Streetbeat News

Equity Actions

ARKF

ARKK

HOOD

PLTR

Cathie Wood's Ark Invest continues to sell shares of Robinhood and Palantir, with significant trades made on Monday. Robinhood's sale follows a settlement with California's DOJ, while Palantir's sale comes after its inclusion in the S&P 500. Other trades include buying Guardant Health and Shopify, and selling Veracyte, Roku, and Materialise.

Portfolio Pulse from Benzinga Neuro

September 17, 2024 | 2:36 am

MSFT

Microsoft has announced a new share repurchase program authorizing up to $60 billion. The program has no expiration date and can be terminated at any time.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 9:58 pm

EVTL

Vertical Aerospace has announced a 1:10 reverse share split for its issued and unissued ordinary and preferred shares. This move is likely aimed at increasing the share price and maintaining compliance with stock exchange listing requirements.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 9:01 pm

HGBL

Heritage Global has approved an amendment to its existing share repurchase program, increasing the repurchase amount from $4 million to $6 million, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 8:05 pm

NTRB

Nutriband has authorized a $1 million share buyback program, indicating confidence in its financial health and future prospects. This move is likely to positively impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 8:03 pm

GLPG

EcoR1 Capital has acquired 6.71 million shares of Galapagos, crossing the 10% threshold of voting rights as of September 10, 2024. This significant stake indicates increased influence over Galapagos' decisions.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 8:02 pm

NUVL

Nuvalent, Inc. (NASDAQ:NUVL) presented promising data from its ARROS-1 and ALKOVE-1 trials at the ESMO Congress 2024, leading to a 22.6% stock price increase. The company is also seeking to raise $350 million through an equity offering.

Portfolio Pulse from Vandana Singh

September 16, 2024 | 5:44 pm

XCUR

Exicure, Inc. (NASDAQ:XCUR) shares rose after the company entered into debt-for-equity exchange agreements with DGP and another individual, converting $1 million in debt into equity.

Portfolio Pulse from Dylan Berman

September 16, 2024 | 5:43 pm

KAPA

Kairos Pharma's IPO shares opened for trading at $3.75 per share, slightly below the IPO price of $4 per share. The IPO involved 1.55 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 5:08 pm

VZLA

Vizsla Silver's shares are declining following the announcement of a $65 million bought deal financing, involving the sale of 25 million shares at $2.60 each.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 5:04 pm