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Equity Actions

FUL

H.B. Fuller (NYSE:FUL) received mixed analyst ratings with a recent shift towards a more neutral stance. The average 12-month price target is now $93.25, down from $95.00, with ratings ranging from 'Neutral' to 'Buy'. The company, known for its adhesives and sealants, shows solid financial performance with positive revenue growth, high net margin, and strong ROE and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 6:00 pm

GE

Financial analysts have observed a bullish trend in options trading for General Electric (NYSE:GE), with a significant number of trades indicating a positive outlook. The analysis highlighted 49 unusual trades, with a majority being bullish. The price target for GE is set between $120.0 and $195.0. Recent trades have focused on calls, particularly with strike prices around $180. GE's current market status shows a slight increase in stock price to $175.6, with potential overbought indications. Analyst ratings from UBS, Wells Fargo, JP Morgan, Goldman Sachs, and RBC Capital suggest a positive outlook, with target prices ranging from $177 to $200.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 5:45 pm

AMC

AMC Entertainment's shares are experiencing a decline due to the ongoing negative momentum following the announcement of an equity distribution agreement. The company plans to sell shares periodically through an 'at-the-market' program, aiming for an aggregate offering price of $250,000,000.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:33 pm

PLSE

Pulse Biosciences' stock is trading lower following the announcement of its Q4 financial results and plans to initiate a rights offering of up to $60 million worth of units.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:24 pm

BIOR

Biora Therapeutics' stock price is trading lower following the announcement of a $6 million registered direct offering, which involves the sale of 5,454,548 shares of common stock at a price of $1.10 per share.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:23 pm

BIOR

Biora Therapeutics, Inc. (NASDAQ:BIOR) announced a registered direct offering of 5,454,548 shares at $1.10 per share, alongside a concurrent private placement of warrants to purchase up to an equivalent number of shares at the same price. The offering, managed by H.C. Wainwright & Co., is expected to close on April 3, 2024, pending customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:19 pm

PANW

Investors have shown a bearish stance on Palo Alto Networks (NASDAQ:PANW), with unusual options trading activity indicating a split sentiment: 29% bullish and 70% bearish. The trading focuses on a price band between $196.67 and $380.0. Notable options activity includes both calls and puts with varying sentiments and strike prices. PANW's current trading volume is 1,728,048, with a price decrease of -1.81%, and an RSI indicating a neutral position. Analyst ratings in the last month have an average target price of $340.0, with recommendations to buy.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 5:15 pm

MP

MP Materials' stock is trading higher following the announcement that the company has been awarded $58.5 million to enhance U.S. rare earth magnet manufacturing capabilities.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:08 pm

GWAV

Greenwave Technology Solutions' shares surged following the announcement of regaining compliance with the Nasdaq Shareholder Equity Requirement and a $14.87 million increase in shareholder's equity, achieved through an Exchange Agreement with DWM Properties.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:06 pm

CLSK

CleanSpark has amended its At the Market Offering Agreement, allowing for the potential sale of up to $800 million in shares, subject to limitations on the number of authorized but unissued shares. This amendment, known as the ATM Upsized Offering, provides CleanSpark with flexibility in issuing new shares post the filing date of the Prospectus Supplement.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 4:32 pm