GBTC - Hot Stocks: AMZN could take Bitcoin boosting RIOT GBTC MSTR BTBT; ASAN hits high; PCG sets new low
Nikolay Pandev/E+ via Getty Images While investors waited for a few closely watched earnings reports from the tech space this week, Bitcoin spent Monday's session in the spotlight. The cryptocurrency jumped on speculation that Amazon (AMZN) might accept it as payment This, in turn, sparked gains in Bitcoin-related stocks like Riot Blockchain, Inc. (RIOT), Grayscale Bitcoin Trust (GBTC), Microstrategy (MSTR) and Bit Digital (BTBT). Stepping away from futuristic assets like cryptocurrency, an old-fashioned ball-bearing maker also got some headlines on Monday. RBC Bearings (ROLL) was one of the biggest gainers on the session following news that it has agreed to make a multi-billion-dollar purchase. Meanwhile, ATI Physical Therapy (ATIP) posted one of the day's biggest losses. The retreat came on a disappointing Q2 report. Wall Street and other industries have seen a continued focus on hybrid working models lately, amid a resurgence in COVID worries. This helped shares of Asana
For further details see:
Hot Stocks: AMZN could take Bitcoin, boosting RIOT, GBTC, MSTR, BTBT; ASAN hits high; PCG sets new low