ContextLogic Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wish#NASDAQ">WISH</a>) and Camber Energy Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cei#NYSE">CEI</a>) are two popular stocks on&nbsp;Twitter Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/twtr#NYSE">TWTR</a>)&nbsp;that were moving higher Thursday.
The stocks are favorites among Discord&rsquo;s Atlas Trading Community, led by Twitter influencers Mr.&nbsp;Zack Morris (<a href="https://twitter.com/MrZackMorris">@MrZackMorris on Twitter</a>) and PJ Matlock (<a href="https://twitter.com/PJ_Matlock">@PJ_Matlock on Twitter</a>). Mr. Zack Morris&nbsp;made calls on Twitter for <a href="https://twitter.com/mrzackmorris/status/1407045877684965384?lang=en">WISH to $69</a>&nbsp;and <a href="https://twitter.com/MrZackMorris/status/1441096707345825798">CEI to $3 then $5</a>.
ContextLogic closed Thursday up 3.81% at $6.14 and Camber Energy closed up 30.24% at $1.90.
<h3>Context Logic Daily Chart Analysis</h3>
<ul>
<li>Context Logic looks as though it is possibly breaking out of what technical traders call a falling wedge pattern. The pattern could signal the stock is ready to see a reversal.</li>
<li>The stock has been getting pinched between narrowing highs and lows for a time, and has finally crossed above pattern resistance, hinting the downtrend of the stock may be changing.</li>
<li>The stock trades below the 50-day moving average (green), indicating the stock has been seeing a period of bearish sentiment. This moving average may act as a place of resistance in the future.</li>
</ul>
<img alt="wishdaily9-23-21.jpg" src="https://www.benzinga.com/files/u285825/wishdaily9-23-21.jpg" style="height:400px; width:640px" />
<h3>Camber Energy Daily Chart Analysis</h3>
<ul>
<li>Camber Energy recently broke past an old resistance level and has retested the area as support before it saw a large move Thursday.</li>
<li>The $1.40 level acted as resistance in the past but has since crossed the level and became support. Now, the stock is heading higher toward the next possible strong resistance near previous highs around the $3 level.</li>
<li>The stock trades above both the 50-day moving average (green)&nbsp;and the 200-day moving average (blue), indicating sentiment in the stock is looking bullish.</li>
</ul>
<img alt="ceidaily9-23-21.jpg" src="https://www.benzinga.com/files/u285825/ceidaily9-23-21.jpg" style="height:400px; width:640px" />
<h3>What Do The Charts Say?</h3>
The Context Logic chart shows that the stock will likely not reach $69 anytime soon, but the stock may still reach this area in time. The Camber Energy chart shows that the stock has a good chance to reach the $5 level before Context Logic reaches $69.
Although both stocks have much hype around them, nothing is ever certain and traders should take caution and trade their own plans and not follow others when trading.
Photo: Alexander Shatov via<a href="https://unsplash.com/s/photos/twitter"> Unsplash</a>
&nbsp;

Long Ideas

News

Penny Stocks

Short Ideas

Technicals

Commodities

Markets

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TWTR

WISH

Mr. Zack Morris Tweets 'WISH To $69' And 'Camber Energy To $5': What Do The Charts Say?

COST

Costco Says It Has Chartered 3 Ocean Vessels For The Next Year To Transport Containers Between Asia And U.S. And Canada

Nike CFO Says 'Our Experience With COVID-Related Factory Closures Suggest That Reopening And Ramping Back To Full Production Scale Will Take Time'

Nike CFO Says In Vietnam, Nearly All Footware Factories Remain Closed By Government Mandate

Nike CFO Expects FY Revenue To Rise Mid-Single Digits, Down From Prior Forecast Of Low Double Digit Increase

Nike Says Q1 Results Would Have Been Stronger, If Not For Supply Chain Congestion, Resulting In Lack Of Available Supply

Costco Wholesale Says It Is Putting Some Limitations On Key Items, Like Bath Tissues, Roll Towels, Kirkland Signature Water Related To The Uptick In Delta-Related Demand

Earnings

GHRS

GH Research Q2 2021 G&A Expenses $719K

According to a BBC <a href="https://www.bbc.com/news/technology-58645547">report</a>, Apple&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) threatened to ban&nbsp;Facebook Inc.&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fb#NASDAQ">FB</a>) photo-based social media platform Instagram from its iOS App Store after recent reports of slaves for sale being advertised on the platform.
What Happened:&nbsp;A mid-September&nbsp;Wall Street Journal investigation&nbsp;<a href="https://www.wsj.com/articles/facebook-drug-cartels-human-traffickers-response-is-weak-documents-11631812953">accused</a>&nbsp;Facebook of a weak response to the activities of drug cartels and human traffickers.
Hashtags &mdash; mostly in Arabic &mdash; used by users in Saudi Arabia and Kuwait purportedly featured sale ads for the illegal buying and selling of domestic workers for a few thousand dollars and categorized by race.
The women sold were reportedly deprived of their basic rights, unable to leave and at risk of being sold again in a condition that amounted to slavery. The trades were carried out using multiple apps including Instagram &mdash; owned by Facebook, which allegedly knew about and had been investigating the online slave trade since at least 2018.
After a 2019 BBC report on the issue, Facebook banned the main hashtag used for slave sale ads and banned hundreds of Instagram accounts, but as of press time, the ads are still present under different hashtags. BBC alerted both&nbsp;Alphabet Inc.(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) and Apple of slaves being sold through apps available on their app stores breaching their rules for app developers.
Google said it was &quot;deeply troubled&quot; by the findings while Apple said that it expected the developers &mdash; namely Facebook &mdash; to take &quot;immediate corrective actions.&quot; The activity continuing until the present time resulted in Apple threatening Facebook with the removal of its app from its store.
FB Price Action: Facebook&#39;s stock is seemingly unaffected by the report and gained 0.8% Thursday to close at $345.96.&nbsp;
See Also:&nbsp;<a href="https://www.benzinga.com/money/top-10-blue-chip-stocks/">BEST BLUE CHIP STOCKS</a>

Tech

AAPL

GOOG

GOOGL

Apple Threatens Facebook With Ban Over Instagram Human Trafficking Ads: Report

A new <a href="https://blog.coinbase.com/an-overview-of-the-use-of-cryptocurrencies-in-terrorist-financing-235df6049bc7" style="color:#0563c1; text-decoration:underline">report</a> from Coinbase Global Inc&rsquo;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/coin#NASDAQ">COIN</a>) Special Investigations Team has revealed that three cryptocurrencies &mdash;&nbsp;Bitcoin, Ethereum&nbsp;and XRP &mdash;&nbsp;accounted for more than 98% of terror funding.
What Happened:&nbsp;According to the report,&nbsp;Bitcoin (CRYPTO: BTC) remained the most used cryptocurrency among terrorist organizations&#39;&nbsp;funding efforts over the years. Hamas, a Palestinian Sunni-Islamic fundamentalist group of militants, raised close to $1 million in BTC over time.
&ldquo;This is likely because Hamas actively solicits donations primarily in the form of BTC on their website and related Telegram channels,&rdquo; said Coinbase.
Besides Hamas, al Qaeda and ISIS also received crypto donations solely in the form of Bitcoin.
In fact, it was only in August 2020 that a Saudi-led jihadi activist movement began receiving Ethereum (CRYPTO: ETH), XRP (CRYPTO: XRP), and other ERC-20 tokens as donations.
According to Coinbase, the movement&rsquo;s leader has advocated for the recent Taliban uprising in Afghanistan and appears to have incited violence against governments and countries, including Pakistan, Israel&nbsp;and the U.S. on Twitter.&nbsp;
When Coinbase broke down the movement&#39;s fundraising by currency, it discovered that altcoins were the primary source: XRP accounted for 39.7% of funds, Ethereum and ERC-20 tokens accounted for close to 20%, while Bitcoin made up slightly more than 40% of funds.
&nbsp;
<img alt="" src="https://www.benzinga.com/files/u291444/screenshot_2021-09-23_at_7.59.59_pm.png" style="height:348px; width:565px" />

Despite the anonymity associated with cryptocurrency that would likely make it an ideal choice for financing terrorist-related activities, transactions associated with it made up less than 0.05% of all illicit volume.
Price Action: On Thursday afternoon, Bitcoin was trading at $44,697.27, up 2.75%; Ethereum was trading at $3,143.81,&nbsp;gaining 3.96% over the same period; and&nbsp;XRP gained 0.90% and was trading at $0.99.
Photo:&nbsp;Markus Spiske on Unsplash
&nbsp;

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

Cryptocurrency

Global

$BTC

$ETH

$XRP

COIN

Coinbase Report Finds These Cryptos Were The Most Used For Terror Funding

<a href="https://reliancepartners.com/"><img alt="" src="https://s29755.pcdn.co/wp-content/uploads/2021/02/Reliance-Partners-2-1-3-1.png" /></a>

Following a fatal collision between a tractor-trailer and freight train in Houston earlier this month, drivers are urged to take extra precautions when approaching railroad crossings.

The accident occured when a Kansas City Southern train collided with a truck, resulting in the death of the truck driver, the company said in a <a href="https://www.freightwaves.com/news/truck-driver-killed-in-texas-after-collision-with-freight-train">statement</a>. 

The truck burst into flames upon impact, however, the crew on board the train was not injured. The incident is under investigation.

Harris County Sheriff Ed Gonzalez said in a <a href="https://twitter.com/SheriffEd_HCSO/status/1435596510910156809">tweet</a>, "It appears the truck driver was parked on the tracks, in line with other vehicles, waiting for the traffic when the train was approaching."

Brian Runnels, <a href="https://reliancepartners.com/">Reliance Partners</a>' vice president of safety, said it's a worst-case scenario for drivers to find themselves a sitting duck on the tracks when stuck in traffic. 

"I don't know if the traffic light caught him by surprise or something like that, but drivers should never stop on a train track," Runnels said.

According to the Federal Motor Carrier Safety Administration, under <a href="https://www.law.cornell.edu/cfr/text/49/392.10">49 CFR 392.10</a>, drivers of commercial motor vehicles must stop within 50 feet of but not closer than 15 feet to the tracks. Drivers must then look in each direction along the tracks for an approaching train before discerning whether it's safe to cross, and may only cross in a gear that allows the vehicle to clear the crossing without having to change gears.

Instances in which tracks can be crossed without following such protocols include when the track is marked as abandoned or when an industrial or spur line railroad grade crossing is marked by an "Exempt" sign erected by the consent of the appropriate state or local authority.

Among other exceptions listed, a stop need not be made when a police officer or flagman directs traffic to proceed or when a railroad grade crossing controlled by a functioning highway traffic signal is transmitting a green indication.

Despite the rules, however, collisions between trucks and trains continue to make headlines. More often than not, it comes down to poor judgment on behalf of the driver.

A trucker last month in Greeneville, Tennessee, <a href="https://www.wjhl.com/news/local/train-collides-with-tractor-trailer-on-snapps-ferry-road/">blamed a bush</a> for blocking his view when he made the decision to pull out in front of a train. No one was injured in the ensuing collision.

In a more serious case, a lack of judgment resulted in a train derailment near Fremont, Nebraska, earlier this month. A side dump trailer hauling dirt <a href="https://fremonttribune.com/news/local/train-derails-east-of-fremont-after-striking-tractor-trailer/article_e93d19c2-d77e-5221-b1ea-710443bffe9f.html">failed to clear the tracks in time</a> when it was struck by a Union Pacific train. 

No one was injured, but the truck and trailer were deemed total losses. The derailed train was expected to be on the track for an "undetermined" amount of time until Union Pacific can get the train back on, a Dodge County sheriff's deputy said at the time.

<a href="https://reliancepartners.com/"><img alt="" src="https://s29755.pcdn.co/wp-content/uploads/2020/07/Reliance-Partners-2-2.jpg" /></a>

Recounting his time on the road, the veteran Runnels spoke of his experience dealing with train tracks. He said it all comes down to your adeptness at gauging distance. Do you have enough space to clear the track in this traffic without getting stuck?

"Make sure your landing gear is all the way up, and pay attention to your surroundings" when approaching railroad crossings, Runnels urged. "If there's a rise in the concrete, see if it's all gouged and tore up."

Runnels said that scratch marks in the pavement are a good indicator that the crossing has a history of beaching trucks. Many train crossings are elevated to an extent above the roadway, which can spell trouble for low-hanging equipment like trailers' landing gear, posing a snagging risk on the hill. 

The problem isn't so much that the landing gear is stuck, but that it vaults the vehicle just far enough off the ground that the drive tires cannot gain traction, Runnels explained. The predicament makes it hard to move the truck either forward or backward.

"Some trailers have landing gear that doesn't go up as high as other ones," Runnels said. "I've had landing gear hanging 16 to 18 inches off the ground, while others have been perched barely 10 to 12 inches off the ground, leaving you without a lot of leeway for going over something like tracks."

"Drivers must always roll up the landing gear as far as it'll go; never leave the landing gear down."

More from FreightWaves on railroad crossing safety:

<a href="https://www.freightwaves.com/news/what-do-laws-say-about-commercial-vehicles-crossing-railroads">What do laws say about commercial vehicles crossing railroads?</a>

<a href="https://www.freightwaves.com/news/most-dangerous-railroad-crossings-for-us-truckers">Most dangerous railroad crossings for US truckers</a>

More from Reliance Partners:

<a href="https://www.freightwaves.com/news/develop-a-blueprint-for-policies-and-procedures">Develop a blueprint for policies and procedures</a>

<a href="https://www.freightwaves.com/news/a-true-safety-culture-gives-everyone-a-voice">A true safety culture gives everyone a voice</a>

<a href="https://www.freightwaves.com/news/reliance-partners-celebrates-6th-straight-year-on-inc-5000-list">Reliance Partners celebrates 6th-straight year on Inc. 5000 list</a>

Image by <a href="https://pixabay.com/users/amber_avalona-1512238/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=1008168">Amber Avalona</a> from <a href="https://pixabay.com/?utm_source=link-attribution&amp;utm_medium=referral&amp;utm_campaign=image&amp;utm_content=1008168">Pixabay</a>

General

Railroad Crossings Require Extra Precautions, Good Judgment

It&#39;s been about four months since Biogen, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/biib#NASDAQ">BIIB</a>) <a href="https://www.benzinga.com/general/biotech/21/06/21455132/biogen-gets-fda-nod-for-controversial-alzheimers-drug-first-treatment-approval-for-the-disease-in">received</a> approval for its controversial Alzheimer&#39;s treatment Aduhelm. The initial broad approval was later narrowed by the FDA.
The &quot;Aduhelm opportunity&quot; for the biopharma is underappreciated, an analyst said Thursday.&nbsp;
The Biogen Analyst: Needham&#39;s Ami Fadia initiated coverage of <a href="https://www.benzinga.com/analyst-ratings/21/09/22974657/expert-ratings-for-biogen">Biogen</a> with a Buy rating and $400 price target.
The Biogen Takeaways: Aduhelm sales may take time to ramp up and may miss consensus estimates in the near term, but it could rake in worldwide sales of over $6 billion in 2026, Fadia said in a note.
Insurance coverage could be a hurdle for adoption initially, the analyst said. Given the large market opportunity and the significant unmet need, Aduhelm will be a &quot;significant blockbuster,&quot; she said.
Related Link: <a href="https://www.benzinga.com/general/biotech/21/07/21895021/fda-narrows-label-to-recommend-use-of-biogens-aduhelm-in-mild-alzheimers-patients">FDA Narrows Label To Recommend Use Of Biogen&#39;s Aduhelm In Mild Alzheimer&#39;s Patients</a>
Needham&#39;s survey of physicians suggests that, while a majority of use is expected to be in patients with mild impairment, some with moderate and severe diseases will use it as well.
The base business will decline by about 8% per year from 2020 through 2026, mainly driven by the decline in the multiple sclerosis franchise, Fadia said, adding that this&nbsp;is discounted by the Street.&nbsp;
Other upcoming catalysts for Biogen include:
<ul>
<li>CMS&#39;s preliminary national coverage decision on Ahuhelm, due in January, and final decision due in the second quarter of 2022</li>
<li>SAGE-217 Phase 3 CORAL and SHORELINE data, due year-end 2021</li>
<li>Tofersen Phase data, due in 2021</li>
<li>SB11 regulatory decisions by FDA and EMA in the second half of 2021 and</li>
<li>Tysabri Phase 3/4 NOVA Study data due in 2021</li>
</ul>
BIIB Price Action: Biogen shares gained 1.34% in Thursday&#39;s session, closing at $293.20.&nbsp;

Analyst Color

Biotech

Health Care

Price Target

Initiation

Analyst Ratings

BIIB

Aduhelm's 'Blockbuster Potential' Is Underappreciated, Says Biogen Analyst

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 proposed underwritten block trade (the &quot;Offering&quot;) 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;). The shares will be offered from time to time for sale through negotiated transactions or otherwise at market prices prevailing at the time of sale. Magnolia will not sell any shares of its Class A Common Stock in the Offering and will not receive any proceeds from the sale by the Selling Stockholders of shares of Class A Common Stock.
In connection with the Offering, the Company intends 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.

EnerVest Proposed Block Trade Of 7.5M Shares Of Class A Common Stock Of Magnolia

&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3301169-1&amp;h=2634243084&amp;u=https%3A%2F%2Fwww.ball.com%2Fna&amp;a=Ball+Corporation" target="_blank">Ball Corporation</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLL#NYSE">BLL</a>) announced today plans to build a new U.S. aluminum beverage packaging plant in&nbsp;North Las Vegas, Nevada. The multi-line plant is scheduled to begin production in late 2022 and is expected to create nearly 180 manufacturing jobs when fully operational.
&quot;Our new&nbsp;North Las Vegas&nbsp;plant is Ball&#39;s latest investment to serve accelerating demand for our portfolio of infinitely recyclable aluminum containers,&quot; said&nbsp;Kathleen Pitre, president, Ball beverage packaging North &amp;&nbsp;Central America. &quot;The new plant is supported by numerous long-duration contracts for committed volume with our strategic global partners and regional customers and will enable us to serve customer and consumer needs for more sustainable aluminum beverage packaging while furthering our Drive for 10 vision.&quot;
Ball plans to invest nearly&nbsp;$290 million&nbsp;in its&nbsp;North Las Vegas&nbsp;facility over multiple years. The plant will supply a range of innovative can sizes to a variety of beverage customers. Infinitely recyclable and economically valuable, aluminum cans, bottles and cups enable a truly circular economy in which materials can be and actually are used again and again. In fact,&nbsp;75 percent&nbsp;of all aluminum ever produced is still in use today.
Ball chose the&nbsp;North Las Vegas&nbsp;location for its new facility due to its proximity to customer can-filling investments, increasing regional demand, the infrastructure in place, the regional labor base and the cooperation of state and local officials. Join us in leading the sustainability revolution. For more information about job opportunities at Ball&#39;s planned&nbsp;North Las Vegas&nbsp;plant or at any other location, visit&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3301169-1&amp;h=1823026500&amp;u=https%3A%2F%2Fjobs.ball.com%2F&amp;a=jobs.ball.com" target="_blank">jobs.ball.com</a>.&nbsp;Apply now and be unstoppable at Ball.

Ball Announces New U.S. Beverage Can Plant In Nevada; Plans To Invest Nearly $290M In North Las Vegas Facility

Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mara#NASDAQ">MARA</a>), traded higher on Thursday amid modest gains in Bitcoin and Ethereum prices.
The <a href="https://www.benzinga.com/money/best-cryptocurrency/">cryptocurrency</a> markets may also be gaining and holding steady along with broader indexes following the Federal Open Market Committee&#39;s two-day policy meeting this week. The Fed decided to keep rates unchanged Wednesday.
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) were trading 1.3% and 0.6% higher, respectively.&nbsp;
Meanwhile, Dogecoin (CRYPTO: DOGE) is trading 1.4% lower at $0.222487 for the day.
Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency <a href="https://www.benzinga.com/money/best-blockchain-penny-stocks/">blockchain</a> segment and its cryptocurrency machines are located in Canada.
Marathon Digital has a 52-week high of $57.75 and a 52-week low of $1.48.

$DOGE

MARA

Why Marathon Digital Gained On Thursday

Norway has become the first Western country whose central bank has raised interest rates since the start of the COVID-19 pandemic.
What Happened: The Monetary Policy and Financial Stability Committee of Norges Bank&nbsp;voted unanimously to raise the policy rate from 0% to 0.25%. The central bank cited Norwegian economic activity was now above its pre-pandemic level while unemployment continues to fall and a successful COVID-19 vaccination rollout has reduced the need for pandemic protocol restrictions.
&ldquo;A normalizing economy now suggests that it is appropriate to begin a gradual normalization of the policy rate,&rdquo; said Norges Bank Governor &Oslash;ystein Olsen.
Olsen added the rate &ldquo;will most likely be raised further in December&rdquo; if current conditions continue to improve.
See Also: <a href="https://www.youtube.com/watch?v=z15mcn3xa14">What Is NFT? Asking People On The Street</a>
What Else Happened: The Norwegian decision follows actions by the central banks in Brazil, Chile, Mexico, Peru, Russia and South Korea to initiate rate hikes this year.
In the U.S., Federal Reserve Chairman Jerome Powell stated the central bank could begin scaling back asset purchases in November, but this long-awaited tapering would not be accompanied by a rate hike.
&ldquo;The timing and pace of the coming reduction in asset purchases will not be intended to carry a direct signal regarding the timing of interest-rate liftoff,&rdquo; he said yesterday after two-day meeting of the Federal Open Market Committee.
Photo by <a href="https://unsplash.com/@markkoenig?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Mark K&ouml;nig</a> on <a href="https://unsplash.com/s/photos/norway-flag?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a>

Government

Federal Reserve

Why Did Norway Become The First Western County To Raise Interest Rates Since The Pandemic Started?

ACST

Acasti Pharma Shares Move Higher; Co Reports Form3 Filing

Crain Communications,&nbsp;one of the world&rsquo;s largest&nbsp;global business media conglomerates,&nbsp;has acquired the Green Market Report, a digital media brand that covers financial news connected to the booming&nbsp;cannabis industry.
The terms of the sale, including price, were not disclosed. The acquisition will be finalized Sept. 30, 2021, according to Forbes.
The New York-based Green Market Report was launched in 2017 by&nbsp;co-founders Debra Borchardt, a financial journalist and former Wall Street executive, and Cynthia Salarizadeh, a public relations expert and cannabis industry insider.&nbsp;
Since its inception, Green Market Report has been viewed by journalists as well as investors as among the&nbsp;most trusted business news sources in the cannabis media industry.
Right Move At The Right Time
The entry of a&nbsp;traditional media conglomerate like Michigan-based&nbsp;Crain Communications into the dynamic world of cannabis is yet another indication that the mainstream media, not to mention a slew of corporations including Wall Street companies,&nbsp;are apparently&nbsp;confident that&nbsp;federal legalization may happen sooner rather than later.&nbsp;
Successful Run But Challenging
&quot;I am truly excited about the future of the Green Market Report,&rdquo; Borchardt said.&nbsp;&ldquo;With Crain&#39;s resources and expertise, we will be able to grow and expand. It has certainly been a challenge, but we are so proud of what we built. By staying true to our mission of unbiased, quality journalism we grabbed the attention of the mainstream media and showed them the importance of the cannabis industry.&rdquo;&nbsp;
The Green Market Report includes a network of freelance journalists and garners 150,000 monthly page views, by its own account.

Cannabis

Movers & Shakers

Media

Crain Communications Acquires Cannabis Media Outlet Green Market Report

U.S.&nbsp;indices were trading higher and continuing to gain as investors weigh Wednesday&#39;s Fed decision to keep rates unchanged. Markets also rebounded&nbsp;following recent weakness driven by China volatility.
<ul>
<li>The SPDR S&amp;P 500 ETF Trust (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/spy#NASDAQ">SPY</a>) lost 1.22% to $443.18</li>
<li>The Invesco QQQ Trust Series 1 (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>) gained 0.92% to $372.98</li>
<li>The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dia#NASDAQ">DIA</a>) gained 1.48% to $347.56</li>
</ul>
Here are the day&#39;s winners and losers from the Nasdaq-100, according to data from <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Marriott International Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mar#NASDAQ">MAR</a>), Moderna Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrna#NASDAQ">MRNA</a>) and NVIDIA Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) were among the top gainers for the Nasdaq-100 Thursday.
Sea Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/se#NYSE">SE</a>), Zoom Video Communications Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zm#NASDAQ">ZM</a>) and American Electric Power Company Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aep#NASDAQ">AEP</a>) were among the top losers for the Nasdaq-100.
<h3>Elsewhere On The Street</h3>
Despite significant optimism about green energy following the November 2020 U.S. election, the Invesco Solar ETF (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tan#NASDAQ">TAN</a>) is down 19% year-to-date in 2021&hellip; <a href="https://www.benzinga.com/analyst-ratings/analyst-color/21/09/23076055/why-there-is-an-alarming-decline-in-us-solar-panel-imports">Read More</a>
Many companies create their name based on the founder or the key sector the company competes in. Over time, as the company changes leadership and expands into other areas, the name no longer fits&hellip; <a href="https://www.benzinga.com/news/21/09/23059868/9-companies-that-changed-their-iconic-names">Read More</a>
Definitive Healthcare Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dh#NASDAQ">DH</a>) priced its IPO at $27 per share. On Sept. 15, the company made its public debut and the stock opened for trading at $37.50&hellip; <a href="https://www.benzinga.com/general/health-care/21/09/23053903/exclusive-how-definitive-healthcare-is-impacting-4-trillion-industry">Read More</a>

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