Latest News for Ichigo Stock (OTC:ICHIF)

Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.

ICHIGO GROUP HOLDINGS CO by Ichigo Group Holdings Co Ltd.

Ichigo Inc

Morgan Stanley analyst Megan Alexander maintains SharkNinja (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SN#NYSE">SN</a>) with a Equal-Weight and raises the price target from $65 to $67.

News

Price Target

Analyst Ratings

Morgan Stanley Maintains Equal-Weight on SharkNinja, Raises Price Target to $67

WIIM

COLL

Collegium Pharmaceutical shares are trading lower after the company reported mixed Q1 earnings. Multiple analysts downgraded the stock on Friday.

Morgan Stanley analyst Matthew Cost maintains Roblox (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) with a Equal-Weight and lowers the price target from $42 to $35.

RBLX

Morgan Stanley Maintains Equal-Weight on Roblox, Lowers Price Target to $35

Climate activists are targeting the Gigafactory in Berlin Friday owned by electric vehicle manufacturer Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). The factory was shut down in a <a href="https://www.benzinga.com/top-stories/24/05/38680302/tesla-will-temporarily-stop-production-at-german-gigafactory-heres-why">precautionary measure ahead of the event.</a>
Here's the latest.
What Happened: A <a href="https://www.benzinga.com/news/24/03/38001324/german-chancellor-olaf-scholz-calls-arson-attack-on-teslas-giga-berlin-a-terrorist-act-wants-ev-gian">planned expansion by Tesla</a> in Germany is facing pushback from residents over concerns of eliminating portions of nearby forests.
On Friday, climate activists protested at the Tesla factory, with some trying to break into the property, according to local police. 
"The situation is dynamic," a police spokesperson told <a href="https://www.cnbc.com/2024/05/10/climate-protesters-try-to-break-into-tesla-germany-factory-police.html">CNBC</a>.
The police said there were multiple roadblocks in the area near the factory. &nbsp;
"Multiple unauthorized people are trying to enter the ground of the Tesla factory," a tweet from Brandenburg police reads. "We are in the process of preventing this."
Protestors began setting up camp near the factory on Monday, according to the CNBC report.
An airfield in nearby Neuhardenberg was also targeted with protestors, which included the lighting of pyrotechnics and blocking access roads.
Multiple arrests have been made, according to the report.
Related Link:&nbsp;<a href="https://www.benzinga.com/news/earnings/24/04/38390883/tesla-q1-earnings-highlights-ev-giant-misses-wall-street-estimates-makes-cost-cuts-invests-in-ai-sp" target="_blank" rel="noreferrer noopener">Tesla Q1 Earnings Highlights: EV Giant Misses Wall Street Estimates, Makes Cost Cuts, Invests In AI, Speeds Launch Of New Models</a>
Why It's Important: As images of the climate protestors racing toward the Tesla factory circulated online, Tesla CEO Elon Musk took to social media to express his concerns.
"Why are they not jailed for breaking and entering," Musk <a href="https://twitter.com/SERobinsonJr/status/1788915663223865494">tweeted</a>.
A social media <a href="https://twitter.com/thejefflutz/status/1788920857290555616">post </a>by X user Jeff Lutz Friday morning said Tesla should send a message by saying the company's growth in the region will be correlated to the speed of the response to the protestors by authorities. The user shared a post showing the activists had broken through the police lines.
Musk called this "fake news&#8221; in a reply to Lutz. 
"Protestors did not manage to break through the fenceline. There are still 2 intact fence lines all around. Note this is ‘National Protest Week' in Germany, so there are a lot of protests for many different reasons,&#8221; Musk said in a tweet. 
Musk <a href="https://www.benzinga.com/news/24/03/37641764/tesla-ceo-elon-musk-slams-environmental-activists-protesting-giga-berlin-expansion-theyre-dumber-tha">previously criticized the activists</a>, saying they are "dumber than a doorstop" or "puppets of sinister forces." Musk also said the arsonists who previously attacked the factory are "the dumbest eco-terrorists on Earth."
Tesla plans to expand the facility and push for a vote from officials, despite locals voting against the factory expansion. Local officials will have the final say.
Tesla's factory was closed Friday ahead of the planned protest and was also not operational on Thursday, which was a German national holiday.
The shutdown plan called for work to resume at the factory on Monday. The plant was previously temporarily shut down due to an arson attack.
TSLA Price Action: Tesla shares are down 2% to $168.07 on Friday versus a 52-week trading range of $138.80 to $299.29.
Read Next: <a href="https://www.benzinga.com/news/24/05/38749591/tesla-cybertrucks-stopped-at-border-on-suspicion-of-being-smuggled-into-russia-report">Tesla Cybertrucks Stopped At Border On Suspicion Of Being Smuggled Into Russia: Report</a>
Gigafactory Berlin photo courtesy of Tesla.

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TSLA

Tesla German Gigafactory Faces Climate Protestors Friday: 'Why Are They Not Jailed,' Musk Asks

Wells Fargo analyst Elyse Greenspan maintains Allstate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>) with a Underweight and raises the price target from $146 to $153.

Wells Fargo Maintains Underweight on Allstate, Raises Price Target to $153

Benchmark analyst Mike Hickey maintains Roblox (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) with a Buy and lowers the price target from $50 to $40.

Benchmark Maintains Buy on Roblox, Lowers Price Target to $40

Morgan Stanley analyst Michael Cyprys maintains Robinhood Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) with a Equal-Weight and raises the price target from $18 to $19.

HOOD

Morgan Stanley Maintains Equal-Weight on Robinhood Markets, Raises Price Target to $19

Benchmark analyst Mike Hickey reiterates Unity Software (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>) with a Sell and maintains $16 price target.

Reiteration

Benchmark Reiterates Sell on Unity Software, Maintains $16 Price Target

Scripps shares are trading lower, reversing after gaining after hours Thursday on strong guidance.

Wells Fargo analyst Elyse Greenspan maintains Voya Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOYA#NYSE">VOYA</a>) with a Overweight and raises the price target from $91 to $92.

VOYA

Wells Fargo Maintains Overweight on Voya Financial, Raises Price Target to $92

Trade Desk's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NYSE">TTD</a>) short percent of float has fallen 13.36% since its last report. The company recently reported that it has 8.85 million shares sold short, which is 2.01% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.68 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Trade Desk Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715355921_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Trade Desk has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Trade Desk's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Trade Desk's peer group average for short interest as a percentage of float is 5.42%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

(TTD) - Analyzing Trade Desk's Short Interest

Suzan Nickelson marks a historic milestone in New Jersey as the first black woman <a href="https://www.benzinga.com/markets/cannabis/23/02/30733759/first-black-woman-owned-cannabis-dispensary-opens-in-new-jersey">to own and operate a cannabis dispensary</a>. 
Holistic Solutions, established under her leadership in Waterford, NJ, is the culmination of her successful bid in the state&#8217;s 2019 medicinal dispensary licensing process. Her achievement not only challenges the norms within the state's cannabis business community but also sets a precedent for diversity and leadership.
<h3 class="wp-block-heading">Holistic Solutions: A Beacon of Customer-Centric Innovation</h3>
Holistic Solutions operates out of a 4,000-square-foot facility equipped with advanced retail capabilities. The dispensary includes 11 transaction stations and a dedicated consultation room, ensuring personalized service. A drive-thru feature represents a commitment to accessibility and convenience, setting a high standard for patient care in the state.
<h3 class="wp-block-heading">Rooted in Tradition and Ethical Practice</h3>
Nickelson's business philosophy is influenced by a familial heritage that treasures cannabis for its therapeutic qualities. She states, &#8220;The women who raised me taught the importance of cannabis as a healing plant.&#8221; This ethos is woven through her business practices, focusing on patient welfare and education.
<h3 class="wp-block-heading">Advancing Education and Supporting Community</h3>
Education and community support are pillars of Holistic Solutions. The dispensary emphasizes a diverse product lineup, including items from women and BIPOC-owned brands, promoting an inclusive market space. These efforts are augmented by a partnership with Eastbound Collective to nurture community-oriented business growth.
<h3 class="wp-block-heading">Contributions to Industry Dialogues</h3>
Nickelson is set to contribute her substantial knowledge at the <a href="https://cannabismarketspotlight.com/">Benzinga Cannabis Market Spotlight</a> in New Brunswick, NJ. Drawing from her direct experiences, her discourse will explore operational challenges, societal impacts, and the crucial role of inclusivity in the cannabis industry.
Scheduled for June 17, 2024, at the New Brunswick Performing Arts Center, the <a href="https://cannabismarketspotlight.com/">Benzinga Cannabis Market Spotlight</a> aims to cultivate robust networking opportunities and stimulate discussions on New Jersey&#8217;s cannabis industry. Nickelson&#8217;s involvement is anticipated to enrich the dialogues, providing real-world perspectives to stakeholders aiming to decipher the complexities of the cannabis market.
<hr class="wp-block-separator has-alpha-channel-opacity" />
Cannabis rescheduling seems to be right around the corner. Want to understand what this means for the future of the industry? Hear directly for top executives, investors, and policymakers at the 19th Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9. <a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" target="_blank" rel="noreferrer noopener">Get your tickets now</a> before prices surge by following <a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" target="_blank" rel="noreferrer noopener">this link</a>.
Now Read: <a href="https://www.benzinga.com/markets/cannabis/24/05/38762959/cannabists-strategic-expansion-into-the-garden-state-on-heels-of-revelry-herb-partnership">Cannabist&#8217;s Strategic Expansion Into The Garden State On Heels Of Revelry Herb Partnership</a>
Image: Shutterstock

Cannabis

Events

The Woman Spearheading Change In New Jersey's Cannabis Industry

Morgan Stanley analyst Arthur Sitbon maintains Plug Power (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) with a Underweight and lowers the price target from $3 to $2.5.

PLUG

Morgan Stanley Maintains Underweight on Plug Power, Lowers Price Target to $2.5

Rockwell Automation's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) short percent of float has risen 7.86% since its last report. The company recently reported that it has 3.05 million shares sold short, which is 3.02% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.35 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Rockwell Automation Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715355915_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Rockwell Automation has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Rockwell Automation's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Rockwell Automation's peer group average for short interest as a percentage of float is 12.00%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into Rockwell Automation's Recent Short Interest

Biotech

FDA Says Megadyne Initiates Global Discontinuation And Voluntary Recall Of Mega Soft Pediatric Patient Return Electrode

Tapestry's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) short percent of float has fallen 6.61% since its last report. The company recently reported that it has 6.16 million shares sold short, which is 3.11% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.49 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Tapestry Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715355910_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Tapestry has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Tapestry's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Tapestry's peer group average for short interest as a percentage of float is 8.80%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(TPR) - Analyzing Tapestry's Short Interest

Benchmark analyst Mark Miller maintains Onto Innovation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONTO#NYSE">ONTO</a>) with a Buy and raises the price target from $180 to $230.

ONTO

Benchmark Maintains Buy on Onto Innovation, Raises Price Target to $230

ISDR

Issuer Direct shares are trading lower after the company reported worse-than-expected Q1 financial results.

<a href="https://www.cnbc.com/2024/05/10/fat-brands-chair-andy-wiederhorn-indicted-in-47-million-loan-scheme.html#:~:text=Fat%20Brands%20and%20its%20chair,Exchange%20Commission%20was%20investigating%20him.">https://www.cnbc.com/2024/05/10/fat-brands-chair-andy-wiederhorn-indicted-in-47-million-loan-scheme.html#:~:text=Fat%20Brands%20and%20its%20chair,Exchange%20Commission%20was%20investigating%20him.</a>
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<ul>
<li>Fat Brands and its chair Andy Wiederhorn were indicted for a "sham" loan scheme that netted him $47 million.</li>
<li>Wiederhorn, 58, stepped down as CEO last year following the company's disclosure that the Securities and Exchange Commission was investigating him.</li>
<li>Fat Brands' portfolio includes Fatburger, Johnny Rockets and Twin Peaks.</li>
</ul>
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&nbsp;
Federal authorities on Friday charged <a href="https://www.cnbc.com/quotes/FAT/">Fat Brands</a> and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loans from the <a href="https://www.cnbc.com/restaurants/">restaurant</a> company that owns Fatburger, Johnny Rockets and Twin Peaks.
Fat Brands, Wiederhorn and a few other people were <a href="https://www.justice.gov/usao-cdca/pr/former-ceo-and-controlling-shareholder-fat-brands-inc-former-cfo-and-tax-advisor">criminally indicted</a> by a federal grand jury in Los Angeles for wire fraud, tax evasion and other counts related to the alleged scheme.
&nbsp;
In a separate civil complaint, the Securities and Exchange Commission accused the company and Wiederhorn of violations related to the same conduct.
Wiederhorn, who was convicted two decades ago in a criminal case that involved similar conduct, was separately criminally charged in an indictment in Los Angeles of being a federal felon in possession of a handgun and ammunition.
As chief executive of Fat Brands, Wiederhorn, 58, allegedly directed the company to loan its own funds to him, with no intention of ever paying the "sham" loans back, according to the indictment.
The SEC alleges that Wiederhorn then used the cash to pay for private jets, first-class airfare, luxury vacations, mortgage and rent payments, and nearly $700,000 in "shopping and jewelry."
Wiederhorn stepped down as CEO last year, following the company's <a href="https://www.cnbc.com/2022/02/22/fatburger-parents-stock-craters-after-company-discloses-investigation-into-ceo.html">disclosure</a> that the SEC was investigating him. In February, Fat Brands disclosed it had received a Wells Notice from the agency, meaning the SEC was planning to take action against it.
&nbsp;
Wiederhorn's alleged fraud accounted for roughly 44% of Fat Brands' revenue from 2017 to 2021, which meant the company often wasn't able to pay its bills. In those situations, Wiederhorn would allegedly redirect funds from credit cards paid for by Fat back to the company with assistance from his son Thayer, who was then the company's chief marketing and is now its chief operating officer.
Fat Brands never disclosed the cash transfers as related party transactions to investors. In 2020, the cash transfers were written off after the company's merger with Fog Cutter Capital Group, Fat Brands' largest shareholder, which also happened to be majority owned by Wiederhorn, according to the SEC complaint.
Ron Roe, the company's vice president of finance and former chief financial officer, and Rebecca Hershinger, another former CFO, were also named as defendants in the SEC complaint. Hershinger and tax advisor William Amon were also named in the indictment.
Additionally, as far back as 2006, Wiederhorn has owed taxes for his personal income to the IRS. He also didn't report any of the so-called loans from Fat Brands as income, according to the indictment. As of March 2021, Wiederhorn owed $7.74 million to the IRS for his unpaid personal taxes.
Twenty years ago, he pleaded guilty to filing a false tax return and paying an illegal gratuity to an associate while leading Fog Cutter Capital. He paid a $2 million fine and spent more than a year in federal prison in Oregon. During his time in prison, Fog Cutter's board opted to pay him a bonus equal to the fine and continued paying his salary, a decision that attracted widespread criticism.

Legal

Management

"Fat Brands, Chair Andy Wiederhorn Indicted In $47M 'Sham' Loan Scheme" - CNBC

Morgan Stanley analyst Michael Ulz maintains Mirum Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIRM#NASDAQ">MIRM</a>) with a Overweight and lowers the price target from $57 to $53.