Streetbeat News

Equity Actions

LEXX

Lexaria Bioscience has announced a registered direct offering of 1.6 million shares and warrants to purchase up to 1.6 million shares at a combined price of $0.97. The gross proceeds from this offering are expected to be $1.6 million.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 12:07 pm

HEPA

Hepion Pharmaceuticals has announced a $5M registered direct offering and concurrent private placement.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 12:05 pm

PRTG

Portage Biotech has announced a $6M registered direct offering.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 12:02 pm

CAPR

Capricor Therapeutics has announced a registered direct offering of 4.9 million shares. Each share was sold with a warrant to purchase one share at a combined price of $4.66, resulting in gross proceeds of $23 million.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 11:40 am

APRN

CCL

NKE

QQQ

SPY

Stocks are expected to continue their upward momentum, with focus on the Federal Reserve's preferred inflation gauge. Nike posted positive earnings, supporting the market. Bond yields are easing and oil prices are being monitored. The threat of a government shutdown could impact traders. Major indices rose in Thursday's trading, led by communication services, consumer discretionary, and materials. The SPDR S&P 500 ETF Trust and the Invesco QQQ ETF gained in premarket trading on Friday. Nike, Blue Apron Holdings, and Carnival Corp. are in focus.

Portfolio Pulse from Shanthi Rexaline

September 29, 2023 | 11:38 am

GPCR

Structure Therapeutics has announced a private placement of 21.6 million shares and 2.4 million newly designated non-voting shares at $12.49 per share. The gross proceeds from this placement are expected to be approximately $300 million.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 11:37 am

SYBX

Synlogic has priced its public offering of 7.4 million shares and warrants to purchase up to 7.4 million shares at a combined price of $2.84. The gross proceeds from this offering are expected to be approximately $21 million.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 11:20 am

SYRA

Syra Health has priced its upsized initial public offering (IPO) of 1.615 million units at $4.125 per unit, raising approximately $6.7 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 10:33 am

EAT

Stifel analyst Chris O'Cull has upgraded Brinker International (NYSE:EAT) from Hold to Buy and raised the price target from $38 to $45.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 10:15 am

META

During an interview at Vox Media’s Code 2023 conference, Linda Yaccarino, the CEO of X (formerly Twitter), inadvertently revealed that the X app was not on her iPhone Home Screen. Instead, apps like Facebook and Instagram, owned by Meta Platforms Inc., were featured prominently. This comes amidst controversies surrounding X, including major layoffs, since Elon Musk's acquisition of the company.

Portfolio Pulse from Ananya Gairola

September 29, 2023 | 10:08 am