Streetbeat News

Equity Actions

XXII

22nd Century has announced the pricing of its $5.25M public offering of 10M units at $0.525 per unit.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:17 pm

MTAL

Metals Acquisition Limited has announced a $20M private placement equity financing of 1,827,096 shares at $11 per share.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:06 pm

JNJ

Johnson & Johnson (JNJ) has announced a 2-year restructuring program in its MedTech unit, which will involve exiting certain markets and product lines. The estimated costs for this restructuring program are between $700M-$800M.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:06 pm

WAVD

WaveDancer has announced a 1-for-10 reverse stock split. This action is typically taken by companies to increase the market price of their shares.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 1:02 pm

AAPL

BTCUSD

TSLA

The article covers a range of topics including US politics, world politics, Israel-Hamas conflict, tech, electric vehicles, consumer, communication, and space. Key highlights include Tesla's recall of nearly 55,000 Model X, a crypto whale losing $49K in 10 minutes due to Bitcoin ETF rumors, and Biden's planned visit to Israel. Other notable mentions include Apple's resilience in the global smartphone market, Rolls-Royce's plan to cut up to 2,500 jobs, and Netflix's intensified foray into gaming.

Portfolio Pulse from Akanksha Bakshi

October 17, 2023 | 12:37 pm

ARKK

TSLA

Cathie Wood's Ark Invest sold 7,759 shares of Tesla (TSLA) on Monday, valued at $1.97 million. This comes amid Tesla's rebound ahead of its Q3 results. Despite Tesla's recent gains, the stock is still trading below its year's intra-day high of $299.29. Ark has been selling Tesla shares since mid-June, despite remaining bullish about the company's prospects. Tesla is set to report its Q3 results on Wednesday.

Portfolio Pulse from Shanthi Rexaline

October 17, 2023 | 12:37 pm

LUNA

Luna Innovations has appointed George Gomez-Quintero as its new Chief Financial Officer (CFO), succeeding Gene Nestro.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:37 pm

CSBR

Champions Oncology has announced the appointment of Brady Davis as its new President. The company, listed as CSBR, is expected to benefit from Davis's extensive experience in the healthcare sector.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:33 pm

CLRB

Cellectar Biosciences, Inc. (NASDAQ:CLRB) has expanded its commercialization leadership team ahead of the expected readout of top-line pivotal data for iopofosine I 131 in Waldenstrom's macroglobulinemia (WM) in Q4 2023. The company has appointed William Yoon as vice president, medical affairs and Aaditya Nanduri as vice president, business strategy and analytics. Both appointees have been granted a non-qualified inducement stock option to purchase an aggregate of 50,000 shares of Cellectar's common stock.

Portfolio Pulse from Happy Mohamed

October 17, 2023 | 12:21 pm

SOPA

Society Pass Incorporated (NASDAQ:SOPA) has officially launched its digital advertising platform, Thoughtful Media Group Inc (TMG), in the Philippines market. TMG has expanded its ecosystem of multi-platform advertising services through a network of more than 10,000 creators across multiple industries in Southeast Asia. The company is well positioned to benefit from the forecasted increase in digital advertising revenues in the Philippines over the next decade.

Portfolio Pulse from Happy Mohamed

October 17, 2023 | 12:15 pm