Streetbeat News

Equity Actions

SMLR

Semler Scientific (SMLR) is set to join the Russell 2000 and 3000 Indexes, which could lead to increased visibility and investment in the company.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 8:02 pm

SMX

SMX shares are trading lower after the company priced a $3.2 million public offering.

Portfolio Pulse from Bill Haddad

June 23, 2023 | 7:50 pm

DBI

Designer Brands Inc. (NYSE:DBI) has increased the price range for its tender offer to repurchase up to $100 million of its Class A common shares and satisfied the financing contingency by entering into a senior secured term loan of $135 million.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 7:43 pm

CHS

Chico's FAS, Inc. (NYSE:CHS) has announced a new $100 million share repurchase program and canceled the remaining $35.4 million of its previous $300 million program from November 2015. The new program has no expiration date and may be suspended, modified, or terminated by the Board at any time.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 6:31 pm

WSFS

WSFS Financial Corporation has filed for a mixed shelf offering, according to a recent SEC filing. The size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 6:27 pm

SPCE

Virgin Galactic (NYSE:SPCE) shares are trading lower after announcing a $400 million dilutive stock offering to raise capital for spaceship fleet development and scaling commercial operations. This follows the completion of a previous $300 million offering.

Portfolio Pulse from Erica Kollmann

June 23, 2023 | 4:38 pm

PLTR

Palantir Technologies (PLTR) sees a sweep of 1,000 Aug 18 $14 calls near the ask price of $1.52, compared to an open interest of 10,913.

Portfolio Pulse from Charles Gross

June 23, 2023 | 2:30 pm

MARA

MEDS

ROOT

UCAR

VCIG

Benzinga's Stock Whisper Index highlights five stocks that warrant attention: U Power Ltd (UCAR), Trxade Health (MEDS), VIC Global Ltd (VCIG), Root Inc (ROOT), and Marathon Digital Holdings Inc (MARA). These stocks have seen significant price movements due to various factors such as tax breaks, reverse stock splits, AI-related news, takeover bids, and cryptocurrency price surges.

Portfolio Pulse from Chris Katje

June 23, 2023 | 2:28 pm

UP

Wheels Up Experience Inc (NYSE:UP) shares are down 6% after the company issued a statement addressing bankruptcy rumors and announcing redesigned programs to drive profitability. Wheels Up is working with advisors to secure new strategic investments, raise capital, and execute strategic divestitures. The Board of Directors approved a 1-for-10 reverse stock split.

Portfolio Pulse from Lekha Gupta

June 23, 2023 | 2:26 pm

FND

Investor Business Daily's SwingTrader has reportedly bought shares of Floor & Decor (FND), a US-based specialty retailer of hard surface flooring.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 1:49 pm