February 8, 2016 1:51 PM | 1 min read |
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.
(NYSE: YELP) was halted mid-Monday afternoon, right before the company's Q1 earnings report was released a few hours early. The company told CNBC its earnings were released early due to "a vendor error by PR Newswire."Yelp reported Q4 EPS of $0.11, which beat estimates that called for a loss of $0.03 per shares. Revenues came in at $153.7 million vs. an estimated $152.35 million.Yelp sees Q1 sales of $154-$157 million vs. $154.4 million estimates. It also sees FY16 Sales $685-$700 million vs. $687 million estimates. The company sees Q1 adj. EBITDA $10-$12 million; FY16 adj. EBITDA of $90-$105 million.In addition, CFO Rob Krolik will leave the company and will assist in the search and transition of his replacement.Shares were halted at 1:14 p.m. ET and resumed trading at 1:19 p.m. ET. After initially falling more than 11 percent, the issue quickly made up lost ground and traded in the green. It was then briefly halted for a second time. The stock hit a Monday-high of $18.81, before again selling off.Shares traded recently at $16.83, down 7 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.
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