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Equity Actions

RELI

Reliance Global Group shares are trading lower following the announcement of a 1-for-17 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 3:03 pm

CNSP

CNS Pharmaceuticals shares are trading lower following the announcement of a registered direct offering and concurrent private placement of 568,000 shares at $2.45 per share.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 3:02 pm

WBTN

WEBTOON Entertainment Inc. (NASDAQ:WBTN) is set to IPO on June 27 on the NASDAQ exchange with shares priced between $18.00 and $21.00. The insider lock-up period will end on December 24, 2024.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 3:00 pm

OSTX

OS Therapies Incorporated (NYSE:OSTX) is set to IPO on June 27 on the NYSE, offering shares at $4.00 each. The insider lock-up period will last 180 days, ending on December 24, 2024. The company focuses on treatments for osteosarcoma and other solid tumors.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 3:00 pm

NUWE

Nuwellis shares are trading lower following the company's announcement of a 1-for-35 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:59 pm

MASI

Masimo Corporation has filed an investor presentation highlighting its strategic initiatives for growth and margin expansion. The company is urging stockholders to vote for its current leadership, Joe Kiani and Christopher Chavez, against Politan's bid for control, which Masimo claims lacks a clear plan and poses a risk to stockholder value.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:36 pm

FDX

FedEx Corp (NYSE:FDX) shares are trading higher after reporting better-than-expected Q4 financial results and announcing a $2.5 billion stock repurchase plan. The company beat revenue and EPS estimates, with significant improvements in FedEx Ground and FedEx Freight operations. Multiple analysts raised their price targets for FedEx following the earnings report.

Portfolio Pulse from Adam Eckert

June 26, 2024 | 2:33 pm

CGNT

Cognyte Software's 13D filing reveals that Ido Nouberger has reported a 9.41% stake in the company as of June 19, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:17 pm

TSHA

Taysha Gene Therapies (NASDAQ:TSHA) announced a $75M public offering of 14,361,113 shares at $2.25 per share. The offering includes pre-funded warrants and an option for underwriters to purchase an additional 15% of shares. The offering is expected to close on June 27, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 1:19 pm

RELI

Reliance Global Group, Inc. (NASDAQ:RELI) announced a 1-for-17 reverse stock split to regain compliance with Nasdaq's $1.00 minimum bid price requirement. The reverse split will take effect on June 28, 2024, and the stock will trade on a split-adjusted basis starting July 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 1:18 pm