Streetbeat News

Equity Actions

OPAD

Offerpad Solutions Inc. (NYSE: OPAD) announced a 1-for-15 reverse stock split for its Class A and Class B common stock, effective June 12, 2023. The Class A Common Stock will trade on a reverse split-adjusted basis on the NYSE under the symbol 'OPAD'. The number of shares issuable on exercise of each warrant will be proportionately decreased.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 8:14 pm

FWRG

First Watch Restaurant Group (FWRG) announces a 3 million secondary offering of common stock, which may dilute existing shareholders' ownership and impact the stock price.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 8:11 pm

JRVR

James River Group Holdings (JRVR) announced that its Non-Executive Chairman, founder, and former CEO J. Adam Abram will not stand for re-election at the 2023 Annual Meeting. Lead Independent Director Ollie L. Sherman, Jr. will be the next Non-Executive Chairman.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 8:07 pm

CMT

Core Molding Technologies (CMT) is set to join the Russell 3000 Index, which could lead to increased visibility and trading volume for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 8:06 pm

ELEV

Elevation Oncology has announced the launch of a proposed public offering, with no size disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 8:05 pm

EXFY

Expensify (EXFY) is set to join the Russell 3000 Index, which could lead to increased visibility and demand for the stock.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 8:01 pm

FLGC

Flora Growth announced a 1-for-20 reverse stock split, with shares trading lower following the announcement. The post-reverse stock split trading will commence on June 9.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 7:55 pm

PRPO

Precipio announced the pricing of a $2 million registered direct offering and a concurrent private placement, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 7:52 pm

DBI

Designer Brands Inc. (NYSE:DBI) shares are trading higher after announcing a buyback of up to $100 million, despite weak earnings and a guidance cut. The company reported adjusted quarterly earnings of 21 cents per share, missing analyst estimates, and lowered its fiscal year 2023 earnings per share guidance.

Portfolio Pulse from Ryan Gustafson

June 08, 2023 | 7:40 pm

MBLY

Mobileye Global announced the pricing of a previously announced underwritten secondary public offering of 38.5 million shares at $42 per share, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 7:36 pm