Streetbeat News

Equity Actions

TTWO

Take-Two Interactive Software announced an underwritten public secondary offering of 2,830,084 shares held by Embracer Group. These shares were issued to Embracer Group on June 11, 2024, in relation to the closure of the Gearbox Entertainment acquisition.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:20 am

ATAT

Atour Lifestyle Holdings Limited (NASDAQ: ATAT) announced the pricing of a secondary offering of 10 million ADSs by Legend Capital at $16.90 per ADS. The company will not receive any proceeds from this sale.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:15 am

AAPL

AVGO

GM

OXM

PLAY

The S&P 500 and Nasdaq hit record highs as Apple shares surged following an upgrade by DA Davidson. The CNN Money Fear and Greed index showed improved market sentiment, remaining in the 'Neutral' zone. General Motors saw gains after announcing a $6 billion share repurchase authorization. Investors are awaiting the Federal Reserve's interest-rate decision and consumer price index, as well as earnings results from Broadcom, Dave & Buster’s, and Oxford Industries.

Portfolio Pulse from Avi Kapoor

June 12, 2024 | 7:39 am

TSLA

Tesla's annual shareholder meeting will decide on CEO Elon Musk's controversial compensation plan, which could significantly impact Tesla's stock. The plan has faced legal challenges and mixed analyst predictions, with potential stock price volatility depending on the outcome.

Portfolio Pulse from Shanthi Rexaline

June 12, 2024 | 7:21 am

PROK

ProKidney has announced an upsized public offering of $130 million, involving 53,719,009 Class A ordinary shares priced at $2.42 per share. The offering is expected to close around June 13, 2024, pending customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 6:25 am

AAPL

GME

ORCL

PARA

TSLA

On Tuesday, major U.S. indices showed mixed results. Apple shares soared due to an upgrade by DA Davidson, GameStop's stock jumped after completing an equity offering, Paramount Global shares tumbled as merger talks with Skydance Media were abandoned, Oracle's stock dipped slightly despite strong cloud revenue growth, and Tesla shares declined ahead of a contentious shareholder meeting.

Portfolio Pulse from Benzinga Neuro

June 12, 2024 | 2:40 am

NSYS

Nortech Systems' board has approved a $100,000 common stock buyback plan.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 9:31 pm

LDWY

Lendway has appointed Mark R. Jundt and Daniel C. Philp as Co-Chief Operating Officers effective July 1, 2024. The current President and CEO, Randy Uglem, has tendered his resignation. Jundt has been a member of the Board of Directors since November 2022 and its Chair since August 2023.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 9:22 pm

TNXP

Tonix Pharmaceuticals plans to offer and sell shares of its common stock or pre-funded warrants. The proceeds will be used for working capital, general corporate purposes, preparation of a new drug application for Tonmya™, and debt repayment.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 9:20 pm

AIRJ

Montana Technologies plans a private placement financing to sell 1.2 million shares of common stock, expected to result in gross proceeds of $12 million.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 9:13 pm