Gain detailed insights into the trading activity of Congress members for SIG Group on our government trades page. Stay updated on how elected officials are investing in SIGCY.

SIG Group - Government Trades

SIG Group AG is a systems and solutions provider for aseptic carton packaging solutions, comprising filling machines, sleeves, and closures as well as after-market services. Its geographical segments include Europe, the Middle East and Africa (MEA), Asia Pacific (APAC), and the Americas. It generates maximum revenue from the Europe segment. The company offers packaging solutions for the beverages and food industry.

SIG Group AG

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Global

GE Aerospace Signs MOU With Turkish Aerospace And Tusaş Engine Industries Inc. To Evaluate & Collaborate On Integrating GE Aerospace's F404 Engine Into New Hürjet Aircraft Variants

Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) shares are trading higher Monday. The company reportedly announced a new partnership program with several <a href="https://www.redditinc.com/blog/for-our-fan-communities-a-partnership-program-with-major-sports-leagues">major sports leagues.</a>
The Details:
Reddit said the <a href="https://www.redditinc.com/blog/for-our-fan-communities-a-partnership-program-with-major-sports-leagues">new partnerships</a> with the NFL, NBA, MLB, PGA Tour, and NASCAR will allow fans access to video highlights from games and tournaments, player AMAs, behind-the-scenes videos, and more special content on Reddit's platform. Reddit said the partnerships will also benefit advertisers by allowing them to align with the expanded fan content on Reddit.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/24/07/39860370/serve-robotics-stock-rises-after-nvidia-discloses-10-stake">Serve Robotics Stock Rises After Nvidia Discloses 10% Stake</a>
Reddit's stock <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39809916/reddit-rddt-vs-trumps-djt-how-2-high-profile-social-media-stocks-have-fared-since-m">has risen</a> more than 45% since its March 2024 IPO and recently marked an all-time high of $78.08.&nbsp;
<h2 class="wp-block-heading">Will RDDT Stock Go Up? </h2>
When trying to assess whether or not Reddit 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 $65.47 on Reddit. The Street high target is currently at $84 and the Street low target is $45. Of all the analysts covering Reddit, 12 have positive ratings, 4 have neutral ratings and one has a negative rating.
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/RDDT/analyst-ratings">[Analyst Ratings]</a>. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering Reddit have performed in recent history. 
Stocks don't move in a straight line. The average stock market return is approximately 10% per year. Reddit is 32.97% up year-to-date. The average analyst price target suggests the stock could have further downside ahead.
For a broad overview of everything you need to know about Reddit, visit <a href="https://www.benzinga.com/quote/RDDT">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.
RDDT Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Reddit shares are up 6.53% at $68.93 at the time of publication Monday.
Read Also:
<ul>
<li><a href="https://www.benzinga.com/news/24/07/39865576/whats-going-on-with-rivian-stock">What&#8217;s Going On With Rivian Stock?</a></li>
</ul>
Image: Shutterstock

Movers

RDDT

What's Going On With Reddit Stock?

Benchmark analyst Matthew Harrigan reiterates Spotify Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) with a Buy and maintains $405 price target.

Price Target

Reiteration

Analyst Ratings

SPOT

Benchmark Reiterates Buy on Spotify Technology, Maintains $405 Price Target

WIIM

Reddit shares are trading higher after the company announced deals with major sports leagues to get content to its site and draw advertisers.

JP Morgan analyst Andrea Teixeira maintains Church &amp; Dwight Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHD#NYSE">CHD</a>) with a Underweight and raises the price target from $97 to $101.

JP Morgan Maintains Underweight on Church & Dwight Co, Raises Price Target to $101

Reddit shares are trading higher following a report suggesting the company has made deals with major sports leagues to get content to its site and draw advertisers.

Shinhan Financial Group's Largest Shareholder, Korea's National Pension Service, Increased Its Shares Of Common Stock From 40,947,430 To 42,070,912 (Representing 8.26%, As Of June 30, 2024)

JP Morgan analyst Andrea Faria Teixeira maintains Central Garden &amp; Pet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENTA#NASDAQ">CENTA</a>) with a Neutral and lowers the price target from $40 to $38.

CENTA

JP Morgan Maintains Neutral on Central Garden & Pet, Lowers Price Target to $38

Chainlink's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/link/usd">LINK</a>) price has decreased 3.33% over the past 24 hours to $14.08. This is contrary to the coins performance over the past week where it has experienced an up-trend of 1.0%, moving from $13.96 to its current price.
The chart below compares the price movement and volatility for Chainlink over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1721660624_0.png" alt="price_chart" />
The trading volume for the coin has increased 38.0% over the past week. while the overall circulating supply of the coin has decreased 0.33% This puts its current circulating supply at an estimated 60.81% of its max supply, which is 1.00 billion. The current market cap ranking for LINK is #17 at $8.57 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1721660624_1.png" alt="supply_and_vol" />
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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

Cryptocurrency

Markets

Trading Ideas

$LINK

Chainlink Falls More Than 3% In 24 hours

Joint effort enhances the performance and reliability of next-generation data centers with cutting-edge substrate technology
SEOUL, South Korea, July 22, 2024 /PRNewswire/ -- <a href="https://www.samsungsem.com/global/index.do">Samsung Electro-Mechanics</a>&nbsp;(SEMCO) today announced a collaboration with&nbsp;<a href="https://www.amd.com/en.html">AMD</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) to supply high-performance substrates for hyperscale data center compute applications These substrates are made in SEMCO's key the technology hub in Busan and the newly built state of the art factory in Vietnam.
Market research firm Prismark predicts that the semiconductor substrate market will grow at an average annual rate of about 7%, increasing from 15.2 trillion KRW in 2024 to 20 trillion KRW in 2028. SEMCO's substantial investment of 1.9 trillion KRW in the FCBGA&nbsp;factory underscores its commitment to advancing substrate technology and manufacturing capabilities to meet the highest industry standards and the future technology needs.

AMD And Samsung Electro-Mechanics Collaborate To Supply High-Performance Substrates For Hyperscale Data Center Computing In SEMCO's Key Technology Hub In Busan And The Factory In Vietnam

NetEase Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) shares are trading higher by 2.74% to $93.85 during Monday&#8217;s session amid strength in Chinese stocks are trading higher after China lowered <a href="https://www.benzinga.com/government/24/07/39878618/whats-going-on-with-alibaba-and-other-chinese-stocks-on-monday">key interest rates</a>.
Lower interest rates typically reduce borrowing costs for consumers. This can lead to increased discretionary spending as consumers have more disposable income. NetEase, being a major player in online gaming and digital entertainment, would benefit from higher consumer spending on its platforms and services.
The rate cuts are aimed at stimulating the broader economy by encouraging investment and consumption. An improved economic outlook generally boosts investor confidence, leading to higher stock prices across sectors. As part of the Chinese tech sector, NetEase would benefit from this overall economic stimulus.
Lower interest rates also make borrowing cheaper for companies. This allows businesses like NetEase to finance expansion, invest in new technologies, or enhance their product offerings at a lower cost. Such strategic investments can lead to higher future revenues and profits, positively influencing the stock price.
Read Also: <a href="https://www.benzinga.com/news/24/07/39884657/ford-gm-face-profit-decline-as-ev-sales-slow-and-cyber-outages-persist">Ford, GM Face Profit Decline As EV Sales Slow And Cyber Outages Persist</a>
<h2 class="wp-block-heading">How To Buy NTES Stock</h2>
By now you're likely curious about how to participate in the market for NetEase &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so. 
In the the case of NetEase, which is trading at $93.89 as of publishing time, $100 would buy you 1.07 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.

NTES

Why NetEase (NTES) Stock Is Rising

Over the past 24 hours, Avalanche's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/avax/usd">AVAX</a>) price has risen 3.3% to $31.43. This continues its positive trend over the past week where it has experienced a 16.0% gain, moving from $27.17 to its current price. As it stands right now, the coin's all-time high is $144.96. 
The chart below compares the price movement and volatility for Avalanche over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1721660555_0.png" alt="price_chart" />
Avalanche's trading volume has climbed 204.0% over the past week along with the circulating supply of the coin, which has increased 0.08%. This brings the circulating supply to 394.76 million, which makes up an estimated 54.83% of its max supply of 720.00 million. According to our data, the current market cap ranking for AVAX is #12 at $12.41 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1721660555_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$AVAX

Avalanche's Price Increased More Than 3% Within 24 hours

Toncoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">TON</a>) price has decreased 3.51% over the past 24 hours to $6.94, continuing its downward trend over the past week of -6.0%, moving from $7.43 to its current price. 
The chart below compares the price movement and volatility for Toncoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1721660546_0.png" alt="price_chart" />
Toncoin's trading volume has climbed 5.0% over the past week along with the circulating supply of the coin, which has increased 0.44%. This brings the circulating supply to 2.51 billion. According to our data, the current market cap ranking for TON is #10 at $17.46 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1721660546_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$TON

Toncoin Decreases More Than 3% Within 24 hours

Benchmark analyst Todd Brooks maintains Domino's Pizza (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>) with a Buy and lowers the price target from $575 to $520.

Benchmark Maintains Buy on Domino's Pizza, Lowers Price Target to $520

JP Morgan analyst Arun Jayaram maintains Halliburton (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) with a Overweight and lowers the price target from $45 to $40.

JP Morgan Maintains Overweight on Halliburton, Lowers Price Target to $40

Truist Securities analyst Neal Dingmann maintains APA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APA#NASDAQ">APA</a>) with a Buy and lowers the price target from $52 to $45.

Truist Securities Maintains Buy on APA, Lowers Price Target to $45

Over the next 20 years, Boeing (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) projects a continued significant demand for aviation personnel as the global commercial airplane fleet&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4214987-1&amp;h=2980284382&amp;u=https%3A%2F%2Fwww.boeing.com%2Fcommercial%2Fmarket%2Fcommercial-market-outlook&amp;a=continues+to+expand">continues to expand</a>. The company's <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4214987-1&amp;h=1101898563&amp;u=https%3A%2F%2Fwww.boeing.com%2Fcommercial%2Fmarket%2Fpilot-technician-outlook%2F&amp;a=2024+Pilot+and+Technician+Outlook">2024 Pilot and Technician Outlook</a> (PTO) shows the industry will require nearly 2.4 million new professionals to support the growing commercial fleet and meet the long-term increase in air travel.
According to the latest PTO, commercial carriers will need the following new personnel through 2043 to sustain the global commercial fleet:
<ul>
<li>674,000 pilots</li>
<li>716,000 maintenance technicians
<ul>
<li>980,000 cabin crew members.</li>
</ul>
</li>
</ul>

Boeing Projects Global Need For Nearly 2.4M New Commercial Pilots, Technicians, Cabin Crew Through 2043 To Sustain The Global Commercial Fleet

Over the past 24 hours, Dogecoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) price rose 3.15% to $0.14. This continues its positive trend over the past week where it has experienced a 16.0% gain, moving from $0.12 to its current price. As it stands right now, the coin's all-time high is $0.73. 
The chart below compares the price movement and volatility for Dogecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
<img src="https://www.benzinga.com/files/images/story/2024/1721660476_0.png" alt="price_chart" />
The trading volume for the coin has risen 145.0% over the past week diverging from the circulating supply of the coin, which has decreased 0.02%. This brings the circulating supply to 145.21 billion. According to our data, the current market cap ranking for DOGE is #9 at $19.84 billion.
<img src="https://www.benzinga.com/files/images/story/2024/1721660476_1.png" alt="supply_and_vol" />
<a href="https://www.coingecko.com/en/api">Powered by CoinGecko API</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$DOGE

Dogecoin Up More Than 3% In 24 hours

In the last three months, 6 analysts have published ratings on PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>), offering a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing 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;">4</td>
<td style="text-align: right;">1</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;">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>
<tr>
<td>1M 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>2M Ago</td>
<td style="text-align: right;">2</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>
</tr>
<tr>
<td>3M 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>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $56.83, a high estimate of $61.00, and a low estimate of $51.00. Surpassing the previous average price target of $51.20, the current average has increased by 11.0%.
<img src="https://www.benzinga.com/files/images/story/2024/1721660474_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive PAR Technology. The following summary outlines 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>Will Nance</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$51.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Charles Nabhan</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$60.00</td>
<td>$46.00</td>
</tr>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Raises</td>
<td>Buy</td>
<td>$61.00</td>
<td>$59.00</td>
</tr>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$57.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Mark Palmer</td>
<td>Benchmark</td>
<td>Announces</td>
<td>Buy</td>
<td>$59.00</td>
<td>-</td>
</tr>
<tr>
<td>Mayank Tandon</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$53.00</td>
<td>$53.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PAR Technology. 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 PAR Technology compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of PAR Technology's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of PAR Technology's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/PAR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on PAR Technology analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Discovering PAR Technology: A Closer Look</h2>
PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation, and communication services. It has two segments. The restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software, and integrated technical solutions to the restaurant and retail industries. The government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment.
<h3>Breaking Down PAR Technology's Financial Performance</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Positive Revenue Trend: Examining PAR Technology's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.04% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Net Margin: PAR Technology's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -17.34%, the company may face hurdles in effective cost management.
Return on Equity (ROE): PAR Technology's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -4.26%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): PAR Technology's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -2.02%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: PAR Technology's debt-to-equity ratio stands notably higher than the industry average, reaching 0.73. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>The Basics of Analyst Ratings</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Peeling Back The Layers: Exploring PAR Technology Through Analyst Insights

MicroStrategy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) shares are calm on Monday after rising 14.4% on Friday on the back of continued upward momentum for Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and the broader crypto space. Here&#8217;s what <a href="https://www.benzinga.com/news/24/07/39864835/whats-going-on-with-microstrategy-shares-friday">you need to know</a>.
What To Know: MicroStrategy shares have been seeing increased attention in recent trading sessions amid a rebound in the price of bitcoin.
Bitcoin is up about 7% over the past week as sentiment continues to improve and money continues to pour into digital asset investment products, which saw <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39880421/bitcoin-dominates-ethereum-rebounds-heres-how-much-crypto-funds-raked-in-last-week">$1.35 billion in inflows</a> last week, bringing total inflows over the past three weeks up to $3.2 billion. ETF trading volumes were also up about 45% on a week-over-week basis. 
MicroStrategy is also seeing increased attention ahead of earnings and a stock split that is set to take effect in the coming weeks.
MicroStrategy will report financial results for the second quarter after the market close on Aug. 1. The company is expected to report a loss of $1.10 per share and quarterly revenue of $122.6 million, according to estimates from <a href="http://pro.benzinga.com">Benzinga Pro</a>. 
MicroStrategy will also enact a 10-for-1 stock split by means of a dividend to holders of record as of the market close on Aug. 1. Holders of MicroStrategy shares will receive nine additional shares for each share held. The shares are expected to be distributed after the market close on Aug. 7. MicroStrategy stock is expected to begin trading on a split-adjusted basis at the market open on Aug. 8. 
MicroStrategy is a business intelligence, mobile software and cloud-based services company, focused on accumulating bitcoin. Last month, the company raised $800 million through a convertible note offering. MicroStrategy said it planned to use the proceeds to acquire additional bitcoin. MicroStrategy held 226,331 bitcoin as of June 20. 
Don&#8217;t Miss: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39880421/bitcoin-dominates-ethereum-rebounds-heres-how-much-crypto-funds-raked-in-last-week">Bitcoin Dominates, Ethereum Rebounds: Here&#8217;s How Much Crypto Funds Raked In Last Week</a>
MSTR Price Action: <a href="https://www.benzinga.com/quote/MSTR">MicroStrategy shares</a> were down 1.77% at $1,746.95 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Eivind Pedersen from Pixabay.

$BTC

MSTR

What's Going On With MicroStrategy Stock Monday?

SIG Group AG goes ex dividend tomorrow

SIGCY

SIG Group

Transferred From Daniel Goldman Grandchildren 1986 Trust Tlh Adr

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Government Trades

SIG Group AG

top performing SIGCY trades