Streetbeat News

Equity Actions

DBI

Designer Brands announced a share buyback of up to $100 million, offsetting weak earnings and a guidance cut. This has led to the company's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 3:17 pm

SXTP

60 Degrees Pharmaceuticals, Inc (NASDAQ:SXTP) is set to start trading on June 9th on the NASDAQ exchange under the ticker SXTP. The company is offering shares at an expected price between $4.30 and $6.30 per share with an insider lock-up period of 180 days.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 3:00 pm

PRVA

Privia Health Group (PRVA) shares are trading higher after S&P Dow Jones Indices announced that the company will replace Ruth's Hospitality in the S&P SmallCap 600 index.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 2:37 pm

CAH

Cardinal Health provided guidance ahead of its investor day and approved a $3.5 billion share repurchase authorization, leading to higher trading of its shares.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 2:19 pm

AAPL

META

MSFT

NFLX

NVDA

SPY

TSLA

Market Clubhouse Morning Memo discusses the stock analysis of SPY, META, NVDA, MSFT, AAPL, NFLX, and TSLA. The analysis is based on a proprietary formula that takes into account price, volume, and options flow. The memo suggests monitoring these stocks for potential breakouts or reversals and adjusting tactics based on the market's pulse.

Portfolio Pulse from RIPS

June 08, 2023 | 2:07 pm

EXPI

HSKA

EXp World Holdings shares are trading higher after the announcement that the company will replace Heska Corp in the S&P SmallCap 600 index.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 1:19 pm

CEG

Constellation (NASDAQ:CEG) is investing $350 million to improve the efficiency and output of its Criterion wind project in Oakland, Maryland, extending the facility's life for 20 years. This is part of a series of investments to accelerate renewable, nuclear, and clean-energy growth initiatives across the company.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 1:12 pm

SUNW

Sunworks announces a registered direct offering of 4.05 million shares at $1.14 per share, expecting to raise $4.617 million in gross proceeds. The offering is set to close on June 9, 2023, and the funds will be used for working capital and general corporate purposes.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 1:06 pm

PRPO

Precipio, Inc. announces a $2M registered direct offering and concurrent private placement, with the sale of 4,125,000 shares of common stock and pre-funded warrants. The offering is expected to close on June 12, 2023, and the net proceeds will be used for working capital and general corporate purposes.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 12:36 pm

HOFT

Hooker Furnishings Corp (NASDAQ:HOFT) reported a Q1 FY24 sales decline of 17.3% Y/Y to $121.82 million, missing consensus estimates. EPS of $0.13 beat analyst expectations. The company's board approved an additional $5 million share buyback authorization and declared a quarterly cash dividend of $0.22 per share.

Portfolio Pulse from Lekha Gupta

June 08, 2023 | 12:33 pm