Streetbeat News

Equity Actions

MJID

Majestic Ideal Holdings Ltd (NASDAQ:MJID) is set to IPO on July 2nd on the NASDAQ exchange with shares priced between $4.00 and $5.00. The insider lock-up period will end on December 29, 2024. The company provides SCM services in the apparel industry.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 3:00 pm

CHWY

SMH

SPY

The market is currently awaiting key Supreme Court decisions. In France, Marine Le Pen is leading after the first round of elections. Roaring Kitty has disclosed a 6.6% stake in Chewy. Chip stocks are experiencing a sell-off.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:15 pm

ATI

Kimberly A. Fields has been appointed as the President and CEO of ATI Inc., succeeding Robert S. Wetherbee, who will now serve as Executive Chairman. Fields has been with ATI since 2022 and has contributed to the company's growth and operational improvements.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 1:31 pm

DJT

Trump Media & Technology Group has been added to the Russell 1000 and Russell 3000 indexes, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 1:29 pm

CIA

Citizens, Inc. (NYSE:CIA) announces that Jon Stenberg, currently President, will become CEO effective July 1, 2024. Gerald W. Shields will continue as Vice Chairman of the Board.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 1:22 pm

CAPR

Capricor Therapeutics (NASDAQ:CAPR) will join the Russell 2000 and Russell 3000 indexes, 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 | 1:11 pm

XTIA

XTI Aerospace (XTIA) shares are trading higher following an agreement with FC Imperial Limited for a proposed equity investment of up to $55 million in convertible preferred stock, valuing the company at $275 million post-money.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 1:11 pm

FOSL

Fossil Group, Inc. (NASDAQ:FOSL) has appointed Andrew Skobe as the Interim CFO, effective immediately, following the departure of Sunil Doshi. Doshi will stay until July 19, 2024, to ensure a smooth transition. The company is searching for a permanent CFO.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 1:10 pm

PPBT

Purple Biotech Ltd. (NASDAQ/TASE: PPBT) has entered into agreements for the exercise of existing warrants to purchase 5,633,509 American Depositary Shares (ADSs) at a reduced exercise price of $0.36 per ADS, generating $2 million in gross proceeds. The offering is expected to close on or about July 2, 2024, with H.C. Wainwright & Co. acting as the exclusive placement agent.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 1:09 pm

SNCR

Synchronoss Technologies Inc. (NASDAQ:SNCR) will join the Russell Microcap Index following the 2024 Russell US Indexes annual reconstitution, effective after the US market opens on July 1.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 1:09 pm