Streetbeat News

Equity Actions

NDRA

ENDRA Life Sciences shares are trading higher following a 13G filing that revealed S.H.N. Financial Investments Ltd. has acquired a 9.99% passive stake in the company.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:58 pm

BJDX

Bluejay Diagnostics shares are trading lower after the company announced a reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:58 pm

KBH

KB Home (NYSE:KBH) is expected to report lower Q2 earnings at $1.80 per share, down from $1.94 per share last year, with projected revenue of $1.65 billion. The company recently authorized a $1 billion stock repurchase and increased its quarterly dividend to 25 cents per share. Analysts have mixed ratings, with price targets ranging from $70.5 to $87.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 12:53 pm

WKHS

Workhorse Group Inc (NASDAQ:WKHS) has implemented a 1-for-20 reverse stock split to increase its stock price and regain compliance with Nasdaq's minimum bid price requirement. The company has until September 16 to ensure its stock trades above $1 for 10 consecutive days.

Portfolio Pulse from Adam Eckert

June 17, 2024 | 12:51 pm

LGVN

Longeveron shares are trading lower after the company announced agreements for the exercise of warrants for $4.4 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:47 pm

LGVN

Longeveron has entered into agreements for the exercise of warrants to purchase 1.7 million shares at $2.35 each, expected to raise $4.4 million. Additionally, the company has issued new warrants for 3.4 million shares at $2.50 each with a 24-month term.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:40 pm

FOXO

Rennova Health has entered into two stock exchange agreements with FOXO Technologies. Rennova's equity in Myrtle Recovery Centers was exchanged for $500,000 of FOXO common stock, and equity in Rennova Community Health will be exchanged for $20 million of FOXO convertible preferred stock. The Myrtle transaction closed on June 14, 2024, while the Rennova Community Health transaction is expected to close in Q3 2024.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:39 pm

ATOS

Atossa Therapeutics (ATOS) will be joining the Russell 3000 Index, which could increase its visibility and attract more institutional investors.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:34 pm

TGNA

TEGNA Inc. (NYSE:TGNA) announced that Michael Steib will succeed David Lougee as President, CEO, and Director on August 12, 2024. Lougee will retire from these roles and become a Senior Advisor. The board also appointed two new independent directors.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:33 pm

MYFW

First Western Financial has announced a buyback program for 200,000 shares, indicating confidence in the company's future prospects and potentially boosting the stock price.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:32 pm