Streetbeat News

Equity Actions

CURI

CuriosityStream's board has authorized a stock buyback program of up to $4 million. This move is aimed at enhancing shareholder value and reflects the company's confidence in its financial health.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 1:08 pm

IGIC

IGI has increased its share repurchase authorization from 5 million to 7.5 million common shares.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 1:08 pm

CJJD

China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD) announced a $3.37 million registered direct offering of 1.98 million shares at $1.70 per share. The proceeds will be used for general corporate purposes and working capital. The closing is expected around June 26, 2024, subject to customary conditions.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 1:08 pm

ASTS

AST SpaceMobile has filed for the resale of up to 10.45 million Class A common shares by a selling stockholder, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 1:05 pm

FTK

Flotek Industries will join the Russell Microcap Index following the 2024 Russell US Indexes reconstitution, effective July 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 1:01 pm

QRHC

Quest Resource Holding Corporation (QRHC) will be joining the Russell 3000 Index.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 1:00 pm

AMD

NVDA

SPRX

ZS

Nvidia's recent 10-for-1 stock split has made its shares more accessible to retail investors, potentially driving further growth. Nvidia's strong financial performance and bullish technical outlook are highlighted. The Spear Alpha ETF (SPRX), which has Nvidia as its top holding, could benefit from this development. Other significant holdings in SPRX include Zscaler and Advanced Micro Devices.

Portfolio Pulse from Joshenomoto@benzinga.com

June 11, 2024 | 12:32 pm

QSG

QuantaSing Group Limited (NASDAQ:QSG) shares are trading higher in the premarket session due to the announcement of a new $20 million share repurchase program. The company has already repurchased approximately 2.6 million ADSs for $11.5 million and holds $159.3 million in cash and short-term investments. The company expects Q4 revenues to increase by 8.7% to 12.3% year-over-year.

Portfolio Pulse from Nabaparna Bhattacharya

June 11, 2024 | 12:30 pm

CMND

MOLN

OSG

Market-Moving News for June 11th includes significant developments for Molecular Partners, QuantaSing Group Limited, and Clearmind Medicine. Molecular Partners announced the debut of their lead Raido-DARPin therapy candidate MP0712, QuantaSing Group Limited announced a share repurchase program, and Clearmind Medicine advanced its MEAI-based alcohol substitute beverage program.

Portfolio Pulse from ryanfaloona@benzinga.com

June 11, 2024 | 12:29 pm

VLD

Velo3D shares are trading lower after the company announced a 1-for-35 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:26 pm