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RBOT

Vicarious Surgical Inc (NASDAQ:RBOT) shares fell by 20% to $0.29 after announcing a 1-for-30 reverse stock split to meet NYSE's minimum price requirement. The split will take effect on June 12, with trading on a split-adjusted basis starting June 13.

Portfolio Pulse from Henry Khederian

June 11, 2024 | 7:40 pm

SHLS

Shoals Technologies Group Inc (NASDAQ:SHLS) shares surged by 9.2% to $7.43 after announcing a $150 million share repurchase program. The program, funded by cash reserves, free cash flow, and credit facility borrowings, reflects confidence in the company's growth. An Accelerated Share Repurchase (ASR) agreement with Jefferies LLC for $25 million was also initiated. Despite recent declines in stock price and revenue, Wall Street analysts generally view SHLS as a Buy.

Portfolio Pulse from Henry Khederian

June 11, 2024 | 7:36 pm

KITT

Nauticus Robotics, Inc. (NASDAQ:KITT) shares surged 20% following the announcement of an $8.4 million stock offering through H.C. Wainwright & Co., LLC. The company has already raised $5.4 million and plans to use the proceeds for working capital and general corporate purposes.

Portfolio Pulse from Vaishali Prayag

June 11, 2024 | 7:35 pm

PARA

PARAA

Shari Redstone's National Amusements Inc. (NAI) has ended talks with Skydance Media, according to sources. This development could impact Paramount Global (PARA, PARAA), which is controlled by NAI.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 7:34 pm

NEE

NextEra Energy (NYSE:NEE) shares are down 5.5% after the company reaffirmed its 2024-2026 EPS guidance and issued 2027 targets ahead of its Investor Day event. The company expects adjusted EPS for 2024, 2025, and 2026 to be in the range of $3.23-$3.43, $3.45-$3.70, and $3.63-$4.00, respectively, and introduced a 2027 adjusted EPS range of $3.85-$4.32.

Portfolio Pulse from Erica Kollmann

June 11, 2024 | 7:32 pm

OKE

ONEOK (NYSE:OKE) has outperformed the market over the past 20 years with an average annual return of 10.63%, surpassing the market by 2.56% annually. A $1000 investment in OKE 20 years ago would be worth $7,485.20 today. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 7:30 pm

WM

Waste Management (NYSE:WM) has outperformed the market over the past 15 years, delivering an average annual return of 14.07%. A $1000 investment in WM 15 years ago would be worth $7,274.61 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 11, 2024 | 7:30 pm

CAPR

Capricor Therapeutics (NASDAQ: CAPR) shares are trading higher after the company reported progress on its CAP-1002 treatment for Duchenne Muscular Dystrophy. The FDA has agreed to a pre-Biologics License Application meeting, allowing a rolling submission starting in Q3 2024.

Portfolio Pulse from Dylan Berman

June 11, 2024 | 7:27 pm

COF

Capital One Financial shares are trading lower after a company executive announced that they expect to close the Discover Financial deal in late 2024 or early 2025.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 7:19 pm

CCJ

Cameco shares are trading lower amid weakness in uranium stocks.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 7:17 pm