Latest news for Mpact (OTC:MPPTF) Stock

Mpact Ltd manufactures and sells a variety of paper and plastics packaging products. The company organizes itself into two segments based on product type. The paper segment, which generates the majority of revenue, sells corrugated and paper board products used for packaging. The paper is made from a combination of recycled materials and bagasse, a fiber residue of the sugar cane plant. The plastics segment sells polyethylene terephthalate bottles and jars used for carbonated soft drinks, water, and food, as well as plastic jumbo bins, pallets, and crates. The company derives maximum revenue comes from South Africa.

Mpact Ltd

<p>The world's leading central banks have opened a fresh phase of interest rate cuts, spurred by a softening in<a href="https://www.benzinga.com/topic/inflation"> inflation across advanced economies.</a></p>
<p>With inflation sliding closer to target levels, policymakers are keen to unwind some of the policy restrictiveness that's become a drag on growth. </p>
<p>But a significant outlier on the global monetary scene is raising eyebrows—and concerns—for an interest-rate-fueled rally in the stock market.</p>
<p>On Thursday, the European Central Bank (ECB) took its turn, delivering a second 25 basis point rate cut following a similar move in June. </p>
<p>While ECB President <strong>Christine Lagarde</strong> stopped short of promising more cuts, she hinted that future decisions would be data-driven. </p>
<p>However, Frankfurt doesn't have the luxury of dragging its feet: growth is already on life support, and Germany, the region's economic heavyweight, is teetering on the edge of a recession.</p>
<p>"We still think that data will end up pushing the ECB to accelerate the cutting cycle," said Bank of America's European economist <strong>Ruben Segura-Cayuela </strong>in a post-meeting note.</p>
<h3 class="wp-block-heading">Global Central Banks In Sync, Almost</h3>
<p>Earlier this month, the Bank of Canada trimmed its key interest rate by 25 basis points to 4.25%. Policymakers there flagged concerns about missing their inflation targets on the downside—something that would have been unthinkable just a year ago, when inflation overshoot was the name of the game.</p>
<p>Meanwhile, an interest rate cut from the Federal Reserve next week is practically a done deal. </p>
<p>The only questions lingering for markets now are the magnitude and pace: Will the Fed cut by 25 or 50 basis points? Will it move at every meeting or take a more gradual, every-other-meeting approach?</p>
<p>The Bank of England remains a tight call, with economists forecasting a razor-thin 5-4 vote in favor of a rate cut next week.</p>
<p>"At this stage, markets are only discussing the magnitude and sequencing of this cut and those to follow. But regardless of the outcome, global monetary policy convergence is set to begin," Bank of America economist Antonio Gabriel noted recently.</p>
<p>According to Bank of America this newfound global monetary coordination is likely to weaken the dollar from its historically elevated levels, but any dollar decline could be tempered by potential U.S. policy shifts after the upcoming election. </p>
<h3 class="wp-block-heading">The Bank of Japan&#8217;s Outlier Stance: A Wildcard For Markets</h3>
<p>The one glaring outlier in this synchronized easing spree? The Bank of Japan (BOJ). </p>
<p>Tokyo has clearly decided it's not playing by the same rulebook. </p>
<p>While the world's major central banks are cutting, the BOJ hiked rates in July—its second hike this year following a move in March—and signaled that more hikes could be on the horizon. With annual inflation running at 2.8%, well above the BOJ's 2% target, Japan's monetary policy looks set on a divergent path.</p>
<p>BOJ Governor <strong>Kazuo Ueda</strong> reiterated earlier this month that the BOJ would continue raising rates if the economy and inflation behave as expected.</p>
<p><strong>Ed Yardeni</strong>, the veteran market strategist, weighed in on this divergence, pointing to the ripple effects it's having across markets: "The carry trade is still unwinding. Expectations that the Fed will lower rates while the BOJ continues to hike have boosted the yen, forcing traders to unwind their carry trades."</p>
<p>For those not fluent in financial jargon, the carry trade refers to the strategy of borrowing yen at near-zero interest rates to invest in higher-yielding assets elsewhere, such as long-term Treasuries or even stocks. Now, with the yen appreciating, those trades are being unwound, sparking a rout in some of the market&#8217;s most richly valued stocks.</p>
<p>Yardeni highlighted a key inverse correlation between the yen and the Nasdaq 100, which has been holding since the start of the year.</p>
<p>Whenever the Japanese currency, as tracked by the<strong> Invesco CurrencyShares Japanese Yen Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXY#NYSE">FXY</a>), strengthens, the latter, as monitored through the <strong>Invesco QQQ Trust, Series 1</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), weakens. </p>
<h3 class="wp-block-heading">Chart: Inverse Relationship Between Japanese Yen And U.S. Tech Stocks</h3>
<p><figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="442" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12154252/image-101-1024x442.png" alt="" class="wp-image-545503" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12154252/image-101-1024x442.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12154252/image-101-300x129.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12154252/image-101-768x331.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12154252/image-101-1536x662.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12154252/image-101.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption"><em>Image: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091224&amp;t=be2bearmibe3na1">Benzinga Pro</a></em></figcaption></figure></p>
<p>Read now: </p>
<ul>
<li><strong><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40823561/this-under-the-radar-defensive-ai-sector-quietly-outperforms-all-others-despite-rec">This Under-The-Radar Defensive AI Sector Quietly Outperforms All Others, Despite Receiving &#8216;No Love&#8217; From Investors</a></strong></li>
</ul>
<p><em>Image created using artificial intelligence via Midjourney.</em></p>


Asia

Equities

Macro Economic Events

Broad U.S. Equity ETFs

Eurozone

Currency ETFs

Global

Econ #s

Economics

Federal Reserve

Tech

ETFs

Major Central Banks Slash Rates In Sync, But One Holdout Threatens To Derail Bulls' Momentum: 'Carry Trade Is Still Unwinding'

Earnings

News

HSCS

HeartSciences Cash And Cash Equivalents Of $4.3M And Shareholder's Equity Of $5.9M As Of July 31, 2024

General

ONMD

OneMedNet Receives Notice From Nasdaq Listing Qualifications Department Regarding Delayed Forms 10-Q

<p>Freedom is an owner and operator of compressed natural gas (CNG) and renewable natural gas (RNG) fueling infrastructure in Texas.</p>


Apollo Funds Acquires Majority Interest In Freedom CNG; No Terms Disclosed

<p><strong>Wells Fargo &amp; Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) shares traded lower Thursday after the U.S. Office of the Comptroller of the Currency (OCC) entered into a formal agreement with the company as related to its anti-money laundering (AML) and <a href="https://www.benzinga.com/pressreleases/24/09/b40840626/wells-fargo-issues-statement-on-agreement-with-occ">sanctions risk management practices.&nbsp;</a></p>
<p><strong>The Details:</strong> The OCC said that it found deficiencies relating to Wells Fargo's anti-money laundering internal controls and financial crimes risk management practices.&nbsp;</p>
<p>Wells Fargo issued a statement Thursday announcing a new agreement, which will require enhancements to the bank's anti-money laundering (AML) and sanctions risk management practices, obtaining the OCC&#8217;s acceptance of Wells Fargo's program for assessing the AML and sanctions risks of new offerings and providing notice to the OCC before expanding certain of those offerings. </p>
<p><strong>Read Next: </strong><a href="https://www.benzinga.com/news/large-cap/24/09/40820349/nvidia-ceo-jensen-huang-admits-its-tense-as-surging-demand-for-blackwell-chips-sparks-customer-fru"><strong>Nvidia CEO Jensen Huang Admits &#8216;It&#8217;s Tense&#8217; As Surging Demand For Blackwell Chips Sparks Customer Frustration</strong></a></p>
<p>&#8220;We have been working to address a substantial portion of what&#8217;s required in the formal agreement, and we are committed to completing the work with the same sense of urgency as our other regulatory commitments,&#8221; Wells Fargo said in the statement issued Thursday.&nbsp;</p>
<p><strong>WFC Price Action:</strong> According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Well Fargo shares ended Thursday's session 4.02% lower at $51.57.</p>
<p><strong>Read Also:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40818948/whats-going-on-with-first-solar-stock"><strong>What&#8217;s Going On With First Solar Stock?</strong></a></li>
</ul>
<p><em>Photo: Shutterstock</em></p>


Government

Regulations

Legal

Movers

Wells Fargo Reaches Agreement With US Bank Regulatory Agency About Anti-Money Laundering, Financial Crimes Risk Management Practices

Dividends

Keurig Dr Pepper Increases Dividend From $0.86 To $0.92/Share

<p>High-rolling investors have positioned themselves bullish on Redfin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDFN#NASDAQ">RDFN</a>), and it's important for retail traders to take note.<br />
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in RDFN often signals that someone has privileged information.</p>
<p>Today, Benzinga's options scanner spotted 9 options trades for Redfin. This is not a typical pattern.</p>
<p>The sentiment among these major traders is split, with 44% bullish and 33% bearish. Among all the options we identified, there was one put, amounting to $31,200, and 8 calls, totaling $252,828.</p>
<h3>Predicted Price Range</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $7.0 to $30.0 for Redfin over the last 3 months. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Redfin's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Redfin's whale activity within a strike price range from $7.0 to $30.0 in the last 30 days. </p>
<h3>Redfin 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726172239_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>RDFN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.2</td>
<td>$0.15</td>
<td>$0.19</td>
<td>$30.00</td>
<td>$54.7K</td>
<td>7.5K</td>
<td>5.2K</td>
</tr>
<tr>
<td>RDFN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.15</td>
<td>$0.1</td>
<td>$0.15</td>
<td>$30.00</td>
<td>$34.1K</td>
<td>7.5K</td>
<td>2.2K</td>
</tr>
<tr>
<td>RDFN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$1.6</td>
<td>$1.45</td>
<td>$1.56</td>
<td>$7.00</td>
<td>$31.2K</td>
<td>1.4K</td>
<td>206</td>
</tr>
<tr>
<td>RDFN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$1.9</td>
<td>$1.8</td>
<td>$1.9</td>
<td>$11.00</td>
<td>$30.4K</td>
<td>3.7K</td>
<td>171</td>
</tr>
<tr>
<td>RDFN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$1.85</td>
<td>$1.75</td>
<td>$1.75</td>
<td>$11.00</td>
<td>$28.0K</td>
<td>3.7K</td>
<td>333</td>
</tr>
</tbody>
</table>
</p>
<h3>About Redfin</h3>
<p>Redfin Corp is a residential real estate broker. It pairs its agents with the technology to create a service that is faster and costs less. The company meets customers through a listings-search website and mobile application. The company uses the same combination of technology and local service to originate mortgage loans and offer title and settlement services. It has five operating segments and three reportable segments, real estate services, rentals, and mortgage. The company generates the majority of its revenue from Real estate services.</p>
<p>In light of the recent options history for Redfin, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Current Position of Redfin</h3>
<ul>
<li>With a volume of 6,326,345, the price of RDFN is up 5.36% at $11.5. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 49 days.</li>
</ul>
<h3>Expert Opinions on Redfin</h3>
<p>In the last month, 1 experts released ratings on this stock with an average target price of $13.0.</p>
<ul>
<li>An analyst from B. Riley Securities has elevated its stance to Buy, setting a new price target at $13. </li>
</ul>
<p>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.</p>
<p>If you want to stay updated on the latest options trades for Redfin, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Markets

RDFN

Smart Money Is Betting Big In RDFN Options

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>Crown Castle</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CCI, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 9 options trades for <strong>Crown Castle</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 22% bullish and 55%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $85,248, and 8, calls, for a total amount of $402,750.</p>
<h3>What's The Price Target?</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $60.0 to $125.0 for Crown Castle during the past quarter. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>In today's trading context, the average open interest for options of Crown Castle stands at 2213.86, with a total volume reaching 3,812.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Crown Castle, situated within the strike price corridor from $60.0 to $125.0, throughout the last 30 days.</p>
<h3>Crown Castle Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726172234_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$14.7</td>
<td>$14.4</td>
<td>$14.69</td>
<td>$125.00</td>
<td>$85.2K</td>
<td>9</td>
<td style="text-align: right;">59</td>
</tr>
<tr>
<td>CCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$18.9</td>
<td>$18.5</td>
<td>$18.7</td>
<td>$100.00</td>
<td>$65.4K</td>
<td>585</td>
<td style="text-align: right;">60</td>
</tr>
<tr>
<td>CCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$2.65</td>
<td>$2.6</td>
<td>$2.6</td>
<td>$120.00</td>
<td>$65.0K</td>
<td>8.5K</td>
<td style="text-align: right;">410</td>
</tr>
<tr>
<td>CCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$59.8</td>
<td>$59.0</td>
<td>$59.1</td>
<td>$60.00</td>
<td>$59.1K</td>
<td>10</td>
<td style="text-align: right;">52</td>
</tr>
<tr>
<td>CCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$16.5</td>
<td>$16.1</td>
<td>$16.26</td>
<td>$105.00</td>
<td>$56.9K</td>
<td>84</td>
<td style="text-align: right;">35</td>
</tr>
</tbody>
</table>
</p>
<h3>About Crown Castle</h3>
<p>Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 90,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest us cities. The company has a very concentrated customer base, with about 75% of its revenue coming from the big three us mobile carriers. Crown Castle operates as a real estate investment trust.</p>
<p>Following our analysis of the options activities associated with Crown Castle, we pivot to a closer look at the company's own performance.</p>
<h3>Current Position of Crown Castle</h3>
<ul>
<li>Trading volume stands at 2,182,446, with CCI's price down by -0.89%, positioned at $119.07.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 34 days.</li>
</ul>
<p>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.</p>
<p>If you want to stay updated on the latest options trades for Crown Castle, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Crown Castle Unusual Options Activity For September 12

<p>Financial giants have made a conspicuous bullish move on Snap. Our analysis of options history for Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) revealed 8 unusual trades.</p>
<p>Delving into the details, we found 37% of traders were bullish, while 25% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $196,000, and 6 were calls, valued at $368,332.</p>
<h3>Expected Price Movements</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $7.0 to $15.0 for Snap over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Snap's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Snap's significant trades, within a strike price range of $7.0 to $15.0, over the past month.</p>
<h3>Snap Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726172229_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$1.41</td>
<td>$1.37</td>
<td>$1.39</td>
<td>$15.00</td>
<td>$152.9K</td>
<td>5.5K</td>
<td>1.2K</td>
</tr>
<tr>
<td>SNAP</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$1.34</td>
<td>$1.32</td>
<td>$1.33</td>
<td>$8.00</td>
<td>$133.0K</td>
<td>3.8K</td>
<td>1.0K</td>
</tr>
<tr>
<td>SNAP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$1.26</td>
<td>$1.24</td>
<td>$1.26</td>
<td>$8.00</td>
<td>$63.0K</td>
<td>11</td>
<td>1.0K</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$0.13</td>
<td>$0.12</td>
<td>$0.12</td>
<td>$10.00</td>
<td>$60.0K</td>
<td>14.4K</td>
<td>8.3K</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$0.23</td>
<td>$0.22</td>
<td>$0.22</td>
<td>$9.50</td>
<td>$52.8K</td>
<td>24.5K</td>
<td>4.5K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Snap</h3>
<p>Snap owns one of the most popular social networking apps, Snapchat, claiming more than 400 million daily active users as of the end of 2023. Snap generates nearly all its revenue from advertising. While only about one quarter of users are in North America, the region accounts for about 65% of sales.</p>
<p>Following our analysis of the options activities associated with Snap, we pivot to a closer look at the company's own performance.</p>
<h3>Snap's Current Market Status</h3>
<ul>
<li>Trading volume stands at 22,481,473, with SNAP's price up by 3.89%, positioned at $9.35.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 40 days.</li>
</ul>
<h3>What Analysts Are Saying About Snap</h3>
<p>A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $8.0.</p>
<ul>
<li>Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Neutral with a new price target of $8.</li>
</ul>
<p>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 Snap options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


SNAP

Snap Options Trading: A Deep Dive into Market Sentiment

WIIM

AUPH

Aurinia Pharmaceuticals shares are trading higher after the company announced a board restructuring consisting of seven members.

<p>180 Life Sciences Corp. ("180" or the "Company") is pleased to announce the appointment of Omar Jimenez as its new Chief Financial Officer, effective September 30, 2024. Mr. Jimenez, already a director of the Company, will play a key role in driving the financial strategy of the Company as it continues to grow and innovate in the pharma and biotechnology sectors.<br /><br />&nbsp;</p>
<p>"We are excited to have Omar stepping onto our executive team," said Mr. Blair Jordan, CEO of 180. "His extensive financial expertise, combined with his forward-thinking approach, makes him the ideal CFO to guide us through this exciting chapter of growth and transformation for the Company."</p>


Management

ATNF

180 Life Sciences Announces The Appointment Of Omar Jimenez As Chief Financial Officer, Effective September 30, 2024

Stock Split

LKCO

Luokung Expects To Implement 8-To-1 Share Combination

Contracts

L3Harris Bags 5-year Contract, Worth Up To $587.4M, To Deliver Custom Tactical Jamming Pods Designed To Modernize US Navy's Aerial Electronic Attack Capability

<p><strong>New Roles in Stores and Distributions Centers across US, Canada and Puerto Rico</strong>&nbsp;&nbsp;</p>
<p>COLUMBUS, Ohio, Sept. 12, 2024 /PRNewswire/ -- Bath and Body Works will hire 30,000 new seasonal associates at its more than 1,800 stores in the US, Canada and Puerto Rico and 2,700 distribution center associates for its four central Ohio distribution centers.&nbsp;&nbsp;</p>


BBWI

Bath & Body Works Recruits More Than 30K New Seasonal Associates Ahead Of Holidays

<p><a href="https://www.globenewswire.com/Tracker?data=XYaTK6UTn-D2L80k7GL_hkvdtrz2BVjXEsZPaKMpxUOLULayXBEpbpikibkQ91jYsW55hWmJzTge6g5V7a4fxA==">1PointFive</a>, a wholly owned subsidiary of Occidental, announced today that the U.S. Department of Energy's Office of Clean Energy Demonstrations (OCED) will provide up to $500 million to support the development of the South Texas Direct Air Capture (DAC) Hub. The award is a milestone in furthering commercial-scale DAC in the United States and validation of Occidental and 1PointFive's ability to use their decades-long expertise in carbon management to accelerate the vital climate technology.<br /><br />&nbsp;</p>
<p>The funding will be provided in multiple tranches. The initial award of $50 million will advance 1PointFive's ongoing work at the South Texas DAC Hub. Upcoming activities include engineering, permitting, the procurement of long-lead equipment and continued community engagement to further 1PointFive's community benefits plan. The total award value for the South Texas DAC Hub is expected to be up to $500 million for the initial DAC facility at the site, and potentially increased up to $650 million for the development of an expanded regional carbon network in South Texas.</p>


Occidental's 1PointFive's South Texas Direct Air Capture Hub Awarded $500M U.S. Department Of Energy Funding For The Initial DAC Facility At The Site, And Potentially Could Be Increased Up To $650M For The Development Of An Expanded Regional Carbon Network In South Texas

ORCL

Oracle shares are trading higher after the company reportedly said it sees FY29 revenue of at least $104 billion.

MRVI

Maravai Lifesciences Holdings On Sept 10, Amended Existing Credit Agreement To Extend Maturity Date Of Revolving Credit Facility By Five Years

<p><a href="https://www.globenewswire.com/Tracker?data=Ye6xEP05F6VovE35cpE4gxSQ7Ihu-4JkY9Sb8soUSF7AVlgs_haqH2OHk4XibwxOMg-CCCJMCBQkofAXw1cQtLy8_BhA1CizFqrjIomJLco="><strong>Workhorse Group Inc.</strong></a><strong> (Nasdaq: </strong><a href="https://www.globenewswire.com/Tracker?data=D2-C7gOIwbz-vFBD2KLbULwM--TVC5WzI67Zbn8JbGL9P6NDdrtfINRg2Urrv7HplU1L-rQfSPcVtSRTt0Ui6U-krG2bR1RsICiIxyM87Rg="><strong>WKHS</strong></a><strong>) ("Workhorse" or "the Company")</strong>, an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced its participation as a Presidential Exhibitor at the 2024 FedEx Forward Service Provider Summit, taking place in Orlando, Florida, from October 1-4, 2024. This annual event brings together FedEx Service Providers from across the United States to highlight the latest in transportation innovation and discuss the future of logistics.<br /><br />&nbsp;</p>
<p>As a Presidential Exhibitor, Workhorse will feature its flagship 100% electric W56 step van in the event's Ride &amp; Drive, offering attendees the opportunity to experience the vehicle's capabilities firsthand. With purpose-designed features for last-mile parcel and package delivery, the W56 offers class-leading range, substantial payload capacity, and an all-electric powertrain, providing a no-compromise solution for fleet electrification.</p>


WKHS

Workhorse Joins FedEx Forward Service Provider Summit, Showcasing W56 Electric Vehicle As Presidential Exhibitor

Aurinia Pharmaceuticals Restructures Board Of Directors; Three Directors Resign After Receiving Less Than Majority Support At 2024 AGM; Restructured Board Consists Of 7 Members; CEO Peter Greenleaf Remains A Director Despite Conditional Resignation, While Kevin Tang Of Tang Capital Management Joins As A New Director

<p>Radiant Logistics (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/RLGT#AMEX">RLGT</a>) reported quarterly earnings of $0.14 per share which beat the analyst consensus estimate of $0.10 by 40 percent.  The company reported quarterly sales of $206.032 million which beat the analyst consensus estimate of $201.853 million by 2.07 percent.  This is a 11.28 percent decrease over sales of $232.225 million the same period last year.</p>


Earnings Beats

RLGT

Radiant Logistics Q4 2024 Adj. EPS $0.14 Beats $0.10 Estimate, Sales $206.032M Beat $201.853M Estimate

Mpact

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