Streetbeat News

Equity Actions

ARMK

Aramark has announced the pricing of its secondary offering of 21,262,245 shares of its common stock at $39.75 per share.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 6:30 am

INVZ

Innoviz Technologies has priced its upsized public offering of 26 million ordinary shares at $2.50 per share, raising $65 million in total.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 6:27 am

BXSL

Blackstone Secured Lending Fund (BXSL) has priced its public offering of 6.5 million common shares at $27.33 per share, raising $177.6 million.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 6:12 am

JNJ

KVUE

Kenvue (KVUE) will be included in the S&P 500 following the completion of an exchange offer by Johnson & Johnson (JNJ).

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:48 am

META

NVDA

TSLA

Short sellers have faced over $175 billion in losses due to a surge in tech stocks, driven by investor enthusiasm for AI. Only 30% of shorted stocks were profitable trades in 2023. Factors like the release of OpenAI’s ChatGPT and hopes of a lenient Federal Reserve monetary policy have boosted tech stocks. Nvidia (NASDAQ:NVDA), Meta (NASDAQ:META), and Tesla (NASDAQ:TSLA) have been the least profitable shorts.

Portfolio Pulse from Benzinga Neuro

August 10, 2023 | 4:25 am

MNTK

Montauk Renewables expects its FY23 RNG revenues to be between $160M and $175M, with RNG production volumes ranging from 5.7M to 6.1M MMBtu.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:45 pm

CERT

Certara has updated its FY23 guidance, expecting revenue to be in the range of $345M-$360M, lower than the estimated $377.16M. Adjusted EBITDA is expected to be between $120M-$128M, and adjusted diluted EPS is projected to be $0.44-$0.48, lower than the $0.52 estimate.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 9:45 pm

BRDS

Bird Global, Inc. (NYSE:BRDS) has appointed Michael Washinushi as interim CEO, effective immediately. Washinushi, who joined Bird in January 2023 as CFO, will succeed Shane Torchiana and continue to oversee the finance organization until a permanent CEO is appointed. This follows the recent appointment of John Bitove as Chair of the Board of Directors.

Portfolio Pulse from Happy Mohamed

August 09, 2023 | 9:41 pm

DWAC

Digital World Acquisition Corp (DWAC) has announced a second amendment to its merger agreement, which includes issuing a new class of common stock to Trump Media & Technology's company principal. This new class will have equivalent voting, dividend, liquidation, and other rights as one share of DWAC Class A common stock.

Portfolio Pulse from Charles Gross

August 09, 2023 | 9:28 pm

FLYW

Flywire has announced a proposed $250 million follow-on offering. The company plans to use the proceeds for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 9:25 pm