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Equity Actions

XWELL

XWELL has announced a 1-for-20 reverse stock split, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 4:14 pm

DOCU

Jenny Harrington, while live on CNBC, announced that she has bought DocuSign.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 4:13 pm

MSOS

UGRO

urban-gro's CEO & Chairman Bradley Nattrass spoke at the Benzinga Cannabis Capital Conference, highlighting the company's value proposition as its expertise and the single point of responsibility it offers clients.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 4:06 pm

GNLN

MSOS

UGRO

The Benzinga Cannabis Capital Conference is discussing the diversification of ancillary companies in the cannabis industry. The companies GNLN, MSOS, and UGRO may be mentioned during the conference.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 4:00 pm

KNW

MCLD

MLKN

PIXY

SPRC

STSS

US stocks traded lower with the Dow Jones falling over 100 points. US durable goods orders increased 0.2% MoM in August, beating market expectations for a 0.5% fall. ShiftPixy, SciSparc, and MillerKnoll saw their shares rise after announcing reverse stock splits and better-than-expected financial results respectively. mCloud Technologies, Sharps Technology, and Know Labs saw their shares drop due to non-compliance with Nasdaq listing requirements and public offerings.

Portfolio Pulse from Lisa Levin

September 27, 2023 | 4:00 pm

AMP

Ameriprise Finl Inc. (NYSE:AMP) has seen a 0.20% increase in its share price in the current market session, reaching $328.60. Despite a 3.39% decrease over the past month, the stock has risen by 29.40% over the past year. The company's P/E ratio is lower than the aggregate P/E of 41.29 of the Capital Markets industry, which could indicate undervaluation or weak growth prospects.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 3:45 pm

DRS

Defense contractor Leonardo DRS Inc (NASDAQ:DRS) has announced its decision to voluntarily delist its common stock from the Tel Aviv Stock Exchange (TASE). The delisting is expected to take effect three months after the company's request on September 27, 2023. The company's shares will continue to be traded on the TASE during the interim period and will be transferred to the Nasdaq after delisting. The company's listing on Nasdaq will not be affected.

Portfolio Pulse from Shivani Kumaresan

September 27, 2023 | 3:32 pm

VRSSF

The article provides four fundamental tips for wealth creation: understanding that dollars do not equate to wealth, distinguishing between investing and speculating, diversifying investments, and investing in index funds. It also highlights the potential of AI in the financial world, mentioning VERSES AI (OTCQX:VRSSF), a cognitive computing company specializing in AI, as a potential investment opportunity.

Portfolio Pulse from Gav Blaxberg

September 27, 2023 | 3:23 pm

MSOS

De La Rosa, speaking at the Benzinga Cannabis Capital Conference, expressed excitement about the potential of moving to Schedule Three, which would allow for more research into cannabis. The article also mentions MSOS, a cannabis-focused ETF.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 3:21 pm

MSOS

De La Rosa, speaking at the Benzinga Cannabis Capital Conference, emphasized the importance of research dollars in the cannabis industry, particularly for medical applications and the women's market. He believes these areas will be the largest markets for cannabis.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 3:18 pm