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Equity Actions

COCH

Envoy Medical has been included in the MSCI USA Micro Cap Index, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 1:02 pm

CORZ

MTZ

PNC

UUUU

WDAY

Jim Cramer recommends buying PNC Financial Services and calls MasTec a 'great infrastructure play.' He also comments on Energy Fuels, Core Scientific, and Workday. PNC launched a scholarship program, and MasTec priced a $550 million public offering. Energy Fuels was downgraded by Roth MKM.

Portfolio Pulse from Avi Kapoor

June 06, 2024 | 12:53 pm

ICU

SeaStar Medical has announced a 25-for-1 reverse stock split, which will consolidate every 25 shares of its common stock into one share. This move is often aimed at increasing the stock price by reducing the number of shares outstanding.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:33 pm

CGC

Canopy Growth has established a $250 million at-the-market equity program, allowing the company to issue and sell up to $250 million of common shares.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:18 pm

LUXH

LuxUrban Hotels has appointed Michael James as its new CFO. Mr. James expressed his enthusiasm for the role and his commitment to working with the executive team to drive financial and operational improvements.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:17 pm

AEMD

LULU

SMAR

VRAX

Smartsheet Inc. (NYSE:SMAR) shares surged 13.1% in pre-market trading after reporting better-than-expected Q1 earnings and announcing a $150 million share repurchase program. Other notable pre-market movers include Virax Biolabs Group Limited (NASDAQ:VRAX), Aethlon Medical, Inc. (NASDAQ:AEMD), and Lululemon Athletica Inc. (NASDAQ:LULU).

Portfolio Pulse from Avi Kapoor

June 06, 2024 | 12:16 pm

BRLS

Borealis Foods has announced a $3 million stock buyback program, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:07 pm

CTKB

Cytek Biosciences has announced a $50 million stock repurchase program, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:03 pm

LPG

Dorian LPG Ltd. (NYSE:LPG) has priced its public offering of 2 million common shares at $44.50 per share. The net proceeds will be used for general corporate purposes, and underwriters have a 30-day option to purchase an additional 300,000 shares.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:52 am

UGI

UGI Corporation has announced a proposed offering of $600 million in convertible senior notes. This move is aimed at raising capital for general corporate purposes, including potential acquisitions and debt repayment.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:09 am