Streetbeat News

Equity Actions

SPPL

SIMPPLE LTD has priced its initial public offering (IPO) of approximately 1.6 million ordinary shares at $5.25 per share, raising a total of $8.4 million.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 5:50 am

INTU

Intuit has priced its offering of $4.0 billion aggregate principal amount of senior notes. The offering consists of four different notes due between 2026 and 2053, and is expected to close on September 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 5:44 am

ADYEN

AVAV

DDD

DKNG

HOOD

SLGC

Ark Invest, led by Cathie Wood, has made significant trades, focusing on Robinhood Markets Inc (NASDAQ:HOOD), purchasing 440,081 shares through ARK Innovation ETF (NYSE:ARKK) and Ark Fintech Innovation ETF (NYSE:ARKF), valued at $4.75 million. The firm also continued to sell DraftKing shares, shedding 106,570 shares from ARKK, valued at $3.3 million. Other trades included selling AEROVIRONMENT INC (NASDAQ:AVAV) shares, buying SOMALOGIC INC (NASDAQ:SLGC) shares, acquiring shares of ADYEN NV (NYSE:ADYEN), and selling shares of 3D SYSTEMS CORP (NYSE:DDD).

Portfolio Pulse from Benzinga Neuro

September 13, 2023 | 2:20 am

LEGH

Legacy Housing Corporation (LEGH) has appointed Jeff Fiedelman as its new CFO, replacing Ronald Arrington who stepped down on September 11, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 9:42 pm

CLMT

Calumet Specialty Products Partners announced that CFO Vince Donargo will step down on December 31, 2023, and David Lunin will be appointed as the new CFO on January 1, 2024.

Portfolio Pulse from Charles Gross

September 12, 2023 | 9:29 pm

GS

LULU

Lululemon Athletica Inc's CEO, Calvin McDonald, outlined the company's growth strategy at the Goldman Sachs Group Inc's 30th Annual Global Retailing Conference. McDonald highlighted the company's three-pillar strategy of product, guest experience, and market expansion. Despite a 30% sales increase last year, McDonald believes the best is yet to come. He also hinted at an upcoming women's line and emphasized the company's effective inventory management. McDonald sees North America as a strong market but is also focusing on international expansion, particularly in China.

Portfolio Pulse from AJ Fabino

September 12, 2023 | 9:11 pm

LAZY

Lazydays Holdings, Inc. has filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) for a rights offering. The details of the offering are yet to be disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:55 pm

AFL

Aflac Inc.'s stock has seen a 0.90% spike in the current session, trading at $76.27. Over the past month, the stock increased by 0.71%, and in the past year, by 26.84%. The company's P/E ratio is lower than the aggregate P/E of the Insurance industry, indicating that the stock might be undervalued. However, a low P/E ratio can also suggest weak growth prospects or financial instability.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 8:45 pm

RCRT

Recruiter.com Group has appointed Miles Jennings, the current President and CEO, to also hold the position of Interim CFO, according to a recent filing.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:44 pm

PINC

Premier, Inc. has announced three executive promotions. Leigh Anderson has been promoted to COO, Andy Brailo has been elevated to Chief Commercial Officer, and Bruce Radcliff has been promoted to Senior Vice President of Supply Chain, succeeding David Hargraves.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 8:21 pm