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.
- Cardiovascular Systems Inc (NASDAQ:CSII) issued an update on financials citing the COVID-19 impact.
- The device maker says that the revenue for Q1 FY22 could be negatively affected by more than 10% from the anticipated level.
- The Company attributes the adverse impact to hospital capacity constraints due to increased hospitalizations in Florida and Texas caused by the COVID-19 Delta variant.
- In addition to constraints on hospital capacity, the Company cites other factors, including disruption of referral patterns, deferral of elective procedures, and staffing shortages.
- The impact of the factors is more pronounced because procedure volumes involving the Company’s products tend to be heavily weighted in September, relative to July and August.
- The Company anticipated that it would experience a similar trend in fiscal 2022; however, in Q1, the negative impact due to the Delta variant was larger than expected.
- Price Action: CSII stock is 1.73% lower at $34.12 during the market session on the last check Wednesday.
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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