Streetbeat News

Equity Actions

AVTR

Avantor (AVTR) has seen a significant increase in call options for January 19 at $22.5, with 2427 contracts traded near the ask price, compared to an open interest of 766. The company is set to announce earnings on October 27 before market open. The reference price is $21.29.

Portfolio Pulse from Charles Gross

September 29, 2023 | 2:05 pm

BHVN

MLKN

NKLA

NYC

PIXY

Benzinga's Stock Whisper Index has highlighted five stocks that are currently under the radar but warrant attention. These include Biohaven Ltd, a subsidiary of Pfizer, which saw shares soar after releasing an updated investor presentation and sharing an update on one of its key clinical programs. Nikola Corporation, an electric and hydrogen vehicle company, has seen increased attention from investors after announcing new executives and a deal with ITD Industries. ShiftPixy Inc announced a reverse stock split, causing shares to soar. MillerKnoll Inc made headlines earlier this year when its CEO criticized employees over concerns about bonuses. American Strategic Investment Co saw shares climb after Bellevue Capital Partners launched a tender offer to buy up to 350,000 shares of the company.

Portfolio Pulse from Chris Katje

September 29, 2023 | 1:59 pm

EBET

EBET, Inc. has announced a 1-for-30 reverse stock split of its common stock, effective from September 29, 2023. The number of outstanding shares will be reduced from approximately 448.2 million to around 14.9 million. Adjustments will be made to the per share exercise price and the number of shares issuable upon the exercise or vesting of all outstanding stock options and warrants.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 1:24 pm

CAPR

Capricor Therapeutics has announced a $23 million registered direct offering, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 1:14 pm

GPAK

Gamer Pakistan (GPAK) has announced that its first listing day on NASDAQ has been moved to Monday, October 2nd.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 1:01 pm

AXS

Axis Capital and Stone Point Credit have launched Monarch Point Re, a new venture that was accompanied by a capital raise of over $400 million. This includes a $75 million equity investment from a subsidiary of AXIS Capital and a $75 million equity investment from Stone Point Credit.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 1:01 pm

GPCR

NVO

Structure Therapeutics Inc released results from the Phase 1b study of GSBR-1290, showing significant weight loss in overweight or obese individuals. The company also announced a private placement of 21.6 million shares and 2.4 million non-voting shares at $12.49 per share, raising $300 million. The funds are expected to extend the cash runway through 2026. GPCR shares are up 68.1% in premarket trading.

Portfolio Pulse from Vandana Singh

September 29, 2023 | 12:55 pm

SPY

Senator Dianne Feinstein has passed away at the age of 90, as reported by Fox News. The news may have implications on the SPY ETF due to potential political shifts.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 12:50 pm

BLK

BTCUSD

SPY

The SEC has delayed Bitcoin ETF proposals from Blackrock and Valkyrie. Elon Musk has been censored on his own app. S&P 500 and Nasdaq futures point to a strong open ahead of key inflation data. More than $7M has been bet on Howard Hughes. Nike, OPKO Health, and other big stocks are moving higher in Friday's pre-market session. Investor fear is easing as US stocks rise following economic reports. Robert Kiyosaki is back to loving Bitcoin, thanks to fear of CBDCs. Pepe Coin is outpacing Dogecoin and Shiba Inu with a 12% surge. Bitcoin, Ethereum, and Dogecoin spike as Valkyrie Funds secures SEC approval for ETH ETF futures.

Portfolio Pulse from Akanksha Bakshi

September 29, 2023 | 12:47 pm

FROG

JFrog Ltd (NASDAQ:FROG) has announced the appointment of Ed Grabscheid as the new CFO, effective from January 1, 2024. Grabscheid, currently serving as FROG's Vice President of Finance, will replace Jacob Shulman. The company also reaffirmed its Q3 and FY23 outlook, projecting revenues of $343.5 million-$345.5 million and adjusted EPS of $0.26-$0.28 for FY23.

Portfolio Pulse from Lekha Gupta

September 29, 2023 | 12:38 pm