Aeropostale Shares Showing Strength Following Hummingbird Capital Stake

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.

Shares of Aeropostale (NYSE: ARO) got a boost this morning following news that Hummingbird LLC had taken a 7.96 percent stake in the company.Hummingbird is an investment vehicle for Sycamore, so its holdings are directly attributed to those fundsThe stake comes as shares rest just off a 5-year low, and look to be giving investors some confidence in early trading. Following the news, shares rose as much as 16 percent, settling on a gain of 13.24 percent to $9.75 at the time of this article, dropping below the key $10 psychological level.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!