December 28, 2011 4:19 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.
This is your Benzinga news summary for Wednesday, December 28, 2011, covering headlines from Wednesday's daytime trading session.Today at market close, the Dow Jones Index traded down about 138.88 points or 1.13%, the S&P 500 traded 1.24% lower, the Nasdaq Composite Index traded down 1.34%, and the U.S. dollar trades slightly higher near the $80.95 level. Earlier today, DA Davidson upgraded Starbucks (NASDAQ: SBUX) to Buy and CL King upgraded MWI Veterinary Supply (NASDAQ: MWIV) to Strong Buy. View all of
today's upgrades here.Canaccord downgraded Enbridge (NYSE: ENB) to Hold and the Oxen Group downgraded Compania Cervecerias Unida (NYSE: CCU) to Hold. View all of
today's downgrades here.Overseas, European markets ended their trading session higher. Britain's FTSE 100 lost 0.1%, Germany's DAX decreased by 2.01% and France's CAC 40 slid by 1.03% on the session. Asian stocks ended their session mixed. China's Shanghai Index gained by 0.19%, Japan's Nikkei 225 decreased by 0.2%, and the Hang Seng index lost 0.59%.On the economic calendar, nothing came out. On the commodity front,
gold and
silver futures traded lower today, with gold trading about 0.6% lower today. Energy futures are lower, with
crude oil down over 1.7% near the $99.55 level and
gasoline futures are trading lower by about 1.3%.
Natural Gas futures are lower by about 0.6% and
copper futures are trading over 0.4% lower.There were no earnings announcements today.In corporate news, Epiq Systems (NASDAQ: EPIQ) announced that
it will acquire De Novo Legal for $68 million. China Sky One Medical (NASDAQ: CSKI) announced that
its CFO, Hongyu Pan, will leave the company. The resignation is dated on December 22, 2011, although a new CFO has not been announced.Jamba (NASDAQ: JMBA) announced that
announced plans to expand supply chain to include markets in Colorado and Texas.Today's Movers include:
Arctic Cat (NASDAQ: ACAT) +20.1% after repurchasing Suzuki's stake for $79 million
Simcere Pharmaceutical Group (NYSE: SCR) +11.6% on intermittent volume
Amyris (NASDAQ: AMRS) +6.8% on light volume
Molycorp (NYSE: MCP) -14.1% on negative analyst comments
KiOR (NASDAQ: KIOR) -9.1% on light volume
Meritor (NYSE: MTOR) -8.5% on light volume
This concludes your news summary for December 28, 2011.
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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