Streetbeat News

Equity Actions

DLA

Delta Apparel is exploring the potential sale of its Salt Life business and evaluating strategic options. The company approved the DTG2Go exit plan due to market, operational, and liquidity challenges, including the loss of its largest customer. Delta Apparel's deteriorating liquidity is preventing it from purchasing raw materials and paying employee compensation.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:22 pm

DLA

Delta Apparel has announced that it will cease all production operations related to its DTG2Go business as of June 13, 2024, as part of its exit plan.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:19 pm

FBLG

FibroBiologics has filed a prospectus with the SEC for the resale of up to 16 million shares of common stock by GEM.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:16 pm

PSNY

Polestar has announced that Håkan Samuelsson will retire as Board Chair, with Winfried Vahland appointed as the new Board Chair. Additionally, Carla De Geyseleer has chosen not to stand for re-election.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:15 pm

WDFC

WD-40 Company has announced that Eric P. Etchart will succeed Gregory A. Sandfort as the non-executive chair of the company's board after Sandfort retires on December 12, 2024. Sandfort will continue to serve as chair until the annual meeting.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:12 pm

BIOL

BIOLASE has announced its decision to delist from Nasdaq. This move could have significant implications for the company's stock and its investors.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:06 pm

WHLR

Wheeler Real Estate Investment Trust (WHLR) has amended its reverse stock split ratio from one-for-six to one-for-five. The previously disclosed one-for-six split has been abandoned. The timing of the new split will be announced after further discussions with NASDAQ.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 7:14 pm

MMV

MultiMetaverse Holdings has filed for a mixed shelf offering of up to $50 million, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 6:48 pm

AAPL

NVDA

A major technology ETF is rebalancing its portfolio, significantly increasing its holdings in Nvidia (NASDAQ: NVDA) from 6% to 21% while reducing its stake in Apple (NASDAQ: AAPL) from 22% to 4.5%. This involves purchasing $11 billion worth of Nvidia shares and selling $12 billion worth of Apple shares. Nvidia's stock has surged 164% year-to-date, but potential volatility is anticipated.

Portfolio Pulse from Zaheer Anwari

June 18, 2024 | 5:39 pm

GOVX

HC Wainwright & Co. has maintained its Buy rating on Geovax Labs (NASDAQ:GOVX) and adjusted the price target to $120 from $8, reflecting a 1-15 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 5:24 pm