Streetbeat News

INV

Innventure, Inc.

https://www.innventure.com

Industry

Asset Management

Innventure, Inc. operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations. The company was founded in 2015 and is based in Orlando, Florida.

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Innventure has secured a $50 million line of credit from Western Technology Investment and raised $11 million through a Series B preferred stock issuance. This move aims to strengthen its balance sheet and enhance operating flexibility.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:36 pm

Shares of companies in the financial sector are experiencing a decline, likely due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 7:18 pm

U.S. stocks traded lower with the S&P 500 down 0.4%. Spirit Airlines extended its card processing agreement deadlines. Viad Corp shares rose 17% after selling its GES business. Construction Partners surged 11% on strong revenue guidance and acquisition news. Siyata Mobile shares jumped 75% on new product availability. Sezzle shares fell 14% ahead of earnings release.

Portfolio Pulse from Avi Kapoor

October 21, 2024 | 6:50 pm

U.S. stocks fell with the Dow Jones dropping over 300 points. Viad Corp shares surged 14% after announcing the sale of its GES business. Spirit Airlines extended deadlines for its 2025 notes. Construction Partners' shares rose on strong revenue forecasts and an acquisition announcement.

Portfolio Pulse from Avi Kapoor

October 21, 2024 | 4:04 pm

Tesla's shares fell 5.6% in pre-market trading after a disappointing robotaxi unveiling event. Other stocks like A. O. Smith, Lilium, and Indivior also saw declines due to various reasons including lowered earnings forecasts and revenue guidance.

Portfolio Pulse from Avi Kapoor

October 11, 2024 | 12:40 pm

Aehr Test Systems shares surged 14% in pre-market trading after reporting better-than-expected Q1 earnings and revenue. Several other stocks, including NewGenIvf Group and ZenaTech, also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

October 11, 2024 | 10:20 am

A report by AssetMark and Wealthmanagement.com highlights three key AI applications for financial advisors: optimizing lead generation, market segmentation, and improving client communication. While AI can enhance these areas, it is not a comprehensive solution. Financial advisory firms, including Franklin Resources, Invesco, T. Rowe Price, and AllianceBernstein, saw stock price increases.

Portfolio Pulse from Michael Juliano

September 19, 2024 | 7:16 pm

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