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Equity Actions

QMMM

QMMM Holdings has priced its $8.6 million Initial Public Offering (IPO) of 2.15 million ordinary shares at $4 per share. The offering is expected to close around July 22, 2024, pending customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 5:57 am

ARKW

BEAM

GH

GTLB

TSLA

TXG

Cathie Wood's Ark Invest sold $8 million worth of Tesla shares despite a bullish forecast on Tesla's potential in the autonomous taxi sector. The ARK Next Generation Internet ETF sold 32,199 shares of Tesla. Additionally, Ark Invest's Genomic Revolution ETF bought shares of Guardant Health, 10X Genomics, and Beam Therapeutics, while the ARKW fund also bought shares of GitLab.

Portfolio Pulse from Benzinga Neuro

July 19, 2024 | 2:12 am

ADVM

Chardan Capital has maintained its Buy rating on Adverum Biotechnologies (NASDAQ:ADVM) and adjusted the price target to $40 from $4, following a reverse stock split of 1:10.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 9:12 pm

KITT

Nauticus Robotics shares are trading lower after the company announced a 1-for-36 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:42 pm

DTST

Data Storage Corporation has filed a $50 million mixed securities shelf offering, which allows the company to issue various types of securities over time. This move is aimed at raising capital for potential future investments and operational needs.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:41 pm

PLUG

Plug Power, Inc. (NASDAQ:PLUG) shares are trading lower after-hours following the announcement of a $200 million public offering of its common stock. The company plans to use the proceeds for general corporate purposes. PLUG shares have lost over 77% in the past year and are down 11.64% after-hours.

Portfolio Pulse from Erica Kollmann

July 18, 2024 | 8:37 pm

NE

Noble Corporation has announced its decision to delist from Nasdaq Copenhagen while continuing to remain listed on the New York Stock Exchange (NYSE).

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:32 pm

KITT

Nauticus Robotics has announced a 1-for-36 reverse stock split following approval from its board of directors. This move is aimed at increasing the company's stock price and maintaining its listing on the stock exchange.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:30 pm

MDU

MDU Resources Group, Inc. (NYSE:MDU) has announced the leadership team for Everus Construction Group, which will become an independent, publicly traded company following a spinoff expected to be completed in late 2024. Key executives include Jeffrey Thiede as President and CEO, Thomas Nosbusch as COO, and Maximillian Marcy as CFO.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:27 pm

SCLX

Scilex Holding Company (SCLX) has a selling shareholder who has filed for the sale of up to 3.5 million shares. This move could potentially impact the stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:24 pm