Streetbeat News

Equity Actions

GILD

Gilead Sciences (NASDAQ:GILD) has seen unusual options activity, with a significant number of bullish trades. Whales have been targeting a price range from $60.0 to $95.0 for Gilead Sciences over the last 3 months. The company's stock price is currently up 0.07% at $75.82. Truist Securities and B of A Securities have upgraded their actions to Buy with price targets of $91 and $95 respectively, while HSBC has downgraded its action to Reduce with a price target of $71.

Portfolio Pulse from Benzinga Insights

September 20, 2023 | 8:15 pm

TRNS

Transcat announced a proposed public offering of common stock, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 8:15 pm

FDX

FedEx (FDX) plans to repurchase an additional $1.5 billion of common stock during fiscal 2024. The company had a cash on-hand of $7.1 billion as of August 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 8:09 pm

DHI

D.R. Horton, Inc. (DHI) has announced the appointment of Paul J. Romanowski as President and CEO, and David V. Auld as Executive Vice Chair. The changes in leadership could potentially influence the company's strategic direction and operational performance.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 8:06 pm

TRNS

Transcat, Inc. has announced a proposed public offering of its common stock. The terms of the offering have not been disclosed yet.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 8:02 pm

UPTD

TradeUP Acquisition Corp. has announced that each investor will purchase an aggregate of $5M shares of the company's stock, at a price per share of $10, concurrently with the closing of the business combination, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 7:58 pm

WING

Wingstop Inc (NASDAQ:WING) has entered into an accelerated share buyback agreement with Morgan Stanley to repurchase $125.0 million worth of common stock. The company's same-store sales are expected to exceed consensus estimates for Q3 and grow in the 8%+ range. Wedbush analyst Nick Setyan upgraded Wingstop from Neutral to Outperform and raised the price target from $180 to $200.

Portfolio Pulse from Priya Nigam

September 20, 2023 | 7:57 pm

ABAT

ABML

American Battery Technology Company (ABTC) has received approval to list its common stock on the Nasdaq Capital Market under the symbol 'ABAT', with trading expected to start on September 21, 2023. Prior to this, the company's shares were traded on the OTCQX under the symbol 'ABML'. The uplisting to Nasdaq is a strategic move for ABTC, aimed at enhancing shareholder value and expanding its reach in the capital markets.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 7:53 pm

FLGC

Flora Growth Corp (FLGC) shares dropped by 4.1% to $1.41 after the company announced the pricing of a $2.7 million registered direct offering and concurrent private placement. The company plans to use the proceeds to increase operating capacity, for working capital and for other general corporate purposes. The offering is expected to close on September 21.

Portfolio Pulse from Henry Khederian

September 20, 2023 | 7:43 pm

BJDX

Bluejay Diagnostics, Inc. (NASDAQ:BJDX) shares surged on Wednesday, marked by unusually high trading volume. The stock has been in decline since early August due to negative catalysts such as a disappointing Q2 earnings report and a $1.59 million registered direct offering. However, the stock spiked on Wednesday with a trading volume of 35.67 million shares compared to its average volume of 593,393. The stock also has elevated short interest with 7.99% of shares currently sold short, which could have contributed to the price surge.

Portfolio Pulse from Ryan Gustafson

September 20, 2023 | 7:42 pm