Equity Actions
BABA
Alibaba's board has approved the process to start external financing for its International Digital Commerce Business Group, aiming to expand its global presence.
Portfolio Pulse from
Benzinga Newsdesk
May 18, 2023 | 11:07 am
PRLD
Prelude Therapeutics announced the pricing of its public offering, consisting of 3,048,522 voting common stock shares, 1,448,222 non-voting common stock shares, and pre-funded warrants for up to 12,895,256 common stock shares. The total gross proceeds are expected to be $100 million.
Portfolio Pulse from
Benzinga Newsdesk
May 18, 2023 | 11:06 am
PLTR
Palantir Technologies Inc (NYSE:PLTR) stock is likely to extend gains today, following a 1.37% rise in premarket trading to $10.39. The stock has gained momentum since its Q1 results on May 8, with prices jumping over 23% in a single session. Ark Invest added 1.26 million Palantir shares valued at about $13 million on Wednesday. However, sell-side firms have an average price target of $8.88, suggesting a 13% downside.
Portfolio Pulse from
Shanthi Rexaline
May 18, 2023 | 10:52 am
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