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HOOD

Robinhood shares are trading higher after the company announced a $1 billion share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:09 pm

HOOD

Robinhood has announced a $1 billion share buyback program, aiming to repurchase its own shares in the open market. This move is intended to return capital to shareholders and potentially boost the stock price.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:08 pm

FTAI

FTAI Aviation has announced a secondary offering of 2,090,561 shares.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:08 pm

MITT

AG Mortgage Investment Trust (MITT) is set to join the Russell 3000 Index, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:07 pm

MCHP

Microchip Technology shares are trading lower following the announcement of a proposed convertible senior notes offering.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:02 pm

MRUS

Merus has announced a proposed public offering of $300 million. This move is likely aimed at raising capital for future growth and development.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:02 pm

SINT

SINTX Technologies shares are trading lower following the announcement of a 1-for-200 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 7:17 pm

LUCY

Innovative Eyewear shares are trading lower following the announcement of a $2.5 million registered direct offering.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:51 pm

LUCY

Innovative Eyewear, Inc. (NASDAQ:LUCY) has announced a direct offering of 5,263,161 shares of common stock at $0.475 per share, along with unregistered warrants for the same number of shares at the same price. The offering is expected to close by May 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:44 pm

MSTR

SMCI

MicroStrategy Inc (NASDAQ:MSTR) is set to join the Russell 1000 Index, marking its transition from a small-cap to a large-cap stock. This inclusion, along with its recent rally and strategic developments, has set a bullish tone for MicroStrategy stock. The company is also making strides in blockchain technology with the development of the 'Orange protocol' for decentralized identification on the Bitcoin blockchain. Technical indicators and analyst expectations suggest a favorable outlook for the stock.

Portfolio Pulse from Surbhi Jain

May 28, 2024 | 6:17 pm