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.
Gainers
ChemoCentryx Inc (NASDAQ: CCXI) rose 126.76 percent to $4.76 in pre-market trading following announcement of license agreement for CCX168. ChemoCentryx posted a Q1 loss of $0.34 per share.
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Stamps.com Inc. (NASDAQ: STMP) shares rose 17.64 percent to $103.92 in pre-market trading after the company reported stronger-than-expected quarterly results.
Sodastream International Ltd (NASDAQ: SODA) shares rose 12.36 percent to $16.55 in the pre-market trading session as the company reported better-than-expected Q1 results.
Health Insurance Innovations Inc (NASDAQ: HIIQ) rose 11.11 percent to $7.00 in pre-market trading. Health Insurance Innovations posted Q1 earnings of $0.17 per share on revenue of $42.5 million.
21Vianet Group Inc (NASDAQ: VNET) shares rose 8.60 percent to $15.40 in pre-market trading after dropping 24.01 percent on Monday. 21Vianet Group is expected to release its Q1 financial results on May 26, 2016.
Momo Inc (ADR) (NASDAQ: MOMO) shares rose 4.97 percent to $12.88 in pre-market trading after tumbling 15.84 percent on Monday.
Buy at this blue line for a shot at trading profitably
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Losers
NewLink Genetics Corp (NASDAQ: NLNK) shares fell 34.73 percent to $10.77 in pre-market trading following announcement of failed pancreatic cancer trial.
SolarCity Corp (NASDAQ: SCTY) shares fell 19.19 percent to $18.19 in pre-market trading as the company reported a wider-than-expected loss for its first quarter and issued a weak outlook for its current quarter.
Gap Inc (NYSE: GPS) shares fell 10.59 percent to $19.50 in pre-market trading. Gap reported a 7 percent drop in its same-store sales for April. The company’s total sales declined to $1.12 billion, from $1.21 billion in the year-ago month. Gap also issued a weak forecast for the first quarter.
Infoblox Inc (NYSE: BLOX) fell 10.05 percent to $13.96 in pre-market trading as the company lowered its revenue forecast for the full year.
Solaredge Technologies Inc (NASDAQ: SEDG) shares fell 7.57 percent to $20.88 in pre-market trading. SolarEdge Tech reported Q3 earnings of $0.47 per share on revenue of $125.2 million. The company expected Q4 revenue of $125 million to $134 million. Goldman Sachs downgraded SolarEdge Technologies from Buy to Neutral and lowered the price target from $42.00 to $25.00.
Rackspace Hosting, Inc. (NYSE: RAX) shares fell 3.59 percent to $21.73 in pre-market trading. Rackspace reported better-than-expected earnings for the first quarter, but the company missed analysts’ sales estimates.
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.