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CMPS

The Norrsken Foundation is launching a $3.22 million initiative, Norrsken Mind, to support Swedish startups developing psychedelic-assisted mental health treatment options. The initiative has already raised over €3 million and expects more capital soon. This follows other European funding efforts in the field, such as the $285 million private placement raised by London-based COMPASS Pathways (NASDAQ:CMPS).

Portfolio Pulse from Lara Goldstein

September 13, 2023 | 8:46 pm

UNH

A significant investor has taken a bullish stance on UnitedHealth Group (NYSE:UNH), with 50% of investors opening trades with bullish expectations and 50% with bearish. The total amount for puts is $647,632 and for calls is $959,154. Whales have been targeting a price range from $370.0 to $520.0 for UnitedHealth Group over the last 3 months. The current price of UNH is $479.84, down -0.01%. HSBC has downgraded its action to Hold with a price target of $540.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 8:45 pm

BABA

GM

RL

SBUX

Starbucks Corp (NASDAQ:SBUX) announced that its founder and former CEO, Howard Schultz, is leaving the board immediately. The company also elected former Alibaba Holding Group (NYSE:BABA) senior advisor and president of Alibaba Pictures Group, Wei Zhang, to its board, effective Oct. 1. Zhang also holds leadership roles at News Corp China, CNBC China, Bain & Company, and General Electric Co (NYSE:GM), and sits on Ralph Lauren Corp’s (NYSE:RL) board. Starbucks shares traded 0.765% lower to $96.30 in Wednesday's after-hours session.

Portfolio Pulse from AJ Fabino

September 13, 2023 | 8:40 pm

MDGL

Madrigal Pharmaceuticals Inc has announced that Bill Sibold will be appointed as the company's President and CEO, according to an 8K filing.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:34 pm

OKYO

OKYO Pharma Limited has announced a $4 million public offering of ordinary shares, leading to a decrease in its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:32 pm

AMZN

Amazon.com's board has elected Brad D. Smith as a director. Smith previously served as Executive Chair of Intuit Inc., a business software company, and as President and CEO of Intuit.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:31 pm

HSTM

HealthStream has announced a share repurchase program of up to $10 million. This move is expected to boost investor confidence and potentially increase the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:30 pm

IE

Ivanhoe Electric has announced a $150 million public offering of common stock, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:30 pm

DDD

SSYS

3D Systems has submitted a binding offer to Stratasys, suggesting that Stratasys is worth more than $27 per share. 3D Systems is urging Stratasys shareholders to vote against the Desktop Metal transaction on September 28th, presenting an alternative merger agreement.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:29 pm

HLGN

Heliogen Inc has filed for an offering of up to $40 million of common stock, according to a SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:27 pm