Streetbeat News

Equity Actions

META

The Public Investment Fund (PIF) has significantly reduced its stake in Meta Platforms Inc, cutting its holdings by 77.3% to 740,013 Class A shares.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:10 pm

NU

The Public Investment Fund has acquired 1.2 million Class A ordinary shares in Nu Holdings, as per an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:09 pm

DOLE

Dole PLC (NYSE:DOLE) reported a strong Q1 FY24 with a 6.6% sales growth to $2.12 billion, meeting analyst estimates. The company saw higher volumes and pricing in bananas and pineapples, leading to an 8.7% rise in gross profit. Adjusted EPS of $0.43 beat the consensus estimate of $0.31. Dole also completed the sale of a 65% equity stake in Progressive Produce, generating $120.3 million in gross proceeds. The company declared a $0.08 per share dividend and maintained its full-year Adjusted EBITDA target.

Portfolio Pulse from Shivani Kumaresan

May 15, 2024 | 2:58 pm

RAY

Raytech's IPO shares opened for trade at $5.05 per share, higher than the IPO price of $4 per share.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 2:45 pm

RAY

Trading halt status was updated at 10:35:00 AM ET for an IPO security, which has now been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 2:35 pm

RAY

Raytech Holding Limited (RAY) has priced its IPO at $4 per share, raising $6 million. The shares are now trading on the Nasdaq Capital Market under the ticker symbol 'RAY'. The company specializes in personal care electrical appliances.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 2:03 pm

AEMD

Aethlon Medical has announced the pricing of a public offering for 8.1 million shares of common stock, along with Class A and B warrants, at $0.58 per share.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:19 pm

AMC

GME

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading lower on Wednesday after announcing agreements to issue stock in exchange for notes and completing an equity offering. The stock had previously rallied alongside GameStop Corp (NYSE:GME) due to renewed interest from Keith Gill, known as 'Roaring Kitty'.

Portfolio Pulse from Adam Eckert

May 15, 2024 | 1:05 pm

AMC

AMC Entertainment shares are trading lower after a recent rally. The company announced agreements to issue stock in exchange for notes.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:04 pm

AQMS

Aqua Metals has announced a $7 million public offering of 17.5 million shares of common stock and non-redeemable warrants.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:00 pm