Streetbeat News

Equity Actions

BAC

At the Barclays 22nd Annual Global Financial Services Conference, Bank of America's CEO announced that the bank can continue its stock buyback program. This indicates confidence in the bank's financial health and capital position.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 5:40 pm

RXO

RXO shares declined following the announcement of a $500 million common stock offering, pricing 19,230,770 shares at $26 each.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 5:36 pm

PRFX

PainReform Ltd. (NASDAQ:PRFX) shares fell 32.1% after announcing a warrant exercise, reducing the exercise price from $4.80 to $1.60 per share, raising $1.58 million. The funds are for general corporate purposes, indicating potential liquidity needs. The company faces uncertainty amid clinical trials.

Portfolio Pulse from Vaishali Prayag

September 10, 2024 | 4:42 pm

PLTR

Palantir's stock has surged following the announcement of its inclusion in the S&P 500 index. Peter Thiel, a major shareholder, plans to sell up to $1 billion of his Palantir shares.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:12 pm

INMD

InMode's shares are rising following the announcement of a share repurchase program, indicating positive investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:51 pm

KRNT

Kornit Digital's stock price increased following the announcement of a $100 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:47 pm

PRFX

PainReform shares are experiencing a decline following the company's decision to exercise warrants, resulting in $1.58 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:50 pm

ALLR

Allarity Therapeutics shares declined following the announcement of an increase in its common stock offering from $30 million to $50 million.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:41 pm

XCHG

XCHG's IPO opened for trading at $7.25 per share, above its initial pricing of $6.20 per share for 3.33 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:21 pm

IZEA

IZEA Worldwide has partnered with GP Investments to enhance value creation, expanding its share buyback program from $5M to $10M. A new committee will evaluate strategic options, and the company is focusing on M&A for profitable growth.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:05 pm