Streetbeat News

Equity Actions

CRMT

America's Car-Mart shares declined following the announcement of a proposed $65 million public offering.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:22 pm

OTRK

Ontrak, Inc. has announced a 1-for-15 reverse stock split effective September 23, 2024. This corporate action is aimed at increasing the per-share trading price of its common stock.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:13 pm

BNZI

Banzai International is implementing a one-for-fifty reverse stock split, effective at 12:01 A.M. EDT on September 19. This corporate action is likely to impact the stock's liquidity and price per share.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:46 am

ARQQ

Arqit Quantum has announced a 25:1 reverse share split effective September 25. This corporate action is likely to impact the stock's liquidity and price per share.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:35 am

VVOS

Vivos Therapeutics has announced a registered offering of $4.3 million, selling 1.36 million shares at $3.15 per share.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:13 am

AER

AerCap Holdings has announced a new $500 million share repurchase program, set to run through March 31, 2025. This move indicates confidence in the company's financial health and could positively impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:10 am

BBGI

Beasley Broadcast Group has approved a reverse stock split at a ratio of 1-for-20, which will consolidate every 20 shares into one share. This move is often used to increase the stock price and maintain compliance with stock exchange listing requirements.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:06 am

KN

Knowles Corporation has updated its Q3 guidance to reflect the anticipated sale of its CMM business. The company now expects revenues from continuing operations to be between $139 million and $143 million, with adjusted EPS from continuing operations ranging from $0.24 to $0.28.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:01 am

KN

Knowles Corporation updates its Q3 2024 guidance due to the anticipated sale of its CMM business, with Q4 revenue from continuing operations expected to be $140M-$150M.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 10:58 am

KN

Knowles Corporation has agreed to sell its Consumer MEMS Microphones business to Syntiant for $150 million. The deal includes $70 million in cash and $80 million in Syntiant preferred stock. Knowles plans to use the cash proceeds to reduce debt and repurchase its own stock.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 10:56 am