Streetbeat News

Equity Actions

VLCN

Volcon has announced a proposed underwritten public offering. The size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 6:26 am

NMRA

Neumora Therapeutics has priced its initial public offering (IPO) of 14.71 million common shares at $17 per share.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 6:23 am

RYZB

RayzeBio has priced its upsized initial public offering (IPO) of 17,277,600 common shares at $18 per share, raising $311 million.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 5:57 am

VTLE

Vital Energy has priced an upsized offering of 2.75 million common stock for total gross proceeds of approximately $148.5 million.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 5:53 am

ARM

CVNA

F

MGM

TSLA

U.S. stocks ended Thursday in the green with Carvana, ARM Holdings, Ford, MGM Resorts, and Tesla gaining attention. Carvana shares surged by 13.47% amid a potential UAW strike that could lead consumers to the used car market. ARM Holdings rose by 24.69% after its U.S. stock market debut following regulatory challenges to Nvidia's acquisition. Ford's stock slightly decreased due to the looming UAW strike. MGM Resorts saw a minor increase despite a recent cyberattack. Tesla's stock rose by 1.75% as Ark Invest resumed selling its shares.

Portfolio Pulse from Benzinga Neuro

September 15, 2023 | 1:47 am

ARM

NVDA

SFTBY

Arm Holdings, the company behind the CPUs essential for Nvidia's GPUs in AI operations, debuted in the market with the largest IPO of 2023, valued at $54.5 billion. SoftBank, which acquired Arm Holdings in 2016, is retaining 90% of the company and sold 10% of its position to investors. SoftBank's founder, Masayoshi Son, expressed his intention to retain as much stake in Arm Holdings as possible, citing his long-term belief in the company.

Portfolio Pulse from AJ Fabino

September 14, 2023 | 10:37 pm

TLLTF

Tilt Holdings (OTC:TLLTF) has implemented cost-cutting measures, including layoffs, to save $8 million annually. The company has also shifted its focus towards its vape hardware business and terminated a $1.4 million joint venture with the Shinnecock Indian Nation. Tilt's subsidiary, Jupiter, will concentrate on vape hardware distribution. The company aims to return to profitability through cost-cutting and operational improvements.

Portfolio Pulse from Nicolás Jose Rodriguez

September 14, 2023 | 9:14 pm

VSTA

Vasta Platform has announced plans to repurchase $12.5 million of its Class A common shares in the open market.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 9:02 pm

DASH

DoorDash has announced its decision to move from the New York Stock Exchange (NYSE) to Nasdaq. The company is expected to begin trading as a Nasdaq-listed company on September 27, 2023, under the same symbol, 'DASH'.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 9:00 pm

NEARUSD

USDCUSD

Circle, the issuer of USD Coin (USDC), has introduced native stablecoin liquidity access on the NEAR Protocol ecosystem. This follows Coinbase's recent purchase of a stake in Circle to reshape the governance and financial dynamics of USDC. Circle's expansion of partnerships and integrations includes a recent partnership with Mercado Libre to introduce USDC to Mercado Pago, and the launch of a native version of USDC on Coinbase’s Layer 2 Base network.

Portfolio Pulse from Khyathi Dalal

September 14, 2023 | 8:51 pm