Streetbeat News

Equity Actions

CRGX

CARGO Therapeutics shares are trading lower after the company announced a securities purchase agreement for a private investment in public equity financing, expected to result in gross proceeds of approximately $110.0 million.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 4:00 pm

APDN

CALT

GME

INSM

MRAI

NCPL

PEGY

U.S. stocks traded mixed with the Dow Jones falling over 100 points, while the NASDAQ and S&P 500 saw gains. GameStop shares spiked 24% after completing an equity offering. Insmed, Calliditas Therapeutics, and Pineapple Energy saw significant gains, while Applied DNA Sciences, Marpai, and Netcapital experienced sharp declines.

Portfolio Pulse from Avi Kapoor

May 28, 2024 | 4:00 pm

PWOD

Penns Woods Bancorp, Inc. (NASDAQ:PWOD) has announced a new stock repurchase program authorizing the buyback of up to 5% of its outstanding shares, replacing the existing plan expiring in May 2024.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 3:28 pm

NCPL

Netcapital shares are trading lower after the company announced a definitive agreement for the immediate exercise of $2.2 million of certain outstanding Series A-2 warrants.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 2:33 pm

AISP

Airship AI Holdings, Inc. (NASDAQ:AISP) will join the Russell 3000, Russell 2000, and Russell Microcap Indexes after the 2024 FTSE Russell indexes annual reconstitution process, effective June 28, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 2:33 pm

NCPL

Netcapital Inc. (NASDAQ: NCPL) announced the entry into definitive agreements for the immediate exercise of Series A-2 warrants, reducing the exercise price from $0.25 to $0.155 per share. This move is expected to generate approximately $2.2 million in gross proceeds for the company.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 2:32 pm

APDN

Applied DNA Sciences shares are trading lower following the announcement of a $12 million public offering.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 2:26 pm

BUR

Burford Capital is expected to join the Russell 3000 and 2000 Indexes at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective July 1, 2024. This marks a significant milestone as Burford is the first legal finance firm to achieve this.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 2:04 pm

PLAB

Photronics, Inc. (NASDAQ:PLAB) has appointed Eric Rivera as its new Chief Financial Officer, effective immediately. Rivera has been with the company since 2020, previously serving as interim CFO and Chief Accounting Officer.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 2:01 pm

IZEA

IZEA Worldwide, Inc. has adopted a limited-duration stockholder rights plan, allowing stockholders to purchase a new series of preferred stock under certain conditions.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:51 pm