Streetbeat News

Equity Actions

BCAN

Femto Technologies' shares are trading lower following the completion of a 1-for-17 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 3:22 pm

IEP

Icahn Enterprises shares fell after the company announced plans to issue $400 million in depositary units.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 3:08 pm

ML

MoneyLion shares rose following the announcement of a $20 million share repurchase program for its Class A common stock.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 3:04 pm

CMPS

CRMD

GLPG

ML

XPEV

U.S. stocks saw gains on Monday, with notable increases in Galapagos NV, COMPASS Pathways, MoneyLion, and XPeng. Galapagos rose 10% after Ecor1 Capital's stake announcement, while XPeng's CEO's share acquisition boosted its stock by 6.1%.

Portfolio Pulse from Avi Kapoor

August 26, 2024 | 1:59 pm

SEDG

SolarEdge Technologies shares rose following the announcement of a CEO stepping down and the appointment of a new CFO.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:15 pm

XCUR

Exicure has announced a 1-for-5 reverse stock split effective August 27, 2024, to regain compliance with Nasdaq listing requirements. Trading on a split-adjusted basis will begin on August 28, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:08 pm

FEAM

5E Advanced Materials has entered into a securities purchase agreement with an institutional investor, raising $4 million through a registered direct offering. The company will issue shares at $0.75 each and accompanying warrants.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:51 pm

IEP

Icahn Enterprises has filed with the SEC to issue and sell depositary units worth up to $400 million. This move could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:38 pm

LUV

Elliott Investment Management is urging Southwest Airlines to prioritize company interests over current leadership. They criticize the management of Executive Chairman Gary Kelly and CEO Bob Jordan, citing underperformance and a significant decline in stock value. Elliott proposes a comprehensive solution involving new independent directors to address these issues.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:36 pm

BNAI

Brand Engagement Network (BNAI) has secured $5.925 million from a private placement and entered a $50 million standby equity purchase agreement with Yorkville Advisors. This funding will support BNAI's strategic growth and AI production expansion.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:32 pm