Short interest for Zeo Energy gives investors a sense of the degree to which investors are betting on the decline of Zeo Energy's stock. Short interest data is updated every two weeks.

Zeo Energy Stock (NASDAQ:ZEO), Short Interest Report

Zeo Energy

Zeo Energy Corp is a vertically integrated provider of residential solar energy systems, other energy efficient equipment and related services currently serving customers in Florida, Texas, Arkansas, and Missouri. Its primary business activity is selling and installing residential solar energy systems that homeowners use to supplement the amount of usable electricity required to power their homes.

Zeo Energy Corporation - Class A Common Stock

Zeo Energy Corp

Zeons Corp

ZEON

Zeon Corp

ZEO SCIENTIFIX INC by Zeo ScientifiX Inc.

Zeo ScientifiX Inc

J.P. Morgan&nbsp;analyst Christopher Horvers&nbsp;<a target="_blank" href="https://www.benzinga.com/quote/WMT/analyst-ratings" rel="noreferrer noopener">reiterated a Neutral rating</a>&nbsp;on&nbsp;the shares of&nbsp;Walmart Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>).&nbsp;
The retailer reported that in the first quarter of 2025, the adjusted EPS&nbsp;was $0.60, beating the consensus estimate of $0.52.&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/05/38869341/walmars-q1-earnings-revenue-and-eps-beat-more-members-and-high-income-households-raised-outlook" rel="noreferrer noopener">Sales were $161.51 billion, up 6.0% year over year.</a>
Overall, WMT posted solid results characterized by a 15% EPS beat ($0.60 vs. $0.52 consensus))&nbsp;driven by strong margin&nbsp;performance,&nbsp;and good U.S. comps, said the analyst.
More specifically, U.S. comps of 3.8% came in 20 bps above the street's view of +3.6% and a titch below the analyst's previewed&nbsp;buyside&nbsp;expectations.
Gross margin increased about 40 bps&nbsp;YOY&nbsp;to 24.1%, above the analyst's 23.7% and the street's 23.9%.
For 2Q24, WMT expects net sales growth of 3.5% &#8211; 4.5% (vs. street +3.7%), operating income growth of +3% &#8211; 4.5% (vs. street +3.2%), and EPS of $0.62-0.65.
For&nbsp;FY24, WMT now expects to reach the high end or slightly above its guide of consolidated sales +3%&nbsp;&#8211;&nbsp;4%, operating income +4%&nbsp;&#8211;&nbsp;6%, and EPS $2.23 &#8211; 2.37, noted the analyst.
In terms of today's reaction, while U.S. comps a bit below 4.0% was a risk factor the analyst identified, the fact that WMT beat EPS so&nbsp;strongly&nbsp;and&nbsp;actually&nbsp;took the FY up is likely to drive a positive reaction in the stock, the analyst opined.
However, the analyst warned that the trend in comps will be a focus as this tends to be the primary driver of retail valuation around a stock's range.&nbsp;
Price Action: WMT shares are trading higher by 6.38% at $63.65 at the last check Thursday.
Photo by Sundry Photography on Shutterstock

News

General

Walmart's Q1 Beat Likely To Drive Positive Reaction In The Stock, Says Analyst

Truist Securities analyst Robyn Karnauskas maintains Biogen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIIB#NASDAQ">BIIB</a>) with a Buy and maintains $340 price target.

Price Target

Analyst Ratings

BIIB

Truist Securities Maintains Buy on Biogen, Maintains $340 Price Target

Truist Securities analyst Tobey Sommer maintains Huron Consulting Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HURN#NASDAQ">HURN</a>) with a Buy and maintains $140 price target.

HURN

Truist Securities Maintains Buy on Huron Consulting Gr, Maintains $140 Price Target

WIIM

CRON

GRWG

MASSIVE INTERACTIVE NV by Massive Interactive, Inc.

HUGE

IMCC

LFLY

MAPS

Shares of cannabis stocks are trading higher after Biden said the Justice Department is taking the next steps to reclassify marijuana from Schedule I to Schedule III.

Truist Securities analyst Asthika Goonewardene maintains Caribou Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRBU#NASDAQ">CRBU</a>) with a Buy and maintains $19 price target.

CRBU

Truist Securities Maintains Buy on Caribou Biosciences, Maintains $19 Price Target

HC Wainwright &amp; Co. analyst Patrick Trucchio reiterates Cybin (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CYBN#AMEX">CYBN</a>) with a Buy and maintains $5 price target.

Reiteration

CYBN

HC Wainwright & Co. Reiterates Buy on Cybin, Maintains $5 Price Target

Piper Sandler analyst Arvind Ramnani maintains Dayforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAY#NYSE">DAY</a>) with a Neutral and maintains $68 price target.

Piper Sandler Maintains Neutral on Dayforce, Maintains $68 Price Target

Needham analyst Anna Andreeva reiterates Wayfair (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>) with a Buy and maintains $75 price target.

Needham Reiterates Buy on Wayfair, Maintains $75 Price Target

Deep-pocketed investors have adopted a bullish approach towards Tenet Healthcare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THC#NYSE">THC</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 THC usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Tenet Healthcare. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 62% leaning bullish and 37% bearish. Among these notable options, 2 are puts, totaling $74,410, and 6 are calls, amounting to $578,775.
<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 $100.0 and $135.0 for Tenet Healthcare, spanning the last 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 Tenet Healthcare's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Tenet Healthcare's significant trades, within a strike price range of $100.0 to $135.0, over the past month.
<h3>Tenet Healthcare Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715879236_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</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 style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>THC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$15.9</td>
<td>$15.6</td>
<td>$15.9</td>
<td>$135.00</td>
<td>$159.0K</td>
<td style="text-align: right;">185</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>THC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$16.2</td>
<td>$15.6</td>
<td>$15.61</td>
<td>$135.00</td>
<td>$156.0K</td>
<td style="text-align: right;">185</td>
<td style="text-align: right;">300</td>
</tr>
<tr>
<td>THC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$16.9</td>
<td>$15.3</td>
<td>$15.6</td>
<td>$135.00</td>
<td>$109.2K</td>
<td style="text-align: right;">185</td>
<td style="text-align: right;">77</td>
</tr>
<tr>
<td>THC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$15.8</td>
<td>$14.6</td>
<td>$15.3</td>
<td>$135.00</td>
<td>$76.5K</td>
<td style="text-align: right;">185</td>
<td style="text-align: right;">402</td>
</tr>
<tr>
<td>THC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$3.0</td>
<td>$2.95</td>
<td>$2.95</td>
<td>$125.00</td>
<td>$45.7K</td>
<td style="text-align: right;">231</td>
<td style="text-align: right;">432</td>
</tr>
</tbody>
</table>

<h3>About Tenet Healthcare</h3>
Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (about 60 as of December 2023) and over 450 ambulatory surgery centers and other outpatient facilities across the U.S., primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
Following our analysis of the options activities associated with Tenet Healthcare, we pivot to a closer look at the company's own performance.
<h3>Current Position of Tenet Healthcare</h3>
<ul>
<li>Trading volume stands at 258,991, with THC's price down by -2.92%, positioned at $129.09.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 74 days.</li>
</ul>
<h3>What Analysts Are Saying About Tenet Healthcare</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $135.8.
<ul>
<li>An analyst from Barclays has decided to maintain their Overweight rating on Tenet Healthcare, which currently sits at a price target of $147. </li>
<li>Consistent in their evaluation, an analyst from UBS keeps a Buy rating on Tenet Healthcare with a target price of $150. </li>
<li>In a cautious move, an analyst from Mizuho downgraded its rating to Buy, setting a price target of $130. </li>
<li>An analyst from Stephens &amp; Co. persists with their Equal-Weight rating on Tenet Healthcare, maintaining a target price of $122. </li>
<li>An analyst from Truist Securities downgraded its action to Buy with a price target of $130. </li>
</ul>
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 Tenet Healthcare with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Markets

Looking At Tenet Healthcare's Recent Unusual Options Activity

Shares of Fluent Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLNT#NASDAQ">FLNT</a>) fell sharply during Thursday's session after posting weaker-than-expected <a href="https://www.benzinga.com/quote/FLNT/earnings">quarterly results.</a>
Fluent posted adjusted loss of 30 cents per share, versus market expectations for a loss of 10 cents per share. The company's quarterly sales came in at $65.983 million missing estimates of $66.433 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
Fluent shares dipped 12.6% to $3.47 on Thursday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Lucy Scientific Discovery Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSDI#NASDAQ">LSDI</a>) shares jumped 239% to $1.75.</li>
<li>Greenwave Technology Solutions, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) jumped 100% to $0.1196 after jumping around 34% on Wednesday.</li>
<li>Crown ElectroKinetics Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRKN#NASDAQ">CRKN</a>) gained 77.3% to $0.0819 after declining around 3% on Wednesday.</li>
<li>BM Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMTX#NASDAQ">BMTX</a>) rose 68% to $2.8850 after the company reported better-than-expected first-quarter financial results.</li>
<li>TSR, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSRI#NASDAQ">TSRI</a>) shares climbed 65% to $13.13 after the company announced that it entered into a definitive agreement to be acquired by Vienna Parent.</li>
<li>Pineapple Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) rose 55% to $0.1355 after gaining around 48% on Wednesday. Pineapple Energy, last week, reported worse-than-expected first-quarter financial results.</li>
<li>Cyngn Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) gained 48% to $0.1275 as the company shared several commercial and technological accomplishments from the first quarter of 2024.</li>
<li>Faraday Future Intelligent Electric Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIE#NASDAQ">FFIE</a>) gained 33.3% to $0.94.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) shares rose 32.6% to $3.1711 as the company reported a narrower-than-expected loss for its first quarter and announced a definitive commercial agreement with AT&amp;T Inc.</li>
<li>Bruush Oral Care Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRSH#NASDAQ">BRSH</a>) gained 30.7% to $0.0949.</li>
<li>Sintx Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SINT#NASDAQ">SINT</a>) shares rose 27% to $0.1622 after surging 132% on Wednesday.</li>
<li>Canada Goose Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOOS#NYSE">GOOS</a>) jumped 23% to $14.10 following better-than-expected fourth-quarter earnings.</li>
<li>Magnite, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGNI#NASDAQ">MGNI</a>) rose 21.6% to $11.91. Needham analyst Laura Martin reiterated Magnite with a Buy and maintained a $15 price target.</li>
<li>Blue Star Foods Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BSFC#NASDAQ">BSFC</a>) gained 17.6% to $0.0760 after adding more than 15% on Wednesday.</li>
<li>Lightspeed Commerce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LSPD#NYSE">LSPD</a>) climbed 15.3% to $14.74 following upbeat quarterly sales.</li>
<li>Trupanion, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUP#NASDAQ">TRUP</a>) rose 14.7% to $32.53 after B of A Securities upgraded the stock from Neutral to Buy and raised its price target from $35 to $49.</li>
<li>SilverBow Resources, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBOW#NYSE">SBOW</a>) gained 14.7% to $37.17 after the company announced that it entered into a definitive agreement to be acquired by Crescent Energy.</li>
<li>VinFast Auto Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>) rose 12.8% to $4.79. VinFast received 27,649 pre-orders for the VF 3 in Vietnam after 66 hours of accepting deposits.</li>
<li>Corebridge Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRBG#NYSE">CRBG</a>) gained 12.7% to $34.00 after AIG reached a deal to sell shares of its stock in the company to Nippon Life Insurance.</li>
<li>Extreme Networks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXTR#NASDAQ">EXTR</a>) rose 10.8% to $12.02.</li>
<li>Walmart Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMT#NYSE">WMT</a>) gained 6.9% to $63.99 following better-than-expected quarterly earnings.</li>
<li>ZTO Express (Cayman) Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTO#NYSE">ZTO</a>) shares climbed 6% to $22.67 following upbeat quarterly results</li>
<li>Chubb Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>) gained 4.1% to $263.28 following an SEC filing showed Berkshire Hathaway purchased shares of the stock. The 13F filing revealed Berkshire Hathaway had purchased 25.92 million Chubb shares valued at over $6.717 billion.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Spire Global, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) dipped 23.7% to $8.65 after the company reported mixed first-quarter financial results on Wednesday.</li>
<li>a.k.a. Brands Holding Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AKA#NYSE">AKA</a>) shares declined 22.7% to $22.80.</li>
<li>Eyenovia, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EYEN#NASDAQ">EYEN</a>) fell 22% to $0.8291 after the company reported worse-than-expected first-quarter financial results.</li>
<li>Omeros Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMER#NASDAQ">OMER</a>) fell 21.1% to $3.29 after the company announced a wider-than-expected quarterly loss.</li>
<li>Reliance Global Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELI#NASDAQ">RELI</a>) declined 19.2% to $0.2994. &#8211; Reliance Global Group is expected to host a conference call Monday, May 20, to discuss financial results for the first quarter.</li>
<li>Tian Ruixiang Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIRX#NASDAQ">TIRX</a>) dipped 17.8% to $2.81.</li>
<li>Rekor Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REKR#NASDAQ">REKR</a>) declined 16.6% to $1.51 after the company reported worse-than-expected first-quarter financial results.</li>
<li>Sadot Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SDOT#NASDAQ">SDOT</a>) fell 16.6% to $0.2855 following first-quarter financial results.</li>
<li>KULR Technology Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KULR#NYSE">KULR</a>) shares fell 14.8% to $0.3976 after the company announced worse-than-expected first-quarter financial results.</li>
<li>AERWINS Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AWIN#NASDAQ">AWIN</a>) shares fell 14% to $5.40 after jumping 132% on Wednesday.</li>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) shares fell 13.8% to $34.06 after dipping around 19% on Wednesday.</li>
<li>NICE Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NICE#NASDAQ">NICE</a>) declined 11.8% to $201.01 after the company reported first-quarter financial results. The company issued second-quarter adjusted revenue guidance with its midpoint below estimates.</li>
<li>Gambling.com Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GAMB#NASDAQ">GAMB</a>) fell 9.8% to $7.64 after the company issued first-quarter financial results. Also, the company cut its FY24 revenue guidance below estimates.</li>
<li>AMC Entertainment Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) shares declined 9% to $4.9904 after tumbling 20% on Wednesday.</li>
<li>Petco Health and Wellness Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>) dipped 8.4% to $2.39. The company recently appointed Glenn Murphy as Executive Chairman of the Board of Directors, effective immediately.</li>
<li>AdTheorent Holding Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTH#NASDAQ">ADTH</a>) declined 7.4% to $3.1750. AdTheorent reported withdrawal of acquisition proposal from third party.</li>
<li>Dada Nexus Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DADA#NASDAQ">DADA</a>) shares fell 7% to $1.8688 following weak quarterly results.</li>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) fell 4.3% to $210.53.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/05/38872018/top-5-utilities-stocks-you-may-want-to-dump-in-may">Top 5 Utilities Stocks You May Want To Dump In May</a>

Intraday Update

Movers

ADTH

ASTS

AWIN

BMTX

BRSH

BSFC

COIN

CRBG

CRKN

DADA

EXTR

EYEN

FFIE

FLNT

GAMB

GOOS

GWAV

KULR

LSDI

LSPD

MGNI

NICE

OMER

PEGY

REKR

RELI

SBOW

SDOT

SINT

SPIR

TIRX

TRUP

TSRI

WOOF

Why Fluent Shares Are Trading Lower By Around 13%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

Needham analyst Chris Pierce reiterates ACV Auctions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACVA#NASDAQ">ACVA</a>) with a Buy and maintains $23 price target.

ACVA

Needham Reiterates Buy on ACV Auctions, Maintains $23 Price Target

<a href="https://twitter.com/POTUS/status/1791152464617431389" title="https://twitter.com/POTUS/status/1791152464617431389">https://twitter.com/POTUS/status/1791152464617431389</a>

Macro Economic Events

Politics

Legal

Economics

FLGC

MSOS

SNDL

TLRY

President Biden Posts On X "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."

Raymond James analyst Stephen Laws maintains Starwood Prop Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STWD#NYSE">STWD</a>) with a Strong Buy and lowers the price target from $23.5 to $23.

STWD

Raymond James Maintains Strong Buy on Starwood Prop Trust, Lowers Price Target to $23

Raymond James analyst John Ransom upgrades GoodRx Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDRX#NASDAQ">GDRX</a>) from Market Perform to Outperform and announces $10 price target.

Upgrades

GDRX

Raymond James Upgrades GoodRx Holdings to Outperform, Announces $10 Price Target

Bitcoin&#8217;s (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rally to $66,000, marking its best-performing day since March 20, has sparked a range of reactions from <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38878472/before-you-trust-another-crypto-guru-read-this-studys-results">prominent crypto traders</a>.
What Happened: Trader Kevin <a href="https://twitter.com/Kev_Capital_TA/status/1791054607038255213">suggests</a> that Bitcoin may experience a minor pullback but remains optimistic about its upward trajectory. "BTC looks like it wants to wipe out some late longs which is totally fine. Inevitably, the daily says we're going higher," indicating that short-term corrections are normal and won't deter the long-term bullish trend.
In line with this cautious optimism, Ali Martinez <a href="https://twitter.com/ali_charts/status/1791044603442757897">points</a> to a technical indicator signaling a brief correction. He adds, "The TD Sequential presents a sell signal on the Bitcoin 4-hour chart, anticipating a one to four candlesticks correction for BTC." This implies a short-term dip before potentially resuming its upward path.
On the more bullish end of the spectrum, Jelle <a href="https://twitter.com/CryptoJelleNL/status/1791033350611694028">highlights</a> a significant technical confirmation, noting that &#8220;Yesterday&#8217;s daily close confirmed the Power of Three setups for Bitcoin.&#8221; He targets $82,000. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Yesterday&#39;s daily close confirmed the Power of Three setup for <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a>! Target: $82,000. Send it! <a href="https://t.co/Ap6VW6LZFE">https://t.co/Ap6VW6LZFE</a> <a href="https://t.co/9UamATEgyx">pic.twitter.com/9UamATEgyx</a>
&mdash; Jelle (@CryptoJelleNL) <a href="https://twitter.com/CryptoJelleNL/status/1791033350611694028?ref_src=twsrc%5Etfw">May 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38870019/spot-bitcoin-etfs-pocket-303m-net-inflows-on-wednesday-stars-seem-to-be-aligning-on-this-b">Spot Bitcoin ETFs Pocket $303M Net Inflows On Wednesday: &#8216;Stars Seem To Be Aligning On This Breakout,&#8217; Analytics Firm Writes</a>
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/"><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure>
Why It Matters: Lookonchain <a href="https://twitter.com/lookonchain/status/1791026638635118756">data</a> shows a whale purchased another 102 BTC, worth $62.7 million. Since March 6 the whale collected 3,385 BTC worth $232.15 million at an average buying cost of $68,579. Based on current prices, the whale is still facing a loss of $8.08 million.
IntoTheBlock <a href="https://app.intotheblock.com/">data</a> notes 95% of Bitcoin holders making a profit at current levels, compared to 91% of holders the prior day. Transactions greater than $100,000 surged to 10,162 transactions as of May 15 from 7,508 transactions as of May 14.
Meanwhile, Bitcoin's daily active addresses rose by 5.6% and large transaction volume increased by 24.3%.
Price Action: In the past 24 hours, Bitcoin&#8217;s price increased 0.6% to trade at $65,203.90 at the time of writing.
What&#8217;s Next: The influence of&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;is expected to be thoroughly explored at Benzinga&#8217;s upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event on Nov. 19.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38857448/bitcoin-ethereum-dogecoin-spike-on-good-macro-news-so-far-so-good-says-bullish-trader">Bitcoin, Ethereum, Dogecoin Spike On Good Macro News: &#8216;So Far, So Good,&#8217; Says Bullish Trader</a>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image created using artificial intelligence with Midjourney.

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

Cryptocurrency

$BTC

Bitcoin's Rally Splits Trader Opinions: 'Daily Says We're Going Higher' But One Indicator Presents A 'Sell Signal On The 4H Chart'

Canaccord Genuity analyst Joseph Vafi reiterates Hut 8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NASDAQ">HUT</a>) with a Buy and maintains $14 price target.

Canaccord Genuity Reiterates Buy on Hut 8, Maintains $14 Price Target

ChargePoint Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHPT#NYSE">CHPT</a>) shares are trading down Thursday. The company announced new technology to better support the future of <a href="https://www.benzinga.com/news/24/05/38762667/tesla-charging-shakeup-may-disrupt-biden-ev-plans">the trucking industry</a>.
What Happened: ChargePoint announced its support for the Megawatt Charging System (MCS), the latest addition to ChargePoint&#8217;s leading DC fast charging lineup. The company said the system is expected to be capable of providing enough energy to power approximately 1,000 homes.
The MCS cable and connector will be available on ChargePoint&#8217;s PowerLink 2000 stations,&nbsp;part of the modular Express Plus DC fast charging platform.
The new system currently offers up to 1.2 megawatts of power. The charging system is expected to enable output of up to 3 megawatts in the future. The ChargePoint system is also designed for charging in marine and aviation applications. The immense rate of charge is expected to help enable the electrification of commercial trucking, the company said.
&#8220;Megawatt technology is the first step toward electrifying the commercial trucking industry,&#8221; said Hossein Kazemi, CTO for Hardware at ChargePoint. 
&#8220;Megawatt charging solves one half of the electrification equation for trucking. The companies developing electric trucks can now leverage this infrastructure to test and enable their vehicles until they meet – or even exceed – the distances covered by internal combustion trucks.&#8221;
Separately, ChargePoint on Wednesday announced that it will report <a href="https://www.benzinga.com/calendars/earnings">financial results for the first quarter</a> after the market close on June 5. Analyst estimates are calling for a loss of 13 cents per share and revenue of $105.791 million, according to data from <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Related Link:<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38798876/3-clean-tech-stocks-with-over-40-upside-per-jpmorgan-analysts"> 3 Clean Tech Stocks With Over 40% Upside Per JPMorgan Analysts</a>
CHPT Price Action: At the time of writing, ChargePoint shares were down 1.99% at $1.85, per <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
Image: <a href="https://commons.wikimedia.org/wiki/File:Ct4k_public_domain_image.JPG">Wikimedia </a><a href="https://commons.wikimedia.org/wiki/Category:ChargePoint">Commons</a>.

CHPT

What's Going On With ChargePoint Holdings Stock Today?

MUFG

Shares of Japanese bank stocks are trading lower after GDP data came in worse-than-expected.

Director Francis Ford Coppola shot to international stardom in the 1970s following his critically <a href="https://www.rottentomatoes.com/celebrity/francis_ford_coppola">acclaimed</a> films &#8220;The Godfather,&#8221; &#8220;The Godfather Part II&#8221; and &#8220;Apocalypse Now.&#8221; His latest, the self-financed film &#8220;Megalopolis,&#8221; is set to premiere on Thursday and has the potential to <a href="https://www.benzinga.com/topic/movies">shake-up the film industry</a>.
Production Challenges: Coppola has tried to make the film for more than 40 years but could not acquire financing. The director previously worked with Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) to finance &#8220;The Godfather.&#8221;
In what could be his final film, Coppola sold a portion of his wine empire to self-finance the film&#8217;s reported $120 million budget, according to <a href="https://www.hollywoodreporter.com/movies/movie-news/megalopolis-francis-ford-coppola-challenges-distribution-1235867556/">The Hollywood Reporter</a>. 
The Premiere: The film will <a href="https://www.festival-cannes.com/en/f/megalopolis/">premiere</a> on Thursday at Cannes Film Festival, considered one of the world&#8217;s most prestigious film festivals, in a litmus test of its future commercial potential.
Coppola has <a href="https://www.festival-cannes.com/en/p/francis-coppola/">won</a> the festival&#8217;s top award, the Palme D&#8217;Or, twice; for &#8220;The Conversation&#8221; in 1974 and &#8220;Apocalypse Now&#8221; in 1979. The latter had innumerable production challenges, eerily similar to &#8220;Megalopolis.&#8221;
The film ensemble features Adam Driver, Shia LaBeouf, Nathalie Emmanuel, Giancarlo Esposito, Aubrey Plaza, Jon Voight, Talia Shire, Laurence Fishburne and Dustin Hoffman, among others.
Now Read:<a href="https://www.benzinga.com/markets/equities/24/05/38876672/amc-entertainment-a-dead-company-walking-says-bear-cave-report"> AMC Entertainment: A &#8216;Dead Company Walking,&#8217; Says Bear Cave Report</a>
Distribution Challenges: The film has thus far been unable to find a domestic distributor, according to The Hollywood Reporter. A pre-screening for executives from Sony Group Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>), Comcast Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) subsidiary NBCUniversal and others did not result in the film gaining a distribution partner.
Executives were reportedly concerned the film was too &#8220;experimental&#8221; for Coppola&#8217;s envisioned $80 million to $100 million marketing spend. "There is just no way to position this movie,&#8221; said one reporter.
Despite concerns, IMAX Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IMAX#NYSE">IMAX</a>) CEO Richard Gelfond confirmed at a Cannes event on Thursday that the film would get a release in IMAX. Variety <a href="https://variety.com/2024/film/news/francis-ford-coppola-megalopolis-in-talks-french-distribution-deal-le-pacte-1235979859/">reported</a> that Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) could be still in the running for acquiring distribution rights.
Industry Outlook: In recent years, film distributors have increasingly <a href="https://www.benzinga.com/general/entertainment/24/01/36522359/whats-next-after-mario-movie-success-zelda-movie-coming-mario-creator-hints-at-more-films">preferred</a> movie franchises rather than experimental films for theater releases.
Although artistic efforts have struggled in theaters, they have found a home on streaming platforms. Apple spent over $300 in <a href="https://www.benzinga.com/24/03/37558754/apples-1b-gamble-on-3-blockbusters-analyzing-box-office-results-streaming-impact-and-oscar-nominatio">financing</a> the Martin Scorsese production &#8220;Killers of the Flower Moon.&#8221;
If &#8220;Megalopolis&#8221; succeeds, it could spell a surprising shift in industry strategy.
Also Read: <a href="https://www.benzinga.com/general/entertainment/24/05/38804938/if-you-invested-1-000-in-gamestop-stock-when-dumb-money-was-released-in-movie-theaters-here">If You Invested $1,000 In GameStop Stock When &#8216;Dumb Money&#8217; Was Released In Movie Theaters, Here&#8217;s How Much You&#8217;d Have Today</a>
Photo: Via IMDb

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Sony Group Corporation American Depositary Shares

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Francis Ford Coppola Spent $120M Self-Financing Passion Project: What The Gambit Could Mean For The Film Industry

Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Ralph Lauren (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RL#NYSE">RL</a>) in the last three months.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Ralph Lauren, revealing an average target of $206.75, a high estimate of $250.00, and a low estimate of $185.00. This upward trend is evident, with the current average reflecting a 4.07% increase from the previous average price target of $198.67.
<img src="https://www.benzinga.com/files/images/story/2024/1715878904_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The perception of Ralph Lauren by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jay Sole</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$250.00</td>
<td>$244.00</td>
</tr>
<tr>
<td>John Kernan</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$197.00</td>
<td>$192.00</td>
</tr>
<tr>
<td>Ashley Helgans</td>
<td>Jefferies</td>
<td>Announces</td>
<td>Buy</td>
<td>$195.00</td>
<td>-</td>
</tr>
<tr>
<td>Ike Boruchow</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$185.00</td>
<td>$160.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Ralph Lauren. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Ralph Lauren compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Ralph Lauren's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Ralph Lauren's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/RL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Ralph Lauren analyst ratings.</a>
<h2>Discovering Ralph Lauren: A Closer Look</h2>
Founded by designer Ralph Lauren in 1967 in New York City, Ralph Lauren Corp. designs, markets, and distributes lifestyle products in North America, Europe, and Asia. Its products include apparel, footwear, eyewear, jewelry, handbags, home goods, and fragrances. The company's brands include Ralph Lauren Collection, Polo Ralph Lauren, and Lauren Ralph Lauren. Distribution channels for Ralph Lauren include wholesale (department stores and specialty stores), retail (company-owned retail stores and e-commerce), and licensing.
<h3>Financial Insights: Ralph Lauren</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Ralph Lauren's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 5.55%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Ralph Lauren's net margin is impressive, surpassing industry averages. With a net margin of 14.3%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Ralph Lauren's ROE stands out, surpassing industry averages. With an impressive ROE of 11.2%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Ralph Lauren's ROA stands out, surpassing industry averages. With an impressive ROA of 4.03%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 1.07, Ralph Lauren adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Deep Dive Into Ralph Lauren Stock: Analyst Perspectives (4 Ratings)

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Pre-market stock movers are the perfect way to start the week as we dive into the biggest stories moving shares on Monday!



Moving stocks this morning are a bankruptcy filing, late earnings reports and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Joann (NASDAQ:<a href="https://investorplace.com/stock-quotes/joan-stock-quote/">JOAN</a>) stock is rocketing 64% after filing for <a href="https://www.nasdaq.com/press-release/joann-enters-into-agreement-to-reduce-debt-and-receive-%24132-million-in-new-capital">Chapter 11 bankruptcy protection</a> to reorganize its business.</li>



<li>Solidion Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/sti-stock-quote/">STI</a>) shares are soaring more than 51% alongside heavy pre-market trading.</li>



<li>Brand Engagement Network (NASDAQ:<a href="https://investorplace.com/stock-quotes/bnai-stock-quote/">BNAI</a>) stock is surging over 35% following its <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318162596&amp;type=PDF&amp;symbol=BNAI&amp;cdn=a0e097ce13f628f3972d6d8f96a53d67&amp;companyName=Brand+Engagement+Network+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-03-15">public debut on Friday</a>.</li>



<li>Voxeljet (NASDAQ:<a href="https://investorplace.com/stock-quotes/vjet-stock-quote/">VJET</a>) shares are gaining more than 29% without any clear news this morning.</li>



<li>2seventy bio (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsvt-stock-quote/">TSVT</a>) stock is increasing over 29% <a href="https://www.nasdaq.com/press-release/fda-advisory-committee-votes-in-favor-of-bristol-myers-squibbs-and-2seventy-bios">following a positive vote</a> from the Food and Drug Administration&rsquo;s (FDA) Oncologic Drugs Advisory Committee&nbsp;(ODAC).</li>



<li>Reborn Coffee (NASDAQ:<a href="https://investorplace.com/stock-quotes/rebn-stock-quote/">REBN</a>) shares are rising more than 25% without any apparent news today.</li>



<li>Nuvei (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvei-stock-quote/">NVEI</a>) stock is heading over 19% higher on <a href="https://www.reuters.com/markets/deals/advent-near-deal-buy-canadian-payments-processor-nuvei-source-says-2024-03-16/">reports of a buyout offer</a>.</li>



<li>AEye (NASDAQ:<a href="https://investorplace.com/stock-quotes/aeye-stock-quote/">AEYE</a>) shares are climbing more than 19% despite lack of news this morning.</li>



<li>Veritone (NASDAQ:<a href="https://investorplace.com/stock-quotes/veri-stock-quote/">VERI</a>) stock is jumping over 18% after <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318167050&amp;type=PDF&amp;symbol=VERI&amp;cdn=72a63103f918a01f22a8eac17570dbfa&amp;companyName=Veritone+Inc.&amp;formType=NT+10-K&amp;formDescription=Notification+of+inability+to+timely+file+Form+10-K+405%2C+10-K%2C+10-KSB+405%2C+10-KSB%2C+10-KT%2C+or+10-KT405&amp;dateFiled=2024-03-18">delaying the filing</a> of its latest earnings report.</li>



<li>Greenwave Tech Solutions (NASDAQ:<a href="https://investorplace.com/stock-quotes/gwav-stock-quote/">GWAV</a>) shares are up more than 17% this morning.</li>
</ol><h2>Top 10 Losers</h2>



<ol><li>Chijet Motor (NASDAQ:<a href="https://investorplace.com/stock-quotes/cjet-stock-quote/">CJET</a>) stock is diving over 16% on Monday morning.</li>



<li>B. Riley Financial, Inc. &ndash; 6.00% Senior Notes Due 2028 (NASDAQ:<a href="https://investorplace.com/stock-quotes/rilyt-stock-quote/">RILYT</a>) are tumbling more than 15% after <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318165617&amp;type=PDF&amp;symbol=RILY&amp;cdn=6dc7a06b14aa178a45950d9588383b5a&amp;companyName=B.+Riley+Financial+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-03-15">delaying its 2023 annual filing</a>.</li>



<li>Aclarion (NASDAQ:<a href="https://investorplace.com/stock-quotes/acon-stock-quote/">ACON</a>) stock is taking an over 11% beating on Monday morning.</li>



<li>Cadrenal Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/cvkd-stock-quote/">CVKD</a>) shares are falling more than 11% today.</li>



<li>B. Riley Financial (NASDAQ:<a href="https://investorplace.com/stock-quotes/rily-stock-quote/">RILY</a>) stock is sliding over 10% alongside the delayed filing.</li>



<li>Kidpik (NASDAQ:<a href="https://investorplace.com/stock-quotes/pik-stock-quote/">PIK</a>) shares are decreasing more than 10% on Monday.</li>



<li>Jet AI (NASDAQ:<a href="https://investorplace.com/stock-quotes/jtai-stock-quote/">JTAI</a>) stock is falling over 10% <a href="https://investorplace.com/2024/03/why-is-jet-ai-jtai-stock-up-89-today/">after a Friday rally</a>.</li>



<li>Shift4 Payments (NYSE:<a href="https://investorplace.com/stock-quotes/four-stock-quote/">FOUR</a>) shares are dropping more than 9% this morning.</li>



<li>Zeo Energy (NASDAQ:<a href="https://investorplace.com/stock-quotes/zeo-stock-quote/">ZEO</a>) stock is retreating over 9% <a href="https://investorplace.com/2024/03/why-is-zeo-energy-zeo-stock-up-58-today/">after recently going public</a>.</li>



<li>Nanobiotix (NASDAQ:<a href="https://investorplace.com/stock-quotes/nbtx-stock-quote/">NBTX</a>) shares close out our pre-market stock movers down more than 9% today.</li>
</ol>On the date of publication, William White&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/03/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-monday-march-18th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Monday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Monday

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Pre-market stock movers are the perfect way to start the week as we dive into the biggest stories moving shares on Monday!



Moving stocks this morning are a bankruptcy filing, late earnings reports and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Joann (NASDAQ:<a href="https://investorplace.com/stock-quotes/joan-stock-quote/">JOAN</a>) stock is rocketing 64% after filing for <a href="https://www.nasdaq.com/press-release/joann-enters-into-agreement-to-reduce-debt-and-receive-%24132-million-in-new-capital">Chapter 11 bankruptcy protection</a> to reorganize its business.</li>



<li>Solidion Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/sti-stock-quote/">STI</a>) shares are soaring more than 51% alongside heavy pre-market trading.</li>



<li>Brand Engagement Network (NASDAQ:<a href="https://investorplace.com/stock-quotes/bnai-stock-quote/">BNAI</a>) stock is surging over 35% following its <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318162596&amp;type=PDF&amp;symbol=BNAI&amp;cdn=a0e097ce13f628f3972d6d8f96a53d67&amp;companyName=Brand+Engagement+Network+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-03-15">public debut on Friday</a>.</li>



<li>Voxeljet (NASDAQ:<a href="https://investorplace.com/stock-quotes/vjet-stock-quote/">VJET</a>) shares are gaining more than 29% without any clear news this morning.</li>



<li>2seventy bio (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsvt-stock-quote/">TSVT</a>) stock is increasing by over 29% <a href="https://www.nasdaq.com/press-release/fda-advisory-committee-votes-in-favor-of-bristol-myers-squibbs-and-2seventy-bios">following a positive vote</a> from the Food and Drug Administration&rsquo;s (FDA) Oncologic Drugs Advisory Committee&nbsp;(ODAC).</li>



<li>Reborn Coffee (NASDAQ:<a href="https://investorplace.com/stock-quotes/rebn-stock-quote/">REBN</a>) shares are rising more than 25% without any apparent news today.</li>



<li>Nuvei (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvei-stock-quote/">NVEI</a>) stock is heading over 19% higher on <a href="https://www.reuters.com/markets/deals/advent-near-deal-buy-canadian-payments-processor-nuvei-source-says-2024-03-16/">reports of a buyout offer</a>.</li>



<li>AEye (NASDAQ:<a href="https://investorplace.com/stock-quotes/aeye-stock-quote/">AEYE</a>) shares are climbing more than 19% despite a lack of news this morning.</li>



<li>Veritone (NASDAQ:<a href="https://investorplace.com/stock-quotes/veri-stock-quote/">VERI</a>) stock is jumping over 18% after <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318167050&amp;type=PDF&amp;symbol=VERI&amp;cdn=72a63103f918a01f22a8eac17570dbfa&amp;companyName=Veritone+Inc.&amp;formType=NT+10-K&amp;formDescription=Notification+of+inability+to+timely+file+Form+10-K+405%2C+10-K%2C+10-KSB+405%2C+10-KSB%2C+10-KT%2C+or+10-KT405&amp;dateFiled=2024-03-18">delaying the filing</a> of its latest earnings report.</li>



<li>Greenwave Tech Solutions (NASDAQ:<a href="https://investorplace.com/stock-quotes/gwav-stock-quote/">GWAV</a>) shares are up more than 17% this morning.</li>
</ol><h2>Top 10 Losers</h2>



<ol><li>Chijet Motor (NASDAQ:<a href="https://investorplace.com/stock-quotes/cjet-stock-quote/">CJET</a>) stock is diving over 16% on Monday morning.</li>



<li>B. Riley Financial, Inc. &ndash; 6.00% Senior Notes Due 2028 (NASDAQ:<a href="https://investorplace.com/stock-quotes/rilyt-stock-quote/">RILYT</a>) are tumbling more than 15% after <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318165617&amp;type=PDF&amp;symbol=RILY&amp;cdn=6dc7a06b14aa178a45950d9588383b5a&amp;companyName=B.+Riley+Financial+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-03-15">delaying its 2023 annual filing</a>.</li>



<li>Aclarion (NASDAQ:<a href="https://investorplace.com/stock-quotes/acon-stock-quote/">ACON</a>) stock is taking an over 11% beating on Monday morning.</li>



<li>Cadrenal Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/cvkd-stock-quote/">CVKD</a>) shares are falling more than 11% today.</li>



<li>B. Riley Financial (NASDAQ:<a href="https://investorplace.com/stock-quotes/rily-stock-quote/">RILY</a>) stock is sliding over 10% alongside the delayed filing.</li>



<li>Kidpik (NASDAQ:<a href="https://investorplace.com/stock-quotes/pik-stock-quote/">PIK</a>) shares are decreasing more than 10% on Monday.</li>



<li>Jet AI (NASDAQ:<a href="https://investorplace.com/stock-quotes/jtai-stock-quote/">JTAI</a>) stock is falling over 10% <a href="https://investorplace.com/2024/03/why-is-jet-ai-jtai-stock-up-89-today/">after a Friday rally</a>.</li>



<li>Shift4 Payments (NYSE:<a href="https://investorplace.com/stock-quotes/four-stock-quote/">FOUR</a>) shares are dropping more than 9% this morning.</li>



<li>Zeo Energy (NASDAQ:<a href="https://investorplace.com/stock-quotes/zeo-stock-quote/">ZEO</a>) stock is retreating over 9% <a href="https://investorplace.com/2024/03/why-is-zeo-energy-zeo-stock-up-58-today/">after recently going public</a>.</li>



<li>Nanobiotix (NASDAQ:<a href="https://investorplace.com/stock-quotes/nbtx-stock-quote/">NBTX</a>) shares close out our pre-market stock movers down more than 9% today.</li>
</ol>On the date of publication, William White&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/03/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-monday-march-18th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Monday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Pre-market stock movers are the perfect way to start the week as we dive into the biggest stories moving shares on Monday!



Moving stocks this morning are a bankruptcy filing, late earnings reports and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Joann (NASDAQ:<a href="https://investorplace.com/stock-quotes/joan-stock-quote/">JOAN</a>) stock is rocketing 64% after filing for <a href="https://www.nasdaq.com/press-release/joann-enters-into-agreement-to-reduce-debt-and-receive-%24132-million-in-new-capital">Chapter 11 bankruptcy protection</a> to reorganize its business.</li>



<li>Solidion Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/sti-stock-quote/">STI</a>) shares are soaring more than 51% alongside heavy pre-market trading.</li>



<li>Brand Engagement Network (NASDAQ:<a href="https://investorplace.com/stock-quotes/bnai-stock-quote/">BNAI</a>) stock is surging over 35% following its <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318162596&amp;type=PDF&amp;symbol=BNAI&amp;cdn=a0e097ce13f628f3972d6d8f96a53d67&amp;companyName=Brand+Engagement+Network+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-03-15">public debut on Friday</a>.</li>



<li>Voxeljet (NASDAQ:<a href="https://investorplace.com/stock-quotes/vjet-stock-quote/">VJET</a>) shares are gaining more than 29% without any clear news this morning.</li>



<li>2seventy bio (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsvt-stock-quote/">TSVT</a>) stock is increasing by over 29% <a href="https://www.nasdaq.com/press-release/fda-advisory-committee-votes-in-favor-of-bristol-myers-squibbs-and-2seventy-bios">following a positive vote</a> from the Food and Drug Administration&rsquo;s (FDA) Oncologic Drugs Advisory Committee&nbsp;(ODAC).</li>



<li>Reborn Coffee (NASDAQ:<a href="https://investorplace.com/stock-quotes/rebn-stock-quote/">REBN</a>) shares are rising more than 25% without any apparent news today.</li>



<li>Nuvei (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvei-stock-quote/">NVEI</a>) stock is heading over 19% higher on <a href="https://www.reuters.com/markets/deals/advent-near-deal-buy-canadian-payments-processor-nuvei-source-says-2024-03-16/">reports of a buyout offer</a>.</li>



<li>AEye (NASDAQ:<a href="https://investorplace.com/stock-quotes/aeye-stock-quote/">AEYE</a>) shares are climbing more than 19% despite a lack of news this morning.</li>



<li>Veritone (NASDAQ:<a href="https://investorplace.com/stock-quotes/veri-stock-quote/">VERI</a>) stock is jumping over 18% after <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318167050&amp;type=PDF&amp;symbol=VERI&amp;cdn=72a63103f918a01f22a8eac17570dbfa&amp;companyName=Veritone+Inc.&amp;formType=NT+10-K&amp;formDescription=Notification+of+inability+to+timely+file+Form+10-K+405%2C+10-K%2C+10-KSB+405%2C+10-KSB%2C+10-KT%2C+or+10-KT405&amp;dateFiled=2024-03-18">delaying the filing</a> of its latest earnings report.</li>



<li>Greenwave Tech Solutions (NASDAQ:<a href="https://investorplace.com/stock-quotes/gwav-stock-quote/">GWAV</a>) shares are up more than 17% this morning.</li>
</ol><h2>Top 10 Losers</h2>



<ol><li>Chijet Motor (NASDAQ:<a href="https://investorplace.com/stock-quotes/cjet-stock-quote/">CJET</a>) stock is diving over 16% on Monday morning.</li>



<li>B. Riley Financial, Inc. &ndash; 6.00% Senior Notes Due 2028 (NASDAQ:<a href="https://investorplace.com/stock-quotes/rilyt-stock-quote/">RILYT</a>) are tumbling more than 15% after <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318165617&amp;type=PDF&amp;symbol=RILY&amp;cdn=6dc7a06b14aa178a45950d9588383b5a&amp;companyName=B.+Riley+Financial+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-03-15">delaying its 2023 annual filing</a>.</li>



<li>Aclarion (NASDAQ:<a href="https://investorplace.com/stock-quotes/acon-stock-quote/">ACON</a>) stock is taking an over 11% beating on Monday morning.</li>



<li>Cadrenal Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/cvkd-stock-quote/">CVKD</a>) shares are falling more than 11% today.</li>



<li>B. Riley Financial (NASDAQ:<a href="https://investorplace.com/stock-quotes/rily-stock-quote/">RILY</a>) stock is sliding over 10% alongside the delayed filing.</li>



<li>Kidpik (NASDAQ:<a href="https://investorplace.com/stock-quotes/pik-stock-quote/">PIK</a>) shares are decreasing more than 10% on Monday.</li>



<li>Jet AI (NASDAQ:<a href="https://investorplace.com/stock-quotes/jtai-stock-quote/">JTAI</a>) stock is falling over 10% <a href="https://investorplace.com/2024/03/why-is-jet-ai-jtai-stock-up-89-today/">after a Friday rally</a>.</li>



<li>Shift4 Payments (NYSE:<a href="https://investorplace.com/stock-quotes/four-stock-quote/">FOUR</a>) shares are dropping more than 9% this morning.</li>



<li>Zeo Energy (NASDAQ:<a href="https://investorplace.com/stock-quotes/zeo-stock-quote/">ZEO</a>) stock is retreating over 9% <a href="https://investorplace.com/2024/03/why-is-zeo-energy-zeo-stock-up-58-today/">after recently going public</a>.</li>



<li>Nanobiotix (NASDAQ:<a href="https://investorplace.com/stock-quotes/nbtx-stock-quote/">NBTX</a>) shares close out our pre-market stock movers down more than 9% today.</li>
</ol>On the date of publication, William White&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/03/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-monday-march-18th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Monday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Zeo Energy (ZEO) has issued an update. On March 13, 2024, an agreement was finalized granting certain shareholders of Zeo Energy Corp ("Zeo") regis...

Zeo Energy's Strategic Restructuring and Nasdaq Listing

ACON

AEYE

BNAI

CJET

CVKD

FOUR

JOAN

JTAI

NBTX

NVEI

REBN

RILY

RILYT

TSVT

VERI

VJET

Earnings

Press Releases

Zeo Energy Corp. Reports Fourth Quarter and Full Year 2023 Financial Results

CORRECTION – Zeo Energy Corp. Reports Fourth Quarter and Full Year 2023 Financial Results

Gateway Group Announces Preliminary Presenting Companies for Gateway Conference in San Francisco on September 4-5, 2024

								Get Alert
ZEO	Zeo Energy Corporation Class A	05/09/2024	1.02%	1,689,528	17,289	8,116	2.13	Get Alert
ZEO	Zeo Energy Corporation Class A	04/24/2024	0.33%	1,689,528	5,614	28,799	1	Get Alert
ZEO	Zeo Energy Corporation Class A	04/09/2024	0.44%	1,689,528	7,426	18,577	1	Get Alert
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ZEO	Zeo Energy Corporation Class A	03/26/2024	—	—	5,148	96,544	1	Get Alert

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Zeo Energy Stock (NASDAQ:ZEO), Short Interest Report

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