White River Energy (OTC:WTRV) Stock, Quote.Headers.trade-ideas

White River Energy Corp is engaged in oil and gas exploration, production and drilling operations. The company operates over 30,000 cumulative acres of active oil and gas mineral leases in Louisiana and Mississippi.

WHITE RIVER ENERGY CORP by White River Energy Corp.

White River Energy Corp

White River Energy Corp arrants (29/09/2028)

<a href="https://x.com/hntrbrkmedia/status/1842207710009237818" title="https://x.com/hntrbrkmedia/status/1842207710009237818">https://x.com/hntrbrkmedia/status/1842207710009237818</a>

Trading Ideas

Shares Of Ferroglobe Seeing Volume, Hunterbrook Post On X, "Hunterbrook Capital is long Ferroglobe Plc…"

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>HSBC analyst Sean McLoughlin downgraded the rating for GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) from Buy to Hold but raised the price target from $240 to $255. GE Vernova shares gained 1% to close at $254.68 on Thursday. <a href="https://www.benzinga.com/quote/GEV/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Macquarie analyst Eugene Hsiao downgraded Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) from Outperform to Neutral but increased the price target from $25 to $33. Li Auto shares fell 3.6% to close at $28.82 on Thursday. <a href="https://www.benzinga.com/quote/LI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities analyst Joshua Shanker downgraded the rating for Chubb Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>) from Neutral to Underperform but raised the price target from $264 to $275. Chubb shares fell 1% to close at $288.54 on Thursday. <a href="https://www.benzinga.com/quote/CB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities analyst Jake Bartlett downgraded Dine Brands Global, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIN#NYSE">DIN</a>) from Buy to Hold and lowered the price target from $66 to $37. Dine Brands Global shares fell 2.9% to close at $33.55 on Thursday. <a href="https://www.benzinga.com/quote/DIN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Christopher LeFemina downgraded the rating for BHP Group Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHP#NYSE">BHP</a>) from Buy to Hold and slashed the price target from $72 to $68. BHP Group shares fell 2.5% to close at $60.89 on Thursday. <a href="https://www.benzinga.com/quote/BHP/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying LI stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="520" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04090804/image-21-1024x520.png" alt="" class="wp-image-580717" style="width:571px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04090804/image-21-1024x520.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04090804/image-21-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04090804/image-21-768x390.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/04090804/image-21.png 1345w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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<li><a href="https://www.benzinga.com/news/earnings/24/10/41180069/dow-tumbles-nearly-200-points-amid-growing-middle-east-concerns-investor-optimism-declines-fear-ind">Dow Tumbles Nearly 200 Points Amid Growing Middle East Concerns: Investor Optimism Declines, Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

News

Downgrades

Analyst Ratings

This Li Auto Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

Roth MKM analyst Matt Koranda reiterates Kits Eyecare (TSX:<a class="ticker" href="https://www.benzinga.com/stock/KITS#TSX">KITS</a>) with a Buy and maintains C$14 price target.

Price Target

Reiteration

TSX:KITS

Roth MKM Reiterates Buy on Kits Eyecare, Maintains C$14 Price Target

As adult-use cannabis markets gain traction across the U.S., medical marijuana — a cornerstone of early cannabis reform — seems to be losing its place in policy discussions. 
Despite its importance, the focus on adult-use legalization has overshadowed the medical marijuana conversation, raising concerns within the industry.
Brandon Harshbarger, president of Cheech and Chong Global Holdings, discussed this shift in an interview before his appearance at the <a href="https://www.benzinga.com/events/cannabis-conference/">Benzinga Cannabis Capital Conference</a>.
<h1 class="wp-block-heading">Medical Cannabis: The Forgotten Pillar</h1>
Harshbarger emphasized the centrality of medical marijuana in the initial stages of cannabis reform. 
&#8220;One of the things I hold most dear to my heart, and it is part of the ethos of this company, is that cannabis is medicine,&#8221; he stated. However, as recreational cannabis markets expanded, the focus on medical use diminished.
He attributed this shift, in part, to regulatory challenges posed by the FDA regarding health claims surrounding cannabis. But more importantly, he pointed to a growing market demand for casual cannabis consumption, which he believes has driven the industry's current trajectory.
&#8220;Unfortunately, when recreational programs started to take off, part of that strategy meant a reduction in emphasis on the medicinal qualities of cannabis,&#8221; Harshbarger noted. The increased access brought about by recreational markets, he explained, has made it easier for consumers to view cannabis in a more casual light, which in turn has fueled the industry's growth.
<h1 class="wp-block-heading">Balancing Access with Mission</h1>
While the industry has moved toward adult use, Harshbarger remains committed to expanding access for all medical or recreational consumers. &#8220;Our mission in cannabis is simple: access for everyone, in every market,&#8221; he said. He acknowledged that the evolution of the cannabis industry has allowed for greater availability of cannabis products. Still, he expressed concern that this shift has led to losing focus on the medical benefits that initially sparked legalization efforts.
&#8220;In some markets, that is medicinal, but in others, hemp-derived products have shown that when access to cannabis occurs at scale, the benefits are even greater than we could have ever imagined,&#8221; Harshbarger added, underscoring the potential of cannabis across all markets and forms.
<h1 class="wp-block-heading">The Road Ahead</h1>
As cannabis policy continues to evolve, Harshbarger remains hopeful that medical marijuana will regain its prominence in policy discussions. He believes that while adult-use markets are essential for industry growth, the medical cannabis community should not be forgotten. 
For Harshbarger, the future of cannabis lies in balancing both markets, ensuring that all consumers, whether casual or medical, have access to the products they need.
Photo: Courtesy of Roxana Gonzalez on Shutterstock

Cannabis

Events

Exclusives

Interview

Cheech And Chong Global Holdings President On Importance Of Medical Marijuana: 'Cannabis Is Medicine'

Roth MKM analyst Bill Kirk reiterates Constellation Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STZ#NYSE">STZ</a>) with a Buy and maintains $298 price target.

Roth MKM Reiterates Buy on Constellation Brands, Maintains $298 Price Target

Spirit Airlines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>) shares are moving lower on Friday following a report suggesting that the company is exploring the possibility of <a href="https://www.benzinga.com//node/41182466">filing for bankruptcy</a>.
The Details: According to the <a href="https://www.wsj.com/articles/spirit-airlines-in-talks-with-bondholders-over-terms-of-potential-bankruptcy-filing-fdd23fae">Wall Street Journal</a>, Spirit has been in talks with bondholders and creditors regarding support for a Chapter 11 bankruptcy.
This comes after a federal district court judge blocked the company&#8217;s merger with JetBlue back in January. The two airlines have abandoned the potential merger, citing that they likely could not overcome legal and regulatory challenges.
Following the ruling, Spirit has begun shrinking its operations, cutting dozens of routes for November and December. Also, the airline plans to shrink its capacity by almost 20% during the fourth quarter.
Spirit has reported losses in almost every quarter since February 2020, per data from<a href="https://www.benzinga.com/pro/"> Benzinga Pro</a>. For the 2024 fiscal-year second quarter, the company reported an adjusted net loss of $157.9 million.
Is Spirit A Good Stock To Buy?
An investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages &#8211; like <a href="https://www.benzinga.com/quote/SAVE">Spirit Airlines</a>&#8216;s page for example &#8211; there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.
These are known as capital allocation programs. Spirit Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>) does not pay a dividend, but obviously has a few ways it can return value to shareholders. Feel free to search Benzinga's <a href="https://www.benzinga.com/calendars/dividends">dividend calendar</a> for the next company that is due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.
For example, if you're looking to earn an annualized return of 14.96%, you'll need to buy a share of XAI Octagon FR &amp; Alt Inc by the Oct. 15, 2024. Once done, you can expect to receive a nominal payout of $0.09 on Nov. 1, 2024.
Buyback programs are obviously different and highly variable. A company can approve a buyback program and purchase shares as it sees fit over the course of time in which the buyback was authorized. Looking through the latest news on <a href="https://www.benzinga.com/quote/SAVE">Spirit Airlines</a> will often yield whether or not the company has approved a buyback program recently. Buyback programs usually serve as a support for share prices, serving as a backstop for demand.
Related Link: <a href="https://www.benzinga.com/news/24/10/41124443/whats-going-on-with-delta-united-and-spirit-airlines-shares-tuesday">What&#8217;s Going On With Delta, United and Spirit Airlines Shares Tuesday?</a>
SAVE Price Action: At the time of writing, Spirit stock is trading 26.8% lower at $1.63, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Photo via Wikimedia Commons

Movers

SAVE

What's Going On With Spirit Airlines Stock Friday?

Wells Fargo analyst Ken Gawrelski maintains Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) with a Overweight and lowers the price target from $15 to $14.

SNAP

Wells Fargo Maintains Overweight on Snap, Lowers Price Target to $14

NHS England has proposed a phased rollout of tirzepatide, a promising weight-loss drug, to benefit patients most likely to achieve significant clinical outcomes.
Tirzepatide, branded as Mounjaro and produced by Eli Lilly And Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>), has shown remarkable results in clinical trials. It offers greater weight loss than existing therapies like Novo Nordisk A/S&#8217; (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NVO#NYSE">NVO</a>) and Ozempic (semaglutide).
In the SURMOUNT-4 trial, patients lost an average of 20.9% of their body weight in 36 weeks.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/biotech/24/10/41168351/popular-weight-loss-drugs-like-ozempic-show-gap-between-clinical-trial-promises-and-real-world-us" rel="noreferrer noopener">Popular Weight Loss Drugs Like Ozempic Show Gap Between Clinical Trial Promises And Real-World Use, Study Reveals</a>.
The plan, currently under consultation, <a target="_blank" href="https://www.nice.org.uk/news/articles/consultation-on-nhs-england-proposals-for-a-phased-launch-of-obesity-injection" rel="noreferrer noopener">aims</a> to test various medication delivery models before expanding its availability.
Under draft guidance from an independent committee at the National Institute for Health and Care Excellence (NICE), tirzepatide has been recommended for patients living with obesity, with a maximum list price of 122 pounds ($159.6) per month for the highest dose.
The phased launch will integrate tirzepatide into community-based services and digital health platforms to expand accessibility.
The rollout will target up to 240,000 people in the first three years and evaluate cost-effective delivery models, including virtual clinics.
Eligible patients will be categorized based on their BMI and related health conditions. Initially, those with a BMI above 40 and three or more weight-related conditions, such as hypertension and cardiovascular disease, will qualify.
Obesity is a significant challenge for the NHS, with annual treatment costs reaching 11.4 billion pounds ($14.91 billion).
According to the Health Survey for England 2022, about 64% of adults in the country are overweight or obese.
The consultation period for the rollout plan is currently open, with final guidance from NICE expected later this year.
Earlier this week, Eli Lilly announced a&nbsp;$4.5 billion&nbsp;investment to create the Lilly Medicine Foundry, a new center for advanced manufacturing&nbsp;and drug development, as the company inches closer to becoming the first pharma company <a target="_blank" href="https://www.benzinga.com/general/biotech/24/10/41141028/eli-lilly-invests-4-5b-in-new-medicine-foundry-for-advanced-drug-manufacturing-to-push-us-pharma-" rel="noreferrer noopener">in the $1 trillion club</a>.
Price Action: LLY stock is down 0.23% at $883.56 at the last check Friday.
Read Next:
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<li><a href="https://www.benzinga.com/general/biotech/24/10/41184148/novo-nordiskastrazenecas-manufacturing-partner-thermo-fisher-questioned-over-manufacturing-lapses" target="_blank" rel="noreferrer noopener">Novo Nordisk/AstraZeneca&#8217;s Manufacturing Partner Thermo Fisher Questioned Over Manufacturing Lapses</a>.</li>
</ul>
Photo via Company

Biotech

Government

Large Cap

Health Care

General

England's NHS Proposes Phased Rollout of Eli Lilly's Mounjaro, Considers Digital Services to Boost Access

JMP Securities analyst Nicholas Jones reiterates Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) with a Market Outperform and maintains $265 price target.

AMZN

JMP Securities Reiterates Market Outperform on Amazon.com, Maintains $265 Price Target

Wells Fargo analyst Ken Gawrelski maintains DoorDash (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>) with a Equal-Weight and raises the price target from $127 to $142.

DASH

Wells Fargo Maintains Equal-Weight on DoorDash, Raises Price Target to $142

TeraWulf Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WULF#NASDAQ">WULF</a>) shares are trading lower Friday after the company released its September Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) mining update. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/10/g41183024/terawulf-announces-september-2024-production-and-operations-update">details from the report.</a>
The Details: TeraWulf mined 176 bitcoin in September, marking an average production rate of approximately 5.9 bitcoin per day. The company&#8217;s operational self-mining capacity remained at approximately 10.0 EH/s, and the average power cost per bitcoin mined was $35,109 in September.
Read Next: <a href="https://www.benzinga.com/news/large-cap/24/10/41169979/whats-going-on-with-nvidia-stock">Nvidia Shares Are Moving Higher: What&#8217;s Happening?</a>
&#8220;During September, TeraWulf mined 176 bitcoin, maintaining an average production rate of approximately 6 bitcoin per day,&#8221; said Sean Farrell, Senior Vice President of Operations at TeraWulf. &#8220;We are currently implementing large-scale PSU replacements and ventilation upgrades in miner building 3, &#8220;MB-3&#8243;, to enhance performance as cooler fall temperatures arrive.&#8221;
What Else: On Thursday, TeraWulf <a href="https://www.benzinga.com/pressreleases/24/10/g41173394/terawulf-monetizes-equity-interests-in-nautilus-joint-venture-to-fuel-expansion-of-hpcai-and-bitco">announced the closing</a> of the sale of its 25% equity interest in the Nautilus facility for a total consideration of approximately $92 million. The company said it plans to reinvest this capital into the construction of the 20 MW CB-1 facility at Lake Mariner.&nbsp;
"This strategic reinvestment strengthens our ongoing initiatives, including the successful completion of our 2 MW &#8216;WULF Den&#8217; proof-of-concept for WULF Compute, designed for high-density GPU workloads. Construction of CB-1, our 20 MW HPC/AI facility at Lake Mariner, is on track, with completion expected in Q1 2025. We&#8217;ve also secured long-lead items for CB-2, a 50 MW AI/HPC facility, to ensure timely completion in early Q2 2025," Farrell said.&nbsp;
<h3 class="wp-block-heading">How To Buy WULF Stock:</h3>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in TeraWulf's case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
WULF Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, TeraWulf shares are down 5.20% at $4.45 at the time of publication Friday.
Read Also:
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41176088/what-happened-with-vistra-constellation-energy-stocks-today">What Happened With Vistra, Constellation Energy Stocks Today?</a></li>
</ul>
Image: Shutterstock&nbsp;

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

Cryptocurrency

$BTC

WULF

Bitcoin Miner TeraWulf Releases September Mining Update: Details

Financial giants have made a conspicuous bearish move on Meta Platforms. Our analysis of options history for Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) revealed 44 unusual trades.
Delving into the details, we found 31% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 23 were puts, with a value of $1,205,081, and 21 were calls, valued at $2,327,839.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $300.0 to $705.0 for Meta Platforms over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Meta Platforms's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Meta Platforms's significant trades, within a strike price range of $300.0 to $705.0, over the past month.
<h3>Meta Platforms Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728051377_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>META</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$4.8</td>
<td>$4.7</td>
<td>$4.8</td>
<td>$600.00</td>
<td>$884.6K</td>
<td>5.8K</td>
<td>5.2K</td>
</tr>
<tr>
<td>META</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$2.39</td>
<td>$2.29</td>
<td>$2.36</td>
<td>$590.00</td>
<td>$249.7K</td>
<td>6.8K</td>
<td>4.0K</td>
</tr>
<tr>
<td>META</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$2.26</td>
<td>$2.19</td>
<td>$2.19</td>
<td>$585.00</td>
<td>$181.4K</td>
<td>506</td>
<td>8.7K</td>
</tr>
<tr>
<td>META</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/18/26</td>
<td>$320.15</td>
<td>$320.1</td>
<td>$320.1</td>
<td>$300.00</td>
<td>$160.0K</td>
<td>258</td>
<td>0</td>
</tr>
<tr>
<td>META</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/04/24</td>
<td>$2.74</td>
<td>$2.71</td>
<td>$2.74</td>
<td>$585.00</td>
<td>$155.0K</td>
<td>506</td>
<td>14.3K</td>
</tr>
</tbody>
</table>

<h3>About Meta Platforms</h3>
Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.
After a thorough review of the options trading surrounding Meta Platforms, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Where Is Meta Platforms Standing Right Now?</h3>
<ul>
<li>With a trading volume of 2,522,731, the price of META is up by 0.31%, reaching $584.58.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 26 days from now.</li>
</ul>
<h3>Expert Opinions on Meta Platforms</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $706.6.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Overweight rating on Meta Platforms, which currently sits at a price target of $652. 
&#x2A; An analyst from B of A Securities persists with their Buy rating on Meta Platforms, maintaining a target price of $630. 
&#x2A; An analyst from Rosenblatt has decided to maintain their Buy rating on Meta Platforms, which currently sits at a price target of $811. 
&#x2A; An analyst from Pivotal Research has revised its rating downward to Buy, adjusting the price target to $780. 
&#x2A; Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Overweight with a new price target of $660.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Meta Platforms options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

Spotlight on Meta Platforms: Analyzing the Surge in Options Activity

Iris Energy Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) shares are trading higher Friday after the company released its September investor update. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/10/g41184132/september-2024-monthly-investor-update">details from the report</a>.
The Details:
Iris Energy mined 347 Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) in September and achieved a 42% increase in revenue to $21.4 million for the month. The increased revenue reflects the company's ramp-up in capacity through September which now stands at 21 EH/s installed. The company expects to reach a capacity of 31 EH/s in the fourth quarter of 2024.&nbsp;
Iris Energy reported electricity costs of $23,000 per Bitcoin, a 21% reduction from the previous month, reflective of the company's improving fleet efficiency.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/large-cap/24/10/41169979/whats-going-on-with-nvidia-stock">Nvidia Shares Are Moving Higher: What&#8217;s Happening?</a>
The company said it purchased an additional 1,080 NVIDIA H200 GPUs, bringing its totalGPU fleet to 1,896 GPUs in its AI Cloud Services segment.&nbsp;Iris Energy's stock is up following the September investor update and trading just above its 50-day moving average of $8.03, according to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>. Cantor Fitzgerald analyst Brett Knoblauch reiterated an Overweight rating on the stock and maintained a $20 price target on Thursday.
<h3 class="wp-block-heading">Will IREN Stock Go Up? </h3>
When trying to assess whether or not Iris Energy will trade higher from current levels, it's a good idea to take a look at analyst forecasts. 
Wall Street analysts have an average 12-month price target of $16.5 on Iris Energy. The Street high target is currently at $26 and the Street low target is $9.50. Of all the analysts covering Iris Energy, 16 have positive ratings, no one has neutral ratings and no one has negative ratings.
In the last month, 4 analysts have adjusted price targets. Here's a look at recent price target changes <a href="https://www.benzinga.com/quote/IREN/analyst-ratings">[Analyst Ratings]</a>. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering Iris Energy have performed in recent history. 
Stocks don't move in a straight line. The average stock market return is approximately 10% per year. Iris Energy is 15.29% up year-to-date. The average analyst price target suggests the stock could have further upside ahead.
For a broad overview of everything you need to know about Iris Energy, visit <a href="https://www.benzinga.com/quote/IREN">here</a>. If you want to go above and beyond, there's no better tool to help you do just that than <a href="https://pro.benzinga.com/">Benzinga Pro</a>. Start your free trial today.
IREN Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Iris Energy shares are up 3.89% at $8.14 at the time of publication Friday.
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</ul>
Image: Shutterstock&nbsp;

IREN

Bitcoin Miner Iris Energy Releases September Update: What To Know

Deep-pocketed investors have adopted a bullish approach towards JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in JPM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for JPMorgan Chase. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 46% leaning bullish and 46% bearish. Among these notable options, 4 are puts, totaling $332,489, and 9 are calls, amounting to $434,140.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $150.0 and $220.0 for JPMorgan Chase, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for JPMorgan Chase's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of JPMorgan Chase's whale activity within a strike price range from $150.0 to $220.0 in the last 30 days. 
<h3>JPMorgan Chase Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728051372_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$3.05</td>
<td>$2.75</td>
<td>$2.83</td>
<td>$150.00</td>
<td>$169.8K</td>
<td>222</td>
<td style="text-align: right;">600</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$10.9</td>
<td>$10.6</td>
<td>$10.6</td>
<td>$200.00</td>
<td>$106.0K</td>
<td>4.0K</td>
<td style="text-align: right;">606</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$2.8</td>
<td>$2.74</td>
<td>$2.74</td>
<td>$195.00</td>
<td>$102.9K</td>
<td>4.5K</td>
<td style="text-align: right;">378</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.85</td>
<td>$6.75</td>
<td>$6.75</td>
<td>$220.00</td>
<td>$70.8K</td>
<td>6.4K</td>
<td style="text-align: right;">113</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$8.2</td>
<td>$8.0</td>
<td>$8.13</td>
<td>$205.00</td>
<td>$49.5K</td>
<td>271</td>
<td style="text-align: right;">75</td>
</tr>
</tbody>
</table>

<h3>About JPMorgan Chase</h3>
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4.1 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
After a thorough review of the options trading surrounding JPMorgan Chase, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>JPMorgan Chase's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,719,729, with JPM's price up by 2.12%, positioned at $208.3.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 7 days.</li>
</ul>
<h3>What Analysts Are Saying About JPMorgan Chase</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $227.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Oppenheimer continues to hold a Outperform rating for JPMorgan Chase, targeting a price of $234. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Overweight rating on JPMorgan Chase, which currently sits at a price target of $220. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for JPMorgan Chase with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Check Out What Whales Are Doing With JPM

Investors with significant funds have taken a bearish position in Spirit Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in SAVE usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 12 options transactions for Spirit Airlines. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 25% being bullish and 50% bearish. Of all the options we discovered, 11 are puts, valued at $1,529,420, and there was a single call, worth $25,200.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $1.0 to $12.5 for Spirit Airlines over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Spirit Airlines's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Spirit Airlines's significant trades, within a strike price range of $1.0 to $12.5, over the past month.
<h3>Spirit Airlines Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728051367_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SAVE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$1.0</td>
<td>$0.8</td>
<td>$1.0</td>
<td>$2.00</td>
<td>$470.4K</td>
<td>27.1K</td>
<td>800</td>
</tr>
<tr>
<td>SAVE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$0.84</td>
<td>$0.5</td>
<td>$0.78</td>
<td>$1.50</td>
<td>$281.1K</td>
<td>15.7K</td>
<td>3.6K</td>
</tr>
<tr>
<td>SAVE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$13.45</td>
<td>$9.2</td>
<td>$11.5</td>
<td>$12.50</td>
<td>$172.5K</td>
<td>393</td>
<td>150</td>
</tr>
<tr>
<td>SAVE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$0.61</td>
<td>$0.55</td>
<td>$0.61</td>
<td>$1.50</td>
<td>$152.5K</td>
<td>9.1K</td>
<td>2.7K</td>
</tr>
<tr>
<td>SAVE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$0.69</td>
<td>$0.4</td>
<td>$0.55</td>
<td>$1.00</td>
<td>$99.7K</td>
<td>794</td>
<td>2.2K</td>
</tr>
</tbody>
</table>

<h3>About Spirit Airlines</h3>
Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It primarily offers customers unbundled base fares to strip out any unneeded travel amenities. If needed, a customer can elect for additional options at an extra charge. Flight crews are entirely interchangeable across all aircraft, and maintenance and other support services are simplified due to not having an overly complex fleet. The company has one operating segment, air transportation, owing to its system wide route structure. It may decide to expand its network if a market is underserved or overpriced. The majority of revenue is derived from the United States.
<h3>Current Position of Spirit Airlines</h3>
<ul>
<li>With a volume of 14,670,477, the price of SAVE is down -25.89% at $1.66. </li>
<li>RSI indicators hint that the underlying stock may be oversold.</li>
<li>Next earnings are expected to be released in 20 days.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Spirit Airlines, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Spirit Airlines's Options Frenzy: What You Need to Know

Federal Reserve

Fed's Goolsbee Says A Broad Set Of Data Shows The Labor Market Is Cooling; Says If Productivity Keeps Booming, That Implies Higher Growth, Higher Neutral Rate

According to new research, almost half American households, about 45%, are expected to run out of money in retirement if they <a href="https://www.benzinga.com/personal-finance/24/09/40964924/most-people-expect-to-retire-at-67-but-56-retire-sooner-can-you-guess-the-actual-average-retirem">stop working at 65</a>. This raises some serious red flags, especially as more people live longer and rely on their savings to fund retirement.
The study, conducted by the Morningstar Center for Retirement &amp; Policy Studies, used a new simulation tool to evaluate retirement readiness. The tool factors in individual traits, health care expenses and life expectancy.
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Single women are at an even higher risk, with 55% likely to run out of money, compared to 41% of couples and 40% of single men.
Not all groups are equally affected. The study found that 61% of Hispanic Americans and 59% of non-Hispanic Black Americans face a high risk of financial shortfall, compared to about 40% of non-Hispanic white Americans.&nbsp;
One major reason is the lack of access to employer-sponsored retirement plans like 401(k)s. About 56% of American workers, totaling 69 million people, don't have access to any retirement plan through their employer, which puts them at a significant disadvantage.
See Also: 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>.
According to a Clever survey, two-thirds of retirees believe the country is in a retirement crisis and 40% worry about outliving their savings. Retired women are particularly vulnerable, with 28% having no savings compared to 20% of men. Many retired women also report having saved less due to lower earnings during their working years, leading to more financial insecurity in retirement.
Retirement timing also plays a crucial role. Retiring earlier increases the risk of running out of money. If Americans retire at 62, the earliest they can claim Social Security, about 54% could face a financial shortfall, whereas <a href="https://www.benzinga.com/personal-finance/24/05/39064579/suze-orman-says-70-is-the-new-retirement-age-but-is-she-right">delaying retirement until 70</a> reduces the risk significantly to 28%. However, the <a href="https://www.benzinga.com/personal-finance/24/09/40969826/people-who-dont-save-enough-for-retirement-think-working-longer-will-help-but-experts-warn-this-">average </a>retirement age is 61.5, often due to unexpected layoffs, health issues or caregiving responsibilities, making it harder for many to build sufficient savings.
Trending: Founder of Personal Capital and ex-CEO of PayPal<a href="https://www.benzinga.com/money/evergreen-money"> re-engineers traditional banking with this new high-yield account — start saving better today.</a>
Improving retirement security starts with making the most of employer-sponsored retirement plans, like 401(k)s. If you have access to one, contribute as much as possible, especially to get matching funds from your employer. And whatever you do, avoid dipping into it early. Early withdrawals can seriously disrupt your long-term savings.
There's also growing support for expanding access to pensions. In fact, 83% of Americans believe every worker should have a pension to ensure financial independence in retirement. People want more stability and pensions offer that kind of security that 401(k)s alone might not provide.
Trending: <a href="https://www.benzinga.com/money/irs-finalizes-10-year-rule-adv">IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things &#8216;Even More Insanely Complicated&#8217;</a>
Beyond that, many Americans call for Congress to <a href="https://www.benzinga.com/personal-finance/24/05/38943129/social-security-fears-go-viral-should-you-claim-early-like-dave-ramsey-says">step up and address Social Security's future</a>. Nearly all Americans agree it's crucial to shore up Social Security funding before it's too late. This isn't just some long-term worry either – people want action now to ensure the program remains solid for future generations.
The path to a secure retirement comes with plenty of challenges, but getting started early, staying consistent with contributions and delaying retirement are key steps toward financial stability.&nbsp;
Managing all the variables – from rising health care costs to inflation – can feel overwhelming. This is where <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">speaking with a financial advisor</a> can pay off. A professional can help breakdown complex decisions, like how to maximize Social Security benefits or what investment strategies might suit your goals.
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Personal Finance

Is 65 Too Early To Retire? New Research Says It Might Be – 45% Of Households Are Expected To Run Out Of Money

U.S. stocks traded lower this morning, with the Dow Jones index gaining more than 200 points on Friday.
Following the market opening Friday, the Dow traded up 0.48% to 42,212.69 while the NASDAQ rose 0.65% to 18,034.35. The S&amp;P 500 also rose, gaining, 0.50% to 5,728.62.
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Leading and Lagging Sectors Consumer discretionary shares jumped by 1.2% on Friday.
In trading on Friday, real estate shares dipped by 0.9%.
Top Headline
The U.S. economy added 254,000 jobs in September, compared to a revised 159,000 gain in August, and topping market estimates of 147,000. The unemployment rate declined to 4.1% in September from 4.2% in the previous month.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Phoenix Motor Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEV#NASDAQ">PEV</a>) shares shot up 118% to $0.7536 after the company reported a substantial increase in the first-quarter results.</li>
<li>Shares of Forward Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORD#NASDAQ">FORD</a>) got a boost, surging 65% to $5.84.</li>
<li>Beneficient (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BENF#NASDAQ">BENF</a>) shares were also up, gaining 55% to $1.85 after the company announced its subsidiary, Beneficient Company Holdings, consummated a previously announced transaction pursuant to which approximately $126 million of its preferred equity was redesignated as non-redeemable.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Color Star Technology Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADD#NASDAQ">ADD</a>) shares dropped 28% to $0.3237 after dipping around 57% on Thursday. Color Star Technology recently regained compliance with Nasdaq Minimum Bid Price Rule after maintaining $1.00 per share for 10 consecutive days.</li>
<li>Shares of Upexi, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPXI#NASDAQ">UPXI</a>) were down 27% to $2.34 after the company reported worse-than-expected third-quarter sales results and issued its FY24 adjusted EPS guidance with its midpoint below estimates. The company began a strategic review for its Dockers brand and is exploring a potential sale or other strategic transactions.</li>
<li>Spirit Airlines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>) was down, falling 27% to $1.63 following a report suggesting that the company is exploring the potential of filing for bankruptcy.</li>
</ul>
Commodities In commodity news, oil traded up 0.9% to $74.34 while gold traded down 0.4% at $2,669.20.
Silver traded down 0.6% to $32.255 on Friday, while copper rose 1.1% to $4.6025.
Euro zone
European shares were mostly lower today. The eurozone's STOXX 600 rose 0.4%, Germany's DAX rose 0.6% and France's CAC 40 climbed 1.1%. Spain's IBEX 35 Index rose 0.1%, while London's FTSE 100 rose 0.1%.
The S&amp;P Global UK construction PMI jumped to 57.2 in September compared to 53.6 in the previous month, while France construction PMI declined to 37.9 in September from 40.1 in the earlier month. The HCOB Eurozone construction PMI climbed to 42.1 in September versus 41.4 in the prior two months.
Asia Pacific Markets
Asian markets closed mixed on Friday, with Japan's Nikkei 225 gaining 0.22%, Hong Kong's Hang Seng Index gaining 2.82% and India's BSE Sensex dipping 0.98%.
The HSBC India services PMI was revised downward to 57.7 in September versus a preliminary reading of 58.9. The S&amp;P Global Hong Kong SAR PMI surged to 50.0 in September compared to August's reading of 49.4.
Economics
The U.S. economy added 254,000 jobs in September, compared to a revised 159,000 gain in August, and topping market estimates of 147,000. The unemployment rate declined to 4.1% in September from 4.2% in the previous month.
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Earnings

Equities

Eurozone

Commodities

BENF

FORD

UPXI

Dow Jumps 200 Points; US Payrolls Top Expectations

Beneficient (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BENF#NASDAQ">BENF</a>) shares are trading higher Friday after the company announced it has consummated a transaction to increase its permanent <a href="https://www.benzinga.com/pressreleases/24/10/g41181984/beneficient-consummates-transaction-to-increase-permanent-equity-by-126-million">equity by $126 million</a>.
The Details:
The previously announced transaction redesignated $126 million of its preferred equity as non-redeemable. As a result of the transaction, which was approved by the company&#8217;s founders holding the majority of the preferred equity, Beneficient expects approximately $126 million of temporary equity to be reclassified to permanent equity on its balance sheet as of Sept. 30, 2024.
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Beneficient shares are racing higher in Friday's premarket session on heavy trading volume as investors weigh the company's announcement. According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Beneficient's stock has a float of only 3.1 million shares and more than 17 million shares have already changed hands on Friday.&nbsp;
<h3 class="wp-block-heading">How To Buy BENF Stock: </h3>
By now you're likely curious about how to participate in the market for Beneficient &#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, 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.
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.
BENF Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Beneficient shares are up 59.2% at $1.89 at the time of publication Friday.
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</ul>
Image: Gerd Altmann from Pixabay

Penny Stocks

Why Beneficient Stock Is Up Today

Barclays analyst Lauren Lieberman maintains PepsiCo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) with a Overweight and lowers the price target from $187 to $186.

Barclays Maintains Overweight on PepsiCo, Lowers Price Target to $186

White River Energy (WTRV) just unveiled an update. White River Energy Corp's Board of Directors has approved significant executive compensation cha...

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White River Energy

White River Energy (WTRV) Forecast

White River Energy (OTC:WTRV) Stock, Quote.Headers.trade-ideas