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Equity Actions

LPSN

LivePerson's CEO, Robert LoCascio, has announced his departure from the company, effective December 31.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 12:33 pm

PIXY

ShiftPixy has priced its offering of 2,066,667 units at $1.50 per unit.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 12:06 pm

COTY

Coty's shares are trading higher following a report that Kim Kardashian is in talks to buy back her stake in SKKN from the company.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 11:47 am

ANGO

ATVI

NFLX

QQQ

SPY

Positive expectations for June inflation data have boosted market sentiment, reflected in higher stock futures for Wednesday’s opening. Major stock indexes ended higher on Tuesday, driven by expectations of a slowdown in inflationary pressures and the potential for a more dovish Fed approach. In premarket trading on Wednesday, the SPDR S&P 500 ETF Trust (NYSE:SPY) rose 0.17% to $443.22 and the Invesco QQQ ETF (NASDAQ:QQQ) gained 0.22% to $368.97. Netflix, Inc. (NASDAQ:NFLX) rose modestly in premarket trading after UBS raised the price target for the stock from $390 to $525. Activision Blizzard, Inc. (NASDAQ:ATVI) was little changed after Raymond James downgraded the stock from Outperform to Market Perform. AngioDynamics, Inc. (NASDAQ:ANGO) is due to release its quarterly results before the market opens.

Portfolio Pulse from Shanthi Rexaline

July 12, 2023 | 11:17 am

AVRO

Avrobio has announced that it will cease further development of its programs and will conduct a comprehensive exploration of strategic alternatives. This decision could potentially impact the company's future operations and financial performance.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 11:11 am

DKNG

B of A Securities analyst Shaun Kelley has upgraded DraftKings (NASDAQ:DKNG) from Neutral to Buy and announced a $35 price target.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 10:26 am

HLLY

B of A Securities analyst Alexander Perry has upgraded Holley (NYSE:HLLY) from Neutral to Buy and raised the price target from $3.25 to $6.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 10:25 am

WIT

Wipro Ltd (NYSE:WIT) has announced the launch of an AI-first innovation ecosystem, Wipro ai360, and plans to invest $1 billion over the next three years to enhance its AI capabilities. The company's innovation hub, Lab45, will play a crucial role in the ecosystem. Wipro also plans to drive investments in startups through Wipro Ventures and launch a GenAI Seed Accelerator program. The company aims to train all its 250,000 employees on AI fundamentals and responsible use of AI over the next 12 months.

Portfolio Pulse from Lekha Gupta

July 12, 2023 | 9:30 am

SFTBY

Softbank is reportedly considering a U.S. listing for its PayPay payments business, according to Reuters.

Portfolio Pulse from Charles Gross

July 12, 2023 | 8:44 am

SPI

SPI Energy Co., Ltd. (NASDAQ:SPI) announced that its subsidiary, Solar4america, plans to start manufacturing N-type HJT solar cells in the United States. This move is part of SPI's broader strategy to expand its renewable energy solutions.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 8:16 am