OriginClear (OTC:OCLN) Stock, Quote.Headers.trade-ideas

OriginClear Inc is a water technology company. Its technology capabilities have now been organized under the umbrella brand of OriginClear Tech Group. OriginClear, under the brand of OriginClear Tech Group, designs, engineers, manufactures, and distributes water treatment solutions for commercial, industrial, and municipal end markets.

Penny Stocks

Short Ideas

Trading Ideas

OCLN

On Friday, shares of OriginClear, Inc. (OTC: OCLN) experienced volatile short activity. After the activity, the stock price went down -1.00% to $0.436.

The overall sentiment for OCLN has been Bullish.

Short Volatility Alert: OriginClear, Inc.

News

Movers & Shakers

Intraday Update

Markets

Movers

General

ABMD

ACGBY

ACRS

ADMP

ALTM

AMGDF

AMVMF

ANCN

ARGGY

ASDZF

Alterity Therapeutics Limited - American Depositary Shares

ATHE

ATRA

AVPMF

BACHY

BCEL

BELFB

BHRB

BICEF

BICEY

BKRIF

BKRIY

BLMN

CAKE

CANN

CAPSTONE TECHNOLOGIES by Capstone Technologies Group, Inc.

CATG

CBBI

CBKC

CEIX

CFWFF

CHNG

CKHUY

CLDT

CLVS

CNVT

CPYYF

CPYYY

China Shenhua Energy Unsponsored representing A shares

CSUAY

CTRA

CVALF

CVNZF

DNKEY

EIGI

EPIX

EQNR

ESVIF

ETRN

FNLPF

FRBK

FTSI

GLCNF

GLNCY

GTII

HABT

HLFDY

HLIX

HTCTF

HUSKF

ICPT

IGGGF

IMLFF

INNT

IRCUF

IRIX

ISBG

JAPSY

JFEEF

JSAIY

JSEJF

LEAFBUYER TECHNOLOGIES by Leafbuyer Technologies, Inc.

LBUY

LDSCY

LEAF

AMERICAN LITHIUM CORP ORD by American Lithium Corp.

LIACF

LKSD

LVRLF

LXRX

MBNKF

MCOA

MDWD

MEOH

MGXMF

Stocks that Reached Yearly Lows Thursday Morning

OriginClear Inc

Tigress Financial analyst Ivan Feinseth maintains Garmin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRMN#NYSE">GRMN</a>) with a Strong Buy and raises the price target from $210 to $215.

Price Target

Analyst Ratings

GRMN

Tigress Financial Maintains Strong Buy on Garmin, Raises Price Target to $215

Wednesday, Oak Street Health, a subsidiary of CVS Health Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>), agreed to settle for $60 million following allegations that it violated the False Claims Act.
The <a target="_blank" href="https://www.justice.gov/opa/pr/oak-street-health-agrees-pay-60m-resolve-alleged-false-claims-act-liability-paying-kickbacks" rel="noreferrer noopener">claims</a> involved paying kickbacks to third-party insurance agents to recruit seniors to its primary care clinics, a practice that led to false Medicare submissions.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/large-cap/24/08/40437498/pharmacy-chains-like-cvs-health-walgreens-boots-alliance-confront-shifting-consumer-habits-and-pro" rel="noreferrer noopener">Pharmacy Chains Like CVS Health, Walgreens Boots Alliance Confront Shifting Consumer Habits And Profit Pressures</a>.
The allegations center around Oak Street Health&#8217;s Client Awareness Program, launched in 2020, which aimed to increase membership through third-party insurance agents.
These agents targeted seniors enrolled or eligible for Medicare Advantage (MA) plans, directing them toward Oak Street's services.
In exchange, agents received approximately $200 per referral, incentivizing them to prioritize financial gain over seniors&#8217; best interests.
This behavior violated the Anti-Kickback Statute, which prohibits offering payment to induce patient referrals under federally funded programs like Medicare.
The U.S. Department of Justice (DOJ) claimed that Oak Street Health knowingly submitted false claims to Medicare between September 2020 and December 2022 due to these illegal kickbacks.
"Health care providers that attempt to profit from kickbacks will be held accountable," said Principal Deputy Assistant Attorney General Brian M. Boynton, head of the Justice Department&#8217;s Civil Division. "We are committed to rooting out illegal practices committed by Medicare Advantage providers, insurance agents and brokers that undermine the interests of federal health care programs and the patients they serve."
Additionally, the settlement resolves claims brought under the whistleblower provisions of the False Claims Act by Joseph Stinson. Stinson will receive $9.9 million as part of the settlement.
Last week, Walgreens Boots Alliance&nbsp;Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>)&nbsp;agreed to pay $106.8 million to settle allegations that it submitted false claims to government healthcare programs, violating the False Claims Act&nbsp;<a target="_blank" href="https://www.benzinga.com/news/large-cap/24/09/40881893/walgreens-agrees-to-106-8m-settlement-over-alleged-false-billing-claims" rel="noreferrer noopener">and state regulations</a>.
Price Action: CVS stock is up 0.27% at $58.58 at the last check Thursday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/biotech/24/09/40941051/fda-strikes-off-vanda-pharmaceuticals-tradipitant-for-stomach-paralysis-asks-for-additional-studi" target="_blank" rel="noreferrer noopener">FDA Strikes Off Vanda Pharmaceuticals&#8217; Tradipitant For Stomach Paralysis, Asks For Additional Studies</a>.</li>
</ul>
Photo via Shutterstock

Large Cap

Health Care

Legal

CVS Subsidiary Oak Street Health Agrees to $60M Settlement in Medicare Kickback Violations

Cat-themed meme coins are surging off the back of a major cryptocurrency rally, outperforming their <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40937447/dogecoin-rallied-4-5-dogecoin-killer-shiba-inu-8-what-is-going-on">dog-themed meme coin rivals</a>.
What Happened: In the past 24 hours, Popcat (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">POPCAT</a>) and Mew (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">MEW</a>) collected gains of 36% and 33%, respectively. 
For comparison, Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) are up 7% and 10%, respectively. The meme coin sector as a whole is up 10%.
Crypto trader RookieXBT predicts Popcat to become the fifth-largest meme coin. Prominent meme coin trader Unipcs sees incredible strength and is bullish on the entire cat-themed meme coin sector, which he sees as undervalued.
Another crypto trader Wick noted Popcat breaking out to a higher level.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40736466/meme-coins-are-in-an-unregulated-untouchable-position-trader-notes-main-reason-for-massive">Meme Coins Are In An &#8216;Unregulated Untouchable Position,&#8217; Trader Notes Main Reason For &#8216;Massive Trading&#8217;</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24POPCAT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$POPCAT</a> I put a few extra notes on the chart about how I read the tape with Alpha signals. Give me some feedback and let me know if you like this extra detail Nice breakout into stage 2 part 2 &#x1f680; <a href="https://t.co/XZ7b3QMg6o">pic.twitter.com/XZ7b3QMg6o</a>
&mdash; Wick (@ZeroHedge_) <a href="https://twitter.com/ZeroHedge_/status/1836774957776265496?ref_src=twsrc%5Etfw">September 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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One crypto trader <a href="https://x.com/frggitt/status/1834375305198252286">connects</a> MEW&#8217;s price momentum to that of Solana, suggesting it can see a similar uptrend. He said that the token has been in consolidation for 144 days, with more than $100 billion in trading volume and thinks &#8220;it can do numbers.&#8221;
Another trader sees MEW as a good option for a swing trade.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24MEW&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$MEW</a> &#8211; 23% one minute candle. Red box is where the range volume and composite volume is traded. Great area to jump into the swing trade. <a href="https://t.co/p59zAHDoKl">pic.twitter.com/p59zAHDoKl</a>
&mdash; GhostMMXM (@GhostMMXM) <a href="https://twitter.com/GhostMMXM/status/1836783619085332648?ref_src=twsrc%5Etfw">September 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Mew has been listed on Korean digital asset exchange Upbit, while Popcat has been <a href="https://x.com/SolanaFloor/status/1836800349799129130">listed</a> by KrakenPro exchange for spot trading.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40516153/bitcoin-beating-good-boys-do-really-more-americans-own-crypto-than-dogs-the-benzinga-fact-">Bitcoin Beating Good Boys: Do Really More Americans Own Crypto Than Dogs? The Benzinga Fact Check</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$DOGE

$MEW

$POPCAT

$SHIB

Cat Coins Popcat, MEW Eat Dogecoin's, Shiba Inu's Lunch With Gains Of Over 30%: What Is Going On?

Guggenheim analyst Curry Baker maintains Sphere Entertainment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPHR#NYSE">SPHR</a>) with a Buy and raises the price target from $58 to $63.

SPHR

Guggenheim Maintains Buy on Sphere Entertainment, Raises Price Target to $63

Scotiabank analyst Maher Yaghi maintains T-Mobile US (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) with a Sector Outperform and raises the price target from $197 to $215.5.

TMUS

Scotiabank Maintains Sector Outperform on T-Mobile US, Raises Price Target to $215.5

UniFirst Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNF#NYSE">UNF</a>), a North American leader in the supply and servicing of uniform and workwear programs, facility service products, and first aid and safety supplies, is pleased to announce the appointment of Kelly Rooney as Chief Operating Officer (COO), effective September 30, 2024. &nbsp;
Rooney has extensive knowledge and experience in large-scale B2B route-based operations. Over her twenty-five plus year career, she has held operational and leadership roles of increasing responsibility. Her most recent position was as the Chief Human Resources Officer at Waste Management, a $20 billion public company. Rooney is returning to her roots and will oversee UniFirst's day-to-day operations, focusing on driving growth, enhancing customer service excellence, and executing operational efficiencies. Her innovative leadership style, systematic approach, and strong customer focus have consistently yielded outstanding results throughout her career.

Management

UniFirst Corporation Names Kelly Rooney As Chief Operating Officer, Effective September 30, 2024; Michael Croatti To Transition From Executive Role In November, Will Continue In Consulting Capacity

Macro Economic Events

Global

Economics

iShares MSCI Israel Capped Investable Market Index Fund

ISRA

Pentagon Says No Changes To U.S. Military Posture In Middle East; U.S. Concerned About Escalation In Middle East, Ceasefire Deal Is Important; Austin, In Calls With Israeli Counterpart, Underscores Need For Tensions To "Quell" In Middle East; Any Attack That Could Escalate Tension In Region Will Not Be Helpful; Do Not Believe Ceasefire Deal For Gaza Is Falling Apart

Truist Securities analyst Srikripa Devarakonda maintains Edgewise Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWTX#NASDAQ">EWTX</a>) with a Buy and raises the price target from $25 to $33.

EWTX

Truist Securities Maintains Buy on Edgewise Therapeutics, Raises Price Target to $33

Raymond James analyst Stephen Laws maintains Redwood Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RWT#NYSE">RWT</a>) with a Strong Buy and raises the price target from $8.5 to $9.5.

Raymond James Maintains Strong Buy on Redwood Trust, Raises Price Target to $9.5

Raymond James analyst Stephen Laws maintains MFA Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MFA#NYSE">MFA</a>) with a Outperform and raises the price target from $13 to $14.5.

Raymond James Maintains Outperform on MFA Finl, Raises Price Target to $14.5

WIIM

IESC

PCAR

ROAD

STRL

Shares of broader industrial and machinery stocks are trading higher following the Fed's announcement to cut rates by 50 basis points yesterday, which could support investment and economic growth.

Missouri regulators have scaled back an <a href="https://www.benzinga.com/markets/cannabis/24/08/40323184/missouri-governors-thc-ban-threatens-9-000-retailers-statewide-amid-nationwide-clampdown-on-hemp">initial ban on hemp-derived THC products</a> enacted by Governor Mike Parson (R) on August 1, opting to focus enforcement on those resembling popular candies that could appeal to children. This strategic shift responds to a lawsuit filed by the Missouri Hemp Trade Association (MHTA), which argued the broad ban went against state law.
<h3 class="wp-block-heading">Legal Action Prompts Shift In Hemp THC Product Ban</h3>
The Missouri Department of Health and Senior Services (DHSS) announced Tuesday it would cease the broad embargo on <a href="https://www.benzinga.com/topic/hemp">hemp</a> products containing THC, <a href="https://missouriindependent.com/2024/09/18/hemp-sales-are-back-on-missouri-regulators-pare-down-ban-on-intoxicating-hemp-products/">reported</a> The Missouri Independent. This announcement comes after a letter from Richard Moore, general counsel for the DHSS, which was prompted by legal actions from the hemp industry&#8217;s trade association. Moore&#8217;s letter emphasized the department&#8217;s new focus on targeting &#8220;misbranded&#8221; products that could potentially appeal to minors.
The DHSS inspected 74 establishments this September, finding THC products in 42, as highlighted Lisa Cox, spokeswoman for the department.
<ul>
<li>Get Benzinga&#8217;s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe">here</a>. If you&#8217;re serious about the business, you can&#8217;t afford to miss out.</li>
</ul>
The lawsuit aimed at preventing the designation of such hemp products as &#8220;adulterated.&#8221; It highlighted inconsistencies with state laws, which do not consider food products adulterated solely because they contain <a href="http://benzinga.com/topic/hemp">hemp</a> derivatives. This legal interpretation was pivotal in reshaping the enforcement strategy.
However, <a href="http://benzinga.com/topic/missouri-cannabis">Missouri</a> regulators have not embargoed products like hemp flower, hemp milk, protein powders, teas or CBD gummies, <a href="https://www.cannabisbusinesstimes.com/page/staff/">noted</a> to Cannabis Business Times. These items remain unaltered and collected through extraction, distinguishing them from hemp-derived THC products targeted by recent enforcement actions.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/09/40845389/nj-governor-signs-bill-tightening-rules-on-hemp-industry-stakeholders-protest-big-alcohol-celebr">NJ Governor Signs Bill Tightening Rules On Hemp: Industry Stakeholders Protest, Big Alcohol Celebrates</a>
<h3 class="wp-block-heading">Missouri AG To Evaluate Hemp Misbranding</h3>
Furthermore, the DHSS&#8217; refined strategy involves referring products suspected of misbranding to the Missouri Attorney General&#8217;s office for evaluation under the State's Merchandising Practices Act. This act aims to protect consumers from deceptive marketing practices, ensuring they are fully aware of what they are purchasing. &#8220;The department has no intention at this time to embargo additional psychoactive cannabis products as adulterated,&#8221; stated Moore in his recent communication, according to The Missouri Independent, clarifying the department's adjusted enforcement outlook.
Craig Katz, a spokesperson for the MHTA, expressed support for the state's renewed approach. &#8220;This is the appropriate regulatory and law enforcement focus,&#8221; Katz remarked. He also hinted at forthcoming legislative efforts in 2025 to bolster consumer confidence and ensure rigorous regulation of hemp products.
<h3 class="wp-block-heading">States Face Lawsuits Over Hemp-Derived Products Restrictions</h3>
By narrowing its enforcement to misbranding <a href="https://www.benzinga.com/markets/cannabis/24/08/40323184/missouri-governors-thc-ban-threatens-9-000-retailers-statewide-amid-nationwide-clampdown-on-hemp">rather than a broad ban</a>, Missouri aims to ensure that <a href="https://www.benzinga.com/markets/cannabis/24/07/39915334/a-nasty-high-experts-sound-alarm-over-soup-of-unknown-compounds-in-hemp-derived-thc-products">hemp-derived THC</a> products are safely regulated while supporting the industry's growth and compliance. Similarly, a group of California parents is <a href="https://www.benzinga.com/markets/cannabis/24/09/40906131/this-is-life-or-death-families-of-disabled-children-panic-over-gov-newsoms-hemp-cbd-ban-and-eval">evaluating legal action against Gov. Newsom&#8217;s proposed hemp ban</a>, fearing it could eliminate critical CBD treatments their children rely on for survival.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/09/40833963/expert-calls-for-a-united-hemp-and-cannabis-front-industries-should-collaborate-and-push-for-fed">Expert Calls For A United Hemp And Cannabis Front, &#8216;Industries Should Collaborate&#8217; And Push For Federal Rules</a></li>
</ul>

Cannabis

Government

Regulations

Cannabis Companies Have Missouri's Governor Beat: Hemp-THC Products Sales Resume As Stricter Controls Replace Sweeping Ban

Raymond James analyst Stephen Laws maintains KKR Real Estate Finance (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KREF#NYSE">KREF</a>) with a Outperform and raises the price target from $13 to $14.

KREF

Raymond James Maintains Outperform on KKR Real Estate Finance, Raises Price Target to $14

AAOI

AEVA

ANET

CALX

FLEX

GDDY

KEYS

LINK

PMTS

SHOP

SNOW

TWLO

ZBRA

Shares of companies within the broader technology sector are trading higher amid overall market strength following Wednesday's Fed rate cut.

AEHR

AMKR

CAMT

CRDO

INTC

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

MKSI

MTSI

NVMI

ONTO

SITM

SMTC

SWKS

Shares of semiconductor companies are trading higher amid overall market strength following Wednesday's Fed rate cut.

Raymond James analyst Stephen Laws maintains Franklin BSP Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBRT#NYSE">FBRT</a>) with a Strong Buy and raises the price target from $15 to $15.5.

FBRT

Raymond James Maintains Strong Buy on Franklin BSP Realty Trust, Raises Price Target to $15.5

ADBE

AEYE

AILE

AIRE

AIXI

ASAN

BILL

CDNS

CRWD

DAVE

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

HUBS

Shares of software companies are trading higher amid overall market strength following Wednesday's Fed rate cut.

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OriginClear

OriginClear (OCLN) Forecast

OriginClear (OTC:OCLN) Stock, Quote.Headers.trade-ideas