ADVFN US – Market Content Editor
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TechnipFMC Shares Climb Following S&P MidCap 400 Inclusion
TechnipFMC plc (NYSE:FTI) stock jumped 4.7% in premarket trading Wednesday after S&P Dow Jones Indices announced the company will join the S&P MidCap 400 index. The change will take effect before trading opens on Friday, September 12, 2025, with TechnipFMC replacing Skechers USA Inc. (NYSE:SKX), which is set to be acquired by 3G Capital, pending…
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Nuburu Shares Surge on Revised Tekne Acquisition Terms
Nuburu Inc (AMEX:BURU) stock jumped 31% in premarket trading Wednesday after the company disclosed modified terms for its planned acquisition of Italian laser manufacturer Tekne S.p.A. According to a regulatory filing, Nuburu has executed a binding commitment letter to restructure its previously announced acquisition of a 70% stake in Tekne, following feedback from the Italian…
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Urban-Gro Shares Surge After Divesting Non-CEA Architecture Unit
Urban-Gro Inc (NASDAQ:UGRO) saw its stock jump 16.3% following the sale of its non-controlled environment agriculture (CEA) architecture business for $2 million. The deal, detailed in a regulatory filing, involves Urban-Gro subsidiaries transferring all shares of 2WR of Georgia, Inc. and related assets to 2WR Holdco, LLC. The sale focuses on the company’s commercial, industrial,…
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LightPath Shares Jump Following $18.2 Million Defense Contract
LightPath Technologies Inc (NASDAQ:LPTH) saw its stock rise 13.2% after the company secured an $18.2 million order for advanced infrared camera systems from a leading global technology client. The purchase order, set for delivery in 2026, significantly strengthens LightPath’s defense and government backlog. The company also revealed an agreement that could result in additional orders…
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Western Digital Shares Climb After Morgan Stanley Names Stock a Top Pick
Western Digital (NASDAQ:WDC) saw its stock rise 3.4% in premarket trading on Wednesday after Morgan Stanley upgraded it to a Top Pick, citing confidence in the company’s technology roadmap and capital return strategy. “Following management meetings, we gained increased confidence in WDC’s tech roadmap, and walk away more confident that WDC’s 20%+ valuation discount vs.…
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Sanara MedTech Shares Dip Following CEO Succession Announcement
Sanara MedTech Inc. (NASDAQ:SMTI) saw its stock fall 2% on Wednesday after the company disclosed a planned CEO transition scheduled for next year. The firm announced that Seth Yon, currently serving as President and Chief Commercial Officer, will assume the role of President and Chief Executive Officer effective September 15, 2025. Yon will also join…
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Hamilton Lane Shares Decline Following Public Offering Pricing
Hamilton Lane Inc. (NASDAQ:HLNE) saw its stock fall 2.3% after the private markets asset management firm announced the pricing of an underwritten public offering of 528,705 Class A common shares. The offering is expected to generate gross proceeds of approximately $77.5 million and includes shares sold by both Hamilton Lane and a selling stockholder. The…
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Smithfield Foods Shares Decline After Major Shareholder Launches Secondary Offering
Smithfield Foods Inc. (NASDAQ:SFD) saw its stock drop 5.2% on Wednesday following the announcement that its largest shareholder is conducting a secondary public offering of 16 million shares of the company’s common stock. The American food producer, known for its value-added packaged meats and fresh pork products, will not receive proceeds from the sale, as…
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STRATA Skin Sciences Shares Drop Following $2.42 Million Share Offering Announcement
STRATA Skin Sciences Inc. (NASDAQ:SSKN) saw its stock plunge 17.7% on Wednesday after the medical technology firm announced a registered direct offering of common shares to raise approximately $2.42 million. The company, which develops and markets dermatology-focused products, entered into definitive securities purchase agreements with institutional investors for 1,097,547 shares at $2.204 per share. The…
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BT Brands Shares Soar Following Merger Agreement with Drone Technology Firm Aero Velocity
BT Brands Inc. (NASDAQ:BTBD) saw its shares jump 117% in premarket trading Wednesday after announcing a definitive merger deal with Aero Velocity Inc., a provider of advanced drone solutions. The all-stock transaction will reposition BT Brands as a specialist in drone technology and AI-driven solutions for both government and commercial clients. Under the terms of…