Streetbeat News

Equity Actions

ALLR

Allarity Therapeutics shares declined following the announcement of an increase in its common stock offering from $30 million to $50 million.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:41 pm

XCHG

XCHG's IPO opened for trading at $7.25 per share, above its initial pricing of $6.20 per share for 3.33 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:21 pm

IZEA

IZEA Worldwide has partnered with GP Investments to enhance value creation, expanding its share buyback program from $5M to $10M. A new committee will evaluate strategic options, and the company is focusing on M&A for profitable growth.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 2:05 pm

PRFX

PainReform has exercised warrants, resulting in gross proceeds of $1.58 million. This financial move could impact the company's liquidity and future operations.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:51 pm

NNE

Nano Nuclear Energy's shares are trading higher following its selection for inclusion in the Russell 3000 index, effective September 23, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:21 pm

STEP

StepStone shares are experiencing a decline in trading value following a secondary offering of 4,099,997 shares priced at $50 each.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:08 pm

CYD

LUV

Southwest Airlines Co (LUV) and China Yuchai International Limited (CYD) are identified as overbought stocks in the industrials sector, with RSI values above 70. Southwest Airlines announced a board refreshment, while China Yuchai updated its share buyback plan.

Portfolio Pulse from Avi Kapoor

September 10, 2024 | 12:45 pm

NNE

NANO Nuclear Energy has been selected for inclusion in the Russell 3000 Index, effective September 23, 2024, following a quarterly review and its recent IPO.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:31 pm

CAC

NWYF

Camden National Corporation is set to acquire Northway Financial in an all-stock transaction valued at approximately $86.6 million. Northway shareholders will receive 0.83 shares of Camden National common stock for each outstanding share of Northway.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:21 pm

HESM

Hess Midstream LP announced a $100 million repurchase of Class B units from its sponsors, Hess Corporation and Global Infrastructure Partners. The transaction was approved by the Board of Directors and the conflicts committee.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:18 pm