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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Five Below Inc (NASDAQ:FIVE) stock was trading higher by more than 15 percent early Thursday morning in reaction to the retailer's first-quarter results. The company said it earned 39 cents per share in the first quarter on revenue of $291.61 million and 3.2 percent comp growth. Wall Street analysts were modeling an EPS of 33 cents and revenue of $291.61 million while comps rose 3.2 percent. Management also issued a strong guidance for its second quarter and full fiscal year.
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Rev Group Inc (NYSE:REVG) was trading lower by more than 17 percent after a mixed fiscal second-quarter report. Management also lowered its full-year net income guidance and full year sales guidance due to a "timing lag between two major contracts in our transit bus business."
Athersys, Inc. (NASDAQ:ATHX) was trading higher by around 20 percent after announcing the expansion of a collaboration with Japan-based pharmaceutical company Healios. As part of the revised agreement, Healios received rights to develop and commercialize MultiStem in Japan in exchange for $20 million upfront and up to $360 million in milestone payments.
General Electric Company (NYSE:GE) was trading flat after announcing a new subsidiary. GE said it created a new fully-owned subsidiary called AiRXOS which will focus on traffic management for unmanned aircraft systems.
Chimerix Inc (NASDAQ:CMRX) was trading higher by nearly 3 percent after the FDA granted an Orphan Drug Designation for the company's treatment of smallpox called brincidofovir.
27 Stocks Moving In Thursday's Pre-Market Session
A Peek Into The Markets: US Stock Futures Up Ahead Of Jobless Claims Data
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.