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Equity Actions

CON

Concentra Group's shares opened for trading at $22.03 per share, below the IPO price of $23.50 per share.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 4:40 pm

SFL

Shares of SFL Corporation Ltd. (NYSE:SFL) dropped significantly after the company announced a $100 million share offering, causing investor concerns about dilution. However, the stock may bounce back due to potential capitulation and support at the $11.60 level, which could lead to a bullish setup.

Portfolio Pulse from Mark Putrino

July 25, 2024 | 4:36 pm

CARR

CCSO

FPX

Carrier Global Corp (NYSE:CARR) reported mixed Q2 FY24 results with net sales rising 12% Y/Y to $6.70 billion, missing the consensus of $7.00 billion. The company plans to repurchase $1 billion in shares in H2 2024. Adjusted EPS of $0.87 beat the consensus of $0.84. The company reduced its sales outlook to ~$25.5 billion from ~$26 billion. CARR shares are down 2.73%. Investors can gain exposure via First Trust US Equity Opportunities ETF (NYSE:FPX) and Carbon Collective Climate Solutions U.S. Equity ETF (NASDAQ:CCSO).

Portfolio Pulse from Lekha Gupta

July 25, 2024 | 2:52 pm

ORKT

Orangekloud Technology (ORKT) shares opened for trade at $5.20 per share, following an IPO priced at $4.75 per share.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 2:46 pm

BANX

ArrowMark Financial has filed with the SEC for a mixed shelf offering of up to $150 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 2:37 pm

DTSQU

Trading halt status for IPO security DTSQU was updated at 10:35:00 AM ET, and it has been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 2:35 pm

HOG

Harley-Davidson Inc (NYSE:HOG) reported strong Q2 results, beating revenue and EPS estimates. Despite a decline in global retail motorcycle sales, the company announced a $1 billion share repurchase plan. However, it revised its FY24 revenue and operating income margin outlook downwards.

Portfolio Pulse from Shivani Kumaresan

July 25, 2024 | 2:34 pm

LINE

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

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 2:10 pm

QXO

QXO shares are trading lower after a recent surge due to private placement financing.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 1:47 pm

PBM

Psyence Biomedical shares have resumed trading after a temporary halt. The company is expected to make significant announcements that could impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 1:40 pm