Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Twenty-First Century Fox Inc (NASDAQ:FOXA) stock gained nearly 2 percent amid a fresh round of M&A rumors. Comcast Corporation (NASDAQ:CMCSA) may be prepared to present an offer to buy Fox's assets even though it has already reached a deal to sell most of its entertainment and media assets to Walt Disney Co (NYSE:DIS) for $52.4 billion, Reuters reported.
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General Dynamics Corporation (NYSE:GD) gained 2.2 percent after the global aerospace and defense company announced an acquisition. General Dynamics said it will buy CSRA Inc (NYSE:CSRA) in a deal that values the stock at $40.75 per share, which marks a premium of more than 30 percent from Friday's closing price of $30.82.
ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) gained around 35 percent. The nano-cap pharmaceutical company that focuses on curing hepatitis B said it has reached an agreement with the U.S. Food and Drug Administration to streamline the development and registration of its hepatitis B therapy called TXL.
VF Corp (NYSE:VFC) gained more than 2 percent to trade at $81.24, which is within striking distance of its 52-week high of $82.95. The stock was upgraded from Hold to Buy at Stifel.
Sharing Economy International Inc (NASDAQ:SEII) could see continued volatility. The China based nano-cap's stock has fallen more than 15 percent over the past three trading sessions but the company's chairman issued an open letter to shareholders on Monday. The letter highlighted a series of corporate developments and how it plans on focusing on "high growth opportunities" ahead.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.