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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- Community Health Systems (NYSE: CYH) shares tumbled 42.3 percent to $5.79. Community Health Systems projects Q3 net operating revenue of $4.380 billion and loss from continuing operations before income taxes of around $(83) million. Baird downgraded Community Health from Neutral to Underperform.
- Rewalk Robotics Ltd (NASDAQ: RWLK) shares dropped 27 percent to $3.25. ReWalk Robotics announced an offering of ordinary shares and warrants and reported preliminary Q3 sales of 1.4 million.
- AMEC Foster Wheeler plc (NYSE: AMFW) shares declined 20.5 percent to $5.64. Societe Generale downgraded AMEC Foster Wheeler from Buy to Hold.
- Carpenter Technology Corporation (NYSE: CRS) shares fell 19.4 percent to $30.99. Carpenter Technology reported a Q1 loss of $0.08 per share on revenue of $389 million.
- Groupon Inc (NASDAQ: GRPN) shares dipped 19.1 percent to $4.26. Groupon reported better-than-expected results for its third quarter and announced plans to acquire LivingSocial Inc. for an undisclosed sum.
- GNC Holdings Inc (NYSE: GNC) dropped 19.1 percent to $16.30 after the company posted downbeat quarterly results.
- Stoneridge, Inc. (NYSE: SRI) shares fell 18.7 percent to $14.83. Stoneridge reported Q3 earnings of $0.36 per share on revenue of $173.8 million.
- Essendant Inc (NASDAQ: ESND) shares declined 18 percent to $15.33. Essendant reported Q3 earnings of $0.57 per share on revenue of $1.4 billion. The company also lowered its FY16 earnings guidance.
- Lendingtree Inc (NASDAQ: TREE) shares dropped 17.7 percent to $75.11 after the company posted weak Q3 results.
- CARBO Ceramics Inc. (NYSE: CRR) fell 16.2 percent to $8.19. Carbo Ceramics reported a Q3 loss of $20 million on revenue of $20.2 million for its third quarter.
- Cliffs Natural Resources Inc (NYSE: CLF) shares declined 16.1 percent to $5.20. Cliffs Natural reported a Q3 loss of $0.12 per share on revenue of $553.3 million.
- Kraton Corp (NYSE: KRA) shares fell 14.3 percent to $26.97 after the company posted weak Q3 earnings.
- AXT Inc (NASDAQ: AXTI) dropped 14 percent to $4.93. AXT posted Q3 earnings of $0.07 per share on revenue of $21.9 million.
- InterDigital, Inc. (NASDAQ: IDCC) declined 13.6 percent to $69.60 on downbeat quarterly results.
- Infinera Corp. (NASDAQ: INFN) shares fell 9 percent to $8.40. Infinera reported Q3 adjusted earnings of $0.05 per share on revenue of $185.5 million.
- AK Steel Holding Corporation (NYSE: AKS) shares dropped 8 percent to $5.06. AK Steel priced its 65 million share offering $4.90 per share.
- Nokia Corp (ADR) (NYSE: NOK) shares dropped 8 percent to $4.74 following Q3 results. Nokia's total quarterly operating profit dropped 18 percent to 556 million euros.
- O'Reilly Automotive Inc (NASDAQ: ORLY) declined 6.3 percent to $259.71. O'Reil posted downbeat Q3 earnings.
- Rent-A-Center Inc (NASDAQ: RCII) shares slipped 6.2 percent to $8.94. Rent-A-Center reported Q3 earnings of $0.11 per share on revenue of $693.9 million.
- MEDNAX Inc (NYSE: MD) shares fell 4.3 percent to $62.22 after the company posted weaker-than-expected Q3 earnings.
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.