Streetbeat News

Equity Actions

RENB

Renovaro, Inc. (NASDAQ:RENB) has secured $10 million in additional equity at a price per share of $1.4726 with 10% warrant coverage. The company is optimistic about securing further financing from various US and European institutions.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:15 pm

TEN

Tsakos Energy Navigation has announced a change in its NYSE ticker symbol from 'TNP' to 'TEN'.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:02 pm

TSLA

Tesla shares are trading higher after shareholders approved Elon Musk's pay package and other proposals.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:58 pm

QXO

QXO shares are trading lower following the announcement of a $3.5 billion private placement.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:57 pm

NBY

NovaBay Pharmaceuticals has announced a warrant exercise at a reduced price of $2.50 per share, resulting in the exercise of 90,381 shares and generating $225,952 in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:50 pm

CAT

FCX

QCOM

SBUX

CNBC's 'Final Trades' featured stock picks from various analysts. Jim Lebenthal recommended Qualcomm (QCOM), citing strong technicals and fundamentals. Bryn Talkington highlighted Freeport-McMoRan (FCX) for its support at $45 and new CEO. Jason Snipe chose Caterpillar (CAT), which recently raised its dividend and share repurchase program. Joshua Brown picked Starbucks (SBUX), which won a significant Supreme Court ruling. Stock price movements were mixed, with QCOM and SBUX gaining, while FCX and CAT saw declines.

Portfolio Pulse from Avi Kapoor

June 14, 2024 | 12:43 pm

TPVG

TriplePoint Venture Growth BDC announced that CFO Christopher M. Mathieu will retire on August 9, 2024, and will continue as an advisor through December 31, 2024. The company has initiated a search for his successor.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:31 pm

IRON

Disc Medicine has announced an underwritten public offering of 4.944 million shares at $36 per share, aiming to raise $178 million.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:08 pm

GRI

GRI Bio has announced a 1-for-13 reverse stock split effective June 17, 2024. The company aims to regain compliance with Nasdaq listing requirements. Trading on a split-adjusted basis will begin on June 18, 2024, under a new CUSIP.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:07 pm

AVGR

Avinger has priced an offering of 3,614,457 shares and warrants to purchase an equal number of shares at $1.66 per share and accompanying warrant. The company expects gross proceeds of $6 million upfront and potential proceeds of $18 million if the series warrants are fully exercised on a cash basis.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 12:06 pm