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NTRA

Natera, a genetic testing company, has announced a proposed follow-on offering of $250 million. The funds raised will be used for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 8:24 pm

HCI

HCI Group anticipates that the pre-tax gross loss from Hurricane Idalia will be within reinsurance retention limits for both Homeowners Choice Property & Casualty Insurance Company and TypTap Insurance Company.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 8:24 pm

CHTR

DIS

The Walt Disney Company (NYSE:DIS) is offering a major discount on several Disney+ plans, reducing the price of its basic plan to $1.99 per month for a three-month period, a 70% discount from the usual $7.99 monthly rate. This promotion coincides with the release of new content on the platform and precedes a planned price increase for its Disney+ Premium plan and several bundle tiers. Disney is also in a dispute with Charter Communications (NASDAQ:CHTR) over carriage fees. Disney shares recently hit a nine-year low and are down 9% year-to-date in 2023.

Portfolio Pulse from Chris Katje

September 06, 2023 | 8:21 pm

BROS

Dutch Bros Inc. has announced a proposed public offering of $300 million of Class A common stock.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 8:19 pm

LZ

LegalZoom has announced that a selling stockholder intends to offer 13 million shares of common stock via a public offering. The company also plans to repurchase an aggregate of $45.1 million of shares concurrently.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 8:16 pm

DELL

A significant bearish stance has been taken on Dell Technologies (NYSE:DELL) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 33% bullish and 66% bearish. The price range targeted by these investors for Dell Technologies over the last 3 months is from $20.0 to $80.0. The current price of DELL is up 3.48% at $70.47. Several financial institutions have maintained their ratings on Dell, with price targets ranging from $53 to $70.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 8:16 pm

GRBK

Green Brick Partners has announced the launch of a secondary offering of 850,000 shares of common stock by a selling stockholder. The company itself will not receive any proceeds from this offering.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 8:15 pm

PATH

UiPath (NYSE:PATH) reported Q2 earnings of $0.09 per share, beating the analyst consensus estimate of $0.03 by 200 percent. This is a 550 percent increase over losses from the same period last year. The company also reported quarterly sales of $287.00 million, beating the analyst consensus estimate of $282.14 million by 1.72 percent, a 18.49 percent increase over sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 8:11 pm

PLAY

Dave & Buster's Enter (NASDAQ:PLAY) reported Q2 adjusted earnings of $0.94 per share, beating the analyst consensus estimate of $0.93 by 1.08%. However, the company's quarterly sales of $542.10 million missed the analyst consensus estimate of $559.00 million by 3.02%. The earnings represent a 10.59% increase from the same period last year, while the sales represent a 15.74% increase.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 8:09 pm

CRGY

Crescent Energy Company has announced a public offering of 10 million shares of its Class A common stock. The company has not disclosed the pricing details of the offering.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 8:08 pm