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Equity Actions

AUUD

Auddia Inc. has expressed concerns regarding its ability to maintain sufficient liquidity to operate its business effectively, indicating potential financial instability.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:55 pm

REAX

The Real Brokerage Inc. (REAX) announced the renewal of its normal course issuer bid (NCIB), allowing the repurchase of up to 5% of its outstanding shares, commencing May 29, 2024, for a twelve-month period. This follows the expiration of the current NCIB on May 28, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:54 pm

C

Palmer Square Capital Management has successfully issued over $1.8 billion in CLOs across three transactions in a week, including a $1.0 billion static CLO, marking significant activity in the credit market. The AAA tranche of this CLO achieved the lowest coupon static CLO AAA pricing of the year, indicating strong investor demand and confidence in Palmer Square's credit offerings. Citibank arranged the deal, highlighting its role in facilitating significant credit market transactions.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:53 pm

BTCUSD

DOGEUSD

ETHUSD

RNDRUSD

SHIBUSD

SOLUSD

Cryptocurrency markets are experiencing a downturn due to recent spikes in PPI and consumer inflation data, with major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin trading lower. Notable developments include OKX's entry into the Australian market, Wisconsin's investment in BlackRock's Bitcoin ETF, and Ark Invest's stock transactions. Analysts view the corrections as healthy and part of the market's cycle, emphasizing the importance of support levels and market opportunities during these periods.

Portfolio Pulse from Khyathi Dalal

May 14, 2024 | 8:48 pm

GVA

Granite Construction Incorporated announced that CFO Lisa Curtis will retire on September 16, 2024, and CAO Staci Woolsey will be named as her successor.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:48 pm

ALLO

Allogene Therapeutics has filed for an offering of up to 37.93 million shares of common stock, indicating a potential increase in its capital but also possibly diluting current shareholders' equity.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:43 pm

OSPN

OneSpan's Board of Directors has approved a new stock repurchase program, authorizing the buyback of up to $50 million of its shares. This move is part of the company's strategy to enhance shareholder value.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:42 pm

HOMB

Home BancShares, Inc. (HOMB) announces management changes, with Kevin Hester named as President of both Home BancShares and Centennial Bank. Stephen Tipton is appointed CEO of Centennial Bank, while John Allison and Tracy French retain their executive roles. These changes come as the company celebrates 25 years in banking.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:39 pm

MGY

Magnolia Oil & Gas (MGY) affiliates of EnerVest are selling 12M shares of MGY's Class A stock in a secondary block trade. Post-sale, they'll own 4.16M Class A and 10.957M Class B shares, about 7.6% of MGY. MGY will buy back 3M Class B shares from them at the block trade price.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:36 pm

AZPN

Aspen Technology, Inc. (AZPN) announced Robert Whelan, Jr. as the new Chair of the Board, following Jill Smith's resignation for personal reasons. Whelan, a Board member since 2011 and former Chair, has been instrumental in guiding AspenTech's growth and strategic transactions.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 8:23 pm