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.
U.S. stocks traded slightly lower, with the Nasdaq Composite dropping around 0.2% on Monday. Here are some big stocks recording gains in today’s session.
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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- Provention Bio, Inc. (NASDAQ:PRVB) shares gained 250.8% to $23.50 after Sanofi announced it will acquire the company for $25 per share in cash.
- Calliditas Therapeutics AB (NASDAQ:CALT) shares surged 33.7% to $22.73 after the company announced the primary endpoint was successfully met in the Phase 2 NefIgArd trial evaluating Nefecon in IgA nephropathy.
- Cipher Mining Inc. (NASDAQ:CIFR) jumped 30.2% to $1.7195.
- ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) gained 23.7% to $24.20 after the company reported a fourth-quarter FY22 sales decline of 37% year-on-year to $2.19 billion, beating the consensus of $2.11 billion.
- Illumina, Inc. (NASDAQ:ILMN) gained 17.7% to $228.41 following a media report stating Carl Icahn is preparing to become an activist investor in the company.
- Seagen Inc. (NASDAQ:SGEN) climbed 16.8% to $201.65 after Pfizer announced it would acquire the company for $229 per share in cash.
- Zynex, Inc. (NASDAQ:ZYXI) gained 15.7% to $11.03 following upbeat quarterly earnings.
- Harmony Gold Mining Company Limited (NYSE:HMY) rose 15% to $3.6350. Shares of gold companies traded higher amid a decline in the US dollar.
- Marathon Digital Holdings, Inc. (NASDAQ:MARA) jumped 13.6% to $6.06. Marathon Digital said the company hold $142 million in cash deposits as signature bridge.
- Karyopharm Therapeutics Inc. (NASDAQ:KPTI) surged 13.2% to $3.39.
- Gold Fields Limited (NYSE:GFI) rose 13% to $10.69. Shares of gold companies traded higher amid a decline in the US dollar.
- Riot Platforms, Inc. (NASDAQ:RIOT) gained 12.8% to $5.98 after declining over 4% on Friday.
- MacroGenics, Inc. (NASDAQ:MGNX) rose 12.4% to $5.98.
- First Majestic Silver Corp. (NYSE:AG) gained 11.4% to $6.80. Shares of precious metals companies traded higher amid uncertainty surrounding the US financial sector, which has lifted safe-haven assets.
- AngloGold Ashanti Limited (NYSE:AU) rose 11.3% to $19.61. Shares of gold companies traded higher amid a decline in the US dollar.
- Sage Therapeutics, Inc. (NASDAQ:SAGE) surged 11% to $43.90 after RBC Capital upgraded the stock from Sector Perform to Outperform and announced a $60 price target.
- Enovix Corporation (NASDAQ:ENVX) rose 10.4% to $10.55.
- Agenus Inc. (NASDAQ:AGEN) gained 10.3% to $1.6550. Agenus is expected to release its Q4 financial results on Tuesday, March 14, 2023.
- Design Therapeutics, Inc. (NASDAQ:DSGN) gained 8.9% to $7.07.
- Kinross Gold Corporation (NYSE:KGC) jumped 8.2% to $3.79. Shares of several mining stocks traded higher following an increase in the price of precious metals amid stress in the US financial sector.
- MicroStrategy Incorporated (NASDAQ:MSTR) shares gained 8.3% to $208.24 after dropping 9% on Friday.
- FTI Consulting, Inc. (NYSE:FCN) gained 6.1% to $197.94. Truist Securities maintained FTI Consulting with a Buy and raised the price target from $220 to $240.
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