Streetbeat News

Equity Actions

AVGR

Avinger has increased the amount available for sale by an additional aggregate offering price of $2,133,181 on September 18, 2023, and by another $1,074,690 on September 20, 2023.

Portfolio Pulse from Charles Gross

September 21, 2023 | 10:21 am

AQST

Aquestive Therapeutics has filed for the resale of up to 2.75 million shares of common stock by the selling stockholder.

Portfolio Pulse from Charles Gross

September 21, 2023 | 10:03 am

TSLA

VWAGY

Battery electric vehicles (BEVs) have reached a 20% market share in Europe for the first time, according to data from the European Automobile Manufacturers’ Association. In August, 165,165 BEVs were registered, marking the thirteenth consecutive month of growth in the European Union’s auto industry. Tesla Inc (NASDAQ:TSLA) saw the most significant surge in new registrations, while Ford Motor Co (NYSE:F) experienced a 9.8% dip. Volkswagen AG (OTC:VWAGY) remains the most popular choice.

Portfolio Pulse from Anan Ashraf

September 21, 2023 | 8:08 am

TSLA

Tesla's Giga Texas factory is likely to pause Model Y and Cybertruck production until the end of September, according to drone videographer and Tesla influencer Joe Tegtmeyer. The pause is due to plant upgrades, which were communicated by CEO Elon Musk and then CFO Zachary Kirkhorn on the second-quarter earnings call. Despite the pause, more cars of employees were found in the parking lot, indicating that testing, training, and calibration work may be underway. Future Fund’s Gary Black expects third-quarter deliveries to be below the 466,000 units delivered in the second quarter.

Portfolio Pulse from Shanthi Rexaline

September 21, 2023 | 7:15 am

DKNG

Crypto analytics platform CoinScan has raised $6.3 million in initial funding to fuel product development and expansion. Key investors include Shalom MecKenzie, the top individual shareholder of DraftKings Inc (NASDAQ:DKNG), and Tectona, a publicly traded digital asset company. CoinScan aims to combat crypto scams and hacks, which have led to nearly $1 billion in losses this year.

Portfolio Pulse from Mehab Qureshi

September 21, 2023 | 7:00 am

PBTS

Powerbridge Technologies has announced a 1-for-8 share consolidation, which will be effective from September 22, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 6:27 am

ARKK

DKNG

DNA

RBLX

TDOC

TSLA

Ark Invest, led by Cathie Wood, has continued to sell Tesla shares, with the latest sale amounting to $8.42 million. This is the second consecutive day of significant sales, following Tesla's recent rally and discussions about its potential in autonomous driving technology. Despite these sales, Ark remains optimistic about Tesla's future, projecting a stock price surge to $2,000 by 2027. Ark Invest also made key trades in Roblox Corp, Teladoc Inc, DraftKings Inc, and Ginkgo Bioworks Holdings Inc.

Portfolio Pulse from Benzinga Neuro

September 21, 2023 | 2:24 am

ENVX

FDX

MARA

TSLA

UPTD

The stock market showed a mixed reaction to the Federal Reserve's decision to maintain the key overnight interest rate unchanged. TradeUP Acquisition Corp. (UPTD) saw a significant increase of 26.42% after announcing an extension for its initial business combination deadline. FedEx Corp. (FDX) experienced a slight uptick of 0.22% after reporting its first-quarter results. Marathon Digital Holdings (MARA) declined by 2.82% after announcing the completion of privately negotiated convertible note exchanges. Enovix Corporation (ENVX) decreased by 5.39% after announcing the acquisition of Korean battery manufacturer Routejade. Tesla Inc. (TSLA) shares dropped by 1.47% influenced by the broader market’s reaction to the Federal Reserve’s decision.

Portfolio Pulse from Benzinga Neuro

September 21, 2023 | 1:53 am

STLA

Senator Elizabeth Warren has called for fairer contracts for United Auto Workers (UAW) at General Motors, Ford, and Stellantis, highlighting the companies' substantial profits. This comes amid ongoing strikes by UAW members at these companies over pay hikes and other benefits. The UAW strike underscores the debate over workers’ rights and fair compensation in the face of soaring corporate profits.

Portfolio Pulse from Benzinga Neuro

September 21, 2023 | 1:05 am

DWAC

Former President Donald Trump, facing multiple indictments and federal charges, has expressed concerns about potential prison time, despite publicly stating otherwise. Trump is currently running for the GOP nomination in the 2024 presidential election. The report also raises questions about what prison time would look like for Trump if he is convicted and also re-elected as president. In relation to this, Trump's SPAC deal with Digital World Acquisition Corp (NASDAQ:DWAC) includes provisions related to potential incarceration, stating that a 'material disruptive event' would not change the company's ownership.

Portfolio Pulse from Chris Katje

September 20, 2023 | 11:31 pm