Streetbeat News

Equity Actions

CVX

Berkshire Hathaway has reduced its stake in Chevron by 3.11 million shares.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:17 pm

HPQ

Berkshire Hathaway has dissolved its stake in HP, indicating a significant shift in its investment strategy. This move could impact HP's stock price in the short term as investors react to the news.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:15 pm

GLUE

Monte Rosa Therapeutics (NASDAQ:GLUE) has announced a public offering of its common stock and pre-funded warrants. The size and terms of the offering have not been disclosed. TD Cowen and Wedbush PacGrow are the joint book-running managers.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:13 pm

AAPL

BRK/A

Berkshire Hathaway has decreased its stake in Apple by 116.19 million shares, which could impact both companies' stock prices in the short term.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:13 pm

CIVI

Civitas Resources announced a public offering of 6.956 million shares by a selling stockholder, an affiliate of the Canada Pension Plan Investment Board.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:10 pm

AHT

Blackwells Capital has successfully forced the resignation of Ashford Hospitality Trust's Chairman Monty J. Bennett and Director Kamal Jafarnia after they failed to secure enough votes for re-election. The remaining directors were narrowly re-elected by low percentages, indicating a clear mandate for change from stockholders.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:06 pm

IZM

ICZOOM Group announced that Qiang He has tendered his resignation as CFO, effective from May 15, 2024. The resignation is due to personal reasons and not related to any disagreements with the company's operations, policies, or procedures. CEO Lei Xia will temporarily assume the CFO role until a replacement is appointed.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 8:05 pm

AMC

GME

GameStop (GME) and AMC Entertainment (AMC) saw significant gains earlier in the week, causing substantial losses for short sellers. Hedge fund Renaissance Technologies increased its stakes in both companies in Q1, potentially benefiting from the surge. Despite a pullback on Wednesday, GME and AMC shares remain significantly up for the week.

Portfolio Pulse from Adam Eckert

May 15, 2024 | 6:44 pm

RDDT

Tiger Global Management has taken a 500,000 share stake in Reddit, as revealed in their latest 13F filing.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 6:34 pm

SE

Tiger Global Management has increased its stake in Sea Ltd (SE) from 14.3 million shares to 15 million shares, as revealed in their latest 13F filing.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 6:31 pm