Streetbeat News

Equity Actions

PSQH

PSQ Holdings' Chairman and CEO Michael Seifert, CFO Brad Searle, and Investor and Advisor Donald Trump Jr. have extended their lock-up agreements for an additional 12 months in Q3 2024, signaling strong belief in the company's future.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 2:37 pm

RNA

Avidity Biosciences shares are trading lower after the company proposed a $250 million public offering of common stock.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 2:37 pm

USFD

US Foods shares are trading higher following the announcement of a $211 million share repurchase from Sachem Head Capital Management LP.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 2:36 pm

NKE

Traders are circulating unconfirmed analyst comments suggesting that a significant activist investor may be involved with Nike. The speculation includes a push for Dave Powers to become the new CEO.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:59 pm

CMG

SBUX

Chipotle Mexican Grill Inc (NYSE:CMG) shares are trading slightly higher after a 7.5% drop due to the departure of CEO Brian Niccol, who will join Starbucks Corp (NYSE:SBUX) as chairman and CEO. Chipotle appointed COO Scott Boatwright as Interim CEO and Jack Hartung as President of Strategy, Finance, and Supply Chain. Analysts have mixed reactions, with some maintaining or lowering price targets.

Portfolio Pulse from Adam Eckert

August 14, 2024 | 1:29 pm

TCBP

TC BioPharm (NASDAQ:TCBP) shares dropped 44% to $2.00 after announcing a 2 million unit offering at $1 per unit. The funds will support a clinical trial for Acute Myeloid Leukemia and other expenses. The stock has decreased 96.36% over the past year and 59.44% over the past month, with an RSI of 20.56 indicating oversold conditions.

Portfolio Pulse from Henry Khederian

August 14, 2024 | 1:21 pm

POCI

Precision Optics shares are trading lower following the announcement of a $1.4 million registered direct offering.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:12 pm

SYTA

Siyata Mobile shares are trading lower after the company announced a $4 million offering of common shares and pre-funded warrants at $1.70 per share.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:11 pm

ANAB

AnaptysBio shares are trading higher following the announcement of a public offering of 2,750,498 shares of common stock at $36.50 per share.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:07 pm

SYTA

Siyata Mobile has announced the pricing of a $4 million offering of common shares and pre-funded warrants at a price of $1.70 per share.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:02 pm