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Equity Actions

ORN

Orion Group Holdings, Inc. (NYSE:ORN) announced a proposed public offering of its common stock, with no disclosed size or amount. The offering, managed by Craig-Hallum Capital Group, is subject to market conditions. Proceeds will be used for working capital and possibly debt repayment.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:03 pm

XNCR

Xencor has announced a proposed public offering of its common stock, though the size of the offering has not been disclosed. This move could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:01 pm

VRDN

Viridian Therapeutics has announced a proposed underwritten public offering to raise $150 million through the sale of common and preferred stock. This move is likely aimed at raising capital for future growth and development.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:01 pm

TRP

TC Energy's shares are declining following the announcement of delays in an equity interest purchase transaction due to a structuring issue within the NGTL Partnership.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 6:23 pm

NNE

Nano Nuclear Energy (NASDAQ:NNE) shares are rising after being selected for inclusion in the Russell 3000 index, effective September 23. This inclusion is expected to support the company's growth strategy in the advanced nuclear energy market.

Portfolio Pulse from Dylan Berman

September 10, 2024 | 5:53 pm

BAC

BRK/B

At the Barclays 22nd Annual Global Financial Services Conference, Bank of America's CEO stated that he has not asked Warren Buffett why he is selling the bank's shares. This statement highlights a lack of direct communication regarding Buffett's decision to reduce his stake.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 5:52 pm

BAC

At the Barclays 22nd Annual Global Financial Services Conference, Bank of America's CEO announced that the bank can continue its stock buyback program. This indicates confidence in the bank's financial health and capital position.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 5:40 pm

RXO

RXO shares declined following the announcement of a $500 million common stock offering, pricing 19,230,770 shares at $26 each.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 5:36 pm

PRFX

PainReform Ltd. (NASDAQ:PRFX) shares fell 32.1% after announcing a warrant exercise, reducing the exercise price from $4.80 to $1.60 per share, raising $1.58 million. The funds are for general corporate purposes, indicating potential liquidity needs. The company faces uncertainty amid clinical trials.

Portfolio Pulse from Vaishali Prayag

September 10, 2024 | 4:42 pm

PLTR

Palantir's stock has surged following the announcement of its inclusion in the S&P 500 index. Peter Thiel, a major shareholder, plans to sell up to $1 billion of his Palantir shares.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 4:12 pm