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Equity Actions

SPGC

Sacks Parente Golf Inc has filed a prospectus relating to the resale of 1.56 million shares of common stock held by Speicher Limited and Nippon Xport Ventures Inc.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 2:28 pm

AGIL

BRSH

FL

ITOS

TIVC

VCIG

US stocks traded higher with the Dow Jones gaining 100 points and NASDAQ rising 1.07%. The S&P Global US manufacturing PMI declined to 47 in August from 49 in July. VCI Global Limited (NASDAQ:VCIG) shares shot up 94% after announcing a collaboration with Microsoft Azure OpenAI. AgileThought, Inc. (NASDAQ:AGIL) shares rose 72% after posting a Q2 loss. iTeos Therapeutics, Inc. (NASDAQ:ITOS) shares gained 49% following release of Roche NSCLC data. Bruush Oral Care Inc. (NASDAQ:BRSH) shares dropped 46% after a 1-for-25 reverse stock split. Foot Locker, Inc. (NYSE:FL) shares were down 34% after a Q2 revenue miss and an 11% rise in inventories. Tivic Health Systems, Inc. (NASDAQ:TIVC) fell 26% after a 1-for-100 reverse stock split.

Portfolio Pulse from Lisa Levin

August 23, 2023 | 2:18 pm

FYBR

Frontier Communications has seen a significant increase in the volume of its September 15 $15 call options. A total of 2538 contracts were traded near the ask price of $1.154, compared to an open interest of 627 contracts. The reference price was $15.19.

Portfolio Pulse from Charles Gross

August 23, 2023 | 2:08 pm

CNTMF

Cansortium Inc. (OTCQX:CNTMF) (CSE:TIUM), operating under the FLUENT brand, has opened its 33rd medical cannabis dispensary in Florida and 36th retail location nationwide. The new FLUENT Jacksonville Cassat will host a grand opening event on August 26 with promotional discounts and giveaways. The dispensary will offer a wide range of products, including FLUENT’s Dark Chocolate Bar, Agave Nectar, and gels handcrafted by Smokiez Edibles.

Portfolio Pulse from Vuk Zdinjak

August 23, 2023 | 2:07 pm

IDEX

Ideanomics Inc (NASDAQ:IDEX) announced a 1-for-125 reverse stock split, reducing its authorized common stock from 1.5 billion shares to 12 million. The split is aimed at regaining compliance with the Nasdaq's $1 minimum bid requirement for continued listing. The company is also set to report Q2 financial results on Aug. 25. Following the announcement, IDEX shares fell by 25.5%.

Portfolio Pulse from Adam Eckert

August 23, 2023 | 2:04 pm

ORCL

Investor Business Daily SwingTrader has reportedly purchased Oracle (ORCL) stock.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 1:59 pm

EGPT

EIS

UNG

Israel has increased its gas exports to Egypt, according to the country's Energy Minister. This move could potentially affect the performance of certain ETFs that are exposed to the Israeli and Egyptian markets, as well as the natural gas market.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 1:51 pm

AMZN

A significant amount of unusual options activity has been detected for Amazon.com (NASDAQ:AMZN), with a mix of bullish and bearish stances. The majority of the trades are bearish, with whales targeting a price range from $100.0 to $150.0 over the last 3 months. The current price of AMZN is $134.19, down -0.04%. Several financial firms have maintained or downgraded their ratings on Amazon, with price targets ranging from $160 to $185.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 1:46 pm

XCUR

Exicure Inc's board has appointed Paul Kang as the new CEO and President of the company, following the resignation of former CEO Jung Sang (Michael) Kim on August 18 for personal reasons.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 1:35 pm

HUMBF

Humble & Fume Inc. has received an additional $4 million investment from Green Acre Capital Distribution Corp. into HC Solutions Holdings Inc., a joint venture company established by Humble and Green Acre. The investment increases Green Acre's ownership stake in HCI from 50.2% to 75%, while Humble retains the remaining 25%. Green Acre has also granted Humble an option to acquire 50% of the common shares of HCI for $2 million.

Portfolio Pulse from Vuk Zdinjak

August 23, 2023 | 1:31 pm