Streetbeat News

Equity Actions

SIRI

SiriusXM Holdings Inc (NASDAQ:SIRI) shares are rising after Berkshire Hathaway increased its stake in the company by purchasing over 3.5 million shares. Despite a 54% decline in shares this year due to subscriber and revenue challenges, Berkshire now holds a 32% stake. Analysts have mixed ratings on the stock, with price targets ranging from $20 to $43.

Portfolio Pulse from Adam Eckert

October 14, 2024 | 1:26 pm

DLPN

Dolphin Entertainment, Inc. (NASDAQ:DLPN) announced a 1-for-2 reverse stock split effective October 16, 2024, to regain compliance with NASDAQ's $1.00 minimum bid price requirement. The stock will trade on a split-adjusted basis starting that day.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:19 pm

SIRI

Sirius XM shares are experiencing an increase in trading value following Berkshire Hathaway's decision to increase its stake in the company.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 12:48 pm

LUV

Elliott Management is pushing for a special shareholder meeting at Southwest Airlines to propose the election of eight new independent directors and the removal of eight current ones. They urge Southwest to set a meeting date promptly.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 12:48 pm

MGRX

Mangoceuticals has announced a 1-for-15 reverse stock split effective October 16 to regain compliance with Nasdaq listing requirements.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 7:37 am

IVA

Inventiva has raised up to €348 million to fund its Phase 3 NATiV3 clinical trial for MASH, with €94.1 million already secured. The funds will advance the trial of lanifibranor in over 1,100 patients. Additionally, new board appointments have been announced.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 7:19 am

FBGL

FBS Global Limited (NASDAQ:FBGL) is set to go public on Oct. 14 with a price range of $4.50 to $5.00 per share. The company will offer 2,250,000 shares at $4.75 each, with a 180-day insider lock-up period.

Portfolio Pulse from Benzinga Insights

October 13, 2024 | 8:37 pm

OKUR

Okur Cormorant Asset Management has reported a 14.98% passive stake in Onkure Therapeutics, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 8:38 pm

AZ

A2Z Cust2Mate Solutions Corp. announced a $1.8M registered direct offering of 642,860 common shares at $2.80 per share. The proceeds will be used for working capital and general corporate purposes. The transaction is expected to close around October 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 8:11 pm

BAC

BRK

Bank of America shares are trading higher despite Berkshire Hathaway reducing its stake below 10%. Berkshire sold 9.5 million shares at an average price of $40.04, now holding a 9.98% stake. This move means Berkshire is no longer required to promptly report transactions to the SEC.

Portfolio Pulse from Dylan Berman

October 11, 2024 | 6:14 pm