Beta Bionics proposed a $125 million underwritten public offering in part to fund the commercialization of Mint, its tubeless inulin patch pump. Shares fell 8.4% to $17.62 in after-hours trading on Tuesday.
Granite Point Mortgage Trust cut its quarterly dividend to 1 cent a share from 5 cents in an effort to preserve capital. The stock slid 5.6% to 85 cents.
FTAI Aviation's board approved a $500 million stock buyback program. Shares were up 3.2% at $182.00.
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