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APO

DXC

KD

Apollo Global Management and Kyndryl Holdings are considering a joint bid for DXC Technology, with a per-share bid ranging between $22 and $25. This news caused DXC's shares to surge by 11%, closing at $18.45. DXC is also seeking bids for its insurance software business, valued at over $2 billion. The potential acquisition comes as Kyndryl receives positive attention from Wall Street, and Apollo continues to be a major player in private equity.

Portfolio Pulse from Benzinga Neuro

June 11, 2024 | 1:20 am

KPRX

Trading for Kiora Pharmaceuticals, Inc. (KPRX) was halted at 7:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:50 pm

CURLF

GTBIF

VRNOF

Maryland's cannabis market offers valuable insights for Ohio as it transitions to recreational sales. Key takeaways include stable sales, high prices, and significant market share held by public multi-state operators like Green Thumb, Curaleaf, and Verano. Ohio can learn from Maryland's experience to anticipate challenges and opportunities.

Portfolio Pulse from Nicolás Jose Rodriguez

June 10, 2024 | 11:20 pm

GNFT

Trading for GNFT was halted and has now resumed as of 5:50:00 PM ET. Investors should be aware of the potential volatility following the resumption of trading.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 9:50 pm

ATAT

Atour Lifestyle has announced a proposed secondary offering of 10 million ADSs by entities affiliated with Legend Capital. Each ADS represents three Class A ordinary shares. The underwriters have a 30-day option to purchase an additional 1.5 million ADSs. Post-offering, Legend Capital will own approximately 7.6% of the share capital if the option is not exercised. Director Hongbin Zhou, appointed by Legend Capital, will resign upon completion of the offering.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 9:18 pm

BITF

Bitfarms announced that it has been notified by the Toronto Stock Exchange (TSX) regarding the deferral of consideration of its shareholder rights plan.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 9:03 pm

CRM

Salesforce (NYSE:CRM) has outperformed the market over the past 10 years with an average annual return of 15.38%, resulting in a $100 investment growing to $442.85. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 9:01 pm

BROS

Dutch Bros has announced a public offering of 8.762 million shares of common stock by selling stockholders associated with TSG Consumer Partners. Following the offering, Sean Sullivan, the remaining director nominated by the selling stockholders, is expected to resign from the board of directors.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:56 pm

META

The U.S. Supreme Court will consider a lawsuit against Meta Platforms (NASDAQ:META) related to the Cambridge Analytica scandal. The lawsuit alleges that Meta misled investors about the misuse of user data, leading to significant share price drops in 2018. If the case proceeds, Meta could face a $2 billion settlement.

Portfolio Pulse from Michael Juliano

June 10, 2024 | 8:47 pm

COST

Financial giants have shown a bearish trend in Costco Wholesale's options trading, with 54 unusual trades identified. The stock is currently trading at $848.34, up by 0.33%. Analysts have mixed ratings with target prices ranging from $800 to $900.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 8:45 pm