Morning Trade: Top And Bottom Five Percentage Gainers (MSSR, OREX, TFCO, VVUS, CSCD, AMIE, DGW, AFFM, RVSN, IBCPO)


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.


The market opened slightly to the upside this morning with the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite all posting slight gains. The market is looking to build on last week's positive momentum, which saw positive economic numbers in many areas including the Jobs Report and ISM Index. Here are the five best/worst performers thus far:Best1) McCormick & Schmick's Seafood Restaurants (NASDAQ: MSSR): Currently trading up 29% to $9.20 after Landry's Restaurants CEO Tilman Fertitta revealed plans to launch a hostile takeover of the high end seafood restaurant.2) Orexigen Therapeutics (NASDAQ: OREX): Positive data emanating from phase III trials of its weight loss drug, Contrave, are pushing the stock up 15.97% to $3.35.3) VIVUS (NYSE: VVUS): Shares of the biopharmaceutical company are posting gains of 13.79% to $7.15 as research showed that one of its experimental diet pills, Qnexa, assists in lowering blood pressure and cholesterol. The find may prompt approval for the drug from U.S. regulators.4) Tufco Technologies (NASDAQ: TFCO): No news has surfaced, but shares of the manufacturing services company are up 13.5% to $4.5) Cascade Microtech (NASDAQ: CSCD): The weekend announcement citing a collaborative partnership for studying 3D integrated circuit test structures has seemingly helped boost the company's stock 9.3% to $6.70 in this morning's trading action.Worst1) Ambassadors International (NASDAQ: AMIE): The travel and cruise services company is undergoing a massive 68% hit, down to $1.92 this morning. The parent of Windstar Cruises filed for bankruptcy protection on Friday.2) Duoyuan Global Water (NYSE: DGW): Shares are tumbling 16.5% to $4.59 this morning. Muddy Waters Research reported a "Strong Sell" on the company.3) Affirmative Insurance Holdings (NASDAQ: AFFM): Currently trading down 15.02% to $2.15, the distributor and producer of automobile insurance policies posted disappointing earnings last Thursday, which seems to be weighing on the stock.4) RADVision (NASDAQ: RVSN): Shares are sinking 15% to $10.17 as the video conferencing equipment company cut its guidance for the first quarter.5) Independent Bank Corporation (NASDAQ: IBCPO): Shares are plummeting 13.15% to $12.81 in today's trade. No news has surfaced.

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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Posted In: Short SellersTechnicalsMovers & ShakersMoversBiotechnologyCommercial PrintingConsumer DiscretionaryContraveFinancialsHealth CareHotels, Resorts & Cruise LinesIndustrialsInformation TechnologyInternet Software & ServicesPharmaceuticalsProperty & Casualty InsuranceQnexaRestaurantsSemiconductor EquipmentTilman Fertitta