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The world&#39;s largest asset manager BlackRock, Inc. (NYSE: BLK) launched an exchange-traded fund (ETF) that gives exposure to the blockchain and cryptocurrency markets. 

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Whales with a lot of money to spend have taken a noticeably bullish stance on Deere.
Looking at options history for Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 11% with bearish.
From the overall spotted trades, 6 are puts, for a total amount of $326,750 and 3, calls, for a total amount of $138,841.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $390.0 to $420.0 for Deere during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Deere's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Deere's substantial trades, within a strike price spectrum from $390.0 to $420.0 over the preceding 30 days.
<h3>Deere Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715699754_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$48.25</td>
<td>$45.9</td>
<td>$47.2</td>
<td>$420.00</td>
<td>$70.8K</td>
<td style="text-align: right;">27</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$21.25</td>
<td>$18.9</td>
<td>$19.87</td>
<td>$410.00</td>
<td>$65.5K</td>
<td style="text-align: right;">322</td>
<td style="text-align: right;">66</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$21.45</td>
<td>$18.65</td>
<td>$18.6</td>
<td>$410.00</td>
<td>$61.3K</td>
<td style="text-align: right;">322</td>
<td style="text-align: right;">33</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$1.76</td>
<td>$1.43</td>
<td>$1.59</td>
<td>$390.00</td>
<td>$52.0K</td>
<td style="text-align: right;">715</td>
<td style="text-align: right;">562</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$21.1</td>
<td>$19.0</td>
<td>$19.0</td>
<td>$410.00</td>
<td>$49.4K</td>
<td style="text-align: right;">322</td>
<td style="text-align: right;">66</td>
</tr>
</tbody>
</table>

<h3>About Deere</h3>
Deere is the world's leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
Having examined the options trading patterns of Deere, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Deere's Current Market Status</h3>
<ul>
<li>Trading volume stands at 659,635, with DE's price up by 0.5%, positioned at $410.05.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 2 days.</li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Deere options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Unpacking the Latest Options Trading Trends in Deere

Financial giants have made a conspicuous bullish move on Chipotle Mexican Grill. Our analysis of options history for Chipotle Mexican Grill (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) revealed 12 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $58,880, and 10 were calls, valued at $1,152,883.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1700.0 to $3320.0 for Chipotle Mexican Grill over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Chipotle Mexican Grill stands at 32.55, with a total volume reaching 83.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Chipotle Mexican Grill, situated within the strike price corridor from $1700.0 to $3320.0, throughout the last 30 days.
<h3>Chipotle Mexican Grill 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715699749_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CMG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$670.0</td>
<td>$660.0</td>
<td>$670.0</td>
<td>$2850.00</td>
<td>$201.0K</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">3</td>
</tr>
<tr>
<td>CMG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$1612.0</td>
<td>$1592.0</td>
<td>$1605.45</td>
<td>$1700.00</td>
<td>$160.5K</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>CMG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$1526.0</td>
<td>$1510.0</td>
<td>$1526.0</td>
<td>$1860.00</td>
<td>$152.6K</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CMG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$1522.0</td>
<td>$1502.0</td>
<td>$1509.12</td>
<td>$1800.00</td>
<td>$150.9K</td>
<td style="text-align: right;">10</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>CMG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/14/24</td>
<td>$32.8</td>
<td>$24.3</td>
<td>$29.1</td>
<td>$3320.00</td>
<td>$145.5K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">50</td>
</tr>
</tbody>
</table>

<h3>About Chipotle Mexican Grill</h3>
Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $9.9 billion in 2023. The Mexican concept is predominately company-owned, although it recently inked a development agreement with Alshaya Group in the Middle East. It had a footprint of nearly 3,440 stores at the end of 2023, heavily indexed to the United States, although it maintains a small presence in Canada, the UK, France, and Germany. Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.
Following our analysis of the options activities associated with Chipotle Mexican Grill, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Chipotle Mexican Grill</h3>
<ul>
<li>Currently trading with a volume of 30,328, the CMG's price is down by 0.0%, now at $3195.4. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 71 days.</li>
</ul>
<h3>Expert Opinions on Chipotle Mexican Grill</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $3188.0.
<ul>
<li>An analyst from Stephens &amp; Co. persists with their Equal-Weight rating on Chipotle Mexican Grill, maintaining a target price of $3050. </li>
<li>Maintaining their stance, an analyst from Baird continues to hold a Outperform rating for Chipotle Mexican Grill, targeting a price of $3500. </li>
<li>An analyst from Raymond James downgraded its action to Outperform with a price target of $3340. </li>
<li>Reflecting concerns, an analyst from Oppenheimer lowers its rating to Outperform with a new price target of $3300.</li>
<li>Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for Chipotle Mexican Grill, targeting a price of $2750. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Chipotle Mexican Grill options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Spotlight on Chipotle Mexican Grill: Analyzing the Surge in Options Activity

Whales with a lot of money to spend have taken a noticeably bearish stance on Arbor Realty Trust.
Looking at options history for Arbor Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABR#NYSE">ABR</a>) we detected 20 trades.
If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 60% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $181,495 and 15, calls, for a total amount of $656,436.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $11.0 and $18.0 for Arbor Realty Trust, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Arbor Realty Trust stands at 2437.36, with a total volume reaching 12,954.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Arbor Realty Trust, situated within the strike price corridor from $11.0 to $18.0, throughout the last 30 days.
<h3>Arbor Realty Trust 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715699744_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ABR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$0.9</td>
<td>$0.7</td>
<td>$0.75</td>
<td>$16.00</td>
<td>$149.9K</td>
<td>11.2K</td>
<td>1.8K</td>
</tr>
<tr>
<td>ABR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>07/19/24</td>
<td>$1.25</td>
<td>$1.15</td>
<td>$1.2</td>
<td>$14.00</td>
<td>$60.0K</td>
<td>6.8K</td>
<td>500</td>
</tr>
<tr>
<td>ABR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$0.5</td>
<td>$0.15</td>
<td>$0.5</td>
<td>$18.00</td>
<td>$47.6K</td>
<td>118</td>
<td>2</td>
</tr>
<tr>
<td>ABR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$4.4</td>
<td>$4.2</td>
<td>$4.3</td>
<td>$11.00</td>
<td>$43.0K</td>
<td>481</td>
<td>101</td>
</tr>
<tr>
<td>ABR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/31/24</td>
<td>$0.85</td>
<td>$0.8</td>
<td>$0.85</td>
<td>$15.00</td>
<td>$42.2K</td>
<td>8</td>
<td>650</td>
</tr>
</tbody>
</table>

<h3>About Arbor Realty Trust</h3>
Arbor Realty Trust Inc is a specialized real estate finance company. It invests in a diversified portfolio of structured finance assets in the multifamily and commercial real estate markets, consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred, and direct equity. In addition, it may also directly acquire real property and invest in real estate-related notes and certain mortgage-related securities. The company has two business segments, Structured Business and Agency Business. It generates a majority of its revenue from the Structured Business Segment. The company is externally managed and advised by Arbor Commercial Mortgage, LLC.
Having examined the options trading patterns of Arbor Realty Trust, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of Arbor Realty Trust</h3>
<ul>
<li>With a volume of 9,659,968, the price of ABR is up 7.54% at $14.69. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 73 days.</li>
</ul>
<h3>Expert Opinions on Arbor Realty Trust</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $13.0.
<ul>
<li>An analyst from Wedbush downgraded its action to Neutral with a price target of $13. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Arbor Realty Trust with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Behind the Scenes of Arbor Realty Trust's Latest Options Trends

HC Wainwright &amp; Co. analyst Joseph Pantginis reiterates Aprea Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APRE#NASDAQ">APRE</a>) with a Buy and maintains $20 price target.

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HC Wainwright & Co. Reiterates Buy on Aprea Therapeutics, Maintains $20 Price Target

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LivePerson shares are trading higher amid strength in high-short interest stocks after retail trader 'Roaring Kitty' returned to social media. The company entered into a binding agreement to exchange its existing principal amount of Senior Convertible Notes due 2026 for new Senior Secured Convertible Notes due 2029.

Amid the fervor of short squeeze speculation, DJT, the stock of Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>), has emerged as a compelling opportunity for investors seeking <a href="https://www.benzinga.com/quote/DJT/news">high potential returns</a>.
According to Fintel, a leading financial analytics platform, DJT currently ranks number one on their Short Squeeze <a href="https://fintel.io/shortSqueeze">Leaderboard</a>. The Short Squeeze Screener and Leaderboard tracks companies with the highest likelihood of experiencing a short squeeze. DJT&#8217;s Short Squeeze Score of 99.41 is the highest on the leaderboard, indicating significant potential for a short squeeze.
<figure class="wp-block-embed is-type-rich is-provider-reddit wp-block-embed-reddit"> 
<div class="wp-block-embed__wrapper">
<blockquote class="reddit-embed-bq" style="height:316px" ><a href="https://www.reddit.com/r/roaringkitty/comments/1cri03s/djt_is_fintels_number_one_short_squeeze/">DJT is Fintels number one short squeeze</a> by<a href="https://www.reddit.com/user/Alarming_Review3221/">u/Alarming_Review3221</a> in<a href="https://www.reddit.com/r/roaringkitty/">roaringkitty</a></blockquote>
<script async src="https://embed.reddit.com/widgets.js" charset="UTF-8"></script></div>
</figure>
However, it&#8217;s essential to note that shorting DJT at this juncture is not without risks. The stock has already experienced a short squeeze this year, soaring by over 317% from its lowest point.
<a href="https://www.benzinga.com/markets/equities/24/04/38523356/why-trump-media-technology-shares-are-gaining-today">At the end of April</a>, the company abated investor fears regarding a short squeeze by allowing shareholders to recall shares, amid CEO Devin Nunes&#8216; accusations of stock manipulation, ultimately leading to a surge in DJT shares despite volatile trading since its debut on the NASDAQ.
Nonetheless, the stock is up 126.14% since April 16 lows. Over the past month, it is up 88.23%.
<h2 class="wp-block-heading">What&#8217;s Driving The Rally?</h2>
Live TV Platform
While there is speculation about a potential short squeeze, the recent increase in DJT&#8217;s stock price mainly stems from the company&#8217;s announcement of its plans to launch a streaming platform.
We covered it here: <a href="https://www.benzinga.com/general/social-media/24/04/38296353/trump-media-stock-roller-coaster-ride-continues-after-live-tv-platform-announcement">Trump Media Stock Roller Coaster Ride Continues After Live TV Platform Announcement</a>
This platform will focus on news networks, religious channels, and documentaries, tapping into niche markets that have shown strong demand for specialized content.
Election Optimism
The upcoming election cycle adds another layer of intrigue to DJT&#8217;s stock. With the anticipation of former president Donald Trump potentially running for president again, many retail traders are betting on the stock, expecting a surge in advertising revenue for TruthSocial, the social media platform owned by Trump Media &amp; Technology Group.
Foreign governments and lobbyists have previously spent millions advertising at Trump&#8217;s Washington Hotel, indicating a potential revenue stream for TruthSocial if similar patterns emerge.
<h2 class="wp-block-heading">Is DJT Stock Ripe For Another Squeeze?</h2>
With a short float of 84.61 and a days-to-cover ratio of 1.39 (according to Fintel), the conditions are ripe for another squeeze if positive news continues to drive up the stock price.
However, despite the optimism surrounding DJT&#8217;s stock, some analysts warn of its overvaluation. Trump Media &amp; Technology Group is considered overvalued by many, with a market cap slightly smaller than Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), a social media giant with over 71 million users globally.
In comparison, TruthSocial, DJT&#8217;s flagship platform, generated only $4.1 million in revenue in 2023 and operated at a loss, making its valuation appear inflated compared to more established social media platforms like Reddit and X (formerly known as Twitter).
Also Read: <a href="https://www.benzinga.com/news/24/04/38323136/trump-media-vs-reddit-analyzing-the-showdown-of-social-media-giants">Trump Media Vs. Reddit — Analyzing The Showdown Of Social Media Giants</a>
As DJT&#8217;s stock continues to attract attention from traders and investors, it remains to be seen whether the company can capitalize on its ambitious plans and deliver sustainable growth. 
The specter of a short squeeze looms large, adding an element of unpredictability to DJT&#8217;s stock price movements in the coming months.
DJT Price Action: Shares of DJT were up 3.7% at $53.57 at last check Tuesday.
Read Next: <a href="https://www.benzinga.com/news/24/05/38801786/gamestop-trader-roaring-kitty-sparks-wall-street-rally-in-heavily-shorted-stocks-what-you-need-to-kn">GameStop Trader &#8216;Roaring Kitty&#8217; Sparks Wall Street Rally In Heavily Shorted Stocks: What You Need To Know Right Now</a>
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Short Sellers

Social Media

Short Ideas

General

RDDT

Trump Media's DJT Stock Tops Short Squeeze Leaderboard: Is Another Price Surge Coming?

UBS analyst Lloyd Walmsley maintains Opendoor Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NASDAQ">OPEN</a>) with a Neutral and lowers the price target from $3 to $2.75.

OPEN

UBS Maintains Neutral on Opendoor Technologies, Lowers Price Target to $2.75

GXO Logistics, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GXO#NYSE">GXO</a>)&nbsp;on Tuesday&nbsp;revealed the deployment of a large-scale robotics solution in France for a&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/g38810932/gxo-deploys-first-of-its-kind-large-scale-robotics-solution-in-france" rel="noreferrer noopener">significant global sporting goods retailer.</a>
The solution&nbsp;is aimed&nbsp;at expediting order processing, enhancing adaptability for seasonal volume fluctuations, and achieving cost efficiencies, GXO Logistics said in a press release.
&#8220;This tote-to-person solution, integrated with high-density storage, enables high-volume picking, storage&nbsp;and&nbsp;operating efficiency in our warehouse,&#8221; said Rui Marques, Managing Director,&nbsp;France, GXO. &#8220;We&#8217;re always looking to leverage technologies that solve our customers&#8217; increasingly complex global supply chain problems.&#8221;
In 2023, GXO increased its total tech and automated systems by about 50%&nbsp;year over year.&nbsp;
GXO&nbsp;is enhancing&nbsp;the retailer&#8217;s European logistics,&nbsp;deploying automation across 12,000 square meters.&nbsp;
This pioneering solution involves 500 AMRs managing 70,000 bins, improving productivity, accuracy, and safety, with&nbsp;flexibility&nbsp;to adapt to seasonal demands.
GXO said it is also accelerating the deployment of machine learning and artificial intelligence&nbsp;to further boost productivity gains from automation.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>,&nbsp;GXO stock has lost over 7% in the past year.&nbsp;Investors can gain exposure to the stock via&nbsp;Tidal ETF Trust Aztlan North America Nearshoring Stock Selection ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRSH#NYSE">NRSH</a>) and&nbsp;Invesco S&amp;P Spin-Off ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CSD#NYSE">CSD</a>).
Price Action:&nbsp;GXO shares are trading higher by 0.21% to $52.95 at last check Tuesday.

Equities

Contracts

NRSH

GXO Logistics Deploys Robotics Solution For Sporting Goods Retailer In France

PTCT

PTC Therapeutics shares are trading higher after the FDA accepted and granted priority review to the company's BLA for Upstaza.

HC Wainwright &amp; Co. analyst Amit Dayal reiterates Plug Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) with a Buy and maintains $18 price target.

PLUG

HC Wainwright & Co. Reiterates Buy on Plug Power, Maintains $18 Price Target

UBS analyst Brennan Hawken maintains Houlihan Lokey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLI#NYSE">HLI</a>) with a Buy and lowers the price target from $157 to $145.

UBS Maintains Buy on Houlihan Lokey, Lowers Price Target to $145

AGYS

Agilysys shares are trading higher after the company reported better-than-expected Q4 financial results.

JAMF

Jamf Holding shares are trading lower after the company announced the pricing of a secondary offering by selling stockholders.

BTOC

Armlogi Shares Resume Trade

Jack In The Box Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JACK#NASDAQ">JACK</a>) shares are trading higher after the company&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/b38815905/jack-in-the-box-inc-reports-second-quarter-2024-earnings" rel="noreferrer noopener">reported&nbsp;better-than–expected&nbsp;second-quarter FY24 adjusted EPS.</a>
The company reported a second-quarter FY24 sales decline of 7.7% year-on-year to $365.35 million, missing the analyst consensus estimate of $368.64 million.
Jack In The Box same-store sales decreased 2.5% in the second quarter,&nbsp;consisting of&nbsp;a decline in company-operated same-store sales of 0.6% and a decrease in franchise same-store sales of 2.6%. Systemwide sales for the quarter dropped 1.6%.
Del Taco systemwide sales for the fiscal second quarter decreased 1.3%, and the same-store sales decreased 1.4%.
Selling, general and administrative expenses dropped 4.8% Y/Y to $37.5 million. Jack In The Box restaurant level margin was 23.6%, up 220 basis points from prior year.
The company&#8217;s operating margin was 14.8%, and operating income for the quarter fell 12.1% to $54.2 million.
Adjusted EBITDA was $75.7 million compared with $80.6 million in the prior year quarter. Adjusted EPS of $1.46 <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">beat the consensus estimate of $1.42.</a>
On May 10, 2024, the Board of Directors declared a cash dividend of $0.44 per share, to be paid on June 25 to shareholders of record as of the close of business on June 6. The fast-food chain held $49 million in cash and equivalents as of April 14.
&#8220;I am proud of the execution by our Jack and Del Taco teams, delivering better-than-expected earnings and margin performance while navigating through increasing macro headwinds, pressure on low-income consumers and the implementation of California&#8217;s minimum wage legislation,&#8221; said CEO Darin Harris.
&#8220;Top-line performance&nbsp;was impacted&nbsp;by the shift in consumer behavior and an unexpected delay in our Smashed Jack launch, but sales have improved since its introduction in mid-March. We have a clear plan to regain&nbsp;same store&nbsp;sales traction through a strong marketing calendar, new LTO&#8217;s, and an expanded value menu throughout&nbsp;the remainder of&nbsp;2024.&#8221;
Outlook: Jack In The Box slashed the upper end of its FY24 EPS outlook, revising the range from $6.25 &#8211; $6.50 to $6.25 &#8211; $6.40.
The company now sees FY24 adjusted EBITDA of $325 million &#8211; $330 million <a href="https://www.benzinga.com/calendars/guidance">(previously $325 million &#8211; $335 million).</a>
Price Action: JACK shares are trading higher by 9.25% at $57.98 at the last check Tuesday.
Photo via Wikimedia Commons

Earnings

Guidance

Dividends

JACK

Fast-Food Feast: Jack In The Box's CEO Dishes Out Strategy Amid Q2 Ups And Downs

Needham analyst Joseph Stringer reiterates Cara Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARA#NASDAQ">CARA</a>) with a Buy and maintains $5 price target.

CARA

Needham Reiterates Buy on Cara Therapeutics, Maintains $5 Price Target

MicroCloud Hologram Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) shares are trading higher Tuesday as retail investors pile into heavily-shorted stocks. Here's a <a href="https://www.benzinga.com/news/24/05/38814828/why-alcon-shares-are-trading-higher-by-over-10-here-are-20-stocks-moving-premarket">look at what's going on.&nbsp;</a>
The Details:
Shares of GameStop, AMC Entertainment and other <a href="https://www.benzinga.com/news/24/05/38795608/gamestop-leads-roaring-rally-whats-going-on-with-meme-stocks">meme stock names</a> are racing higher on renewed interest from retail investors after Keith Gill, a.k.a Roaring Kitty, <a href="https://twitter.com/TheRoaringKitty/status/1789807772542067105">posted a meme</a> to his X account Sunday night followed by a series of cryptic posts on Monday.
The meme stock rally has extended to other heavily-shorted stocks, including MicroCloud Hologram. According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, 19.76% of available shares are being short sold.&nbsp;
MicroCloud Hologram shares are racing higher on heavy trading volume with more than 65.7 million shares already traded in Tuesday's session. According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, the stock has a&nbsp;100-day average volume of 8.208 million shares and a float of 3.93 million shares.&nbsp;
Related News: <a href="https://www.benzinga.com/news/24/05/38797005/whats-going-on-with-rivians-stock">What&#8217;s Going On With Rivian&#8217;s Stock?</a>
<h2 class="wp-block-heading">How To Buy HOLO Stock: </h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in MicroCloud Hologram's case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
HOLO Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, MicroCloud Hologram shares are up 65.56% at $3.31 at the time of publication Tuesday.
Image: Vilius Kukanauskas from Pixabay

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

What's Going On With MicroCloud Hologram Stock?

UBS analyst Brian Meredith maintains Fidelis Insurance Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIHL#NYSE">FIHL</a>) with a Buy and lowers the price target from $22.5 to $22.

FIHL

UBS Maintains Buy on Fidelis Insurance Hldgs, Lowers Price Target to $22

HC Wainwright &amp; Co. analyst Emily Bodnar reiterates MiNK Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INKT#NASDAQ">INKT</a>) with a Buy and maintains $9 price target.

INKT

HC Wainwright & Co. Reiterates Buy on MiNK Therapeutics, Maintains $9 Price Target

Over the past 24 hours, Litecoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>) price has fallen 3.08% to $78.86. This continues its negative trend over the past week where it has experienced a 3.0% loss, moving from $82.02 to its current price. 
The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1715699026_0.png" alt="price_chart" />
The trading volume for the coin has increased 2.0% over the past week while the overall circulating supply of the coin has increased 0.0% to over 74.53 million which makes up an estimated 88.73% of its max supply, which is 84.00 million. The current market cap ranking for LTC is #21 at $5.88 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1715699026_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$LTC

Cryptocurrency Litecoin Falls More Than 3% In 24 hours

The 1-Minute Market Report June 24, 2023

The 1-Minute Market Report July 1, 2023

The 1-Minute Market Report July 8, 2023

The 1-Minute Market Report July 15, 2023

The 1-Minute Market Report August 5, 2023

In this video, I examine the recent performance of some ETFs across various asset classes.

ETF Update: Bitcoin Vs. Everything Else + ETF Fee Wars

Top cryptocurrencies, like Bitcoin (BTC-USD) and Ethereum (ETH-USD), are surging in 2023, driving crypto ETFs to massive year-to-date gains. In fac...

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Latest News for iShares Trust iShares Blockchain and Tech ETF (ARCA:IBLC)

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