Streetbeat News

Stock Prices

URGN

UroGen Pharma Ltd. (NASDAQ:URGN) announced the commencement of a public offering of ordinary shares and pre-funded warrants. The offering is subject to market conditions, and UroGen expects to grant underwriters a 30-day option to purchase up to an additional 15% of the total shares offered. TD Cowen and Guggenheim Securities are joint book-running managers, with Oppenheimer & Co. as lead manager and Ladenburg Thalmann as co-manager.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:57 pm

NEE

NextEra Energy Inc (NYSE:NEE) shares are falling after the company announced plans to sell $2 billion of equity units. The proceeds will be used for investments in energy projects and general corporate purposes.

Portfolio Pulse from Adam Eckert

June 17, 2024 | 8:53 pm

LEN

Lennar Corp (NYSE:LEN) reported better-than-expected Q2 earnings and sales, with earnings per share of $3.38 and sales of $8.77 billion. New orders increased by 19% and deliveries by 15%, although the average sales price per home decreased by 5%. Despite the positive results, Lennar shares fell 1.92% after-hours.

Portfolio Pulse from Erica Kollmann

June 17, 2024 | 8:50 pm

HUDA

Hudson Acquisition I Corp. (NASDAQ:HUDA) has received a notice from Nasdaq regarding late filings of its annual and quarterly reports, putting it out of compliance with Nasdaq Listing Rule 5250(c)(1).

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:50 pm

URGN

UroGen Pharma Ltd. (NASDAQ:URGN) has announced a public offering of its ordinary shares and pre-funded warrants. The size and amount of the offering have not been disclosed. The company also expects to grant underwriters a 30-day option to purchase up to an additional 15% of the total number of shares offered.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:49 pm

AMC

CNK

DIS

IMAX

Disney's 'Inside Out 2' has achieved a record-breaking opening weekend, grossing $295 million worldwide. This success is expected to positively impact Disney and movie theater stocks like AMC, Cinemark, and Imax.

Portfolio Pulse from Chris Katje

June 17, 2024 | 8:47 pm

OKTA

Recent unusual options activity for Okta (NASDAQ:OKTA) indicates a bullish stance from investors, with 66% of trades being bullish and 33% bearish. The options trades, totaling over $363,000, suggest a targeted price range of $80 to $125. Analysts have mixed ratings, with a consensus target price of $118.4.

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 8:45 pm

AMAT

DKNG

LRCX

PENN

SPY

The stock market closed higher today with notable movements in chip and sports betting stocks. Wells Fargo raised price targets on several chip stocks, and sports betting stocks saw a rise.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:38 pm

CHGG

Chegg shares are trading higher following the announcement of a restructuring plan that includes headcount reduction, a new brand and marketing strategy, and increased resources for its international program.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:37 pm

CHGG

Chegg shares are trading higher following the announcement of a restructuring plan that includes headcount reduction, a new brand and marketing strategy, and increased resources for its international program.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 8:37 pm