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.
Fossil Group Inc (NASDAQ: FOSL) shares are trading lower by $16 at $35.01 in Friday's session. Despite a Q3 beat for EPS of $0.11, sales came in light by $22 million. The company also lowered Q4 estimates.
The pelting from the pre-market session has followed though into the regular session. After a sharply lower open, it briefly rallied to $37.99 before another wave of sellers flooded the issue.
The ensuing decline reached $34.21 and has rebounded into the $35 handle. That tales the issue back to levels not seen since July 2010, when it bottomed at $33.86.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
Do you like this article? Do you have suggestions for improvement? Please email feedback@benzinga.com
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.
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!