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Several stocks including Rocket Lab USA, Terran Orbital Corporation, Equinox Gold Corp., Better Home & Finance Holding Company, NIO Inc., FREYR Battery, and Arm Holdings plc recorded losses in Tuesday's pre-market trading session. Rocket Lab USA's shares dipped due to technical issues in its 41st mission. Terran Orbital Corporation's shares declined after pricing its public offering. Equinox Gold Corp.'s shares slipped after reporting a bought deal offering of convertible senior notes. Better Home & Finance Holding Company's shares declined after gaining around 4% on Monday. NIO Inc.'s shares fell after announcing a proposed offering of $1 billion convertible senior notes. FREYR Battery's shares declined, and Arm Holdings plc's shares fell after Redburn Atlantic initiated coverage with a Neutral rating and a price target of $50.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 9:59 am

LLAP

Terran Orbital Corp (NYSE:LLAP) has priced its public offering of 23.2 million shares and warrants at $1.40 per share and warrant. The company expects to raise approximately $32.5 million from the offering, which is expected to close on September 21, 2023. The proceeds will be used for general corporate purposes and administrative expenses. Following the announcement, LLAP shares dropped by 14.79% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

September 19, 2023 | 9:33 am

STLA

President Joe Biden is being urged by Democratic lawmakers to show solidarity with the striking United Auto Workers (UAW). The UAW strike against the nation's largest automakers has sparked concern among Democrats. Biden has openly supported the UAW's strike against Detroit's Big Three manufacturers, General Motors (NYSE:GM), Ford (NYSE:F), and Stellantis (NYSE:STLA), urging them to improve their wage offerings.

Portfolio Pulse from Benzinga Neuro

September 19, 2023 | 8:51 am

CART

Instacart has priced its initial public offering (IPO) at $30 per share, with 22 million shares being offered. Of these, 14.1 million are being sold by Instacart and 7.9 million by certain selling stockholders. The company has also granted underwriters a 30-day option to purchase up to an additional 3.3 million shares. The shares are expected to begin trading on the Nasdaq Global Select Market on September 19, 2023, under the symbol 'CART'.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 8:29 am

APOG

AZO

CGC

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The CNN Money Fear and Greed index showed a decline in overall sentiment among U.S. investors. The Federal Reserve is expected to keep rates on hold in its upcoming policy meeting. Canopy Growth Corporation entered into subscription agreements with institutional investors. The NAHB/Wells Fargo Housing Market Index fell for a second month. The S&P 500 and Dow Jones closed higher, while investors await earnings results from AutoZone, Apogee Enterprises, and Steelcase.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 7:21 am

LLAP

Terran Orbital has priced its public offering of 23.21 million common shares and warrants at $1.40 per share, raising $32.5 million.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 5:25 am

SPCE

Virgin Galactic has approved inducement stock awards for new non-executive employees as part of their compensation package.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 5:20 am

AZO

AutoZone has announced changes in its senior leadership. Tom Newbern has been promoted to Chief Operating Officer, while Jamere Jackson has been appointed as Chief Financial Officer.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:51 am

PMT

PennyMac Mortgage Investment Trust has priced a public offering of $50 million of its 8.50% senior notes due 2028.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:38 am

AVGR

NIO

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TSLA

US stocks showed a positive trend on Monday with Dow Jones, NASDAQ, and S&P 500 all experiencing a rise. Five stocks that gained attention were NIO, PayPal, Block, Tesla, and Avinger. NIO's shares declined by 1.15% after announcing a proposed offering of $1 billion convertible senior notes. PayPal's stock decreased by 1.98% with varied analyst ratings. Block's shares saw a decline of 3.01% following a CEO transition announcement. Tesla's shares dropped by 3.32% after Goldman Sachs cut its earnings estimates. Avinger's stock surged by 46.97% following the commercial launch of its Tigereye ST system.

Portfolio Pulse from Benzinga Neuro

September 19, 2023 | 3:38 am