Streetbeat News

Equity Actions

ALG

Alamo Group has announced a plan to repurchase up to $50 million of its outstanding common stock. This move is likely to impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:19 pm

TEAM

Atlassian's board has approved a new $1.5 billion share repurchase program following the completion of its existing $1.0 billion buyback. The repurchases may occur through open market, private transactions, or trading plans, with no fixed expiration date.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:16 pm

CVCO

Cavco Industries has announced a new $100 million stock repurchase program, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:07 pm

CWH

Camping World Holdings (CWH) stock fell by 10.9% after announcing a $300 million stock offering. The proceeds will be used for general corporate purposes, including debt reduction.

Portfolio Pulse from Henry Khederian

October 31, 2024 | 6:30 pm

BNGO

Bionano Genomics shares declined following the announcement of a $3 million registered direct offering.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 4:52 pm

MVPA

OCTA

TTE

TotalEnergies reported a Q3 EPS miss but exceeded revenue expectations. Despite a decline in LNG and production, the company plans a $2 billion share buyback for Q4 2024. TTE shares are down 1.42% premarket.

Portfolio Pulse from Lekha Gupta

October 31, 2024 | 3:48 pm

ENVX

Enovix Corp (NASDAQ:ENVX) shares fell 14.1% after announcing a $100 million public offering to fund high-volume manufacturing at its Malaysian facility. The offering follows better-than-expected Q3 results and a new development agreement with a leading smartphone OEM.

Portfolio Pulse from Adam Eckert

October 31, 2024 | 3:45 pm

CSB

SIXL

WEN

Wendy's reported mixed Q3 results with revenue growth beating estimates but a narrowed EPS outlook. Despite a 2.9% revenue increase, shares fell 4.43%. The company repurchased shares and declared a dividend, but operating profit declined due to higher costs.

Portfolio Pulse from Lekha Gupta

October 31, 2024 | 3:36 pm

SYTA

SYTAW

Siyata Mobile Inc. has secured a $7 million equity line of credit with Hudson Global Ventures, providing a flexible funding solution that minimizes shareholder dilution and supports growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 3:26 pm

CASK

Heritage Distilling Holding Company, Inc is set to IPO on November 1st on NASDAQ under the ticker CASK, with shares priced between $4.50 and $5.50. The insider lock-up period will last until April 30, 2025.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 3:00 pm