El interés en corto de WANG & LEE Group da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de WANG & LEE Group. Los datos de interés en corto se actualizan cada dos semanas.

WANG & LEE Group (NASDAQ:WLGS) Bolsa, Informe de interés en corto

WANG & LEE Group

WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED (WLHK). WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, and water supply and sewage disposal systems.

WANG & LEE Group Inc

Telsey Advisory Group analyst Joseph Feldman maintains Traeger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COOK#NYSE">COOK</a>) with a Market Perform and maintains $2.5 price target.

News

Price Target

Analyst Ratings

COOK

Telsey Advisory Group Maintains Market Perform on Traeger, Maintains $2.5 Price Target

HC Wainwright &amp; Co. analyst Mitchell Kapoor initiates coverage on Ionis Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IONS#NASDAQ">IONS</a>) with a Buy rating and announces Price Target of $45.

Initiation

IONS

HC Wainwright & Co. Initiates Coverage On Ionis Pharmaceuticals with Buy Rating, Announces Price Target of $45

D. Boral Capital analyst Jason Kolbert maintains Anavex Life Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVXL#NASDAQ">AVXL</a>) with a Buy and maintains $46 price target.

AVXL

D. Boral Capital Maintains Buy on Anavex Life Sciences, Maintains $46 Price Target

Needham analyst Mike Cikos reiterates DigitalOcean Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCN#NYSE">DOCN</a>) from Hold to Hold.

Reiteration

DOCN

Needham Reiterates Hold on DigitalOcean Holdingsto Hold

D. Boral Capital analyst Jason Kolbert maintains OS Therapies (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/OSTX#AMEX">OSTX</a>) with a Buy and maintains $20 price target.

OSTX

D. Boral Capital Maintains Buy on OS Therapies, Maintains $20 Price Target

HC Wainwright &amp; Co. analyst Robert Burns maintains Bicara Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCAX#NASDAQ">BCAX</a>) with a Buy and lowers the price target from $45 to $44.

BCAX

HC Wainwright & Co. Maintains Buy on Bicara Therapeutics, Lowers Price Target to $44

Magnificent 7 stocks, which are the heavyweights in the benchmark indices of the U.S. stock market, declined in premarket on Monday, extending the fall from the tariff-induced selloff last week.
What Happened: Shares of Elon Musk&#8216;s Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Mark Zuckerberg&#8216;s Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) dropped the most by 5.19%% and 2.47%, respectively, as of the publication of this article.
The other components of the Magnificent 7 were all down over 1%. Tesla and Jensen Huang&#8216;s Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) have had the steepest fall on a year-to-date basis in 2025.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Stocks</td>
<td>Monday Premarket</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>-3.34%</td>
<td>-31.81%</td>
</tr>
<tr>
<td>Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)</td>
<td>-2.96%</td>
<td>-22.75%</td>
</tr>
<tr>
<td>Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)</td>
<td>-1.43%</td>
<td>-14.03%</td>
</tr>
<tr>
<td>Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)</td>
<td>-2.51%</td>
<td>-22.35%</td>
</tr>
<tr>
<td>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)</td>
<td>-2.05%</td>
<td>-22.50%</td>
</tr>
<tr>
<td>Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)</td>
<td>-2.47%</td>
<td>-15.77%</td>
</tr>
<tr>
<td>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>-5.19%</td>
<td>-36.87%</td>
</tr>
</tbody>
</table>
</figure>
The market has been witnessing a staggering crash since Thursday, after President Donald Trump unveiled tariffs on U.S. trading partners on Wednesday after the close. Top analysts and economists have issued recession warnings following the introduction of these policy changes.
Goldman Sachs increased its recession probability forecast to <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44645681/jpmorgan-raises-recession-risk-to-60-as-largest-us-tax-hike-in-60-years-hits-global-economy?">45% from 35%</a> on Sunday, following a prior hike a month ago, attributing the increased risk to tighter financial conditions and higher policy uncertainty, a view shared by JPMorgan, which raised its global <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/44645681/jpmorgan-raises-recession-risk-to-60-as-largest-us-tax-hike-in-60-years-hits-global-economy?_gl=1&#x2A;1mnei8t&#x2A;_gcl_au&#x2A;NzQyMjgxNjUuMTczNzYwNzI4NQ..&#x2A;_ga&#x2A;ZGVsZXRlZA..&#x2A;_ga_V7ZK73W7N0&#x2A;MTc0NDAyMzE1Ny4yNDYuMS4xNzQ0MDIzMjMyLjAuMC4w">recession odds to 60%</a> last week. However, Jefferies analysts suggest these factors, including Trump&#8217;s tariffs, could offer tech companies a &#8220;Free Hall Pass&#8221; to revise their financial guidance
As reported <a href="https://markets.businessinsider.com/news/stocks/tariffs-free-hall-pass-to-reset-big-tech-profit-guidance-2025-4">by</a> Business Insider, the firm&#8217;s lead analyst, Brent Thill, suggests companies can leverage this crisis to set lower, more attainable estimates, potentially boosting investor sentiment and stock performance. 
See Also: <a href="https://www.benzinga.com/25/04/44662164/us-stock-futures-slump-following-massive-tariff-induced-selloff-experts-warn-of-a-brewing-great-depression-like-pattern">US Stock Futures Slump Following Massive Tariff-Induced Selloff: Experts Warn Of A Brewing &#8216;Great Depression-Like&#8217; Pattern</a>
Why It Matters: The movement in these seven stocks has a huge impact on the overall market as they comprise nearly 32% of the S&amp;P 500&#8217;s weight.
As of Friday, the S&amp;P 500 was nearing the bear market zone as it closed 17.46% lower than its previous record high of 6,147.43 points.
Dow was 14.99% down from its 52-week high of 45,073.63 points, whereas the Nasdaq 100 was already in the bear market territory, 21.71% lower from its high of 22,222.61 points.
The hopes of a <a href="https://www.benzinga.com/25/04/44661029/trump-and-fed-stand-firm-lack-of-a-put-could-drive-the-market-lower-very-quickly-warns-expert">Fed &#8216;put&#8217; remained on standby</a> as Jerome Powell said Friday that "It is too soon to say what will be the appropriate path for monetary policy.&#8221;
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, declined in premarket on Monday. The SPY was down 2.10% to $494.66, while the QQQ declined 2.24% to $413.21, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/04/44662730/bill-ackman-slams-commerce-secretary-lutnick-for-ignoring-stock-market-crash-he-and-cantor-are-long-bonds">Bill Ackman Slams Commerce Secretary Howard Lutnick For Ignoring Stock Market Crash: &#8216;He And Cantor Are Long Bonds&#8217;</a></li>
</ul>
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Equities

Markets

General

AAPL

AMZN

GOOG

MSFT

NVDA

TSLA

Tesla, Nvidia, Apple And Other 'Magnificent 7' Peers Tank In Monday Premarket: What's Going On?

HC Wainwright &amp; Co. analyst Raghuram Selvaraju reiterates Anavex Life Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVXL#NASDAQ">AVXL</a>) with a Buy and maintains $42 price target.

HC Wainwright & Co. Reiterates Buy on Anavex Life Sciences, Maintains $42 Price Target

Together, Domino's and WorkInProgress have navigated a post-pandemic world, helping Domino's face economic and categorical headwinds to maintain its No. 1 position

Domino's Extends WorkInProgress Partnership Through 2027; Celebrates Breakthrough Campaigns, No. 1 Pizza Brand Status

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
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 oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Instacart (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CART#NASDAQ">CART</a>)</h3>
<ul>
<li>On April 3, Wells Fargo analyst Ken Gawrelski maintained Maplebear with an Equal-Weight rating and lowered the price target from $47 to $44. The company's stock fell around 6% over the past month and has a 52-week low of $29.84.</li>
<li>RSI Value:30</li>
<li>CART Price Action: Shares of Instacart fell 6.6% to close at $37.37 on Friday.</li>
<li>Edge Stock Ratings: 73.72 Momentum score with Value at 57.23. </li>
</ul>
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/quote/cart"><img loading="lazy" decoding="async" width="440" height="168" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07071358/image-57.png" alt="" class="wp-image-859673" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07071358/image-57.png 440w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07071358/image-57-300x115.png 300w" sizes="(max-width: 440px) 100vw, 440px" /></a></figure>
<h3 class="wp-block-heading">Walmart Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On March 20, Stifel analyst Mark Astrachan maintained Walmart with a Hold and lowered the price target from $99 to $93. The company's stock fell around 9% over the past month and <a href="https://www.benzinga.com/quote/WMT">has a 52-week low</a> of $58.56.</li>
<li>RSI Value: 29.5</li>
<li>WMT Price Action: Shares of Walmart dipped 4.7% to close at $83.19 on Friday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0407">trend in WMT stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0407"><img loading="lazy" decoding="async" width="917" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07071504/image-58.png" alt="" class="wp-image-859674" style="width:535px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07071504/image-58.png 917w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07071504/image-58-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07071504/image-58-768x701.png 768w" sizes="(max-width: 917px) 100vw, 917px" /></a></figure>
<h3 class="wp-block-heading">Archer-Daniels-Midland Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADM#NYSE">ADM</a>)</h3>
<ul>
<li>On March 27, ADM And Mitsubishi signed a memorandum of understanding to explore potential areas of collaboration across agriculture supply chain. The company's stock fell around 12% over the past month and has a 52-week<a href="https://www.benzinga.com/quote/ADM"> low of $43.01</a>.</li>
<li>RSI Value: 22.4</li>
<li>ADM Price Action: Shares of Archer-Daniels-Midland fell 8.9% to close at $43.32 on Friday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential breakout in <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0407">ADM shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0407"><img loading="lazy" decoding="async" width="798" height="737" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07071553/image-59.png" alt="" class="wp-image-859676" style="width:462px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07071553/image-59.png 798w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07071553/image-59-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/07071553/image-59-768x709.png 768w" sizes="(max-width: 798px) 100vw, 798px" /></a></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/analyst-ratings/price-target/25/04/44645517/wall-streets-most-accurate-analysts-give-their-take-on-3-health-care-stocks-with-over-4-dividend-yields-2">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Health Care Stocks With Over 4% Dividend Yields</a> </li>
</ul>
Curious about other BZ Edge Rankings? Click here to discover <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">how similar stocks measure up</a>.
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Dividends

Pre-Market Outlook

Trading Ideas

CART

Top 3 Defensive Stocks That Are Preparing To Pump This Month

CureVac N.V. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cvac#NASDAQ">CVAC</a>) ("CureVac"), a global biotech company developing a new class of transformative medicines based on messenger ribonucleic acid ("mRNA"), today announced that the U.S. Food and Drug Administration
CureVac N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVAC#NASDAQ">CVAC</a>) ("CureVac"), a global biotech company developing a new class of transformative medicines based on messenger ribonucleic acid ("mRNA"), today announced that the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug (IND) application for a Phase 1 clinical study of CVHNLC in patients with squamous non-small cell lung cancer (sqNSCLC). CVHNLC is CureVac's investigational mRNA-based precision immunotherapy consisting of two different mRNA constructs encoding eight tumor-associated antigens (TAAs) with prevalence across sqNSCLC patients. Encoded antigens include a novel class of TAAs that have not been previously tested in cancer immunotherapy trials.
The phase 1, dose-finding, open-label study will assess the safety and tolerability of CVHNLC plus pembrolizumab in patients with advanced sqNSCLC. The study comprises a dose-escalation part (Part A) of first-line maintenance treatment after either chemotherapy combined with pembrolizumab or pembrolizumab monotherapy. This is followed by an optional dose expansion part (Part B) in which CVHNLC is tested in combination with first-line chemotherapy and pembrolizumab.

Government

Penny Stocks

Regulations

Small Cap

CVAC

CureVac Gets FDA Green Light for Lung Cancer Trial With mRNA-Based Immunotherapy

WIIM

SPDR Dow Jones Industrial Average ETF Trust

Major indexes are lower on continued weakness following President Trump's recent tariff announcements, which have caused global trade war concerns.

Wallbox Celebrates 100K EV Chargers Made In Arlington; Commits To Long-Term U.S. Electrification Push

enCore Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EU#NASDAQ">EU</a>) (TSXV:<a class="ticker" href="https://www.benzinga.com/stock/EU#TSXV">EU</a>) (the "Company" or "enCore"), announced today the results of the most successful month at the Alta Mesa In-Situ Recovery Uranium Central Processing Plant ("CPP") since commencing operations in June 2024. Following previously announced improvements to operations (see <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4399711-1&amp;h=2814273370&amp;u=https%3A%2F%2Fencoreuranium.com%2Fnews%2Fencore-energy-expands-uranium-extraction-capacity-at-alta-mesa-accelerated-wellfield-development-underway%2F&amp;a=EU+NR+dated+March+13%2C+2025">EU NR dated March 13, 2025</a>) with the goal of expanding uranium extraction, decreasing unnecessary costs and increasing efficiency, the Company captured 50,000 pounds of uranium ("U3O8") in the last 26 days in March 2025.&nbsp; With a healthy treasury including unencumbered cash, inventory and marketable securities of ~$40 million USD, the Company continues to improve Alta Mesa CPP operations and the wellfield development program, which is now on track to meet 2025 contract projections. The Company also announced the appointment of Rob Willette, Acting Chief Executive Officer ("A/CEO"), to the Board of Directors and the promotion of Daniel Calderon to Director of Texas Operations. &nbsp;Mr. Willette will hold the Board seat dedicated to the Chief Executive Officer until such time a permanent appointment is made.
 &nbsp;

TSXV:EU

enCore Energy Boosts Production, Appoints Acting CEO Rob Willette to Board Amid Strong Cash Reserves, Hits Uranium Output Milestone With 50,000 Pounds Captured in March

cbdMD initiated this process in March 2021, with the submission of a comprehensive dossier detailing the ingredient's identity, quality, stability, hemp sourcing, extraction controls, labeling, testing requirements, usage instructions, and extensive safety data. In February 2022, cbdMD became the first U.S. brand to receive dossier validation. Since then, cbdMD has worked closely with the FSA, actively addressing inquiries to expedite the regulatory review process.

Health Care

YCBD

Cbdmd Announces That Food Dossier Has Advanced To The Last Phase Of Regulatory Assessment With The UK Food Standards Agency, Nearing Final Approval

EON Resources Inc. (NYSE:<a href="https://www.benzinga.com/stock/EONR#NYSE">EONR</a>) ("EON" or the "Company") is an independent upstream energy company with oil and gas properties in the Permian Basin. Given the current volatility in the market, the Company's contractual hedging program mitigates the negative impact of reduced oil price risk through the end of CY 2025.
Approximately 70% of the Company's oil production is contractually hedged.
Hedge prices the Company receives are from $70.10 to $70.50 per barrel.
The hedges are established and fixed in volume and price for the next 9 months.
"EON has a very responsible hedging program designed to protect the Company from volatile swings in oil prices as we have witnessed this week apparently driven by the expected increase in oil production by Saudi Arabia," said Mitchell B. Trotter, CFO of EON. "While we do not believe that the current oil price volatility will last for an extended period of time, our hedging program mitigates a negative impact to our financial results."

EONR

EON Resources Locks In Oil Prices at $70+ Through 2025 to Guard Against Market Volatility

HC Wainwright &amp; Co. analyst Yi Chen maintains AngioDynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGO#NASDAQ">ANGO</a>) with a Buy and raises the price target from $15 to $16.

ANGO

HC Wainwright & Co. Maintains Buy on AngioDynamics, Raises Price Target to $16

<a href="https://www.globenewswire.com/Tracker?data=Yw-TWCZN9-grHtHI6xQ1MISsc5A_cnAd6iOP9HS2de_E9bO6kmRPpQ7-DdhCIp1XU_MLP8EPDO09LPQydV9zw0TvgUE4ojq7agmELTp5-SL1MHzrzstoyetmyPIknCr7">Plymouth Industrial REIT, Inc.</a> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLYM#NYSE">PLYM</a>) (the "Company" or "Plymouth") provided an activity update for the first quarter of 2025. The Company also announced details for its first quarter earnings conference call and webcast to be held on May 2, 2025.
Jeff Witherell, Chief Executive Officer and Co-Founder of Plymouth, noted, "Our strong leasing activity in the first quarter underscores the continued demand for well-located, functional industrial space across our markets. Additionally, our acquisition activity remains disciplined and strategic, as we continue to expand our footprint in key logistics hubs with assets that we expect will offer immediate cash flow and long-term value creation."
Leasing Activity Leases commencing during the first quarter ended March 31, 2025, all of which have terms of at least six months, totaled an aggregate of 2,437,267 square feet. These leases included 1,540,756 square feet of renewal leases and 896,511 square feet of new leases. Excluding the effect of the previously announced executed two-year lease at our 769,500-square-foot Class A building in St. Louis (the "St. Louis lease") that commenced on January 15, 2025, rental rates under these leases reflect a 16.2% increase on a cash basis with renewal leases reflecting a 15.0% increase on a cash basis and new leases reflecting a 22.1% increase on a cash basis. Including the St. Louis lease, the overall rental rates would have increased 9.6% on a cash basis and new leases would have increased 0.9% on a cash basis.
Same store occupancy at March 31, 2025, was 94.7%.&nbsp;&nbsp; Total portfolio occupancy at March 31, 2025, was 94.3% which reflects changes from last quarter including a 210-basis-point positive impact from the St. Louis lease, a 45-basis-point positive impact from leasing in in Cleveland, a 15-basis-point positive impact from acquisitions in Cincinnati and Atlanta markets and a net 70-basis-point negative impact from other leasing activity in the quarter.
Executed leases that will commence during 2025, all of which have terms of at least six months, totaled an aggregate of 4,652,684 square feet. These leases, which represent 56.3% of total 2025 expirations, include 3,731,230 square feet of renewal leases (30.0% of these renewal leases were associated with contractual renewals; there only remains a potential of 120,641 square feet of contractual renewals left in 2025) and 921,454 square feet of new leases, of which 740,487 square feet was vacant at the start of 2025. Excluding the effect of the St. Louis lease, rental rates under these leases reflect a 21.8% increase on a cash basis with renewal leases reflecting a 14.7% increase in rental rates on a cash basis and new leases reflecting a 15.3% increase on a cash basis. Including the St. Louis lease, the overall rental rates would have increased 12.1% on a cash basis and new leases would have increased 1.7% on a cash basis.
Acquisition Activity During the first quarter of 2025, Plymouth closed on the acquisition of six industrial buildings totaling 801,161 square feet for a total of $65.1 million and a weighted average initial estimated net operating income ("NOI") yield of 6.8%. Taken together, these 100% leased properties feature a weighted average remaining lease term of 4.4 years. The first quarter activity comprises the following:
<ul>
<li>263,000 square foot industrial building in Cincinnati, Ohio for $23.3 million and an initial estimated NOI yield of 6.7%.</li>
<li>Madison International's 98% joint venture interest in a 297,583 square-foot warehouse facility in Atlanta, Georgia with 100% occupancy for $23.9 million and an initial estimated NOI yield of 6.8%.</li>
<li>The second tranche of the previously announced Cincinnati small bay industrial portfolio consisting of four buildings totaling 240,578 square feet for $17.9 million and representing an estimated NOI yield of 7.0%. &nbsp;</li>
</ul>
Market Portrait Series&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; We issued our second Market Portrait with Avison Young highlighting the Memphis industrial market - America's Distribution Center. The Portrait can be found on our corporate website under <a href="https://www.globenewswire.com/Tracker?data=WQ1381YMiTO9gZWqd6tj-ZMNvBYqYE254AygMFMeZN-NmRG6lwAoC9wkc5l3i0enOvFVcIPhVSa3mZAMfWPTGJ-SH_EgQtJUEfOrT84QgHfbXvBabSov5t2KEBwWZyhP5rDZEB_m8nKSLeJgBwdHyw==">Portfolio / Portfolio Map / Memphis</a>.
Known as "America's Distribution Center," Memphis' freight transportation infrastructure connects companies to nearly every major national and international market. Home to the FedEx World SuperHub, Memphis offers local companies an advantage as the cutoff time to drop off packages for next day delivery is later than counterparts in other U.S. cities. The market is served by five Class 1 railroads and is a key market where the eastern railroads CSX and NS can interconnect with western railroads BNSF and UP. In addition, Canadian National offers a key connection from the Gulf Coast to Canada via Memphis. The Memphis region is serviced by six interstate highways, the most significant being I-55 connecting Chicago to New Orleans and I-40 connecting California to North Carolina.
As of December 31, 2024, Memphis was our largest wholly-owned single market position with 63 buildings across approximately 6.4 million square feet.

PLYM

Plymouth REIT Signs Over 2.4M Square Feet in Q1 Leases, Expands Footprint With $65M in New Property Deals, Boosts Occupancy in Key Logistics Hubs

<ul>
<li>TNX-102 SL is a sublingual formulation of cyclobenzaprine designed for transmucosal delivery and durable activity in treating fibromyalgia</li>
<li>TNX-102 SL demonstrated statistically significant improvement in the primary endpoint of reduction in fibromyalgia pain in two pivotal double-blind randomized Phase 3 studies</li>
<li>FDA Prescription Drug User Fee Act (PDUFA) goal date of August 15, 2025, for TNX-102 SL for the management of fibromyalgia</li>
<li>If approved by FDA, it would become the first member of a new class of non-opioid analgesic drugs for fibromyalgia and the first new drug for treating fibromyalgia in more than 15 years</li>
</ul>

Biotech

TNXP

Tonix Pharmaceuticals Presented Data And Analyses Of TNX-102 SL Treatment Effects On Fibromyalgia At The American Academy of Pain Medicine (AAPM) 2025 Annual Meeting

BRKR

Bruker Launches 1.3 GHz High-Resolution Nuclear Magnetic Resonance System

Press Releases

WANG & LEE'S INNOVATIVE CRYPTO DIVIDEND STRATEGY: PROTECTING SHAREHOLDERS

Wang & Lee Group, Inc. Announces Acquisition of Solar (HK) Limited, Paving the Way for Global Renewable Crypto Mining

WANG & LEE GROUP, INC. AND LINKO SMART TECHNOLOGY FORGE EXCLUSIVE COLLABORATION TO PIONEER AI-DRIVEN, SUSTAINABLE SMART HOME ECOSYSTEMS

WANG & LEE GROUP, INC., LINKO, AND HK GOLDEN, INC. LAUNCH STRATEGIC ALLIANCE TO REVOLUTIONIZE MEDIA MONETIZATION IN SUSTAINABLE SMART HOMES

Wang & Lee Group Announces Pricing of $12.0 Million Registered Direct Offering

Wang and Lee Group CEO and NQ Marble Director to Conduct Onsite Quarry Inspection in Australia, Eyeing Dual Revenue Streams and ESG Leadership

WANG & LEE GROUP ANNOUNCES SUCCESSFUL COMPLETION OF HONG KONG'S FIRST LOCALLY DEVELOPED SMART FLOORING PROJECT, TRANSFORMING STEPS INTO CLEAN ENERGY

WANG AND LEE GROUP, INC. ANNOUNCES STRATEGIC INVESTMENT IN TROOPS, INC. TO DRIVE INNOVATION IN SMART BUILDING SOLUTIONS AND EXPAND ESG TOKEN REWARD ECOSYSTEM

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