On <a href="https://www.cnbc.com/video/2021/09/24/options-bulls-bite-into-cheesecake-factory.html">CNBC&#39;s &quot;Fast Money Halftime Report,&quot;</a> Jon Najarian spoke about unusually high options activity in Cheesecake Factory Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cake#NASDAQ">CAKE</a>). He noticed a large order for the October $55 calls and he decided to follow the trade.
Call options in Marathon Oil Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mro#NYSE">MRO</a>) were also active on Friday. Traders were buying the November $15 calls. Najarian has already had a long position in the name and he decided to buy more calls on Friday.
&nbsp;

Options

Markets

Media

CAKE

Jon Najarian Sees Unusual Options Activity In Cheesecake Factory, Marathon Oil Corporation

Earlier this week, JPMorgan Chase &amp; Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jpm#NYSE">JPM</a>) announced its foray into neobanking with a digital bank launch in the U.K.
What Happened: With the new digital banking platform, customers can open current accounts that receive 1% cash back on purchases with issued debit cards.
&ldquo;We&rsquo;re offering people in the U.K. the opportunity to experience Chase for the first time with a current account that&rsquo;s based on simplicity, a fuss-free rewards program and exceptional customer service,&rdquo; <a href="https://www.financemagnates.com/fintech/news/jpmorgan-launches-digital-bank-in-the-uk/">said</a> Sanoke Viswanathan, JPMorgan CEO of International Consumer.
No fees will be charged for the issuance and usage of the debit card across international borders.
Why It Matters: The development comes after JPMorgan Chase chairman and CEO Jamie Dimon nodded to fintech&rsquo;s threat to the dominance of traditional banking institutions.
Specifically, Dimon said fintechs made great strides in building digital and physical banking solutions; &ldquo;From loans to payment systems to investing, they have done a great job in developing easy-to-use, intuitive, fast and smart products.&quot;
With this new offering, JPMorgan is targeting fintech&rsquo;s ability to rapidly merge social media, use data smartly, and integrate with other platforms.
Photo by Tavi Ionescu from Pexels.
&nbsp;

Fintech news covering the emerging Financial Technology services sector

Fintech

News

Global

JPMorgan Chase Takes Aim At Fintech's Growing Dominance With Neobank Launch

On <a href="https://www.cnbc.com/video/2021/09/24/final-trades-moderna-palo-alto-networks-umpqua-holdings-more.html">CNBC&#39;s &quot;Fast Money Halftime Report,&quot;</a> Jason Snipe said he likes Palo Alto Networks Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/panw#NYSE">PANW</a>) and the cybersecurity theme.
Jenny Harrington wants to buy Umpqua Holdings Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/umpq#NASDAQ">UMPQ</a>). Interest rates creeping higher is good for its business, she said.
Jon Najarian bought calls in International Flavors &amp; Fragrances Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/iff#NYSE">IFF</a>). He likes the options activity in the name.
Stephen Weiss would buy the weakness in Moderna Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrna#NASDAQ">MRNA</a>).
&nbsp;

MRNA

PANW

UMPQ

'Fast Money Halftime Report' Picks For September 24

Weidai Ltd. (the &quot;Company&quot; or &quot;Weidai&quot;) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEI#NYSE">WEI</a>), a leading auto-backed financing solution provider in&nbsp;China, today announced that it has received a letter from the New York Stock Exchange (the &quot;NYSE&quot;) dated&nbsp;August 31, 2021, notifying Weidai that it is below compliance standards due to the trading price of its American Depositary Shares (the &quot;ADSs&quot;).
Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance standards if the average closing price of a security as reported on the consolidated tape is less than&nbsp;US$1.00&nbsp;over a consecutive 30 trading-day period. Once notified, the company must bring its share price and average share price back above&nbsp;US$1.00&nbsp;by six months following receipt of the notification. The company can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the cure period the company has a closing share price of at least&nbsp;US$1.00&nbsp;and an average closing share price of at least&nbsp;US$1.00&nbsp;over the 30 trading-day period ending on the last trading day of that month. In the event that at the expiration of the six-month cure period, both a&nbsp;US$1.00&nbsp;closing share price on the last trading day of the cure period and a&nbsp;US$1.00&nbsp;average closing share price over the 30 trading-day period ending on the last trading day of the cure period are not attained, the NYSE will commence suspension and delisting procedures.
To address this issue, the Company intends to monitor the market conditions of its listed securities and is still considering its options.

Weidei Announces Receipt Of NYSE Non-Compliance Letter Regarding ADS Trading Price On Aug. 31, 2021

Being a convicted felon will no longer prevent people from getting a license to sell cannabis in&nbsp;Washington, which was&nbsp;the nation&#39;s first state to legalize adult-use cannabis along with Colorado.
As it stands, most U.S. states&nbsp;require&nbsp;a criminal background check for applicants seeking&nbsp;a license to sell or grow cannabis;&nbsp;anyone with a felony or a few misdemeanor convictions is&nbsp;deemed ineligible.&nbsp;That changes next month in Washington, reported KOMO News.
&ldquo;I think it&#39;s great what the state is doing in terms of allowing people who have issues in the past, to be able to qualify,&rdquo; said Tran Du,&nbsp;co-owner&nbsp;of Shawn Kemp&rsquo;s Cannabis in Seattle.
Under the new system, felonies will still be scrutinized but a jail or prison sentence will no longer be an automatic disqualifier.
&ldquo;We wanted to bring parity in the disproportionality that we saw from the leftover of the war on drugs and that Black people were being arrested and brown people were being arrested disproportionately,&rdquo; said Democratic&nbsp;State Rep. Melanie Morgan,&nbsp;chair of Washington&nbsp;state&#39;s Social Equity on Cannabis Task Force.
A study conducted by the <a href="http://marijuana-arrests.com/">Marijuana Arrest Research Project</a> found that although African Americans and Latinos use marijuana at lower rates than whites, African Americans were arrested for weed possession&nbsp;at 2.9 times the rate of whites. Latinos were arrested at 1.6 times the rate of whites.
By relaxing the criminal background restrictions, Morgan said the goal is to keep people of color from being locked out of the legal cannabis&nbsp;industry.
&ldquo;The bottom line is bringing parity to the industry and making sure that Black and brown people have equal access to this industry in ownership,&rdquo; Morgan said.
The new rule has already been adopted by the Washington&nbsp;State Liquor and Cannabis Board and takes effect Oct. 2.
<h3>Black-Owned Cannabis&nbsp;Businesses Still Few And Far Between</h3>
While&nbsp;state and city leaders and cannabis advocates nationwide have embraced social equity&nbsp;programs with the goal of righting the wrongs of the War on Drugs&nbsp;and helping people of color get into the industry, their efforts haven&#39;t yet made the desired impact.
The Pew Charitable Trusts&nbsp;looked at the situation around the country and noted that&nbsp;low-income&nbsp;Blacks and Hispanics, as well as the formerly incarcerated, seem to face a fundamental problem: money, or lack thereof.
&quot;Cannabis businesses are uniquely expensive and difficult to operate. They must navigate a thicket of state and federal regulations, from installing special ventilation systems to following certain security protocols. Compliance can require hiring experts. And because selling <a href="https://www.benzinga.com/money/marijuana-stocks/">marijuana</a> is illegal under federal law, it&rsquo;s nearly impossible to get a business loan,&quot; wrote the think tank.
Not An Easy Lift
Pew&#39;s comprehensive <a href="https://www.pewtrusts.org/en/research-and-analysis/blogs/stateline/2021/01/15/black-owned-pot-businesses-remain-rare-despite-diversity-efforts">report</a> quoted&nbsp;Laura Herrera, a cannabis consultant who advises social equity entrepreneurs in Oakland, who said the application process in the city is akin to getting permission to build a housing development. And that&rsquo;s just the beginning, she said.
&ldquo;Nobody&rsquo;s really prepared, except for big firms, for the bureaucracy and then the compliance requirements, and all the operational requirements,&rdquo; Herrera said. &ldquo;It&rsquo;s a huge lift.&rdquo;
Kudos to the state of Washington for making the effort.
Image by&nbsp;<a href="https://pixabay.com/users/stargladevintage-17411787/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=5596267">StarGladeVintage</a>&nbsp;from&nbsp;<a href="https://pixabay.com/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=5596267">Pixabay</a>.&nbsp;

Cannabis

Government

Regulations

Washington State Eases Cannabis Licensing Restrictions For Convicted Felons

<h3>Gainers</h3>
&nbsp;
<ul>
<li>Aqua Metals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AQMS#NASDAQ">AQMS</a>) stock rose 1.46% to $2.08 during Friday&#39;s after-market session. The market value of their outstanding shares is at $144.4 million.</li>

<li>Avis Budget Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) stock moved upwards by 1.23% to $112.99. This security traded at a volume of 72.3K shares come close, making up 4.14% of its average volume over the last 100 days. The company&#39;s market cap stands at $7.5 billion.</li>

<li>Ideanomics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDEX#NASDAQ">IDEX</a>) shares rose 0.97% to $2.07. This security traded at a volume of 113.7K shares come close, making up 0.98% of its average volume over the last 100 days. The market value of their outstanding shares is at $991.5 million.</li>
	&nbsp;
</ul>
&nbsp;
&nbsp;
<h3>Losers</h3>
&nbsp;
&nbsp;
<ul>
<li>Helbiz (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLBZ#NASDAQ">HLBZ</a>) shares decreased by 4.78% to $18.55 during Friday&#39;s after-market session. The company&#39;s market cap stands at $546.4 million.</li>

<li>Air T (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRT#NASDAQ">AIRT</a>) shares declined by 3.04% to $31.99. The company&#39;s market cap stands at $92.1 million.</li>

<li>Seanergy Maritime Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHIP#NASDAQ">SHIP</a>) stock fell 2.81% to $1.38. The market value of their outstanding shares is at $232.5 million.</li>

<li>ShiftPixy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIXY#NASDAQ">PIXY</a>) stock fell 1.77% to $1.11. The market value of their outstanding shares is at $31.8 million.</li>

<li>CECO Environmental (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CECE#NASDAQ">CECE</a>) shares fell 1.44% to $6.85. The market value of their outstanding shares is at $245.0 million.</li>

<li>Globus Maritime (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLBS#NASDAQ">GLBS</a>) stock fell 1.28% to $3.1. The market value of their outstanding shares is at $63.7 million. 
	See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
	&nbsp;
</ul>
&nbsp;
&nbsp;

Movers

AIRT

AQMS

CECE

GLBS

HLBZ

IDEX

PIXY

SHIP

9 Industrials Stocks Moving In Friday's After-Market Session

<h3>Gainers</h3>
&nbsp;
<ul>
<li>Aspen Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASPU#NASDAQ">ASPU</a>) shares increased by 4.32% to $5.31 during Friday&#39;s after-market session. The market value of their outstanding shares is at $132.3 million.</li>

<li>Nova Lifestyle (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVFY#NASDAQ">NVFY</a>) stock rose 4.07% to $2.3. The company&#39;s market cap stands at $15.3 million.</li>

<li>Molecular Data (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MKD#NASDAQ">MKD</a>) shares moved upwards by 1.68% to $0.29. The market value of their outstanding shares is at $53.9 million.</li>

<li>Jiuzi Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JZXN#NASDAQ">JZXN</a>) shares rose 1.61% to $2.52. The company&#39;s market cap stands at $53.9 million.</li>

<li>Rave Restaurant Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAVE#NASDAQ">RAVE</a>) shares moved upwards by 1.6% to $1.27. The company&#39;s market cap stands at $22.8 million. As per the news, the Q4 earnings report came out 3 days ago.</li>

<li>Rush Street Interactive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSI#NYSE">RSI</a>) shares moved upwards by 1.57% to $19.95. Trading volume for this security closed at 72.6K, accounting for 4.0% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $4.3 billion.</li>
	&nbsp;
</ul>
&nbsp;
&nbsp;
<h3>Losers</h3>
&nbsp;
&nbsp;
<ul>
<li>Marriott Vacations (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VAC#NYSE">VAC</a>) shares fell 3.89% to $155.73 during Friday&#39;s after-market session. Today&#39;s trading volume for this security ended up closing at 56.9K shares, which is 13.17 percent of its average volume over the last 100 days. The company&#39;s market cap stands at $6.6 billion.</li>

<li>ToughBuilt Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBLT#NASDAQ">TBLT</a>) shares fell 1.95% to $0.5. The company&#39;s market cap stands at $65.1 million.</li>

<li>Aterian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATER#NASDAQ">ATER</a>) shares decreased by 1.7% to $12.74. Aterian&#39;s trading volume hit 302.1K shares by close, accounting for 1.53% of its average volume over the last 100 days. The market value of their outstanding shares is at $491.4 million.</li>

<li>Vinco Ventures (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBIG#NASDAQ">BBIG</a>) stock decreased by 1.43% to $6.23. Today&#39;s trading volume for this security ended up closing at 575.5K shares, which is 1.28 percent of its average volume over the last 100 days. The market value of their outstanding shares is at $606.0 million.</li>

<li>BIT Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTCM#NYSE">BTCM</a>) stock declined by 1.41% to $9.1. The market value of their outstanding shares is at $660.7 million.</li>

<li>Foresight Autonomous (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSX#NASDAQ">FRSX</a>) stock fell 1.3% to $3.06. The company&#39;s market cap stands at $197.4 million. 
	See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
	&nbsp;
</ul>
&nbsp;
&nbsp;

ASPU

ATER

BBIG

BTCM

FRSX

JZXN

NVFY

RAVE

TBLT

12 Consumer Discretionary Stocks Moving In Friday's After-Market Session

<h3>Gainers</h3>
&nbsp;
<ul>
<li>eFFECTOR Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFTR#NASDAQ">EFTR</a>) stock rose 4.43% to $17.91 during Friday&#39;s after-market session. The market value of their outstanding shares is at $728.3 million.</li>

<li>Burning Rock Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNR#NASDAQ">BNR</a>) stock rose 4.42% to $19.57. The market value of their outstanding shares is at $2.0 billion.</li>

<li>Conformis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFMS#NASDAQ">CFMS</a>) stock rose 3.81% to $1.36. The market value of their outstanding shares is at $252.9 million.</li>

<li>Esperion Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ESPR#NASDAQ">ESPR</a>) stock moved upwards by 3.1% to $11.94. This security traded at a volume of 63.5K shares come close, making up 8.84% of its average volume over the last 100 days. The market value of their outstanding shares is at $337.6 million.</li>

<li>NRX Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NRXP#NASDAQ">NRXP</a>) shares moved upwards by 2.97% to $9.7. The company&#39;s market cap stands at $521.6 million.</li>

<li>OpGen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPGN#NASDAQ">OPGN</a>) stock increased by 2.62% to $3.13. The company&#39;s market cap stands at $119.7 million.</li>
	&nbsp;
</ul>
&nbsp;
&nbsp;
<h3>Losers</h3>
&nbsp;
&nbsp;
<ul>
<li>Immuron (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IMRN#NASDAQ">IMRN</a>) stock decreased by 7.7% to $4.2 during Friday&#39;s after-market session. The market value of their outstanding shares is at $23.8 million.</li>

<li>OPKO Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPK#NASDAQ">OPK</a>) shares fell 5.6% to $3.54. At the close, OPKO Health&#39;s trading volume reached 164.6K shares. This is 4.2% of its average volume over the last 100 days. The market value of their outstanding shares is at $2.4 billion.</li>

<li>Protagenic Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTIX#NASDAQ">PTIX</a>) stock fell 3.39% to $2.0. The company&#39;s market cap stands at $33.5 million.</li>

<li>Unicycive Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UNCY#NASDAQ">UNCY</a>) stock declined by 3.14% to $2.78. The market value of their outstanding shares is at $40.3 million.</li>

<li>Sio Gene Therapies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIOX#NASDAQ">SIOX</a>) shares fell 2.95% to $2.31. The market value of their outstanding shares is at $168.4 million.</li>

<li>electroCore (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ECOR#NASDAQ">ECOR</a>) shares decreased by 2.59% to $1.13. The market value of their outstanding shares is at $78.5 million. 
	See Also: <a href="http://www.benzinga.com/money/best-healthcare-stocks/" title="www.benzinga.com/money/best-healthcare-stocks/">www.benzinga.com/money/best-healthcare-stocks/</a></li>
	&nbsp;
</ul>
&nbsp;
&nbsp;

CFMS

ECOR

EFTR

ESPR

IMRN

NRXP

OPGN

PTIX

SIOX

UNCY

12 Health Care Stocks Moving In Friday's After-Market Session

<h3>Gainers</h3>
&nbsp;
<ul>
<li>Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) shares increased by 7.71% to $17.04 during Friday&#39;s after-market session. Aehr Test Systems&#39;s trading volume hit 642.2K shares by close, accounting for 9.96% of its average volume over the last 100 days. The market value of their outstanding shares is at $411.8 million. The company&#39;s, Q1 earnings came out yesterday.</li>

<li>Arqit Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARQQ#NASDAQ">ARQQ</a>) shares moved upwards by 4.78% to $25.4. The company&#39;s market cap stands at $2.7 billion.</li>

<li>CooTek (Cayman) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTK#NYSE">CTK</a>) shares increased by 3.34% to $1.39. The market value of their outstanding shares is at $91.0 million.</li>

<li>Rekor Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REKR#NASDAQ">REKR</a>) stock moved upwards by 2.53% to $10.94. The company&#39;s market cap stands at $479.6 million.</li>

<li>Nxt-ID (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXTD#NASDAQ">NXTD</a>) stock rose 2.14% to $0.37. The company&#39;s market cap stands at $32.4 million.</li>

<li>BIO-key Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKYI#NASDAQ">BKYI</a>) stock rose 1.99% to $3.58. The market value of their outstanding shares is at $28.0 million.</li>
	&nbsp;
</ul>
&nbsp;
&nbsp;
<h3>Losers</h3>
&nbsp;
&nbsp;
<ul>
<li>Communications Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JCS#NASDAQ">JCS</a>) stock fell 1.34% to $9.6 during Friday&#39;s after-market session. The market value of their outstanding shares is at $93.2 million.</li>

<li>SPI Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPI#NASDAQ">SPI</a>) stock fell 1.12% to $5.3. The market value of their outstanding shares is at $126.4 million.</li>

<li>Focus Universal (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCUV#NASDAQ">FCUV</a>) shares decreased by 0.98% to $11.2. The market value of their outstanding shares is at $484.5 million.</li>

<li>DatChat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DATS#NASDAQ">DATS</a>) stock decreased by 0.91% to $10.89. The company&#39;s market cap stands at $177.2 million.</li>

<li>Plantronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POLY#NYSE">POLY</a>) stock decreased by 0.9% to $27.71. The company&#39;s market cap stands at $1.1 billion.</li>

<li>Amkor Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMKR#NASDAQ">AMKR</a>) shares fell 0.89% to $26.8. Trading volume for this security closed at 75.2K, accounting for 6.12% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $6.5 billion. 
	See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
	&nbsp;
</ul>
&nbsp;
&nbsp;

AEHR

AMKR

ARQQ

BKYI

DATS

FCUV

NXTD

POLY

REKR

12 Information Technology Stocks Moving In Friday's After-Market Session

BHTG

BioHiTech Global Says Entered Into Purchase Agreement, Registration Rights Agreement; Says Pursuant To Purchase Agreement, Has Right To Sell Keystone Capital Partners Up To Lesser Of $20M Newly Issued Shares Of Co.

OGEN

UPDATE: Oragenics Says Will Focus On Continuing Independent Research, Development Efforts Relative To Lantibiotics In Order To Identify New Compounds To Pursue

Dogecoin (CRYPTO: DOGE) retraced to the $0.196 area again on Friday. The level has become a significant support this week that&nbsp;the crypto has back tested several times.
Tesla Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) CEO Elon Musk said on Twitter it is &quot;super important&quot;&nbsp;for the Shiba-Inu themed crypto to <a href="https://www.benzinga.com/markets/cryptocurrency/21/09/23064326/elon-musk-says-reducing-dogecoin-fee-super-important-to-make-adoption-at-places-like-amc-t">lower its fees</a> if it&rsquo;s going to be used to make purchases for relatively inexpensive items such as movie tickets. The official Dogecoin Twitter account <a href="https://twitter.com/dogecoin/status/1441215002946330635?s=20">responded</a> to say it has already lowered its fees on the 1.14.4 nodes.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/21/09/23084773/why-is-shiba-inu-outperforming-dogecoin-today">Why Is Shiba Inu Outperforming Dogecoin Today?</a>
The Dogecoin Chart: <a href="https://www.benzinga.com/money/how-to-buy-dogecoin-doge/">Dogecoin</a> has created a quadruple bottom pattern on the daily chart just below the 20-cent level. The pattern is considered bullish by technical traders. If it&#39;s recognized,&nbsp;Dogecoin may reverse course and trade higher.
The crypto has also been trading down in a descending channel pattern, making lower lows and lower highs between two parallel trendlines. The pattern is considered to be bearish as long as Dogecoin continues to reject the upper trendline, but these patterns often break bullish. 
If the crypto breaks up from the pattern, traders will want to watch for high volume to come in for confirmation a reversal is in the cards.
Dogecoin is trading below the eight-day and 21-day exponential moving averages, with the eight-day EMA trending below the 21-day, both of which are bearish indicators. The crypto is also trading below the 200-day simple moving average, which indicates overall sentiment is bearish.
<ul>
<li>Bulls want to see big bullish volume come in and break Dogecoin up from the quadruple bottom and descending channel patterns. Dogecoin has resistance above at 23 cents and the 27-cent mark.</li>
<li>Bears want to see big bearish volume drop Dogecoin down below the $0.196 level. If Dogecoin loses the level as support, it could fall all the way down to 16 cents.<img alt="doge_sept._24.png" src="https://www.benzinga.com/files/u278075/doge_sept._24.png" style="height:768px; width:1366px" /></li>
</ul>

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Dogecoin 'Crashes' To Level Not Seen Since Wednesday: Where's It Headed Next?

Oragenics Says On Sept. 22, Co, Eleszto Genetika, Mutually Terminated Lantibiotic ECC Agreement Dated Mar. 1, 2021, Says Will Cease Pre-Clinical Development Of It's Product Candidate OG716, Other Compounds Covered By Lantibiotic ECC

One of the hottest IPOs of the week was Toast Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tost#NYSE">TOST</a>), a company that provides cloud-based point-of-sale (POS) technology for restaurants.
But be on the lookout for a&nbsp;leader in the restaurant POS space that&nbsp;could be buried inside a larger company and undervalued based on IPO valuation from Toast.
What Happened: Toast priced its shares at $40, which was ahead of the planned <a href="https://www.sec.gov/Archives/edgar/data/0001650164/000119312521258447/d166297ds1.htm">offering </a>range from the company. Toast had a valuation of $20 billion based on the $40 price.
Shares of Toast have run up this week and hit over $65 with strong demand from traders and investors. Toast&nbsp;shares traded at $59.49 at the time of writing, valuing the company at more than $30 billion.
Toast had revenue of $823 million in fiscal 2020, up 24% year-over-year. The company reported revenue of $704 million for the first six months of 2021, up 105% year-over-year.
Toast has been a fast grower in the restaurant market using the cloud-based approach.
Related Link:<a href="https://www.benzinga.com/news/21/09/23066032/toast-shares-surging-56-on-debut-makes-all-3-co-founders-billionaires"> Toast Shares Surging 56% On Debut Makes All 3 Co-Founders Billionaires&nbsp;</a>
The Legacy Restaurant Partner: For years, Aloha POS has been a leader in the restaurant segment and partnered with many of the largest restaurant companies in the world for point-of-sale solutions.
Aloha operates as a unit of NCR Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ncr#NYSE">NCR</a>), a company valued with a market capitalization of $5.1 billion.
Hospitality revenue for NCR was $684 million for NCR in <a href="https://investor.ncr.com/news-releases/news-release-details/ncr-announces-fourth-quarter-and-full-year-2020-results">2020</a>, down 19% year-over-year. The company reported revenue of $394 million for the first <a href="https://investor.ncr.com/news-releases/news-release-details/ncr-announces-second-quarter-2021-results">six months</a> of 2021, up 34% year-over-year.
The hospitality segment is the smallest of the company&rsquo;s three main business lines with the banking segment and retail segments having revenue of $3.1 billion and $2.1 billion, respectively, in fiscal 2020.
While some smaller and newer businesses may be attracted to Toast as the new player in the market, it seems less likely that large corporations would be willing to move away from Aloha, a proven and trusted leader in the market.
NCR is also seeing competition coming into the space from players other than Toast. Competitors listed in the Toast filing including Square Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sq#NYSE">SQ</a>) and Lightspeed Commerce Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lspd#NYSE">LSPD</a>).
NCR had revenue of $6.2 billion in 2020, which is 7.5x more than Toast had in the same year. Toast of course is growing revenue at a higher rate.
Shares of NCR could be trading at a discount to Toast based on overall revenue or the potential value of the hospitality business as a standalone unit.
NCR. Price Action: NCR shares are down&nbsp;0.75% to $39.78&nbsp;on Friday afternoon.&nbsp;
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TOST

Missed The Toast IPO? Check Out This Leading Restaurant POS Company Instead

Two trucking companies violated federal law by discriminating against people with disabilities, according to separate lawsuits filed by the Equal Employment Opportunity Commission (EEOC).

Atlanta-based Pilot Freight Services fired its international manager because of his cancer diagnosis, alleges an EEOC lawsuit <a href="https://www.eeoc.gov/newsroom/eeoc-sues-pilot-freight-services-disability-discrimination">filed</a> Friday.

Pilot Freight Services is a global transportation and logistics provider with 96 locations in North America, as well as operations in Europe and Asia. Pilot has an internal fleet of 277 motor vehicles and 255 drivers, according to the Federal Motor Carrier Safety Administration. 

On June 7, 2019, Thomas Hunt told his manager at Pilot Freight Services that he needed to request leave to see his doctor about some biopsy results, according to the EEOC. 

"About 10 days later, Hunt was terminated by Pilot, allegedly as a result of a reduction in force. Pilot claimed that Hunt was laid off because he had less tenure than other employees and his position was eliminated. However, in the months leading up to and following Hunt's discharge, Pilot hired several employees who were not discharged based on tenure and hired an employee in a position very similar to the one that Hunt previously held, and with a higher salary," according to the lawsuit.

The EEOC is seeking unspecified back pay, compensatory damages, and punitive damages for Hunt.

"Cancer is a big enough catastrophe for anyone without an employer piling on and firing him or her because of the disease," Darrell Graham, district director of the Atlanta office, said in a <a href="https://www.eeoc.gov/newsroom/eeoc-sues-pilot-freight-services-disability-discrimination">statement</a>.

In a separate lawsuit <a href="https://www.eeoc.gov/newsroom/eeoc-sues-stevens-transport-disability-discrimination">filed</a> Thursday, the EEOC alleges Dallas-based Stevens Transport discriminated against an applicant based on his disability — hypertension — and because it regarded him as disabled.

The lawsuit also alleges that Stevens Transport violated the law when it asked the applicant — whom it did not name — a disability-related question before making an offer of employment.

Stevens Transport is one of the largest refrigerated over-the-road trucking companies in North America. The company operates 1,937 trucks and employs 2,458. 

"Employers may not make any disability-related inquiries before a job offer has been made," Meaghan Kuelbs, senior trial attorney in the EEOC's Dallas office, said in a statement. "Should such information be elicited during the application process, the Americans with Disabilities Act expressly prohibits the exclusion of a candidate for hire simply because of his status as a person with a disability."

According to the lawsuit, the applicant applied at Stevens Transport in August 2019. During his interview, the applicant was asked whether a gap in his employment reflected on his resume was medically related.

"That question led the applicant to disclose that he had been diagnosed with hypertension in a previous job, which caused him to require medical leave. The EEOC's suit alleges that Stevens Transport did not hire him because he disclosed his prior use of medical leave during the job interview," according to the EEOC.

EEOC is seeking unspecified back pay and compensatory and punitive damages, along with injunctive relief for the applicant from Stevens Transport.

Neither Pilot Freight Services nor Stevens Transport immediately responded to FreightWaves' request for comment.

<a href="https://www.freightwaves.com/news/author/noimahoney">Click for more FreightWaves articles by Noi Mahoney.</a>

More articles by Noi Mahoney

<a href="https://www.freightwaves.com/news/worldwide-flight-services-acquires-texas-cargo-handler">Worldwide Flight Services acquires Texas-based cargo handler</a>

<a href="https://www.freightwaves.com/news/feds-order-border-warehouse-to-pay-235k-in-back-wages">Feds order border warehouse to pay $235K in back wages</a>

<a href="https://www.freightwaves.com/news/cbp-shuts-down-texas-port-of-entry">CBP shuts down Texas port of entry, reroutes traffic</a>

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General

EEOC Sues 2 Trucking Companies, Alleging Disability Discrimination

<a href="https://www.globenewswire.com/Tracker?data=dtzTmXgMuXECebN1o1NnKfx4zs02cntlbd72G8rCERrKzy8nbNx4t4wKv-_D6uuxSdLKGJFoW_JimaLXv-yDgw==" target="_blank">Pfizer Inc.</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) and&nbsp;<a href="https://www.globenewswire.com/Tracker?data=9wYFHEDCqc0X5EUxE10VfAh7QxAD4am8oyiP8wanrYCq-ILPPPhzu1Orjdc9Kp3n_ZxcV0YQtiOEqNdaLio5Vw==" target="_blank">OPKO Health Inc.</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPK#NASDAQ">OPK</a>) announced today that the U.S. Food and Drug Administration (FDA) has extended the review period for the Biologics License Application (BLA) for somatrogon, a once-weekly long-acting recombinant human growth hormone, for the treatment of growth hormone deficiency (GHD) in pediatric patients. The Prescription Drug User Fee Act (PDUFA) goal date has been extended by three months to January 2022, as a result of Pfizer&#39;s submission of additional data to the original BLA.
In 2014, Pfizer and OPKO entered into a worldwide agreement for the development and commercialization of somatrogon for the treatment of GHD. Under the agreement, OPKO is responsible for conducting the clinical program and Pfizer is responsible for registering and commercializing the product for GHD.

Biotech

Pfizer and OPKO Announce Extension of U.S. FDA Review of Biologics License Application of Somatrogon for Pediatric Growth Hormone Deficiency

Offerings

Sunoco Files For Mixed-Securities Shelf Offering, Size Not Disclosed

Boeing Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>), The Walt Disney Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>) and NVIDIA Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) may be setting up into bullish flag patterns on the daily chart. The bull flag pattern is created by a sharp rise higher forming the pole, which is then followed by a consolidation pattern that brings the stock lower between a channel with parallel lines.
<ul>
<li>For bearish traders, the &quot;trend is your friend&quot; (until it&#39;s not) and the stock may continue downward&nbsp;within the following channel for a short period of time. Aggressive traders may decide to short the stock at the upper trendline and exit the trade at the lower trendline.</li>
<li>Bullish traders will want to watch for a break up from the upper descending trendline of the flag formation, on high volume, for an entry. When a stock breaks up from a bull flag pattern, the measured move higher is equal to the length of the pole and should be added to the lowest price within the flag.</li>
</ul>
A bull flag is negated when a stock closes a trading day below the lower trendline of the flag pattern or if the flag falls more than 50% down the length of the pole.
See Also:&nbsp;<a href="https://www.benzinga.com/trading-ideas/long-ideas/21/09/23091974/why-jim-cramer-just-bought-disney-stock-for-his-charitable-trust">Why Jim Cramer Just Bought Disney Stock For His Charitable Trust</a>
The Boeing Chart: Traders can watch for continued low-volume consolidation on the daily chart&nbsp;within the paralell lines of the flag pattern on Monday and possibly Tuesday.
If the flag is recognized, big bullish volume could come in to break the stock up from the bull flag formation.
<img alt="ba_sept._24.png" src="https://www.benzinga.com/files/u278075/ba_sept._24.png" style="height:768px; width:1366px" />The Disney Chart: Like Boeing, Disney will need further consolidation on low volume to complete the pattern. The stock is also trading in an inside bar pattern during an uptrend, which is bullish.
<img alt="dis_sept._24.png" src="https://www.benzinga.com/files/u278075/dis_sept._24.png" style="height:768px; width:1366px" />The NVIDIA Chart: Nvidia was consolidating on low volume and holding above the eight-day exponential average. The stock may need another day or two before garnering the power to break up from the flag if the pattern holds.&nbsp;<img alt="nvda_sept._24.png" src="https://www.benzinga.com/files/u278075/nvda_sept._24.png" style="height:768px; width:1366px" />

NVDA

Why Boeing, Disney, Nvidia Stocks Could Be Settling Into This Bullish Pattern

The Middleby Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIDD#NASDAQ">MIDD</a>) today announced the acquisition of Imperial Commercial Cooking Equipment. Based in Corona, Calif., the company manufactures ranges, fryers, ovens, countertop equipment and other specialty cooking products for the commercial kitchen. Imperial has annual revenues of approximately&nbsp;$40 million.
&quot;Imperial is a leading, highly-respected commercial foodservice brand with products that complement the existing Middleby core cooking category. While we are enhancing our current brand portfolio, this acquisition also expands our west coast footprint and allows us to provide broader capabilities and support to our domestic customers,&quot; said Tim FitzGerald, Middleby CEO.
&quot;We are excited to realize the many synergies between the companies. Imperial has impressive manufacturing capabilities, which will provide potential for greater efficiencies and flexibility to our commercial foodservice platform. Working with our long-standing international distribution partners, Imperial has a prime opportunity to expand its global reach. Imperial also has an established presence in the quickly growing fast-casual chain restaurant segment, which will be a benefit to the Middleby brands as well,&quot; Mr. FitzGerald commented.
Since its inception in 1957, the Imperial mission has been to be the preferred global supplier of high quality, top value cooking equipment to the foodservice industry. Please visit&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.imperialrange.com&amp;esheet=52497502&amp;newsitemid=20210924005538&amp;lan=en-US&amp;anchor=www.imperialrange.com&amp;index=1&amp;md5=d4392ebef2e442902af676270a64d5dd">www.imperialrange.com</a>&nbsp;for more information on the company and its products.
For more information about The Middleby Corporation and the company brands, visit&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.middleby.com&amp;esheet=52497502&amp;newsitemid=20210924005538&amp;lan=en-US&amp;anchor=www.middleby.com&amp;index=2&amp;md5=31a66d79f2a8b049ae6f2c59b64e9a79">www.middleby.com</a>.

MIDD

Middleby Acquires Imperial Commercial Cooking Equipment; Terms Not Disclosed

Magnolia Agreement to Purchase 3,000,000 Shares of Class B Common Stock from EnerVest
Magnolia Oil &amp; Gas Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGY#NYSE">MGY</a>) (&quot;Magnolia&quot; or the &quot;Company&quot;) today announced the pricing of the previously announced underwritten block trade of 7,500,000 shares of the Company&#39;s Class A common stock (the &quot;Class A Common Stock&quot;) by certain affiliates of EnerVest, Ltd. (the &quot;Selling Stockholders&quot;) resulting in total gross proceeds to the Selling Stockholders of&nbsp;$122.85 million&nbsp;(the &quot;Offering&quot;). The Offering is expected to close on or about September 28, 2021, subject to customary closing conditions. The Company will not sell any shares of its Class A Common Stock in the Offering or receive any proceeds from the Offering.
In connection with the Offering, the Company has agreed to purchase from the Selling Stockholders 3,000,000 shares of the Company&#39;s Class B common stock at a price per share equal to the price per share at which the underwriter purchases shares of the Company&#39;s Class A Common Stock in the Offering (the &quot;Class B Common Stock Purchase&quot;). The Offering is not conditioned upon the completion of the Class B Common Stock Purchase, but the Class B Common Stock Purchase is conditioned upon the completion of the Offering.
Following the closing of the Offering and Class B Common Stock Purchase, the Selling Stockholders will own 20,112,444 Class A and 52,915,438 Class B shares of the Company, or approximately&nbsp;31.5%&nbsp;of the total outstanding shares of the Company.
J.P. Morgan Securities LLC is acting as the sole book-running manager for the offering. The Offering is being made pursuant to an effective shelf registration statement, which has been filed with the Securities and Exchange Commission (the &quot;SEC&quot;) and became effective August 30, 2018. The Offering will be made only by means of a preliminary prospectus supplement and the accompanying base prospectus, copies of which may be obtained on the SEC&#39;s website at&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=52497608&amp;newsitemid=20210924005535&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=f280c3a96d8737ce466dcfb791f16749">www.sec.gov</a>. Alternatively, the underwriter will arrange to send you the preliminary prospectus supplement and related base prospectus if you request them by contacting:
J.P. Morgan Securities LLC
Attention: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions
1155 Long Island Avenue, Edgewood, NY 11717
Email at&nbsp;<a href="mailto:prospectus-eq_fi@jpmchase.com">prospectus-eq_fi@jpmchase.com</a>
Phone at 1-866-803-9204

Pricing of EnerVest Block Trade of 7,500,000 Shares of Class A Common Stock of Magnolia

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