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.
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user!
Canada Goose Holdings Inc (NYSE:GOOS) stock was trading higher by nearly 20 percent early Friday morning in reaction to a strong fiscal fourth-quarter earnings report. The Canada-based maker of apparel best suited for cold winters earned 9 cents per share in the quarter on revenue of $124.821 million. The metrics imply a 20 percent sales growth and 25 percent EPS growth from a year ago.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Dr.Reddy's Laboratories Ltd (ADR) (NYSE:RDY) was trading higher by 6 percent. The global pharmaceutical company said it received final approval from the FDA for its uprenorphine and
Naloxone Sublingual Film which is used to treat adults with opioid dependence/addiction.
Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) was trading higher by 1.5 percent while Nucor Corporation (NYSE:NUE) was trading flat. Both steel stocks reported upbeat earnings reports Thursday afternoon, which could attract investor attention to the steel sector.
DPW Holdings Inc (NYSE:DPW) was trading higher by 6 percent after the holding company entered into a new joint venture in the electronic payment space. DPW Holdings' subsidiary Digital Power Lending formed a new joint venture with Mexico's QPAGOS to launch a network of 1,000 self-service kiosks starting in California over the next year.
CLPS Inc (NASDAQ:CLPS) was trading higher by more than 50 percent on no notable news to justify a move of this magnitude. The most recent press release issued by the China-based information technology consulting and solutions service provider is May 29, which was days after its May 24 initial public offering.
Related Links:
25 Stocks Moving In Friday's Pre-Market Session
A Peek Into The Markets: US Stock Futures Tumble, Dow Futures Down Over 150 Points
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.