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Equity Actions

THC

Tenet Healthcare Corporation (NYSE: THC) reported strong Q1 earnings, with sales of $5.37 billion, beating the consensus of $5.15 billion. The company announced a $1.5 billion share buyback program and raised its FY 2024 revenue guidance. Adjusted EBITDA for Q2 2024 was $945 million, up from $843 million a year ago. THC stock rose 5.28% following the news.

Portfolio Pulse from Vandana Singh

July 24, 2024 | 2:21 pm

HIBB

QDEL

QuidelOrtho shares are trading higher after the company announced it will replace Hibbett in the S&P SmallCap 600.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 2:20 pm

OS

Trading halt status was updated at 10:10:00 AM ET for an IPO security, which has now been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 2:10 pm

FLEX

Flex Ltd. (NASDAQ:FLEX) shares surged after the company reported better-than-expected Q1 earnings and revenue. The company also announced a CFO transition, with Paul Lundstrom stepping down and Jaime Martinez taking over as Interim CFO. Flex provided optimistic guidance for Q2 and FY25.

Portfolio Pulse from Nabaparna Bhattacharya

July 24, 2024 | 1:54 pm

VWE

Vintage Wine Estates shares are trading lower following the company's announcement of a bankruptcy filing, voluntary delisting, and SEC deregistration.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:15 pm

TNFA

TNF Pharmaceuticals has changed its stock ticker to 'TNFA' to better reflect its focus on TNF-alpha inhibitors for regulating the immuno-metabolic system.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 1:07 pm

AVTR

Avantor shares are trading higher following the announcement that the stock will join the S&P MidCap 400.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:52 pm

EHC

Encompass Health has announced a 13% increase in its quarterly dividend to $0.17 per share and has reset its stock repurchase authorization to $500 million.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:31 pm

LLAP

Terran Orbital shares are trading lower after the company announced a $98 million offering.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:28 pm

NUWE

Nuwellis shares are trading lower following the announcement of a $2 million public offering of 469,340 common shares at $4.24 per share.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:24 pm