Streetbeat News

Equity Actions

CMRA

Comera Life Sciences has filed a prospectus for the offer and resale of 27,863,058 shares of common stock by selling stockholders.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:44 pm

MMP

OKE

Magellan Midstream Partners (MMP) has filed an investor presentation with the U.S. Securities and Exchange Commission regarding its pending merger with ONEOK, Inc. (OKE). The merger is expected to provide significant value to Magellan unitholders, with a meaningful upfront cash consideration and substantial ownership in a stronger combined company. The transaction multiple and premium exceed precedent industry transactions, representing the highest EV/EBITDA multiple of comparable midstream energy transactions since 2016.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 8:39 pm

MOS

The board of Mosaic has elected Bruce Bodine as the new CEO. No further details about the decision or its implications were provided.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:32 pm

UNP

A significant bearish stance has been taken on Union Pacific (NYSE:UNP) by a large investor, as observed in the options history. The overall sentiment of these big-money traders is split between 46% bullish and 53% bearish. The whales have been targeting a price range from $125.0 to $235.0 for Union Pacific over the last 3 months. The current price of UNP is down -0.49% at $223.44. Stephens & Co. downgraded its action to Overweight with a price target of $257.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 8:31 pm

MVIS

Microvision, Inc. (MVIS) has announced a $35 million at-the-market equity facility with Craig-Hallum Capital Group. This move will allow Microvision to sell shares directly to the public at market prices.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:24 pm

MVIS

MicroVision, Inc. has announced a $35 million at-the-market equity facility. The company plans to use the proceeds for general corporate purposes.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 8:22 pm

LYFT

Lyft's Form 4 filing reveals that Prashant Aggarwal has purchased 96,900 shares of the company.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:21 pm

PVH

PVH Corp has increased its planned repurchases for the full year to up to $400 million.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 8:18 pm

ARR

ARMOUR Residential REIT has announced a 1-for-5 reverse stock split. This action is typically taken by companies to increase the market price of their shares.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 8:17 pm

CVNA

A significant bearish stance has been taken on Carvana (NYSE:CVNA) as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 37% bullish and 62% bearish. Whales have been targeting a price range from $30.0 to $60.0 for Carvana over the last 3 months. Morgan Stanley maintains an Underweight rating on Carvana with a price target of $37, while Jefferies and JMP Securities have downgraded their actions with price targets of $30 and $60 respectively.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 8:16 pm