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TSLA

Cathie Wood of Ark Investment Management praised Elon Musk's dedication to Tesla shareholders and warned of negative impacts if shareholders renege on his $56 billion pay package. Wood highlighted Musk's unique compensation structure and Tesla's impressive performance despite challenges. The fate of Musk's compensation package will be decided by Tesla shareholders on June 13.

Portfolio Pulse from Ananya Gairola

June 07, 2024 | 3:12 am

WAY

Waystar Holding has announced the pricing of its IPO, offering 45 million shares at $21.50 per share. The shares will begin trading on the Nasdaq under the symbol 'WAY' on June 7, 2024. The proceeds will be used to repay outstanding debt.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 9:37 pm

SOBR

SOBR Safe has received $2.8 million in gross proceeds from the exercise of warrants and has settled its remaining debt balances by converting outstanding Notes Payable into 4.358 million shares of Common Stock.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 9:13 pm

ASB

Associated Banc-Corp has filed for a mixed shelf offering, though the terms have not been disclosed. This move allows the company to offer various types of securities over time.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:43 pm

DOCU

DocuSign Inc (NASDAQ:DOCU) reported strong Q1 earnings with revenue and EPS beating estimates. The company announced a $1 billion increase to its stock repurchase program and provided a positive outlook for Q2 and fiscal year 2025. Despite the positive results, DOCU shares were down 3.62% in after-hours trading.

Portfolio Pulse from Adam Eckert

June 06, 2024 | 8:28 pm

OPAD

Offerpad Solutions Inc. (NYSE: OPAD) will be included in the Russell 2000 and 3000 Indexes effective July 1, 2024. This inclusion is expected to increase visibility and attract a broader range of investors.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:25 pm

NGL

NGL Energy Partners has announced a $50 million common unit repurchase program, indicating a potential positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:20 pm

FRLA

Fortune Rise Acquisition Corporation has extended the deadline to complete its initial business combination from June 5, 2024, to July 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:19 pm

BNED

Barnes & Noble Education (BNED) announced the results of its $45 million equity rights offering, with 71% of the 900 million shares subscribed at $0.05 per share. The shares are expected to be issued by June 10, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:13 pm

ZUMZ

Zumiez has announced a plan to repurchase up to $25 million of its common stock. The repurchase program is expected to continue through June 30, 2025, unless the Board of Directors decides to extend or shorten the time period.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:12 pm