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Equity Actions

DIBS

1stdibs.com announced a workforce reduction of 20% to reduce operating costs and realign investment priorities. The company estimates it will incur $1.9 million - $2.2 million in non-recurring restructuring charges, primarily for employee severance and benefits costs, in Q2 2023.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 9:28 pm

AAPL

SPY

Since Tim Cook took over as CEO of Apple Inc (NASDAQ:AAPL) in 2011, the company has reached new heights, becoming the first $2 trillion and $3 trillion public company. An investment of $1,000 in Apple stock at the time of Cook's appointment would be worth $14,178.06 today, a 1,317.8% increase over nearly 12 years. This significantly outperforms the S&P 500, as a $1,000 investment in the SPDR S&P 500 ETF Trust (NYSE:SPY) would be worth $3,748.97 over the same period, a return of 274.9%.

Portfolio Pulse from Chris Katje

June 28, 2023 | 9:24 pm

EFXT

Enerflex has announced the appointment of Rodney D. Gray as Senior Vice President and CFO, effective from July 1, 2023. Matthew Lemieux has been serving as the Interim CFO for the last three months.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 9:17 pm

ARES

SVV

Savers Value Village has priced its upsized IPO of 22.29 million shares at $18.00 per share. The company is offering about 18.75 million shares, while 3.54 million are being offered by funds managed by Ares Management Corporation's Private Equity Group. The shares are expected to start trading on the NYSE under the symbol 'SVV' on June 29, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 9:14 pm

ASH

Ashland Global Holdings Inc. (ASH) has announced a new $1 billion Evergreen share repurchase authorization. This move is expected to return value to shareholders and reflects the company's confidence in its financial stability and growth prospects.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 9:01 pm

SFT

Shift Technologies has announced that Sean Foy is no longer its COO, effective June 23, 2023. The company currently has no plans to fill the COO position, with CEO Ayman Moussa taking over most of Foy's operational duties.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 8:48 pm

LEU

Centrus Energy has filed for a mixed shelf offering of up to $200 million, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 8:39 pm

GFGD

Dana Barsky has resigned as President of Growth For Good Acquisition (GFGD). David Birnbaum has been named as the interim President.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 8:31 pm

USCB

USCB Financial Holdings has appointed Luis de la Aguilera as the new Chairman of the Board, succeeding Aida Levitan who had served in the role since 2017. Levitan will continue to contribute as a board member. De la Aguilera will also continue his roles as President and Chief Executive Officer.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 8:31 pm

BDTX

Black Diamond Therapeutics, Inc. (NASDAQ:BDTX) has announced a proposed public offering of $75 million of its common stock. The company also plans to grant underwriters a 30-day option to purchase up to an additional $11.25 million of its common stock. The completion and terms of the offering are subject to market and other conditions.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 8:25 pm