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Equity Actions

JAN

JanOne Inc. (NASDAQ:JAN) has been added to the Russell Microcap Index, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 4:08 pm

NOVA

Sunnova Energy International Inc (NYSE:NOVA) shares surged by 12.3% to $5.86 despite no specific news justifying the rise. The company announced the resignation of Rahman D’Argenio from its Board of Directors and Compensation and Human Capital Committee, effective June 28. ECP Stockholder confirmed the resignation but did not nominate a replacement.

Portfolio Pulse from Henry Khederian

June 03, 2024 | 3:42 pm

JPM

JP Morgan's Global Head of Payments, Takis Georgakopoulos, is set to leave the company. Max Neukirchen and Umar Farooq have been appointed as the new co-heads of payments, according to a memo cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 3:01 pm

CNSP

CNS Pharmaceuticals, Inc (NASDAQ:CNSP) shares dropped by 33.4% to $0.14 after announcing a 1-for-50 reverse stock split to meet Nasdaq's minimum share price requirement. The reverse split will consolidate every 50 shares into one share, effective June 4. The stock has decreased by 93.88% over the past year and has a neutral RSI of 55.04.

Portfolio Pulse from Henry Khederian

June 03, 2024 | 2:55 pm

CNSP

CNS Pharmaceuticals shares are trading lower following the company's announcement of a 1-for-50 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:53 pm

EFSH

1847 Holdings LLC (NASDAQ:EFSH) shares are down 37.5% to $0.70 after the company filed a prospectus for the potential sale of 1,394,052 common shares by selling shareholders. The company will not benefit from the sale proceeds except for funds from warrant exercises.

Portfolio Pulse from Henry Khederian

June 03, 2024 | 2:52 pm

FDIS

TSLA

XLY

Tesla defends CEO Elon Musk's $56 billion pay package, arguing that a new compensation structure would be more expensive. Proxy advisory firms ISS and Glass Lewis have urged shareholders to vote against the proposal. Tesla's stock has lost over 17% in the last 12 months, but shares are currently trading higher.

Portfolio Pulse from Shivani Kumaresan

June 03, 2024 | 2:48 pm

GME

Keith Gill, known as Roaring Kitty, has reignited interest in GameStop (GME) by revealing a substantial $116 million position. This has driven the stock's recent surge, with shares trading higher pre-market. GameStop also completed a $933.4 million equity offering, further boosting its financial position. Technical indicators show a strong bullish trend.

Portfolio Pulse from Surbhi Jain

June 03, 2024 | 2:48 pm

EFSH

1847 Holdings shares are trading lower after the company filed a prospectus to sell 1,384,052 shares for holders.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:22 pm

EFSH

1847 Holdings filed a prospectus to sell 1,384,052 shares for holders, as per an SEC filing on Friday after hours.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 2:18 pm