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.
AMC Entertainment Holdings Inc (NYSE:AMC) shares soared higher Wednesday by 95.6% to $62.55 amid renewed interest from retail investors. The company announced Tuesday that it raised $230.5 million in new equity from Mudrick Capital.
AMC wasn't the only name that had staggering gains for the day: here's a roundup of tickers being powered by heightened levels of retail investor interest.
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See also: How to Buy AMC Stock
GameStop Corp. (NYSE:GME) shares soared higher by 13.4% to $282.24 on the day in sympathy with shares of AMC. GameStop also announced that it will report first-quarter fiscal 2021 earnings results after the market closes on Wednesday, June 9.
GameStop is a U.S. multichannel video game, consumer electronics and services retailer. The company operates across Europe, Canada, Australia and the United States.
Nokia Oyj (NYSE:NOK) shares traded as high as $5.55 Wednesday before closing the day higher by 5% to $5.45.
Nokia is a leading vendor in the telecommunications equipment industry. The company's network business derives revenue from selling wireless and fixed-line hardware, software and services. Nokia's technology segment licenses its patent portfolio to handset manufacturers and makes royalties from Nokia-branded cellphones.
See also: How to Buy Nokia (NOK) Stock
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Koss Corporation (NASDAQ:KOSS) shares skyrocketed off a higher volume of 18.96 million shares traded on the day relative to the 100-day average of 3.64 million shares.
Koss Corp is a engaged in the design, manufacture, and sale of stereo headphones and related accessory products.
Bed Bath & Beyond Inc. (NASDAQ:BBBY) shares also soared Wednesday, gaining a staggering 62% on the day.
Bed Bath & Beyond Inc is a home furnishings retailer, operating around 1,020 stores in all 50 states.
Mattel Inc (NASDAQ:MAT) shares hit an intraday high of $21.86 before closing the day higher by 1.94% to $21.54.
Mattel markets toy products that are sold to its wholesale customers and direct to retail consumers.
Palantir Technologies Inc (NYSE:PLTR) shares were also boosted by the renewed interest from retail investors Wednesday, with shares gaining 6% to $24.45 on the day.
Palantir provides organizations with solutions to manage large disparate data sets in an attempt to gain insight and drive operational outcomes.
Naked Brand Group Ltd (NASDAQ:NAKD) shares closed higher by 29% to 82 cents off 426 million shares traded, relative to the 100- day average of 85 million.
Naked Brand operates as an intimate, apparel and swimwear company. The company designs, manufactures and markets a portfolio of company-owned and licensed brands.
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.