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 mostly traded higher, but the Dow Jones lost around 19 points on Wednesday. Here are some big stocks recording losses 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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- Estee Lauder Companies, Inc. (NYSE:EL) shares tumbled 21.3% to $192.99 after the company reported disappointing quarterly earnings and issued weak full-year guidance, showing a 10%-12% decline in sales.
- NerdWallet, Inc. (NASDAQ:NRDS) shares were down 19.43% to $10.0715 after the company reported higher-than-expected earnings and revenue for the first quarter while guiding to its second-quarter revenues below estimates.
- Icahn Enterprises L.P. (NASDAQ:IEP) shares declined 18.27% to $32.9895 in pre-market trading after a Hindenburg Research report claimed “Ponzi-like” business concerns surrounding the stock.
- Avanos Medical, Inc. (NYSE:AVNS) fell 17.43% to $23.915 in pre-market trading after the company’s first quarter Non GAAP earnings of 27 cents per share missed estimates by 1 cent per share and revenues of $191.7 million missed expectations by $3.5 million.
- Sprout Social, Inc. (NASDAQ:SPT) was down, falling 17.40% to $39.915 after the company reported better-than-expected results for the first quarter but issued disappointing guidance for the second quarter.
- Mercury Systems Inc (NASDAQ:MRCY) shares fell 17.19% to $37.50 in pre-market trading. RBC Capital maintained a Sector Perform rating on Mercury Systems, while lowering the price target to $45.
- The Andersons, Inc. (NASDAQ:ANDE) declined 14.25% to $37.63 in pre-market trading after the company’s first-quarter earnings of 20 cents per share beat the consensus estimates of 18 cents per share, despite higher-than-expected sales of $3.88 billion.
- Clearwater Paper Corporation (NYSE:CLE) shares dropped 14.22% to $31.13 in pre-market trading after the company’s first-quarter earnings of $1.47 per share missed analyst estimates of $1.75 per share and revenue of $525 million missed expectations by $22 million.
- Shares of Wave Life Sciences Ltd (NASDAQ:WVE) declined by 11.01% to $3.28 after the company reported disappointing results for the first quarter.
- Wix.Com Ltd’s (NASDAQ:WIX) stock tanked 9.79% to $76.24, continuing its downtrend since last week.
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