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OLB

Trading for OLB was halted at 7:50:00 p.m. ET due to pending news. This action indicates that significant news is expected to be released, which could materially affect the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:50 pm

BZFD

Trading for BZFD was halted at 7:50:00 p.m. ET due to pending news. The halt is a temporary measure until the news affecting the company is released.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:50 pm

PARA

Paramount has decided not to extend its exclusive negotiation period with Skydance, opening negotiations to other parties, including Sony Pictures Entertainment and Apollo Global Management, who have proposed a $26 billion bid. This move comes after Paramount investors expressed dissatisfaction with the potential Skydance deal, favoring the all-cash offer from Sony and Apollo, which includes debt assumption and offers a premium on Paramount's current stock price. The deal faces regulatory hurdles regarding foreign ownership of broadcast networks.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 11:03 pm

CLIR

Clearsign Technologies received a notification from Nasdaq on May 2, indicating that the company no longer meets the minimum bid price requirement, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:57 pm

ADTN

Adtran's impairment assessment was triggered by factors including a decrease in the company's market capitalization and cautious service provider spending due to economic uncertainty, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:57 pm

AAON

MARA

S&P Dow Jones Indices announced that Marathon Digital Holdings Inc. (MARA) will replace AAON in the S&P SmallCap 600 before the market opens on May 8. This change reflects adjustments in the index to maintain its representation of the small-cap market sector.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:53 pm

PXD

VST

S&P Dow Jones Indices announced that Vistra Corp. (VST) will replace Pioneer Natural Resources Co. (PXD) in the S&P 500 index effective before the market opens on May 8. This change reflects adjustments in the S&P 500 constituents to better represent the market.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:52 pm

SEEL

Seelos Therapeutics Inc announced a significant workforce reduction, affecting approximately 33% of its current employees. This move comes alongside a bid notice received from the Nasdaq Stock Market, as detailed in an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:46 pm

SO

On May 3, 2024, Southern Company (SO) entered into a distribution agreement according to an SEC filing. This move could indicate an expansion or diversification of Southern Company's distribution channels, potentially impacting its revenue streams and stock performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:43 pm

NBST

Newbury Street Acquisition Corporation (NBST) received a Nasdaq non-compliance letter for not filing its annual report on time. The delay is due to the need for additional time to finalize the 2023 financial statements. NBST expects to file the report soon.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:39 pm