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Equity Actions

CMG

Chipotle Mexican Grill shares are trading higher after the company reported better-than-expected Q2 financial results and authorized a $400 million buyback.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:23 pm

CMG

Chipotle Mexican Grill has authorized the repurchase of common stock worth $400 million, exclusive of commissions. This authorization is in addition to previously announced repurchase authorizations.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 8:13 pm

KARO

Karooooo shares are trading lower following the announcement of a $75 million secondary public offering.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 7:42 pm

COST

NVR

WMT

Costco Wholesale Corp (NASDAQ:COST) is in prime stock-split territory with its share price trading above $800. The company's strong financial performance and recent growth make it a noteworthy candidate for a stock split, similar to Walmart Inc's (NYSE:WMT) recent 3-for-1 split. Despite not having split its stock since 2000, Costco's robust revenue growth and increased membership fees indicate confidence in continued growth.

Portfolio Pulse from Surbhi Jain

July 24, 2024 | 7:04 pm

QXO

QXO shares are trading higher due to continued momentum following the company's announcement of a private placement financing on Monday.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 5:39 pm

AZTR

Azitra Inc. (AMEX:AZTR) shares are crashing after the company announced a $10 million public offering of 6,665,000 common shares and Class A warrants at $1.50 per share. The stock is down 74.8% to $1.25 following the announcement.

Portfolio Pulse from Erica Kollmann

July 24, 2024 | 4:44 pm

AZTR

LW

NUWE

PIRS

PRG

SGMO

TSLA

U.S. stocks traded lower with the Dow down 0.76%, NASDAQ down 2.89%, and S&P 500 down 1.75%. Tesla shares plunged over 11% after Q2 results, missing earnings estimates but beating revenue expectations. Pieris Pharmaceuticals, Sangamo Therapeutics, and PROG Holdings saw significant gains, while Azitra, Nuwellis, and Lamb Weston Holdings experienced sharp declines.

Portfolio Pulse from Avi Kapoor

July 24, 2024 | 4:30 pm

OS

OneStream shares opened for trade at $26 per share, significantly higher than its IPO price of $20 per share.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 3:38 pm

BLMZ

BloomZ (BLMZ) shares opened for trade at $3.60 per share, below its IPO price of $4.30 per share.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 3:16 pm

CON

Concentra Group Holdings Parent, Inc (NYSE:CON) is set to IPO on July 25 on the NYSE, with shares priced between $23.00 and $26.00. The company aims to be the largest provider of occupational health services in the U.S. An insider lock-up period will last until January 21, 2025.

Portfolio Pulse from Benzinga Insights

July 24, 2024 | 3:00 pm