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Stock Prices

FLYW

Flywire has announced the pricing of its underwritten public offering of 8 million shares of common stock at $32 per share.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 7:07 am

MRUS

Merus has announced the pricing of its $150M public offering of 6,818,182 common shares at $22 per share.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 7:01 am

ARMK

Aramark has announced the pricing of its secondary offering of 21,262,245 shares of its common stock at $39.75 per share.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 6:30 am

INVZ

Innoviz Technologies has priced its upsized public offering of 26 million ordinary shares at $2.50 per share, raising $65 million in total.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 6:27 am

CPRI

Capri Holdings Limited (NYSE:CPRI) is expected to report a sharp decline in its Q1 fiscal 2024 earnings on Aug. 10, 2023. Analysts predict earnings of 71 cents per share, down from $1.5 per share in the previous year, and revenue of $1.2 billion, down from $1.36 billion. Meanwhile, Tapestry is reportedly nearing a deal to acquire Capri Holdings. The company's shares fell 1.7% to close at $34.61 on Wednesday. Several analysts have recently downgraded the stock and cut their price targets.

Portfolio Pulse from Lisa Levin

August 10, 2023 | 6:26 am

AAPL

Apple Inc. has won a significant legal victory as the Supreme Court ruled in favor of the company's anti-steering rules, which prevent app developers from directing consumers to alternate payment methods. The ruling will allow Apple to maintain its App Store revenue and reduces the chances of forced changes to App Store policy or rate reductions in the future. Apple's stock ended Wednesday's session down 0.90% at $178.19 but rose 0.13% to $178.43 in after-hours trading.

Portfolio Pulse from Shanthi Rexaline

August 10, 2023 | 6:16 am

BABA

NWSA

PENN

RBLX

USFD

Investor sentiment in the US has declined ahead of fresh inflation data, with US stocks closing lower on Wednesday. PENN Entertainment shares gained over 9% after reporting better-than-expected Q2 results and announcing an exclusive US online sports betting agreement with ESPN. Roblox Corporation shares dipped around 22% after reporting worse-than-expected Q2 results. Investors are awaiting earnings results from US Foods Holding Corp., Alibaba Group Holding Limited, and News Corporation.

Portfolio Pulse from Lisa Levin

August 10, 2023 | 6:15 am

BXSL

Blackstone Secured Lending Fund (BXSL) has priced its public offering of 6.5 million common shares at $27.33 per share, raising $177.6 million.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 6:12 am

VCXB

Clinical stage gene therapy company, Addimmune, is set to go public through a business combination with SPAC 10x Capital Venture Acquisition Corp. III (VCXB).

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:55 am

JNJ

KVUE

Kenvue (KVUE) will be included in the S&P 500 following the completion of an exchange offer by Johnson & Johnson (JNJ).

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 5:48 am