Streetbeat News

Equity Actions

BKSY

Blacksky Technology has announced a public offering of Class A common stock, priced at $35 million. This move is likely aimed at raising capital for the company's operations or expansion plans.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:23 pm

BKSY

Blacksky Technology has filed for a Class A common stock offering, though the size of the offering has not been disclosed. This move could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:14 pm

RITM

Rithm Capital Corp. has announced a 30 million share common stock offering, which could impact its stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:06 pm

BIVI

LASE

LNW

MSS

SEEL

THO

WVE

U.S. stocks showed mixed performance with the Dow slightly down and NASDAQ and S&P 500 up. Thor Industries reported better-than-expected earnings but provided a cautious outlook. BioVie shares plunged after a secondary offering, while Maison Solutions, Seelos Therapeutics, and Wave Life Sciences saw significant gains. Commodities like oil and silver rose.

Portfolio Pulse from Avi Kapoor

September 24, 2024 | 6:08 pm

LUV

Elliott Investment Management, holding an 11% stake in Southwest Airlines, has issued a letter to shareholders expressing the need for leadership change and plans to call a special meeting. They accuse Southwest of using 'false record dates' to obstruct shareholder voting.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 4:37 pm

APIE

AVIV

TM

Toyota Motor Corporation has increased its share buyback program to 1.2 trillion yen ($8.31 billion), aiming to repurchase up to 530 million shares. This move is part of a strategy to adjust its shareholdings and reflects current stock price levels. Toyota's shares are trading lower, down 0.63% at $184.24.

Portfolio Pulse from Lekha Gupta

September 24, 2024 | 4:29 pm

TSLA

XOM

Bill Baruch announced on CNBC that he has increased his holdings in Exxon Mobil and reduced his position in Tesla. This move reflects a strategic shift in his investment portfolio.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 4:27 pm

BIVI

BioVie Inc (NASDAQ:BIVI) shares plummeted over 50% after announcing a $3 million secondary offering at $1.53 per share. The offering aims to raise funds for working capital and general corporate purposes, with ThinkEquity as the sole placement agent.

Portfolio Pulse from Henry Khederian

September 24, 2024 | 4:20 pm

FBGL

FBS Global Limited is set to IPO on NASDAQ under the ticker FBGL, with shares priced between $4.00 and $5.00. The insider lock-up period is 180 days, ending on March 24, 2025. The company specializes in green building and interior fit-out projects.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 3:00 pm

ACAD

ACADIA Pharmaceuticals' stock is trading lower following the appointment of Catherine Owen Adams as the new CEO.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 2:56 pm