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Equity Actions

IOVA

Iovance Biotherapeutics has priced its public offering at $7.50 per share, expecting to raise approximately $150 million in gross proceeds before deductions for underwriting discounts, commissions, and other estimated offering expenses.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 5:49 am

FSR

HOOD

IOVA

RIOT

TSLA

U.S. stocks traded higher with the Nasdaq Composite, Dow, and S&P 500 all seeing gains. Fisker Inc (FSR) closed 17.17% higher after announcing a convertible notes offering. Robinhood Markets Inc (HOOD) closed 3.89% higher with unusual options activity. Tesla Inc (TSLA) closed 1.76% lower despite an upgraded price target. Riot Platforms Inc (RIOT) closed 8.91% higher with unusual options activity. Iovance Biotherapeutics Inc (IOVA) closed 21.41% higher after announcing positive regulatory and clinical updates.

Portfolio Pulse from Benzinga Newsbot

July 11, 2023 | 12:20 am

BK

KZIA

Bank of New York Mellon has increased its stake in Kazia Therapeutics from 32.16% on April 5, 2023, to 36.21% on July 7, 2023.

Portfolio Pulse from Charles Gross

July 10, 2023 | 11:12 pm

BLK

BTCUSD

XRPUSD

Ex-SEC head Jay Clayton stated that approval of a Bitcoin ETF could be a 'hard to resist' prospect, acknowledging the significant strides made in the digital asset space. He noted that a well-defined regulatory framework could make the approval of an ETF more likely. Leading financial firms including BlackRock Inc and Fidelity have recently lodged their Bitcoin ETF applications.

Portfolio Pulse from Murtuza Merchant

July 10, 2023 | 9:22 pm

ASTR

Astra Space's board of directors has approved a reverse stock split, which is expected to be completed on or before October 2, 2023. The exact ratio and timing of the split will be determined by the board, but it will be in the range of 1-for-5 to 1-for-15.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 9:18 pm

DWAC

Digital World has appointed Eric Swider as its permanent CEO, effective from July 6, 2023. Swider has been serving as the Interim CEO since March 19, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 9:16 pm

INCR

Intercure has announced its plans to voluntarily delist from the Toronto Stock Exchange. However, it will continue to be listed on the NASDAQ and TASE.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 9:01 pm

GBTG

American Express Global Business Travel (GBTG) has announced a simplification of its corporate structure, including the elimination of its Up-C structure. This move is expected to improve market data integrity and increase its weighting on indices.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 8:54 pm

IOVA

Iovance Biotherapeutics has announced a proposed public offering of common stock worth $150 million. The proceeds will be used for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

July 10, 2023 | 8:35 pm

AMD

AMD has announced the appointment of Phil Guido as the new Chief Commercial Officer. Guido, who has over 30 years of experience at IBM, will be responsible for leading the AMD worldwide sales organization. The company aims to accelerate the adoption of its products with commercial and data center customers. Darren Grasby, the former Chief Sales Officer, will transition into a new role as executive vice president, strategic partnerships.

Portfolio Pulse from Happy Mohamed

July 10, 2023 | 8:18 pm