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.
Palo Alto Networks Inc (NYSE:PANW) shares are trading higher by $4.21 (3.8 percent) at $120.67 in Monday's session.
The issue, as well as other cybersecurity stocks, has seen a big boost amid the "WannaCry" ransomware virus that started in Europe.
After a higher open, Palo Alto's stock had brief retreat to $119.20 before continuing its moves higher. The ensuing rally has taken the stock to $122.08, which surpasses its March 1 high of $120.99.
That level is of significance since it represents the high on the day the issue was decimated after its disappointing Q2 report. On that day, the stock fell from its February 28 close ($151.90) to $115.21 the following day.
At this time, it has backed off the intraday high and has been consolidating in the mid-$120.00 handle.
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.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!