Streetbeat News

Equity Actions

DOCS

Doximity's shares are trading higher following the announcement that the company will be added to the S&P MidCap 400 index.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 3:03 pm

CPE

HPK

MRO

OXY

VLO

US oil stocks are set to benefit from a tightening global crude market due to recent OPEC+ summit outcomes. Saudi Arabia's commitment to additional output cuts and the extension of voluntary cutbacks by OPEC+ nations have created a favorable outlook for oil prices. Goldman Sachs reiterates its December 2023 price projection of $95 per barrel. Five US oil stocks poised for growth are Valero Energy Corp. (VLO), Marathon Oil Corp. (MRO), Occidental Petroleum Corporation (OXY), Callon Petroleum Corp. (CPE), and HighPeak Energy, Inc. (HPK).

Portfolio Pulse from Piero Cingari

June 05, 2023 | 2:35 pm

CJET

Chijet Motor Company (CJET) stock is trading 100% higher at $7.60 due to post-IPO volatility after its NASDAQ debut on Friday. The stock has witnessed a trading volume of over 6 million shares, surpassing the 1.7 million shares traded during its IPO.

Portfolio Pulse from Henry Khederian

June 05, 2023 | 1:54 pm

DISH

PANW

SPY

Palo Alto Networks (PANW) shares climbed nearly 5% after it was announced that the cybersecurity firm will join the S&P 500, replacing DISH Network Corp (DISH). The reshuffling will take effect on June 20. Other companies affected by the reshuffle include Doximity (DOCS), Berry Global Group (BERY), and Planet Fitness (PLNT), among others.

Portfolio Pulse from AJ Fabino

June 05, 2023 | 1:28 pm

CNTMF

Cansortium Inc. has issued 2 million common shares to certain directors in exchange for the cancellation of $162,500 of director fees. The debt shares are issued at a price equal to the closing market price of the common shares on June 1, 2023, being $0.08.

Portfolio Pulse from Vuk Zdinjak

June 05, 2023 | 12:34 pm

DG

Dollar General has filed for a mixed shelf offering with the SEC, but the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 12:24 pm

GAME

GameSquare, an esports company, is set to join the Russell Microcap Index on June 26. This inclusion will increase the company's visibility and potentially attract more investors.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 12:23 pm

AMRK

A-Mark Precious Metals (AMRK) has increased its share repurchase program to up to 1 million shares, signaling the company's confidence in its future prospects.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 12:07 pm

CYTH

RFL

Cyclo Therapeutics has executed a definitive agreement with Rafael Holdings for a $5 million private placement. This will provide additional funding for the company's ongoing operations.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 12:06 pm

BTMD

Biote announces a secondary offering of 5,217,392 shares by stockholders at $5.35 per share.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 11:54 am