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Stock Prices

HTZ

Hertz Global Holdings, Inc. (NASDAQ:HTZ) shares fell after the company announced a $750 million debt offering to strengthen its financial position and support future profitability. The offering includes $500 million in First Lien Senior Secured Notes and $250 million in Exchangeable Senior Second-Lien Secured PIK Notes, both due in 2029. The funds will be used to reduce a portion of Hertz's $2.0 billion revolving credit facility.

Portfolio Pulse from Nabaparna Bhattacharya

June 20, 2024 | 4:40 pm

DJT

Donald Trump's media company, Trump Media & Technology Group Corp (NASDAQ:DJT), has received SEC approval for a share offering filing. This allows Trump to potentially cash out his $3.2 billion stake while maintaining voting control. The news has led to a 13.8% drop in DJT's stock price.

Portfolio Pulse from Chris Katje

June 20, 2024 | 4:39 pm

MGOL

MGO Global Inc. (NASDAQ:MGOL) shares surged after announcing a business combination with Heidmar, Inc., expected to close in Q3 2024. The combined company will operate under the Heidmar name and be listed on Nasdaq as 'HMAR'. The news led to a significant increase in trading volume for MGOL shares.

Portfolio Pulse from Erica Kollmann

June 20, 2024 | 4:38 pm

EBS

Emergent BioSolutions (NYSE:EBS) shares are trading higher after announcing the sale of its Baltimore-Camden facility to Bora Pharmaceuticals for $30 million. The sale aligns with Emergent's plan to become leaner and more flexible. Additionally, Benchmark analyst Robert Wasserman raised the price target for EBS from $5 to $8.

Portfolio Pulse from Dylan Berman

June 20, 2024 | 4:36 pm

ALUR

KAVL

MGOL

SVMH

ZAPP

The article highlights significant intraday movements in consumer discretionary stocks on Thursday. Notable gainers include Allurion Technologies (ALUR), Zapp Electric Vehicles (ZAPP), and MGO Global (MGOL), while significant losers include Kaival Brands Innovations (KAVL), SRIVARU Holding (SVMH), and Visionary Holdings (GV).

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 4:32 pm

FEMY

MBIO

MOLN

SONN

TRVN

ZNTL

The article highlights significant intraday movements in health care stocks on Thursday. Notable gainers include Molecular Partners (MOLN), Zentalis Pharma (ZNTL), and Femasys (FEMY), while major losers include Mustang Bio (MBIO), Trevena (TRVN), and Sonnet BioTherapeutics (SONN).

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 4:32 pm

BEST

LICY

NKLA

NNE

SCWO

SRFM

The article highlights the intraday movements of 12 industrial stocks on Thursday. Notable gainers include Nano Nuclear Energy (NNE), Surf Air Mobility (SRFM), and BEST, while significant losers include Li-Cycle Holdings (LICY), Nikola (NKLA), and 374Water (SCWO).

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 4:32 pm

ABTS

AEHR

APLD

ASNS

CISO

HIMX

HOLO

NXTT

QMCO

QXO

SLNH

SMX

The article highlights the intraday movements of various Information Technology stocks on Thursday. Notable gainers include SMX, Applied Digital, MicroCloud Hologram, Next Technology Holding, Soluna Holdings, and Himax Techs. On the losing side, QXO, Abits Group, Actelis Networks, CISO Global, Aehr Test Systems, and Quantum experienced declines.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 4:32 pm

Edwards Lifesciences (NYSE:EW) has significantly outperformed the market over the past 20 years, delivering an average annual return of 18.64%. A $100 investment in EW 20 years ago would be worth $3,104.57 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 4:30 pm

WRB

WR Berkley (NYSE:WRB) has significantly outperformed the market over the past 15 years, delivering an average annual return of 15.23%. A $100 investment in WRB 15 years ago would be worth $824.28 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 4:30 pm