Streetbeat News

Equity Actions

IVP

Inspire Veterinary (NASDAQ:IVP) recently went public, offering 1.60 million shares at $4.00 per share. On its first day of trading, the stock decreased 18.13% from its opening price of $3.75 to its closing price of $3.07. The company has an insider lock-up period of 180 days, ending on February 26, 2024, during which major shareholders cannot sell their shares.

Portfolio Pulse from Benzinga Insights

August 31, 2023 | 9:30 pm

TIO

Hindenburg Research has announced that they are shorting shares of Tingo Group.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 9:21 pm

QSR

Restaurant Brands has adopted a share repurchase authorization of up to $1.0B of common shares over the next two years, through September 30, 2025.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 9:06 pm

TIGO

Millicom's CEO, Mauricio Ramos, has been appointed as the interim chairman following the resignation of José Antonio Ríos García from the board.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 9:02 pm

ROST

Ross Stores announced that George Orban will step down as Chairman of the Board. Michael Balmuth will return to the Executive Chairman role.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 9:00 pm

NEXI

NexImmune's CFO, John Trainer, is set to leave the company effective as of September 2, 2023.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:55 pm

NLCP

Cannabis operators are facing punitive tax liabilities due to Section 280E of the Internal Revenue Code, which prevents businesses dealing with controlled substances from deducting most of their business expenses. This issue was discussed by David Van Vlierbergen, CFO and co-founder at Fernway, and Anthony Coniglio, founder, president, and CIO of NewLake Capital Partners Inc (OTCQX:NLCP), at the Benzinga Cannabis Capital Conference.

Portfolio Pulse from Joana Scopel

August 31, 2023 | 8:54 pm

NTNX

Nutanix Inc's shares surged after the company reported better-than-expected Q4 earnings and announced a share buyback program. The company's Q4 revenue increased by 28% YoY to $494.21 million, beating the consensus estimate of $475.16 million. Adjusted earnings per share were 24 cents, surpassing analyst estimates of 16 cents. The company's board authorized a share repurchase program of up to $350 million. Nutanix expects Q1 revenue of $495 million to $505 million, against estimates of $487.22 million.

Portfolio Pulse from Adam Eckert

August 31, 2023 | 8:50 pm

LUNR

Intuitive Machines has announced a $20 million equity investment with certain institutional investors. The company is not directly listed on any US stock exchange, but it is indirectly related to Lunar Resources (LUNR), which is a US-listed company.

Portfolio Pulse from Bill Haddad

August 31, 2023 | 8:32 pm

NVOS

Novo Integrated Sciences has received an Underwriting Clearance Notice for a $70 million coupon, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 8:27 pm