Morning Market Losers


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.


Barrett Business Services (NASDAQ: BBSI) shares tumbled 31.13% to $30.62 on Q3 results. Barrett Business Services reported Q3 earnings of $1.35 per share on revenue of $900.20 million.InvenSense (NASDAQ: INVN) shares dropped 23.98% to $16.33. InvenSense reported Q2 earnings of $0.05 per share on revenue of $90.20 million. Pacific Crest downgraded InvenSense from Outperform to Sector Perform.American Realty Capital Properties (NASDAQ: ARCP) shares slipped 20.84% to $9.80 after the company announced non-reliance on previously issued financial statements and changes in accounting personnel. The company named Michael Sodo as CFO and Gavin Brandon as Chief Accounting Officer.Xoom (NASDAQ: XOOM) shares declined 19.70% to $15.62. XOOM reported Q3 earnings of $0.08 per share on revenue of $39.4 million. Xoom also announced the resignation of CFO Ryno Blignaut.Orbital Sciences (NYSE: ORB) shares slipped 14.06% to $26.10 as unmanned Antares rocket exploded on launch.Aspen Technology (NASDAQ: AZPN) shares fell 12.92% to $35.12 on Q1 results.Epiq Systems (NASDAQ: EPIQ) shares declined 12% to $17.23 on downbeat quarterly results.Applied Micro Circuits (NASDAQ: AMCC) shares dropped 8.72% to $6.28 after the company reported downbeat quarterly results.Facebook (NASDAQ: FB) shares declined 5.74% to $76.13. Facebook reported better-than-expected third-quarter earnings. The company also reported that its monthly active users rose to 1.35 billion from 1.19 billion in the year-ago period. Facebook's COO Sheryl Sandberg said the Q4 will be a more difficult comparison. The company also said it projected Q4 sales growth in the range of 40% to 47%.

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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