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INDA

SPY

Doubleline Capital's Jeffrey Gundlach believes emerging markets have been very volatile, but India has a bright future over the next two decades.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 7:47 pm

TNON

Tenon Medical Inc's shares dropped by 54.85% after pricing its public offering of $5.6 million at $0.56 per unit. The units include common stock and warrants, which will trade on Nasdaq under the symbol 'TNONW' starting June 15, 2023.

Portfolio Pulse from Henry Khederian

June 14, 2023 | 7:31 pm

RDNT

RadNet Inc (RDNT) shares are down 8.71% after announcing the pricing of its underwritten public offering of 7.575 million shares at $29.75 per share, raising approximately $225 million. The company plans to use the proceeds to pay down $100 million of its first lien term loans and for general corporate purposes.

Portfolio Pulse from Henry Khederian

June 14, 2023 | 6:59 pm

BWV

CNVS

COHR

IPGP

MVIS

NEXT

TNON

WETG

The Dow Jones dropped around 400 points after the Federal Reserve held the fed funds rate unchanged at 5%-5.25%. Information technology shares jumped by 0.6%, with Coherent Corp. and IPG Photonics Corporation among the top gainers. WeTrade Group, NextDecade Corporation, and Blue Water Biotech saw significant increases in their share prices.

Portfolio Pulse from Lisa Levin

June 14, 2023 | 6:31 pm

RDNT

RadNet announced the pricing of its underwritten public offering of 7.575 million shares at $29.75 per share, raising approximately $225 million in gross proceeds. This news has led to a decline in RadNet's share price.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 5:51 pm

ZYXI

Zynex announces a $10 million buyback program, leading to higher trading of its shares.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 5:42 pm

ZYXI

Zynex Inc (NASDAQ:ZYXI) announced a new $10 million stock buyback program, starting on June 14, 2023, and ending on June 13, 2024, or when the buyback limit is reached. The company plans to finance the purchases with existing cash balances, which is not expected to have a material impact on capital levels.

Portfolio Pulse from Lekha Gupta

June 14, 2023 | 4:24 pm

WKHS

Workhorse Group Inc (NASDAQ:WKHS) shares are trading higher by 8.61% to $1.01, following a 0.3% month-on-month slump in the Producer Price Index (PPI) for May. The softer PPI report suggests that raw material and input prices may not be increasing rapidly, potentially helping Workhorse manage production costs and improve profit margins.

Portfolio Pulse from Henry Khederian

June 14, 2023 | 4:19 pm

MVIS

WETG

U.S. stocks traded mixed with Dow Jones dropping over 100 points, while NASDAQ and S&P 500 rose. Crude oil inventories climbed by 7.919 million barrels, against market estimates of a 0.51 million decline. WeTrade Group shares surged after launching an AI-generated language model, while MicroVision shares plummeted following a proposed public offering.

Portfolio Pulse from Lisa Levin

June 14, 2023 | 4:10 pm

E

Italy's Eni is in advanced talks with investors to sell a minority stake of 5% to 15% in its renewable and retail unit, Plenitude, in a private deal. Plenitude could be valued at over €6 billion in the potential sale.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2023 | 3:39 pm