DENVER, Colo., Jul 01, 2025 (247marketnews.com)- As we head into the close of the first trading day of the second half of the year, the following are among the standout listings.
Wolfspeed (NYSE:WOLF) has advanced to the next phase of executing its previously announced Restructuring Support Agreement (“RSA”) with key stakeholders, including: (i) holders of over 97% of its senior secured notes, (ii) the U.S. subsidiary of Renesas Electronics Corporation, and (iii) convertible noteholders representing more than 67% of the outstanding convertible debt.
BioNexus Gene Lab (NASDAQ:BGLC) appears to be one of today’s top momentum movers.
Venu Holding Corporation (NYSE:VENU) recently introduced partnerships with industry leaders, including Aramark (NYSE:ARMK), and broke ground on its $350M 20,000-capacity Sunset Amphitheater.
VENU recently received analyst upgrades from Northland Capital, with an “Outperform” rating and a $15 price target, and ThinkEquity issuing a “Buy” rating with a $15 price target.
Bitmine Immersion Technologies (NYSE:BMNR) is following through, after announcing that it agreed to a private placement for the sale of 55,555,556 shares of common stock (or common stock equivalents) at $4.50 per share, for expected aggregate gross proceeds of approximately $250 million before deducting offering expenses (funded in a combination of cash and cryptocurrencies) to implement an Ethereum treasury strategy.
Bloomin’ Brands (NASDAQ:BLMN) announced a 5% same-store sales increase for Q2 2025, driven by Outback Steakhouse promotions, which prompted JPMorgan to upgrade BLMN to “Overweight” with a $25 target on June 27, 2025, citing cost efficiencies and digital ordering growth.
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