sesen Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sesn#NASDAQ">SESN</a>) fell 28.9% to $0.6401. Based on a thorough reassessment, Sesen Bio has decided to voluntarily pause further development in the U.S. of its lead asset, Vicineum, for non-muscle invasive bladder cancer.</li>
<li>G Medical Innovations Holdings Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gmvd#NASDAQ">GMVD</a>) dropped 23.6% to $0.71.</li>
<li>Lottery.com Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ltry#NASDAQ">LTRY</a>) fell 19.1% to $0.7813. Lottery.com said in connection with appointment of Interim CFO, the company initiated review of cash balances and related disclosures, leading the company to preliminarily conclude it has overstated available unrestricted cash balance by about $30 million.</li>
<li>Mawson Infrastructure Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/migi#NASDAQ">MIGI</a>) fell 17.8% to $0.8299 after the company announced a $6.4 million registered direct offering.</li>
<li>Cemtrex, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cetx#NASDAQ">CETX</a>) fell 13.9% to $0.35 after jumping over 30% on Friday.</li>
<li>Skillful Craftsman Education Technology Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/edtk#NASDAQ">EDTK</a>) fell 13.7% to $0.880.</li>
<li>Tuesday Morning Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tuem#NASDAQ">TUEM</a>) dipped 13.6% to $0.3344.</li>
<li>NexImmune, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nexi#NASDAQ">NEXI</a>) fell 11.4% to $1.62.</li>
<li>Nymox Pharmaceutical Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nymx#NASDAQ">NYMX</a>) fell 10% to $0.2701 after surging around 39% on Friday.</li>
<li>Aerovate Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avte#NASDAQ">AVTE</a>) fell 8.3% to $16.50.</li>
<li>BlackLine, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bl#NASDAQ">BL</a>) fell 8.3% to $62.79 after B of A Securities downgraded the stock from Neutral to Underperform and lowered its price target from $75 to $64.</li>
<li>Achilles Therapeutics plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/achl#NASDAQ">ACHL</a>) fell 5% to $2.5187. Achilles Therapeutics recently reported the appointment of James Taylor as Chief Business Officer and Cassian Yee, MD to its Scientific Advisory Board.</li>
</ul>

ABNB

IOBT

TSLA

Tesla, Coinbase Global And 41 Stocks Moving In Monday's Mid-Day Session

ENLC

EQNR

FANG

MTDR

Shares of energy companies are trading higher amid a gain in oil prices due to supply concerns after President Biden was unable to secure a commitment from Saudi Arabia for increased output.

U.S. stocks traded higher this morning, following earnings results from big banks.
The Dow traded up 0.65% to 31,492.58 while the NASDAQ rose 1.25% to 11,595.04. The S&amp;P also rose, gaining, 0.79% to 3,893.64.
<a href="https://www.benzinga.com/news/22/07/28099985/costco-wholesale-and-3-other-stocks-insiders-are-selling">Also check this: Costco Wholesale And 3 Other Stocks Insiders Are Selling </a>

Leading and Lagging Sectors

Energy shares rose 3% on Monday. Meanwhile, top gainers in the <a href='https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/'>sector</a> included North European Oil Royalty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrt#NYSE">NRT</a>), up 12% and Nabors Industries Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nbr#NYSE">NBR</a>) up 8%.

In trading on Monday, utilities shares fell by 0.8%.

Top Headline

Goldman Sachs Group, Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gs#NYSE">GS</a>) reported better-than-expected results for its second quarter on Monday.
The bank reported second-quarter FY22 revenue of $11.86 billion, down 23% year-on-year, squashing the consensus of $10.96 billion. EPS of $7.73 beat the consensus of $7.25.
&nbsp;

Equities Trading UP

Intelligent Living Application Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ilag#NASDAQ">ILAG</a>) shares shot up 84% to $4.1500 after declining 11% on Friday. The company reported closing of $20.24 million initial public offering.

Shares of AMTD Digital Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hkd#NYSE">HKD</a>) got a boost, shooting 51% to $24.49 after gaining 108% on Friday. The company priced its <a href='https://www.benzinga.com/news/ipos'>IPO</a> at $7 per share.

Advent Technologies Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adn#NASDAQ">ADN</a>) shares were also up, gaining 27% to $3.35 after the company&#39;s Green HiPo project received official ratification from the European Commission.

Equities Trading DOWN
United Maritime Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/usea#NASDAQ">USEA</a>) shares tumbled 56% to $2.70 after the company reported pricing of $26 million offering.

Shares of Gorilla Technology Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grrr#NASDAQ">GRRR</a>) were down 28% to $26.01.

Achilles Therapeutics plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/achl#NASDAQ">ACHL</a>) was down, falling 12% to $2.3411. Achilles Therapeutics recently reported the appointment of James Taylor as Chief Business Officer and Cassian Yee, MD to its Scientific Advisory Board.

<a href="https://www.benzinga.com/trading-ideas/long-ideas/22/07/28099509/bitnile-and-1-other-stock-under-2-insiders-are-aggressively-buying">Also check out: BitNile And 1 Other Stock Under $2 Insiders Are Aggressively Buying </a>

Commodities
In commodity news, oil traded up 4.5% to $101.98, while gold traded up 0.7% to $1,715.60.

Silver traded up 1.3% to $18.835 on Monday while copper rose 3.8% to $3.3555.
Euro zone

European shares were higher today. The eurozone&rsquo;s STOXX 600 climbed 1.1%, London&rsquo;s FTSE 100 rose 1% while Spain&rsquo;s IBEX 35 Index rose 0.3%. The German DAX gained 0.8%, French CAC 40 rose 1.2% and Italy&rsquo;s FTSE MIB Index gained 1.3%.
Spain recorded a trade deficit of EUR 4.76 billion in May versus a year-ago surplus of EUR 0.14 billion. Italy reported a trade deficit of EUR 12 million in May compared to a surplus of EUR 5.6 billion in the year-ago month.

Economics
&nbsp;
The NAHB housing market index fell to 55 in July, recording the weakest reading since May 2020, down from June&rsquo;s reading of 67. Analysts, however, were expecting a reading of 65.

The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.

The Treasury International Capital report for May is scheduled for release at 4:00 p.m. ET.
<a href="https://www.benzinga.com/news/22/07/28095581/why-bank-stocks-traded-sharply-higher-heres-65-biggest-movers-from-friday">Check out this: Why Bank Stocks Traded Sharply Higher; Here Are 65 Biggest Movers From Friday </a>

COVID-19 Update
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 91,275,140 cases with around 1,048,238400 deaths. India confirmed a total of at least 43,767,530 cases and 525,760 deaths, while Brazil reported over 33,301,110 COVID-19 cases with 675,400 deaths. In total, there were at least 567,876,200 cases of COVID-19 worldwide with more than 6,387,860 deaths.

Why U.S. Stocks Are Trading Higher; Goldman Sachs Tops Q2 Views

Press Releases

NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE DISTRIBUTION FOR THE SECOND QUARTER OF FISCAL 2024

NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE DEATH OF ONE OF ITS TRUSTEES

NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE DISTRIBUTION FOR THE THIRD QUARTER OF FISCAL 2024

NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE APPOINTMENT OF TWO NEW TRUSTEES

NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE DISTRIBUTION FOR THE FOURTH QUARTER OF FISCAL 2024

NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE DISTRIBUTION FOR THE FIRST QUARTER OF FISCAL 2025

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