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.
At 10:30 am, the Dow rose 0.18 percent to 18,118.28, the broader Standard & Poor's 500 index moved up 0.37 percent to 2,135.70 and the NASDAQ composite index climbed 0.65 percent to 5,159.37.
The industries that are driving the market today are:
- Drug Related Products: This industry gained 4.5 percent by 10:30 am. The top stock within the industry was Perrigo Company plc (NYSE: PRGO), which gained 5.8 percent. Perrigo Company acknowledged the receipt of a letter from Starboard Value LP, which disclosed 4.6 percent stake in the company. The company indicated it would review and would look ahead for a productive discussion with the activist investor.
- Photographic Equipment & Supplies: This industry rose 3.6 percent by 10:30 am ET. The top performer in this industry was GoPro Inc (NASDAQ: GPRO), which gained 4.7 percent. GoPro’s PEG ratio is 0.66.
- Long Distance Carriers: The industry gained 2.9 percent by 10:30 am. The top performer in this industry was General Communication, Inc. (NASDAQ: GNCMA), which gained 4 percent. General Communication shares have dropped 23.25 percent over the past 52 weeks, while the S&P 500 index has gained 8.95 percent in the same period.
- Regional Airlines: This industry moved up 0.6 percent by 10:30 am. The top performer in this industry was Energous Corp (NASDAQ: WATT), which rose 7.3 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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