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 Rayonier Advanced Materials Inc (NYSE: RYAM) surged 5.88 percent on Friday, but were down almost 2.5 percent in after hours as the company prepares to realign its asset base with an investment of $25 million, which is expected to cut costs by roughly $14 million per year.
Immunomedics, Inc. (NASDAQ: IMMU) tumbled 2.84 percent during the day, following a few downgrades from firms including Jefferies and Zacks. The demotions came after the company issued disappointing results for Epratuzumab trials.
However, after the bell, shares rose almost 3 percent to $2.11.
On Thursday, Mobileiron Inc (NASDAQ: MOBL) reported a net loss of ($0.25) per share on revenue of $34.76 million, toping the Street’s expectations for a net loss of ($0.26) per share on sales of $33.76 million. In spite of the beat, the stock fell 5.95 percent during the day.
On Friday, however, shares recuperated, surging 13.04 percent before the bell. After the bell, lost more than 4 percent, before recovering the lost ground, returning to flat territory.
Shares of Steel Dynamics, Inc. (NASDAQ: STLD) were also recuperating after hours. After falling 1.86 percent Friday, possibly on an insider sale, shares were up 1.16 percent after hours.
BlackBerry Ltd (NASDAQ: BBRY) was up almost 1 percent, possibly on the news that T-Mobile US Inc (NYSE: TMUS) trimmed the price of the BlackBerry Classic by $70.00, to $369.99..
On the other hand, shares of T-Mobile were down almost 1 percent, after gaining 4.63 percent during the day.
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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