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MANU

Manchester United Ltd (NYSE:MANU) shares are trading higher following reports that a bid by Qatari investors has been accepted. The news comes after the investors submitted a fifth and final takeover offer last week.

Portfolio Pulse from Adam Eckert

June 12, 2023 | 9:44 pm

EKSO

Ekso Bionics has filed for a mixed shelf offering of up to $75 million, allowing the company to issue various securities in the future.

Portfolio Pulse from Charles Gross

June 12, 2023 | 9:36 pm

STZ

Constellation Brands (NYSE:STZ) has outperformed the market over the past 10 years, producing an average annual return of 16.61% and a current market capitalization of $44.79 billion. A $1000 investment in STZ 10 years ago would be worth $4,669.34 today.

Portfolio Pulse from Benzinga Insights

June 12, 2023 | 9:32 pm

STM

STMicroelectronics (NYSE:STM) has outperformed the market over the past 15 years, producing an average annual return of 9.94%. A $1000 investment in STM stock 15 years ago would be worth $4,181.59 today.

Portfolio Pulse from Benzinga Insights

June 12, 2023 | 9:31 pm

ACB

CGC

CNVCF

CRON

FFNTF

GRWG

GTBIF

ITHUF

MRMD

TLRY

On June 12, 2023, marijuana stocks experienced significant price movements, with iAnthus Capital, BioHarvest Sciences, Canopy Growth, Aurora Cannabis, Tilray Brands, Cronos Group, and GrowGeneration closing up, while 4Front Ventures, Green Thumb Industries, and MariMed closed down.

Portfolio Pulse from Benzinga Insights

June 12, 2023 | 9:30 pm

ORCL

Oracle reports unprecedented demand for its cloud services, particularly AI services, during a conference call.

Portfolio Pulse from Charles Gross

June 12, 2023 | 9:28 pm

MANU

Qataris have reportedly been successful in their bid to purchase Manchester United, according to Al-Watan. The potential acquisition could impact Manchester United's stock (MANU).

Portfolio Pulse from Charles Gross

June 12, 2023 | 9:25 pm

SHY

The Federal Reserve faces a critical juncture in its interest rate hiking cycle, with the outcome of the FOMC meeting on June 14-15 holding significant implications for markets and the economy. Bond investors anticipate a pause in the upcoming June meeting, but foresee potential rate hikes resuming as early as July. The iShares 1-3 Year Treasury Bond ETF (NYSE:SHY) has fallen 1.2% in the past month, reflecting expectations of further tightening by the bond market.

Portfolio Pulse from Piero Cingari

June 12, 2023 | 9:24 pm

MCOM

Micromobility.com announced seven drawdowns for a total of 12.8 million shares of Class A common stock, raising gross proceeds of about $4.4 million through a standby equity purchase agreement with Yorkville.

Portfolio Pulse from Charles Gross

June 12, 2023 | 9:16 pm

BIIB

Biogen has announced several changes to its board of directors and will adjourn its annual meeting of stockholders until June 26, 2023. Directors Alexander J. Denner, William D. Jones, and Richard C. Mulligan will not stand for re-election, while Susan Langer is nominated. Board Chair Stelios Papadopoulos will step down and be replaced by Caroline Dorsa.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 9:16 pm