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INVZ

Innoviz Technologies has announced the pricing of an upsized public offering of ordinary shares, leading to a decrease in its stock price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:43 pm

HSON

Hudson Global (NASDAQ:HSON) reported Q2 earnings of $0.36 per share, beating the analyst consensus estimate of $0.21 by 71.43%. However, this is a 71.2% decrease from the same period last year. The company's quarterly sales were $44.90 million, missing the analyst consensus estimate of $45.22 million by 0.71%. This is an 11.90% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:42 pm

FLYW

Flywire has announced the pricing of a follow-on offering, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:41 pm

TPR

Tapestry Inc. has announced a definitive agreement to acquire Capri Holdings. This news has led to a decrease in Tapestry's share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:40 pm

CBL

CBL Properties (NYSE:CBL) has announced a stock repurchase program, authorizing the company to buy up to $25 million of its common stock. The company plans to repurchase shares from time to time on the open market, in privately negotiated transactions or otherwise, depending on market prices and other conditions. The repurchase program may be suspended or discontinued at any time at the company's discretion.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:40 pm

PF

ProFrac's shares are trading lower following the company's Q2 financial results, which were worse than expected.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:39 pm

SOPA

Society Pass (NASDAQ:SOPA) reported Q2 sales of $2.19 million, missing the analyst consensus estimate of $2.66 million by 17.77%. However, this represents a 338.27% increase over sales of $499.06 thousand in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:39 pm

YETI

YETI Holdings Inc. reported better-than-expected Q2 adjusted EPS results and raised its FY23 adjusted EPS and sales growth guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:39 pm

WKHS

Workhorse Group Inc. (NASDAQ:WKHS) has urged its shareholders to vote in favor of a proposal to increase the number of authorized shares of common stock. The company aims to raise additional financing to fund its operations, including working capital, operating expenses, and capital expenditures. The proposal has been recommended by independent proxy advisors ISS and Glass Lewis. A special meeting is scheduled for August 28, 2023, where the vote will take place.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 12:38 pm

ABVC

ABVC BioPharma, Inc. (NASDAQ:ABVC) has regained compliance with Nasdaq's minimum bid price requirement. The company had previously received a notification for failing to maintain a minimum bid price of $1.00 over 30 consecutive business days. However, the closing bid price of the company's common stock was at $1.00 per share or greater from July 25 to August 7, 2023, bringing it back into compliance.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 12:37 pm