Streetbeat News

Equity Actions

DX

Dynex Capital Inc (NYSE:DX) shares are down 4.1% to $11.95 after announcing a public offering of 10.5 million shares to raise approximately $126 million. The offering is expected to close on June 7, with BTIG as the sole book-running manager. Analysts have a 12-month price target of $13.58 for DX.

Portfolio Pulse from Henry Khederian

June 06, 2024 | 5:19 pm

CABA

Cabaletta Bio's recent 13G filing reveals that Jennison Associates LLC has reported an 11.1% passive stake in the company as of May 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:08 pm

AROW

Arrow Financial Corporation has appointed Tenée R. Casaccio as the new Chair of the Board of Directors, effective June 5, 2024, following the retirement of William L. Owens, Esq.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:03 pm

MLGO

MicroAlgo shares are trading lower after the company announced that it entered into convertible note purchase agreements with certain investors.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:51 pm

DX

Dynex Capital shares are trading lower after the company priced a $126 million offering.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:46 pm

ASNS

FRGT

ICU

LULU

REPL

VNDA

VTYX

Crude oil prices jumped 2%, and Lululemon reported upbeat earnings and authorized a $1 billion stock repurchase program. The Dow Jones index gained around 50 points, while the NASDAQ fell slightly. Replimune Group, Vanda Pharmaceuticals, and Freight Technologies saw significant stock price increases, while Actelis Networks, SeaStar Medical, and Ventyx Biosciences experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 06, 2024 | 4:22 pm

ICU

Seastar Medical Holding shares are trading lower after the company announced a 25-for-1 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:17 pm

GAUZ

Gauzy, a company specializing in smart glass technology, has opened its shares for trading through an initial public offering (IPO).

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 3:54 pm

UGI

UGI Corporation shares are trading lower following the announcement of a proposed $600 million convertible senior notes offering.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 3:51 pm

CMG

Chipotle Mexican Grill, Inc. (NYSE:CMG) announced a 50-for-1 stock split, approved by shareholders. The record date is June 18, 2024, and shares will begin trading on a post-split basis on June 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 3:40 pm