Streetbeat News

Equity Actions

BYRN

Byrna Technologies has been added to the Russell 3000 Index, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 8:05 pm

MHUA

Meihua International shares are trading higher after the company authorized a $3 million share buyback program.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:54 pm

JPM

JPMorgan Chase shares are trading higher after the company raised its dividend and authorized a buyback program.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:34 pm

MMM

Investors with significant capital have taken a bullish stance on 3M (NYSE:MMM), as observed through unusual options activity. Benzinga's options scanner identified 8 uncommon trades, with a mix of bullish and bearish sentiments. Analysts have recently upgraded 3M's stock, with a consensus target price of $122.5.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 7:31 pm

PPBT

Purple Biotech (PPBT) shares dropped by 11.5% to $0.37 after the company announced the exercise of warrants for $2 million in gross proceeds. The exercise involves purchasing 5,633,509 ADSs at a reduced price of $0.36 per ADS, down from $1.25 to $20.00 per ADS. In return, Purple Biotech will issue new unregistered Series A-1 and A-2 warrants.

Portfolio Pulse from Henry Khederian

July 01, 2024 | 6:21 pm

WNS

WNS Holdings has been included in the Russell 2000 Index as part of the annual reconstitution, effective after US markets opened on July 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 5:18 pm

SMID

Smith-Midland Corporation has been added to the Russell 2000 Index, effective July 1, 2024. This inclusion is expected to increase the company's visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 5:16 pm

DM

Craig-Hallum has maintained its Hold rating on Desktop Metal (NYSE:DM) but has adjusted the target price from $10 to $4 following a 1-for-10 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 4:43 pm

PPBT

Purple Biotech shares are trading lower after the company announced the exercise of warrants for $2 million gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 4:41 pm

ASNS

Actelis Networks Inc (NASDAQ:ASNS) shares dropped by 14.3% to $1.98 after announcing a $2.25 million capital raise through warrant exercise and new warrants issuance. The company will issue new unregistered warrants to purchase up to 1,999,340 shares at $1.75 per share, exercisable immediately for 24 months. The net proceeds will be used for general corporate purposes.

Portfolio Pulse from Henry Khederian

July 01, 2024 | 4:30 pm