Streetbeat News

Equity Actions

AMD

GME

NKLA

NVDA

TSLA

Major U.S. indices showed mixed results on Thursday. Nvidia, GameStop, AMD, Nikola, and Tesla were notable stocks on investors' radars. Nvidia fell by 3.54% despite being the world's most valuable listed company. GameStop rose by 3.60% following its annual shareholder meeting. AMD increased by 4.62% after confirming a cyberattack did not compromise critical data. Nikola plummeted by 31.46% due to a 1-for-30 reverse stock split. Tesla fell by 1.78% after RBC Capital Markets lowered its price target.

Portfolio Pulse from Benzinga Neuro

June 21, 2024 | 2:06 am

JBT

JBT Corporation will officially launch an offer for Marel hf. on June 24, 2024. Marel shareholders can choose to receive either all cash, all JBT common stock, or a combination of both for each Marel share.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 9:44 pm

AIRC

BX

RYAN

Ryan Specialty Holdings will replace Apartment Income REIT in the S&P MidCap 400, effective June 28. Blackstone Inc. is acquiring Apartment Income REIT, with the deal expected to close soon.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 9:43 pm

NG

NOVAGOLD has appointed Peter Adamek as Vice President and CFO, effective July 15, 2024, following the retirement of long-serving CFO David Ottewell. Ottewell will remain until the transition is complete.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 9:07 pm

MDRR

Medalist Diversified REIT's Board has approved a one-for-ten reverse stock split and a five-for-one forward stock split of its common stock, effective July 2, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 9:02 pm

DHC

Diversified Healthcare Trust (DHC) has filed for a mixed shelf offering of up to $1.5 billion, according to a recent SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:52 pm

BTMD

Biote has signed a binding term sheet with stockholder Marci M. Donovitz to resolve litigation. The agreement includes a $60 million repurchase of 8.3 million shares and the cancellation of 4.0 million earnout shares.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:47 pm

ASAN

Asana Inc. (NYSE:ASAN) announced a $150 million stock repurchase program and reaffirmed its forward guidance, leading to a 3.61% increase in its share price. The company aims to repurchase up to $150 million of its Class A common stock by June 30, 2025, and maintains its financial outlook for the second quarter and fiscal year 2025.

Portfolio Pulse from Erica Kollmann

June 20, 2024 | 8:44 pm

PNW

Pinnacle West has increased its board of directors from nine to twelve members, adding Ronald Butler, Carol Eicher, and Susan Flanagan as new directors.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:33 pm

FAMI

Farmmi has filed for a $100 million mixed securities shelf offering under Form F-3.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:21 pm