Streetbeat News

Equity Actions

ALB

Patriot Battery Metals has entered into a subscription agreement for a private placement of approximately C$109M by Albemarle Corporation.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 5:43 am

HRYU

Hanryu has announced the pricing of its Initial Public Offering (IPO) at $10 per share, aiming to raise a total of approximately $8.8 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 5:33 am

CYBN

Cybin Inc. has announced an overnight marketed public offering of units. The company has not disclosed the number of units or the price per unit.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 5:11 am

GNW

Genworth Financial has authorized an additional $350 million under its existing share repurchase program. This move is expected to return value to shareholders and shows confidence in the company's financial stability.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 5:09 am

AVDX

COIN

HOOD

IOVA

MELI

PINS

Ark Invest, led by Cathie Wood, sold shares of Robinhood Markets Inc (HOOD) and Coinbase Global Inc (COIN) while increasing its stake in Pinterest Inc (PINS). The firm also bought shares of MercadoLibre Inc (MELI) and AvidXchange Holdings Inc (AVDX), and sold shares of Iovance Biotherapeutics Inc (IOVA). The trades were made through Ark Fintech Innovation ETF (ARKF) and ARK Next Generation Internet ETF (ARKW).

Portfolio Pulse from Benzinga Neuro

August 01, 2023 | 2:11 am

AMC

TUP

Tupperware Brands Corporation (NYSE:TUP) shares surged on Monday due to a short squeeze, with 27.06% of shares currently sold short. The company experienced above-average trading volume of 167.67 million shares on Monday, compared to its average volume of 10.72 million. The stock has risen over 170% over the last five trading sessions and nearly 425% over the last month. AMC Entertainment (NYSE:AMC) also saw a rise in its shares, which influenced the rise in Tupperware's stock.

Portfolio Pulse from Ryan Gustafson

August 01, 2023 | 1:18 am

NVNO

Envveno Medical has filed for a mixed shelf offering of up to $75 million.

Portfolio Pulse from Charles Gross

July 31, 2023 | 9:51 pm

BSGM

BioSig Technologies has entered into a securities purchase agreement with an investor, selling 1,467,624 shares of common stock at a price of $1.02206 per share. The agreement also includes a warrant to purchase up to 733,812 shares.

Portfolio Pulse from Charles Gross

July 31, 2023 | 9:49 pm

LAC

Lithium Americas shareholders have approved a plan to split the company into two separate lithium entities. The separation, which was approved by 98.85% of votes, is expected to become effective in early October 2023.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:49 pm

BABA

Truist analyst Youssef Squali reiterated a Buy rating on Alibaba Group Holding Limited (NYSE:BABA) with a price target of $130. Squali expects Alibaba's 2H performance to be bolstered by China's economic policies and international commerce. He anticipates a 9% Y/Y growth in total revenue in F1Q24 due to recovery in China Commerce. Alibaba's International Commerce is expected to achieve +24% Y/Y growth in 1Q24, bolstered by a recovering Europe and the U.S. market and rapid growth in Southeast Asia. Alibaba's management reshuffle and organizational restructuring are seen as positive moves for the company's growth.

Portfolio Pulse from Anusuya Lahiri

July 31, 2023 | 9:48 pm