Streetbeat News

Equity Actions

CADL

Candel Therapeutics (NASDAQ:CADL) will join the Russell 3000 Index effective July 1, 2024, as part of the annual reconstitution of the Russell US Indexes.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:22 pm

RBOT

Vicarious Surgical shares are trading lower after the company announced a reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:20 pm

CTGO

Contango ORE has announced the pricing of its public offering at $20.50 per unit, which includes common stock and warrants exercisable at $26.00 for 36 months.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:19 pm

ASO

CASY

ORCL

TWOU

YEXT

Key stocks to watch include Academy Sports (ASO), Yext (YEXT), Oracle (ORCL), 2U (TWOU), and Casey's General Stores (CASY). ASO and CASY are expected to report earnings, YEXT posted weaker-than-expected results and announced an acquisition, ORCL is set to release earnings, and TWOU disclosed a reverse stock split.

Portfolio Pulse from Avi Kapoor

June 11, 2024 | 12:17 pm

INCY

Incyte Corporation (NASDAQ:INCY) announced the preliminary results of its modified 'Dutch auction' tender offer to purchase up to $1.672 billion in value of its common stock. Approximately 29.8 million shares were tendered at or below the purchase price of $60.00 per share, with a preliminary proration factor of 93.4 percent.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:14 pm

ECOR

electroCore (ECOR) will join the Russell Microcap Index effective after the close on June 28.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:13 pm

CTGO

Contango Ore shares are trading lower following the announcement of a public offering of shares of its common stocks and accompanying warrants.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:11 pm

QSG

QuantaSing Group shares are trading higher following the announcement of a share repurchase program worth up to $20 million.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:10 pm

VLD

Velo3D, Inc. (VLD) has announced a 1-for-35 reverse stock split, effective June 13, 2024, to regain compliance with NYSE's minimum share price requirements. The stock will trade on a split-adjusted basis under the same symbol, VLD.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:09 pm

LUXH

LuxUrban Hotels Inc. (NASDAQ:LUXH) has appointed Robert Arigo as its new CEO, effective June 10, 2024. Arigo, who joined the company in March 2024 as COO, brings over 35 years of experience in the hotel and hospitality industry.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 12:05 pm