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Equity Actions

DOCU

DocuSign, Inc. (NASDAQ:DOCU) reported better-than-expected Q1 earnings and announced a $1 billion increase to its stock repurchase program. Despite the positive results, analysts from Baird, B of A Securities, and Needham lowered their price targets for the stock.

Portfolio Pulse from Avi Kapoor

June 07, 2024 | 1:09 pm

EBTC

Enterprise Bank has appointed Steven Larochelle as the new CEO, succeeding John 'Jack' Clancy Jr.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:01 pm

IRMD

IRadimed Corporation (NASDAQ:IRMD) announced that its common stock will uplist to the Nasdaq Global Market, effective June 14, 2024. The stock will continue to trade under the ticker symbol 'IRMD'.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:42 pm

LIVE

Live Ventures has announced a $10 million stock buyback program, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:30 pm

BCDA

GME

ODD

Market-Moving News for June 7th: GameStop (GME) shares drop 16% after poor Q1 results and a new share offering. BioCardia (BCDA) surges 65% on a new patent grant. ODDITY Tech (ODD) rises 8% following a share buyback approval and raised Q2 guidance.

Portfolio Pulse from ryanfaloona@benzinga.com

June 07, 2024 | 12:26 pm

KRG

Kite Realty Group Trust has filed with the SEC for an offering of up to 9.9 million common shares.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:22 pm

GRRR

Gorilla Technology Group Inc. (NASDAQ: GRRR) announced a $12 million registered direct offering with existing institutional investors, involving the sale of 2,142,858 ordinary shares and warrants at a combined price of $5.60 per share. The proceeds will be used for working capital needs.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:11 pm

GRRR

Gorilla Technology has entered into securities purchase agreements for a $12 million registered direct offering. The offering includes the sale of 2,142,858 ordinary shares and warrants to purchase an equal number of shares at $5.60 per share. The warrants are exercisable at $5.90 per share and will expire five years from issuance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:09 pm

WLDS

Wearable Devices has entered a standby equity purchase agreement with YA II PN for up to $10 million in ordinary shares. YA is committed to purchasing these shares over three years at a 3% discount of the lowest daily VWAP during a three-day period following an advance notice by the company.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:06 pm

ODD

ODDITY Tech shares are trading higher after the company approved a share buyback and raised its Q2 guidance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:04 pm