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.
Casual dining stocks are in play after Panera Bread (NASDAQ: PNRA), Ruby Tuesday (NYSE: RT) and Buffalo Wild Wings (NASDAQ: BWLD) reported second quarter results Tuesday.
Buffalo Wild Wings recently traded at $143.03, down 14 percent. Ruby Tuesday was trading at $5.97, down 16 percent. Panera was up 4.75 percent.
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Poor results from Ruby Tuesday and Buffalo Wild Wings look to be pulling the industry down.
Related Link: 4 Stocks To Watch Amid Family Dollar, Dollar Tree Merger
Traders can capitalize on higher than usual volatility and volume as investors adjust models for peer companies. Note several companies that appear to be reacting to these earnings reports:
- Kona Grill (NASDAQ: KONA) shares down 0.78 percent
- The Cheesecake Factory (NASDAQ: CAKE) shares down 0.39 percent
- Red Robin (NASDAQ: RRGB) shares down 0.66 percent
- Texas Roadhouse (NASDAQ: TXRH) shares down 1.02 percent
- BJ’s (NASDAQ: BJRI) shares down 1.83 percent
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.