November 19, 2018 2:34 PM | 2 min read |
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.
Toward the end of trading Monday, the Dow traded down 1.94 percent to 24,920.82 while the NASDAQ declined 3.1 percent to 7,024.15. The S&P also fell, dropping 1.95 percent to 2,683.05.
Leading and Lagging SectorsMonday afternoon, the utilities shares climbed 0.02 percent. Meanwhile, top gainers in the sector included
Azure Power Global Ltd (NYSE:AZRE) up 2 percent, and
Genie Energy Ltd (NYSE:GNE) up 2 percent.In trading on Monday, information technology shares fell 3.9 percent.
Top Headline Cimarex Energy Co (NYSE:XEC) announced plans to buy
Resolute Energy Corp (NYSE:REN) for $35 per share in cash and stock in a deal valued at $1.6 billion, including debt.
Equities Trading UP Akers Biosciences, Inc. (NASDAQ:AKER) shares shot up 71 percent to $2.097 after the company announced it is evaluating potential business combinations in alternative sectors, including the cannabis industry.Shares of
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
(NASDAQ:YECO) got a boost, shooting up 20 percent to $6.10 after the company reported the purchase of Michelangelo's Crucifixion painting for $75 million.
Cesca Therapeutics Inc. (NASDAQ:KOOL) shares were also up, gaining 32 percent to $0.3999 after the company announced receipt of 501(k) clearance to market its AXP II AutoXpress platform for clinical cord blood banking.
Equities Trading DOWN Spectrum Brands Holdings, Inc. (NYSE:SPB) shares dropped 20 percent to $47.41 after the company reported weaker-than-expected results for its fourth quarter.Shares of
Sonoma Pharmaceuticals, Inc. (NASDAQ:SNOA) were down 20 percent to $0.881 after the company announced an equity offering priced at $1 per share.
PermRock Royalty Trust (NYSE:PRT) was down, falling around 18 percent to $9.80 after the company announced the sale of its interest in certain Ward County, TX leases.
CommoditiesIn commodity news, oil traded up 0.9 percent to $56.97 while gold traded up 0.11 percent to $1,224.40.Silver traded up 0.09 percent Monday to $14.395, while copper fell 0.30 percent to $2.8015.
EurozoneEuropean shares closed lower today. The eurozone's STOXX 600 declined 0.73 percent, the Spanish Ibex Index slipped 0.56 percent, while Italy's FTSE MIB Index dropped 0.29 percent. Meanwhile the German DAX dropped 0.85 percent, and the French CAC 40 fell 0.79 percent while U.K. shares fell 0.19 percent.
EconomicsThe NAHB housing market index declined 8 points to a reading of 60 in November. However, economists were expecting a reading of 67.New York Federal Reserve Bank President John Williams is set to speak at Bronx, NY at 3:15 p.m. ET.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.