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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- Inteliquent Inc (NASDAQ: IQNT) surged 35.5 percent to $22.68. The volume of Inteliquent shares traded was 1445 percent higher than normal. Inteliquent agreed to be acquired by GTCR for $23.00 per share in cash.
- Metaldyne Performance Group Inc (NYSE: MPG) shares moved up 40.2 percent to $20.05. The volume of Metaldyne Performance Group traded was 1421 percent higher than normal. American Axle & Manufact. Holdings, Inc. (NYSE: AXL) announced acquisition of Metaldyne Performance Group for $1.6 billion in cash and $1.7 billion assumed debt. MPG reported Q3 earnings of $0.33 per share on revenue of $676 million.
- Microsemi Corporation (NASDAQ: MSCC) shares gained 11 percent to $46.42. The volume of Microsemi shares traded was 707 percent higher than normal. Bloomberg reported that Microsemi is exploring a sale after receiving takeover interest from Skyworks Solutions.
- Coherent, Inc. (NASDAQ: COHR) shares rose 16 percent to $117.69. The volume of Coherent shares traded was 344 percent higher than normal. Coherent reported better-than-expected Q4 results.
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.