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AAIC

Arlington Asset Investment Corp (NYSE:AAIC) shares are trading higher after Ellington Financial announced plans to acquire the company. Arlington shareholders will receive 0.3619 shares of Ellington for each share held, plus 9 cents per share in cash. Upon closing, Ellington shareholders will own 85% of the combined company, and Arlington shareholders will own 15%.

Portfolio Pulse from Adam Eckert

May 30, 2023 | 1:25 pm

AAIC

Arlington Asset Investment shares are trading higher after Ellington Financial announced plans to acquire the company.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 1:23 pm

AUVI

Applied UV, Inc. (AUVI) announced a 1-for-5 reverse stock split to bring the company into compliance with the $1.00 minimum bid price requirement for maintaining its listing on Nasdaq. The split will take effect on May 31, 2023, and will not change the par value of the Common Stock nor the authorized number of shares.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:22 pm

BA

EADSF

Boeing is working on a deal to sell 150 of its 737 Max jetliners to Saudi Arabian startup airline Riyadh Air, owned by Saudi Arabia's Public Investment Fund (PIF). The order may be valued at around $8 billion. Airbus may also claim a part of this order.

Portfolio Pulse from Lekha Gupta

May 30, 2023 | 1:22 pm

AUR

Aurora (AUR) is set to join the Russell 3000 Index, which could lead to increased visibility and investment in the company.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 1:20 pm

HUDA

Hudson Acquisition I Corp. (NASDAQ:HUDA) received a notice of deficiency from Nasdaq due to delayed filing of its Form 10-Q and pending filing of its 10-K. The company has until June 20, 2023, to submit a plan to regain compliance and has replaced its former auditor to rectify the situation.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:19 pm

TIGR

UP Fintech reported better-than-expected Q1 adjusted EPS and sales results, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 1:18 pm

TRMR

Tremor International reported better-than-expected Q1 sales results, leading to a surge in its share prices.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 1:18 pm

HPCO

Hempacco Co. (NASDAQ:HPCO) received a notice from Nasdaq for non-compliance with Listing Rule 5250(c)(1) due to not filing its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2023. The company has 60 days to submit a plan to regain compliance or face potential delisting.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:17 pm

GOTU

Gaotu Techedu reported a YoY increase in Q1 adjusted EPADS and better-than-expected sales results, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 1:17 pm