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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- StemCells Inc (NASDAQ: STEM) shares tumbled 18 percent to $1.36. StemCells shares have declined 67.83 percent over the past 52 weeks, while the S&P 500 index has gained 5.16 percent in the same period.
- China Finance Online Co. (ADR) (NASDAQ: JRJC) dropped 16 percent to $4.36. China Finance Online reported Q2 earnings of $0.50 per share on revenue of $11 million.
- Olympic Steel, Inc. (NASDAQ: ZEUS) dropped 14.8 percent to $21.84. KeyBanc downgraded Olympic Steel from Sector Weight to Underweight.
- Pure Storage Inc (NYSE: PSTG) shares fell 14.8 percent to $11.43. OTR Global downgraded Pure Storage from Positive to Negative.
- AK Steel Holding Corporation (NYSE: AKS) declined 7.5 percent to $4.78. KeyBanc downgraded AK Steel from Sector Weight to Underweight.
- United States Steel Corporation (NYSE: X) slipped 5.3 percent to $20.67. KeyBanc downgraded United States Steel from Sector Weight to Underweight.
- Sanchez Energy Corp (NYSE: SN) shares fell 4.8 percent to $8.73. KLR Group downgraded Sanchez Energy from Buy to Accumulate.
- Stein Mart, Inc. (NASDAQ: SMRT) dropped 4.6 percent to $8.58 as the company reported weak results for the second quarter.
- Emerson Electric Co. (NYSE: EMR) shares declined 3.5 percent to $52.76 as the company announced a deal to buy Pentair plc (NYSE: PNR)'s valves & controls unit for $3.15 billion. Credit Suisse downgraded Emerson Electric from Outperform to Neutral.
- Estee Lauder Companies Inc (NYSE: EL) slipped 3 percent to $92.42. Estee Lauder posted better-than-expected Q4 earnings, but issued a weak earnings forecast for the year.
- Canadian Solar Inc. (NASDAQ: CSIQ) shares declined 3 percent to $13.93 after surging 17.53 percent on Thursday. Cowen & Company downgraded Canadian Solar from Outperform to Market Perform.
- Gordmans Stores, Inc. (NASDAQ: GMAN) shares declined 3 percent to $1.34 after the company posted downbeat Q2 results and issued a weak forecast for the current quarter.
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.