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DM

SSYS

Desktop Metal, Inc. (NYSE:DM) has adopted a limited duration shareholder rights plan, set to expire on the earlier of July 24, 2024, or the effective date of the merger between Desktop Metal and Stratasys Ltd. (NASDAQ:SSYS). The plan aims to maximize shareholder value and ensure fair treatment of all shareholders.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 12:10 pm

OCS

Oculis has announced the launch of a proposed follow-on public offering of 5 million ordinary shares.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 11:08 am

MX

Magnachip Semiconductor plans to separate its display and power businesses into separate entities by establishing a new subsidiary, NewCo, under Magnachip Korea. The internal split-off is expected to be completed in Q4 2023.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 10:57 am

AUMN

Golden Minerals Company (TSX:AUMN) announced a 1-for-25 reverse stock split, approved by its stockholders and board of directors.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 10:49 am

GLNG

Golar LNG (GLNG) has approved a share buyback program of up to $150 million and reinstated a quarterly dividend of $0.25 per share.

Portfolio Pulse from Charles Gross

May 30, 2023 | 10:37 am

SXTP

60 Degrees Pharmaceuticals, Inc (NASDAQ:SXTP) is set to go public on June 1, 2023, with a price range of $4.30 to $6.30 and a 180-day lockup period. The company will be offering 1,415,000 shares at a per-share value of $5.30.

Portfolio Pulse from Benzinga Insights

May 28, 2023 | 9:57 pm

EGHT

FRPT

GM

PARA

RING

SNOW

Barron's weekend stock picks include Freshpet facing a proxy battle with Jana Partners, GM's CFO buying shares despite a failed rally, and Snowflake facing growth concerns and competition. RingCentral and 8x8 stocks soar as activist Sylebra Capital discloses large stakes, and Paramount's controlling shareholder receives a $125 million investment.

Portfolio Pulse from Justin Chan

May 27, 2023 | 11:23 pm

NVDA

Economist David Rosenberg warns of a price bubble in the stock market, comparing the current AI-fueled rally to the dot-com era of the 1990s. He believes the current environment is taking on a mania of sorts, with technology stocks now having a 27% weighting in the S&P 500 Index.

Portfolio Pulse from Shanthi Rexaline

May 27, 2023 | 4:13 pm

SRE

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

Portfolio Pulse from Happy Mohamed

May 26, 2023 | 8:25 pm

ABG

Asbury Automotive Group has approved a new stock repurchase authorization of $250 million, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

May 26, 2023 | 8:00 pm