Latest News for Stelmine Canada Stock (OTC:STHFF)

Stelmine Canada Ltd is a Canadian mineral exploration company. It is engaged in the acquisition, exploration, production, and development of mining properties in Quebec. Its asset portfolio includes Courcy Property, Mercator Property, Joubert Property, Nouvelles property, Ilnu property, and Trieste Property.

STELMINE CDA LTD ORD by Stelmine Cda Ltd.

Stelmine Canada Ltd

Tigress Financial analyst Ivan Feinseth maintains Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) with a Buy and raises the price target from $50 to $52.

News

Price Target

Analyst Ratings

Tigress Financial Maintains Buy on Verizon Communications, Raises Price Target to $52

Comfort Systems USA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIX#NYSE">FIX</a>) has outperformed the market over the past 10 years by 24.49% on an annualized basis producing an average annual return of 35.29%. Currently, Comfort Systems USA has a market capitalization of $11.49 billion. 
Buying $100 In FIX: If an investor had bought $100 of FIX stock 10 years ago, it would be worth $2,050.97 today based on a price of $321.60 for FIX at the time of writing.
<h3>Comfort Systems USA's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715956216_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$100 Invested In This Stock 10 Years Ago Would Be Worth $2,100 Today

Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) has outperformed the market over the past 10 years by 1.94% on an annualized basis producing an average annual return of 12.73%. Currently, Linde has a market capitalization of $206.67 billion. 
Buying $100 In LIN: If an investor had bought $100 of LIN stock 10 years ago, it would be worth $330.92 today based on a price of $429.92 for LIN at the time of writing.
<h3>Linde's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715956211_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much You Would Have Made Owning Linde Stock In The Last 10 Years

The U.S. News and World Report, a trusted source for comprehensive rankings, has just released its highly anticipated ranking of the <a href="https://www.benzinga.com/personal-finance/24/05/38850629/families-need-over-300-000-a-year-to-live-comfortably-in-some-cities-can-you-guess-which-city-to">top cities</a> in the U.S. that offer the best quality of life in 2024. Here's what the report revealed.&nbsp;
Don't Miss:
<ul>
<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/red-ventures"> The percentage may shock you</a>.</li>
</ul>
Intended to help people choose a city to live in, the report looks at several factors that contribute to a good quality of life. These factors are broken down and calculated percentage-wise. Included is:
<ul>
<li>Crime rates: This includes a metro area's murder, property and violent crime rates per 100,000 people&nbsp;</li>
<li>Quality of education: This is done by calculating the average college readiness across all schools&nbsp;</li>
<li>Well-being: This meant calculating satisfaction levels for purpose, financial, social, community and physical factors</li>
<li>Commuter index: This was done by calculating average commute time via foot, car, bicycle or public transport&nbsp;</li>
<li>Air quality index: Reports were provided by the U.S. Environmental Protection Agency&nbsp;</li>
<li>Quality and Availability of Health Care: The quality of health care available per area was calculated&nbsp;</li>
<li>Federal Emergency Management Agency (FEMA) National Risk Index: This was used to determine an area's risk to natural hazards and risks to the community&nbsp;&nbsp;&nbsp;</li>
</ul>
In addition to these factors, researchers also considered the area&#8217;s value index by studying housing affordability and the average annual income per household. They also considered the area&#8217;s job market by examining the unemployment rate and the average salary earned. The final factor in the results was desirability.&nbsp;
The report included several surveys that asked Americans across the country where they most wanted to live and retire. The U.S. News and World Report revealed, "Without question, individual preferences and family proximity weigh heavily for those choosing where to retire."&nbsp;
Trending: 82% of Americans aren&#8217;t using<a href="https://www.benzinga.com/money/public-hys"> this government secured 5% passive income stream</a>, are you one of them?
The results found that Ann Arbor, Michigan, is the number one city that boasts the best quality of life. The city scored a solid 7.9 out of 10 because of its strong job market, strong economic vitality and rich culture. According to the U.S. News and World Report, "Ann Arbor is a city of contrasts. It is at once rural and urban, sporty and smart, outdoorsy and high-tech, counterculture and high society."&nbsp;
The affordable <a href="https://www.benzinga.com/personal-finance/24/05/38850629/families-need-over-300-000-a-year-to-live-comfortably-in-some-cities-can-you-guess-which-city-to">cost of living</a> and taxes are big reasons why Ann Arbor is at the top of the list. While homeowners pay property taxes, workers in the city do not pay income tax.&nbsp;
The second-best city on the list is Boulder, Colorado, with a score of 7.7 out of 10. U.S. News and World Report described the city as a place for "people looking to bring balance to their work life." If there's one thing that Boulder is known for, it's a stunning beauty, from snow-capped mountain peaks to forests. Unlike Ann Arbor, Boulder has a higher cost of living, driven by a combination of state, county, and city sales taxes. City leaders are currently addressing the shortage of affordable housing due to the increase in the number of new residents in Boulder.&nbsp;
Third on the list is Madison, Wisconsin, which scored 7.4 out of 10. U.S. News and World Report describes the city as "a hotbed of the health care, information technology and manufacturing industries." The cost of living in Madison is higher than state and national averages, however, when compared to other larger cities in the Midwest like Chicago, Madison is a desirable alternative.
Other cities on the top 10 list of U.S. places that boast the best quality of life were
4. San Jose, California&nbsp;
5. Portland, Maine&nbsp;
6. Boston, Massachusetts
7. Green Bay, Wisconsin&nbsp;
8. Hartford, Connecticut&nbsp;
9. Rochester, New York&nbsp;
10. Trenton, New Jersey&nbsp;&nbsp;
U.S. News and World Report explained that this result should help readers make the most informed decision when choosing where to settle down.
Read Next:
<ul>
<li>Reddit user reveals his retirement account&#8217;s &#8220;hourly wage&#8221; —<a href="https://www.benzinga.com/money/retirement-hourly-wage"> how much does your money really make per hour?</a></li>
<li>If the United States had access to<a href="https://www.benzinga.com/money/public-hys-avgamerican"> today&#8217;s high-yield savings accounts rates</a> in 2015, it wouldn&#8217;t need to save another penny.</li>
</ul>

Personal Finance

Unsure If Your City Made The Cut? See Which U.S. Places Boast The Best Quality Of Life In 2024

HC Wainwright &amp; Co. analyst Douglas Tsao reiterates Outlook Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTLK#NASDAQ">OTLK</a>) with a Buy and maintains $30 price target.

Reiteration

OTLK

HC Wainwright & Co. Reiterates Buy on Outlook Therapeutics, Maintains $30 Price Target

BWS Financial analyst Hamed Khorsand maintains Hawkins (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWKN#NASDAQ">HWKN</a>) with a Buy and raises the price target from $74 to $96.

HWKN

BWS Financial Maintains Buy on Hawkins, Raises Price Target to $96

After a multi-day rally to start the week, shares of video game retailer GameStop Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) are crashing Friday morning with news of preliminary quarterly results and an <a href="https://www.benzinga.com/markets/equities/24/05/38893302/why-is-gamestop-stock-crashing-premarket-after-early-gains">announced share offering.</a>
What Happened: The week started with a bang for GameStop and other meme stocks with the return of <a href="https://www.benzinga.com/markets/equities/24/05/38787490/gamestop-shares-surge-as-roaring-kitty-resurfaces-after-3-year-silence">the Roaring Kitty account</a> on social media, believed to still be owned by Keith Gill, a prominent figure in the 2021 short squeeze storyline.
GameStop shares hit new 52-week highs on both Monday and Tuesday before seeing declines later in the week.
On Friday morning, the video game retailer announced that it expects first-quarter revenue to be in a range of $872 million to $892 million. The company reported $1.24 billion in revenue in last year's first quarter.
Analysts are expecting GameStop to report revenue of $1.05 billion in the first quarter, according to <a href="https://pro.benzinga.com/feature/newsfeed/?gspk=bHVrZWphY29iaTUzNDg&amp;gsxid=tdEE0VrK8Jeg&amp;ref=lukejacobi5348">data from Benzinga Pro.</a>
The company also filed an at-the-market offering of up to 45 million shares. The proceeds from the sale would be used for general corporate purposes, which could include investments and acquisitions.
While shares are falling on Friday&#8217;s news, many aren't surprised by the offering. This includes Benzinga's recent article listing five items that <a href="https://www.benzinga.com/markets/equities/24/05/38831590/5-ways-the-gamestop-meme-stocks-rally-could-fizzle-stock-offerings-boredom-and-more">could hurt the GameStop rally.</a>
"$GME If you don't expect an offering in garbage plays, you haven't been around very long," MightySoldiers <a href="https://x.com/MightySoldiers/status/1791450049131553179">said </a>on X.
Future Fund Managing Partner Gary Black <a href="https://x.com/garyblack00/status/1791447193401925734">shares </a>his commentary on the run in meme stocks.
"With $GME -50% in two days and another -22% this morning after pre-announcing bad 1Q results and a big (45M share) ATM equity offering, investors should realize once and for all that one shouldn't buy stocks just because they are going up. Numbers matter," Black tweeted.
Benzinga's "<a href="https://www.youtube.com/watch?v=156VtJC3W4M">PreMarketPrep</a>" co-host Dennis Dick also <a href="https://x.com/TripleDTrader/status/1791436714847649927">reminded </a>investors that this is an example of why you should "sell your peanuts while the circus is in town."
"Roaring Kitty appears to be the most influential person on Wall Street," Dick <a href="https://x.com/TripleDTrader/status/1790344656556871833">tweeted </a>earlier in the week.
CNBC host Jim Cramer <a href="https://x.com/jimcramer/status/1791459989669675370">suggested </a>that GameStop will now need to merge with another company Friday.
"Gamestop and Petco? Gamestop and Party city? Gamestop and JC Penney? Gamestop and Victoria's Secret? Which is the best to merge with??" Cramer tweeted.
Cramer <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38815078/jim-cramer-bets-cash-strapped-amc-gamestop-may-issue-shares-to-capitalize-on-new-me">warned of potential share offerings</a> from GameStop earlier in the week.
"Any CFO who knows what he or she is doing would be so grateful to the memesters so they could fix their balance sheets."
Cramer suggested GameStop could file for an at-the-market offering.
"GME would be nuts NOT to authorize and at the money sell program to raise cash and reinvest."
Related Link: <a href="https://www.benzinga.com/top-stories/24/05/38880117/exclusive-citron-researchs-andrew-left-is-short-gamestop-again">EXCLUSIVE: Citron Research&#8217;s Andrew Left Is Short GameStop Again</a>
Why It's Important: Another key meme stock from the 2021 storyline that jumped this week was AMC Entertainment Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>). The movie theater company said<a href="https://www.benzinga.com/news/24/05/38843779/whats-going-on-with-amc-entertainment-stock-wednesday"> earlier in the week </a>that it exchanged shares in a debt for equity swap as the share price was surging.
GameStop raised $551 million and $1 billion in offerings in <a href="https://news.gamestop.com/news-releases/news-release-details/gamestop-completes-market-equity-offering-program-0">April </a>2021 and <a href="https://news.gamestop.com/news-releases/news-release-details/gamestop-completes-market-equity-offering-program">June </a>2021 when shares were still elevated from their start of the year prices thanks to the meme stock rally and short squeeze that happened in January and February of that year.
GameStop <a href="https://www.benzinga.com/news/earnings/24/03/37946470/gamestop-q4-earnings-highlights-retail-favorite-stock-plunges-after-revenue-eps-miss">ended the fourth quarter</a> with $1.0 billion and continues to post quarterly losses in most quarters. The third and fourth quarters of the last fiscal year saw breakeven earnings per share and a profit, respectively.
The video game retailer saw fourth-quarter revenue of $1.79 billion, down from $2.23 billion in the previous year's fourth quarter. The total missed a Street consensus estimate of $2.05 billion.
For Friday's share price fall, it may be hard to tell whether the preliminary earnings or the share offering news is having a bigger impact on the stock.
Based on a price of $22.66 for GameStop shares at the time of writing, selling 45 million shares would raise around $1 billion for the company.
GME Price Action: GameStop shares are down 25.9% to $20.49 on Friday, versus a 52-week trading range of $9.95 to $64.84.
Read Next: <a href="https://www.benzinga.com/general/education/24/05/38793704/who-is-roaring-kitty-why-does-his-return-to-social-media-matter-for-gamestop-stock">Who Is Roaring Kitty? Why Does His Return To Social Media Matter For GameStop Stock?</a>
Photo: Shutterstock

Earnings

Movers

GameStop Shares Fall On Offering: 'One Shouldn't Buy Stocks Just Because They Are Going Up,' Fund Manager Says

Good Morning Traders! In today&#39;s Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA.
Our proprietary formula, exclusive to Market Clubhouse, dictates these price levels. This dynamic equation takes into account price, volume, and options flow. These levels are updated every day and shared with all Clubhouse Members, prior to the opening of the market.
We recommend closely monitoring these stocks, and be prepared to leverage potential breakouts or reversals. As always, stay alert and ready to adjust your tactics based on the market&#39;s pulse to optimize your trading gains. Now, let&#39;s dive into the stock analysis:
<h3>SPDR S&amp;P 500 ETF Trust</h3>
The SPY (ARCA: SPY) is currently trading around our level of 528.66. For the bulls, a push higher initially to 530.09 is desirable. If the price action remains robust above 530.09, we anticipate buyers bringing the price to our support level of 530.77. Holding 530.77 during regular trading hours could lead to a further push up to 531.57. Our high bull target for SPY today is 532.56.
On the flip side, if 528.66 fails to hold as support, we expect the bears to test the strength of 527.36. Persistent selling could drive the price lower to 526.31. If this level breaks under heavy selling pressure, a strong support at 525.26 comes into play. In the event of a severe sell-off, our low bear target for the day is 523.76.
<h3>Invesco QQQ Trust Series 1</h3>
The Q&#39;s&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>) are currently trading around our key level of 452.14. For the bulls, we want to see buyers pushing above 452.98. If this level holds as support, we look for the price to climb to 454.10. Continued buying strength could bring 455.29 into play. A robust auction could lead to testing higher at 456.23, with our high bull target for the Q&#39;s at 457.55.
Should the auction struggle to maintain 452.14, we anticipate the bears taking control and driving the price down to 450.98. Further weakness could see the price tested at 449.36. Persistent selling might bring the level of 447.73 into focus. If this fails to hold, the low bear target for the day is 446.51.
<h3>Apple Inc.</h3>
Apple&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) is currently trading around our level of 189.44. For the bulls, maintaining support at this level is crucial. A rally higher to 190.52 would signify strong bullish momentum. Should the bulls sustain control, the price could reach 191.57. If the momentum continues, a push to our high bull target of 192.27 is expected.
Conversely, if 189.44 fails as support, we look for a lower test at 188.56. Continued selling pressure could drive the auction down to 187.50. Persistent bearish activity might bring 186.99 into play. If this level breaks, our low bear target for the day is 186.35.
<h3>Microsoft Corp.</h3>
Microsoft&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>) is currently trading around our level of 422.84. Bulls need to maintain support at this level and push the price to 423.81. If this level holds during regular trading hours, it could trigger a rally to 425.16. Sustained buying pressure might drive the price to our high bull target of 426.00.
If 422.84 does not hold as support, bears might test 421.62. A break below this level could see the price drop to 420.26. Continued downward pressure might push the price further down to 419.17. Our low bear target for the day is 417.25.
<h3>NVIDIA Corporation</h3>
NVIDIA (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) is currently trading around our key level of 937.84. For the bulls, pushing up to 945.15 and reclaiming it as support is critical. This could lead to an upward move to 950.29. Sustained buying momentum might result in a rally to 955.43, with our high bull target for the day at 961.78.
If 937.84 fails to hold as support, the bears might test the lower level of 928.47. A break below this level could see a drop to 922.67. Further selling pressure might lead to a test at 917.98. If this level doesn&#39;t hold, the low bear target for NVIDIA today is 913.30.
<h3>Alphabet Inc Class A</h3>
Alphabet&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) is currently trading around our level of 174.01. For the bulls, maintaining support at 174.01 is essential. A push higher to 175.12 could signal continued bullish momentum. Further strength might bring the auction to our high bull target of 176.23.
If 174.01 does not hold as support, bears might drive the price down to 172.28. Breaking this level could see an initial test at 171.14. Under heavy selling, we expect the price to reach our low bear target of 169.34.
<h3>Meta Platforms Inc </h3>
Meta&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meta#NASDAQ">META</a>) is currently trading around our level of 470.28. For the bulls, holding support at this level and pushing the price to 472.19 is crucial. If the auction remains strong, the price could climb to 473.93. Continued bullish momentum might bring the price to our high bull target of 475.19.
If 470.28 fails as support, bears might drive the price down to 468.38. Persistent selling pressure could push the price further to 465.81. If this level breaks, the low bear target for Meta today is 464.57.
<h3>Tesla Inc. </h3>
Tesla (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) is currently trading around our key level of 172.61. For the bulls, pushing the price up to 176.34 is important. Sustained buying could lead to a rally to our key level of 179.79. In a strong bullish market, we might see Tesla testing higher at 182.53. If buyers dominate today, the high bull target is 184.10.
If 172.61 does not hold as support, we anticipate a test lower at 169.70. Continued selling might bring 166.89 into play. If this level breaks and sellers remain active, the low bear target for Tesla is 164.87.
Final Word:&nbsp; Today&#39;s session presents a relatively calm landscape in terms of economic data releases, with the only significant report being the Leading Index for April, which is due at 10 AM ET. However, market participants should be aware that we are scheduled to hear from two Federal Reserve officials today: Chris Waller, who will speak at 10:15 AM ET, and Adriana Kugler, who will speak after the market closes at 5:45 PM ET. Their remarks could provide insights into the Fed&#39;s future monetary policy direction and potentially influence market sentiment.
Moreover, it&#39;s important to note that today is Mopex, which typically leads to increased market volatility. Mopex, or Monthly Options Expiration, can result in heightened trading activity as options contracts reach their expiration. This can lead to large moves in individual stocks and indices as traders adjust their positions.
Given the absence of major economic data, today&#39;s market movements may be more influenced by technical levels, Mopex, and the remarks from the Fed officials. As always, it&#39;s crucial to stay vigilant and be prepared for potential volatility, especially during key events and expiration periods during today&#39;s close. Keep an eye on the key levels mentioned for each ticker, and be ready to adjust your strategies accordingly.
Good luck, trade safely, and Happy Friday!
The Morning Memo is curated by RIPS, a pro trader with years of experience in equities, options, and futures trading. RIPS is at the heart of the exclusive Market Clubhouse community, offering his insights, expertise, and real-time mentorship.
Start your day with a live daily market analysis, a carefully selected watch list, early access to the Morning Memo, and exclusive Market Clubhouse price levels, providing precise support and resistance indicators. When you become a member of Market Clubhouse, you will gain early access to the Morning Memo, just like this one, every single day&mdash;hours before it&#39;s published. You will also have access to a live stream with zero latency and screen sharing, enabling you to witness Rips executing his trades in real-time and sharing his exclusive trading plans, strategies, and live decision-making.
For a limited time during our special promotion, you can join RIPS and get a full access pass to Market Clubhouse for 7 full days for just $7. Check it out at <a href="https://marketclubhouse.club/7Days/" title="https://marketclubhouse.club/7Days/">https://marketclubhouse.club/7Days/</a> where you can trade live with him and tap into his wealth of knowledge and experience. You can also catch Rips on his live day trading streams every Monday-Friday at 8 am EST on the Market Clubhouse YouTube channel: <a href="https://www.youtube.com/@MarketClubhouse" title="https://www.youtube.com/@MarketClubhouse">https://www.youtube.com/@MarketClubhouse</a>.
This article is from an unpaid external contributor. It does not represent Benzinga&#39;s reporting and has not been edited for content or accuracy.

Markets

General

AAPL

GOOGL

MSFT

NVDA

TSLA

Market Clubhouse Morning Memo - May 17th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)

HC Wainwright &amp; Co. analyst Mitchell Kapoor reiterates CARISMA Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARM#NASDAQ">CARM</a>) with a Buy and maintains $8 price target.

CARM

HC Wainwright & Co. Reiterates Buy on CARISMA Therapeutics, Maintains $8 Price Target

BRKR

Bruker Shares Down 2.65%, Co. Began Investor Webinar At 10:00 a.m. ET

Wells Fargo analyst Joseph Quatrochi maintains Applied Mat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) with a Overweight and raises the price target from $250 to $255.

AMAT

Wells Fargo Maintains Overweight on Applied Mat, Raises Price Target to $255

Akanda Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAN#NASDAQ">AKAN</a>) shares are trading higher Friday amid increased volaility in marijuana stocks after President Biden announced the Department of Justice is taking the next step towards the reclassification of marijuana from a Schedule I substance <a href="https://www.benzinga.com/markets/cannabis/24/05/38880819/weed-stocks-rally-after-biden-makes-marijuana-reclassification-announcement">to a Schedule III. </a>
The Details:
President Biden <a href="https://twitter.com/POTUS/status/1791152464617431389">posted </a>a video on the social media platform X Thursday with the following caption:&nbsp;
"Too many lives have been upended because of our failed approach to marijuana. So today, the @TheJusticeDept is taking the next step to reclassify marijuana from a Schedule I to a Schedule III drug under federal law."
The Department of Justice reportedly planned to issue a notice of proposed rulemaking on Thursday that would reclassify marijuana to Schedule III after a 60-day public comment period. 
Major players in the marijuana industry, including Canopy Growth Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>), Aurora Cannabis Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACB#NASDAQ">ACB</a>) and Tilray Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLRY#NASDAQ">TLRY</a>), shares rose Thursday on the long-awaited news, but the rally has since cooled.&nbsp;
Akanda shares are racing higher on heavy trading volume Friday with more than 100 million shares already traded early in the session. According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, the stock has a 100-day average volume of 11.329 million shares and a float of 32.016 million shares.
Related News: <a href="https://www.benzinga.com/news/24/05/38878911/whats-going-on-with-faraday-future-intelligent-electric-stock">What&#8217;s Going On With Faraday Future Intelligent Electric Stock?</a>
<h2 class="wp-block-heading">How To Buy AKAN Stock: </h2>
By now you're likely curious about how to participate in the market for Akanda &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so. 
In the the case of Akanda , which is trading at $0.30 as of publishing time, $100 would buy you 333.33 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
AKAN Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Akanda shares are up 137% at 31 cents at the time of publication Friday.
Image: Hvoenok and GOR Photo from Shutterstock

Cannabis

AKAN

TLRY

What's Going On With Cannabis-Producer Akanda's Stock?

Wells Fargo analyst Joseph O'Dea maintains Lennox Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LII#NYSE">LII</a>) with a Overweight and raises the price target from $520 to $550.

Wells Fargo Maintains Overweight on Lennox Intl, Raises Price Target to $550

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Macro Economic Events

Econ #s

Economics

Federal Reserve

Fed's Waller Doesn't Comment On Rate Outlook In Prepared Speech

HC Wainwright &amp; Co. analyst Raghuram Selvaraju reiterates MoonLake (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLTX#NASDAQ">MLTX</a>) with a Buy and maintains $100 price target.

MLTX

HC Wainwright & Co. Reiterates Buy on MoonLake, Maintains $100 Price Target

Wells Fargo analyst Matthew Akers maintains RTX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) with a Overweight and raises the price target from $119 to $141.

Wells Fargo Maintains Overweight on RTX, Raises Price Target to $141

HC Wainwright &amp; Co. analyst Raghuram Selvaraju reiterates Longeveron (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGVN#NASDAQ">LGVN</a>) with a Buy and maintains $12 price target.

LGVN

HC Wainwright & Co. Reiterates Buy on Longeveron, Maintains $12 Price Target

Wells Fargo analyst Michael Blum maintains Array Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARRY#NASDAQ">ARRY</a>) with a Equal-Weight and lowers the price target from $16 to $14.

ARRY

Wells Fargo Maintains Equal-Weight on Array Technologies, Lowers Price Target to $14

Wells Fargo analyst Daniel Politzer maintains Royal Caribbean Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) with a Overweight and raises the price target from $159 to $165.

Wells Fargo Maintains Overweight on Royal Caribbean Gr, Raises Price Target to $165

Brenmiller Energy Ltd.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNRG#NASDAQ">BNRG</a>) shares skyrocketed after&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/b38893160/brenmillers-project-pipeline-expands-to-49-projects-representing-over-500-million-in-potential-val" rel="noreferrer noopener">it announced a record project pipeline as of May 1, 2024.</a>&nbsp;The company has 49 potential contracts worth over $500 million, representing more than 6,000 MWh of zero-emission heat for its bGen ZERO TES systems.
Brenmiller&#8217;s bGen TES technology replaces fossil fuel boilers in industrial and power plants, which account for nearly a quarter of global emissions. The modular, highly configurable system offers scalable, zero-emission heat with 24/7 operational reliability.
Brenmiller is progressing projects in 12 industries, with the&nbsp;largest&nbsp;shares in food and beverage, consumer goods, energy, chemicals, and pharmaceuticals across 13 countries, including the U.S., Spain, Hungary, Israel, and India.&nbsp;
About two-thirds of these projects are equipment sales, and one-third are through an Energy-as-a-Service model, with nearly all converting renewable electricity into process heat.
&#8220;The nearly fifty active project proposals, offers and negotiations our team has going with some of the largest and most innovative industrials and energy companies is great for business, but it&#8217;s even better for the planet,&#8221; commented Brenmiller&#8217;s Chairman and CEO, Avi Brenmiller.&nbsp;
&#8220;Several of these projects are in advanced stages of negotiations and we anticipate that two to four of them may advance into binding, revenue-generating contracts in the coming quarters.&#8221;
Price Action:&nbsp;BNRG shares are trading higher by 29.4% at $2.73 at the last check Friday.