Streetbeat News

Equity Actions

PHUN

Phunware shares are trading lower after the company announced a $120 million offering.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:26 pm

NDRA

ENDRA Life Sciences has announced the pricing of an $8 million offering at $0.22 per share.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 1:21 pm

CGRO

PGJ

TCOM

Trip.com Group Limited (NASDAQ:TCOM) shares are trading lower after the company announced a proposed offering of $1.3 billion of convertible senior notes. The company plans to use the proceeds to repay debt, expand overseas operations, and meet working capital requirements. Additionally, Trip.com plans to repurchase up to $400 million of its ADSs. Investors can gain exposure to the stock via Tidal Trust II CoreValues Alpha Greater China Growth ETF (NYSE:CGRO) and Invesco Golden Dragon China ETF (NASDAQ:PGJ).

Portfolio Pulse from Lekha Gupta

June 04, 2024 | 1:10 pm

BBSI

Barrett Business Services, Inc. (NASDAQ:BBSI) has announced a four-for-one stock split in the form of a stock dividend. Shareholders of record on June 14, 2024, will receive three additional shares for each share held, with distribution on June 21, 2024. Trading will resume on a split-adjusted basis on June 24, 2024. The split aims to improve trading efficiency and make stock ownership more accessible.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:34 pm

SLNO

Soleno Therapeutics (NASDAQ:SLNO) will join the Russell 3000 Index effective July 1, 2024, as part of the annual reconstitution of the Russell US Indexes.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:26 pm

BPTH

Bio-Path Holdings shares are trading lower following the announcement of a $4 million private placement.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:19 pm

RGLS

Regulus Therapeutics Inc. (NASDAQ:RGLS) announced its expected addition to the Russell 3000 and Russell 2000 indexes, effective July 1st, 2024. This inclusion is based on a preliminary list of additions posted on May 24th.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:13 pm

PLSE

Pulse Biosciences, Inc. (NASDAQ:PLSE) has commenced a rights offering of up to $60 million of units. The subscription rights will expire on June 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:12 pm

AON

Aon plc has announced the appointment of Edmund Reese as the new CFO, effective July 29, 2024. Reese, with over 25 years of financial leadership experience, will succeed Christa Davies, who will certify the second quarter 2024 results before transitioning to a senior advisor role until her retirement.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:12 pm

VTSI

VirTra, Inc. (Nasdaq: VTSI) is set to join the Russell 3000 Index at the conclusion of the 2024 Russell indexes annual reconstitution, effective after the US market opens on July 1.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:11 pm