Streetbeat News

Equity Actions

EXPI

Exp World has amended its issuer repurchase plan with Stephens Inc, increasing the repurchase cap from $500 million to $1 billion.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 8:15 pm

UIHC

United Insurance Holdings Corp. (UIHC) has rejoined the Russell 3000 and Russell 2000 Index after the 2023 annual reconstitution. The inclusion is expected to strengthen the company's reach to the investment community and enhance visibility.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 8:09 pm

SVRA

Savara Inc. has been added to the Russell 3000 Index, which measures the performance of the 3,000 largest US-traded stocks.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 8:05 pm

MLTX

MoonLake Immunotherapeutics has announced a $250 million proposed underwritten public offering. The company plans to use the proceeds for general corporate purposes and to fund its clinical development programs.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 8:04 pm

CMG

Investor Business Daily SwingTrader has exited its entire position in Chipotle Mexican Grill (CMG) at $2027.32.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 4:44 pm

ORIC

Oric Pharmaceuticals has agreed to sell 12.1 million shares of its common stock to institutional and accredited healthcare specialist investors in a private placement for $7 per share, raising approximately $85 million. The proceeds will fund the company's operating plan into late 2025.

Portfolio Pulse from Nabaparna Bhattacharya

June 26, 2023 | 4:34 pm

PLBC

Plumas Bancorp (NASDAQ:PLBC) has been included in the Russell 2000 Index by FTSE Russell following its annual reconstitution. The inclusion is expected to enhance liquidity in PLBC's stock and broaden its shareholder base.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 3:31 pm

FDBC

Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) has been added to the Russell 3000 Index as part of the 2023 annual reconstitution. The index captures the 3,000 largest US stocks by market capitalization and is widely used by investment managers and institutional investors.

Portfolio Pulse from Happy Mohamed

June 26, 2023 | 3:08 pm

GENK

GEN Restaurant Group, Inc (NASDAQ:GENK) is set to start trading on June 27 on the NASDAQ exchange under the ticker GENK. The company is offering shares at an expected price between $10.00 and $12.00 per share with an insider lock-up period of 180 days.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 3:00 pm

TOON

Kartoon Studios (NYSE:TOON) shares are volatile after transferring its listing from Nasdaq to the New York Stock Exchange and completing a name change from Genius Brands (GNUS). The company sees this move as strategic, aligning with its vision to be a premier source of children's entertainment.

Portfolio Pulse from Adam Eckert

June 26, 2023 | 2:36 pm