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Equity Actions

ASAN

Asana shares are trading higher following the announcement of a $150 million stock repurchase program.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 3:40 pm

GM

Whales have taken a bearish stance on General Motors (NYSE:GM) with significant options activity. 50% of the trades were bearish, with a notable volume of puts and calls targeting a price range of $40.0 to $65.0. Analysts maintain a Buy rating with target prices between $61 and $75.

Portfolio Pulse from Benzinga Insights

June 21, 2024 | 3:31 pm

ASAN

CLOV

HTZ

SPR

SRPT

U.S. stocks were mixed on Friday, with the Dow Jones index gaining around 50 points. Notable stock movements included Asana's 13.4% rise following a $150 million share repurchase program, Sarepta Therapeutics' 39.2% jump after FDA approval, and Clover Health's 31% gain due to insider buying. Other significant gainers included Hertz Global, Avid Bioservices, Cabaletta Bio, ADTRAN Holdings, Studio City International, Codere Online Luxembourg, Methode Electronics, Ironwood Pharmaceuticals, Enviri Corporation, PTC Therapeutics, and Spirit AeroSystems.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 2:45 pm

RECT

Trading halt status was updated at 10:35:00 AM ET for an IPO security, which has now been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 2:35 pm

KAVL

Kaival Brands has priced a unit offering of 3,921,500 units at $15.3 per unit.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 1:15 pm

SISI

Shineco has reached an agreement through a Securities Purchase Agreement with certain non-U.S. investors to sell 1.4 million shares of its common stock at $5.00 per share. This offering is designed explicitly for purchasers who are neither U.S. residents nor defined as 'U.S. Persons' under Rule 902(K) of Regulation S, aiming to raise approximately $7.0 million in gross proceeds before customary expenses.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 1:10 pm

RVSB

Riverview Bancorp has announced the appointment of Nicole Sherman as the new President and CEO, effective July 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 1:01 pm

CRKN

Crown Electrokinetics Corp. (NASDAQ:CRKN) shares are trading lower after the company announced a 1-for-150 reverse stock split, effective June 25. The company also secured a $12 million dark fiber construction project and received conditional approval for continued Nasdaq listing.

Portfolio Pulse from Erica Kollmann

June 21, 2024 | 12:54 pm

CRKN

Crown Electrokinetics shares are trading lower following the announcement of a 1-for-150 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 12:48 pm

ABL

Abacus Life shares are trading lower following the announcement of a public offering of common stock.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 12:47 pm