Streetbeat News

Equity Actions

SFM

Sprouts Farmers Market shares are trading higher following the announcement of a $600 million share repurchase authorization.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 1:21 pm

SFM

Sprouts Farmers Market has announced a new $600 million share repurchase program, replacing the previous authorization which had nearly $120 million remaining.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 1:16 pm

SINT

SinTx Technologies, Inc. (NASDAQ:SINT) has announced a 1-for-200 reverse stock split, which will take effect on May 28, 2024. The company's stock will begin trading on a split-adjusted basis under the current symbol 'SINT' on the same day.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 1:01 pm

XP

XP Inc. (NASDAQ:XP) has announced a share repurchase program of up to 1 billion Brazilian Reais, to be executed between May 23, 2024, and December 31, 2024. The repurchase will be funded using existing cash and may be adjusted or discontinued based on market conditions.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 1:00 pm

NVDA

Nvidia announced a 10-for-1 stock split effective June 7, which is expected to make the stock more accessible to a broader range of investors.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:54 pm

KULR

KULR Technology Group, Inc. (NYSE:KULR) announced that its CEO, Michael Mo, voluntarily requested a 33% reduction in the cash component of his compensation, opting instead for an equity incentive grant. Additionally, KULR reduced its operating and investment cash usage by 23% in Q1 2024 compared to Q1 2023.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:46 pm

CYTK

NVDA

ONMD

Market-Moving News for May 23rd: NVIDIA (NVDA) shares rise 7.77% after strong Q1 2025 results, positive Q2 2025 guidance, a 10-for-1 stock split, and increased dividends. Cytokinetics (CYTK) shares fall 16% following a $500 million public stock offering. OneMedNet (ONMD) shares surge 158% due to significant expansion of its iRWD network and platform.

Portfolio Pulse from ryanfaloona@benzinga.com

May 23, 2024 | 12:40 pm

ASTI

ISPC

NVDA

VFC

NVIDIA Corporation (NASDAQ:NVDA) shares surged over 6% in pre-market trading after reporting strong Q1 financial results, issuing robust Q2 guidance, announcing a 10-for-1 stock split, and raising its quarterly dividend by 150%. Other notable pre-market movers include Ascent Solar Technologies, Inc. (NASDAQ:ASTI), iSpecimen Inc. (NASDAQ:ISPC), and V.F. Corporation (NYSE:VFC).

Portfolio Pulse from Avi Kapoor

May 23, 2024 | 12:39 pm

BL

DV

DXC

HOLI

NICE

The article highlights five oversold tech stocks with RSI values near or below 30, indicating potential buying opportunities. The stocks mentioned are DoubleVerify Holdings, NICE Ltd., Hollysys Automation Technologies, DXC Technology, and BlackLine.

Portfolio Pulse from Avi Kapoor

May 23, 2024 | 12:36 pm

FURY

Fury Gold Mines Limited (NYSE:FURY) has announced a CAD$5 million financing agreement with Haywood Securities Inc. and a syndicate of agents. The agents will sell up to 5.32 million common shares as 'flow-through shares' at CAD$0.94 per share.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 12:18 pm