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APCX

AppTech Payments Corp (NASDAQ:APCX) shares dropped by 14.4% after the company announced a registered direct offering to an institutional investor. The investor will acquire approximately $3.5 million worth of common stock and warrants, with each share and warrant having an effective purchase price of $2.10. The company will issue 1,666,667 shares and corresponding warrants, which can be exercised at $2.74 per share within five years.

Portfolio Pulse from Henry Khederian

October 24, 2023 | 2:08 pm

APCX

AppTech Payments Corp. has announced the pricing of a $3.5 million registered direct offering, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:07 pm

NFLX

A significant bearish stance has been taken on Netflix (NASDAQ:NFLX) by a large investor, as indicated by a large position in the company's publicly available options history. Benzinga's options scanner spotted 15 options trades for Netflix, with sentiment split between 46% bullish and 53% bearish. Whales have been targeting a price range from $375.0 to $425.0 for Netflix over the last 3 months. Several experts have given their ratings on Netflix, with price targets ranging from $404 to $525.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 2:01 pm

VFC

V.F. Corporation, the owner of North Face, is reportedly facing a second activist push by Legion Partners Asset Management. The details of the push are not yet disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:00 pm

AME

AMETEK Inc.'s (AME) share price increased by 1.00% in the current market session, reaching $142.27. Despite a 4.69% decrease over the past month, the stock has risen by 14.97% over the past year. AMETEK's P/E ratio of 26.38 is higher than the Electrical Equipment industry average of 24.63, suggesting the stock may be overvalued.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 1:45 pm

AMTD

AMTD IDEA Group (NYSE:AMTD) has announced an extension of its existing share repurchase program until the end of Q1 2024. The program was previously announced on August 22, 2023, and updated on September 22, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 1:41 pm

FDEU

SPE

Special Opportunities Fund, Inc. (NYSE:SPE) has dismissed its lawsuit against the board of directors of First Trust Dynamic Europe Equity Income Fund (NYSE:FDEU) following stockholder approval of a transaction to eliminate the trading discount in FDEU's shares and rescission of the control-share bylaw. However, SPE condemns the board's decision to seat two incumbent trustees of FDEU without a quorum.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 1:37 pm

HKD

AMTD Digital Inc. (NYSE:HKD) has announced an extension of its existing share repurchase program until the end of Q1 2024. The program was previously announced on August 22, 2023, and updated on September 22, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 1:32 pm

BTCUSD

COIN

MSTR

Crypto-related stocks Coinbase Global Inc (COIN) and MicroStrategy Inc (MSTR) are trading higher as Bitcoin (BTC) continues to rise on spot ETF optimism. Bitcoin is up nearly 13% over the last 24 hours and more than 22% over the last week. Major U.S. financial firms including BlackRock have made changes to their pending applications for spot Bitcoin ETFs. Coinbase is set to release its Q3 financial results on Nov. 2, while MicroStrategy is due to report Q3 earnings on Nov. 1.

Portfolio Pulse from Adam Eckert

October 24, 2023 | 1:19 pm

APCX

AppTech Payments Corp. (NASDAQ:APCX) has announced a registered direct offering of approximately $3.5 million of its common stock and warrants to a single institutional investor. The combined purchase price for each share and associated warrant will be $2.10. The company will issue 1,666,667 shares of common stock and warrants to purchase up to the same number of shares at $2.74 per share. The offering is expected to close on October 26, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 1:10 pm