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GME

GameStop shares are experiencing volatility due to increased investment by Roaring Kitty and his return to YouTube. A Benzinga poll shows optimism among investors, with 75% predicting shares will trade above $50 after the livestream. Despite this, shares fell 23% to $35.75 on Friday following the company's first-quarter financial results and an at-the-market offering to sell up to 75 million shares.

Portfolio Pulse from Chris Katje

June 07, 2024 | 2:28 pm

WAY

Waystar Holding is set to price its IPO at $22.50 per share, with 862,000 shares being offered.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 2:25 pm

MUFG

SMFG

TM

Japanese mega banks Mitsubishi UFJ Financial Group Inc. (NYSE:MUFG) and Sumitomo Mitsui Financial Group Inc. (NYSE:SMFG) plan to divest $8.5 billion worth of Toyota Motor Corp. (NYSE:TM) shares. This move aligns with Japan's push to reduce cross-shareholdings and follows Toyota's recent buyback initiative.

Portfolio Pulse from Shivani Kumaresan

June 07, 2024 | 2:24 pm

RAPP

Rapport Therapeutics is set to price its IPO at $18 per share, with 163,000 shares being offered.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 2:24 pm

WAY

Waystar Holding has set its IPO price at $22.50 per share, with a 45 million share offering priced at $21.50.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 2:17 pm

WAY

Trading halt status was updated at 10:10:00 AM ET for an IPO security, which has now been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 2:10 pm

RAPP

Rapport Therapeutics has set its IPO price at $18 per share, with an offering of 8 million shares priced at $17 each.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 2:01 pm

RAPP

Trading halt status for an IPO security was updated at 9:50:00 AM ET, and the security has been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:50 pm

BRZE

BTCUSD

DOGEUSD

ETHUSD

GME

SMLR

Bitcoin, Ethereum, and Dogecoin declined as markets await job data. GameStop reported Q1 results and announced a capital raise ahead of the 'Roaring Kitty' event. Semler Scientific purchased more Bitcoins, pushing its total portfolio past $58M. Braze shares rose by 14% premarket. The Federal Reserve needs more data before slashing rates. GameStop's stock is back above $60, driven by premarket activity.

Portfolio Pulse from Akanksha Bakshi

June 07, 2024 | 1:46 pm

GME

SPY

Stocks fell and yields rose due to strong economic data. GameStop's stock dropped following weak earnings and a filing to sell up to 75 million shares. Retail investor 'Roaring Kitty' is expected to stream at noon.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:38 pm