Streetbeat News

Equity Actions

SB

Safe Bulkers, Inc. has announced a 5 million share repurchase program, aiming to return value to shareholders and potentially increase the stock price.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 1:06 pm

NCPL

Netcapital has announced a registered direct offering of 1.1 million shares at $1.55 per share.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 1:05 pm

PAX

Patria Investments (PAX) is set to join the Russell 2000 and 3000 indexes, which could lead to increased visibility and demand for the stock.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:40 pm

SKYX

SKYX is set to join the Russell 2000 and Russell 3000 indexes, which could lead to increased visibility and trading volume for the stock.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:32 pm

CKPT

Checkpoint Therapeutics announced a $10 million registered direct offering priced at-the-market under Nasdaq rules.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:31 pm

SNMP

Evolve Transition shares are trading lower after the company announced a 1-for-30 reverse split.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:28 pm

LPTV

Loop Media, Inc. (LPTV) is set to join the Russell 2000, Russell 3000, and Russell Microcap Indexes, which could lead to increased visibility and investment in the company.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:18 pm

GH

Guardant Health announced the pricing of an upsized public offering of common stock, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:13 pm

BABA

Alibaba's stock declined following reports of a 7% workforce reduction in its cloud division as it prepares for a spinoff and eventual IPO. The cloud business is valued at over $30 billion and is expected to be carved out as a separate company within a year.

Portfolio Pulse from Anusuya Lahiri

May 23, 2023 | 12:02 pm

RIDE

Lordstown Motors Corp. (NASDAQ:RIDE) announced a 1:15 reverse stock split of its Class A common stock, effective at 12:01 a.m. Eastern Time on May 24, 2023. The stock will continue trading on the Nasdaq Global Select Market under the symbol 'RIDE'.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 11:28 am