La catena delle opzioni mostra i dati chiave delle opzioni azionarie di Berto Acquisition a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per Berto Acquisition..

Berto Acquisition (NASDAQ:TACO) Azioni, Catena delle Opzioni

Del Taco Restaurants

Berto Acquisition Corp is a blank check company.

The IPO market saw <a href="https://www.morningstar.com/articles/1072332/the-biggest-ipos-of-2021">record </a>listings and capital raised in 2021. Several well-known big name companies joined the public markets in 2021, while other private companies delayed their listings or chose to raise private capital instead. Several carryovers from 2021 could go public in 2022m along with some new rumored companies.&nbsp;
Here is a look at seven companies that could be among the biggest IPOs in 2022 if they materialize.&nbsp;
Reddit: One of the most highly anticipated IPOs of 2022 will likely be Reddit, which recently&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/21/12/24636435/reddit-files-confidential-paperwork-to-go-public-a-year-into-wallstreetbets-fueled-popular">filed </a>confidential paperwork to go public.
The company, which is home to the popular WallStreetBets subreddit, saw an increase in users and usage in 2021. Reddit reported 366 million posts made on its site from January through November, up 19% year-over-year. Comments on posts were up 12% year-over-year to 2.3 billion.
The popularity of WallStreetBets helped boost the storyline of stock price moves for GameStop Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gme#NYSE">GME</a>) and AMC Entertainment Holdings (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>) in 2021. The Reddit IPO could see strong demand from retail traders and funds, knowing the value of demand for shares. Tencent Holdings (OTC: <a class="ticker" href="https://www.benzinga.com/stock/tcehy#OTC">TCEHY</a>) <a href="https://www.benzinga.com/news/21/12/24682525/could-an-anticipated-reddit-ipo-give-tencent-a-value-boost-what-investors-should-know">owns </a>a stake in Reddit worth around 5% to 10% of the company thanks to its investment in several funding rounds.
Discord: One company that enjoyed a boost from an increase of retail traders and the boom in&nbsp;<a href="https://www.benzinga.com/money/what-is-a-non-fungible-token-nft/">non-fungible tokens</a> was Discord. The community platform company became a place for people to share investment ideas and also for NFT projects to engage with holders and potential investors. Discord<a href="https://www.benzinga.com/news/21/05/20925690/discord-lands-minority-investment-from-rival-sony-after-it-rejected-microsoft-bid"> turned down </a>a reported $10-billion buyout offer from Microsoft Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>) in 2021. The company instead turned to Sony Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sony#NYSE">SONY</a>) for an investment and partnership.
Discord has over 140 million users and saw revenue soar from $45 million in 2019 to $130 million in 2020. Discord was <a href="https://www.benzinga.com/news/21/09/22965486/gaming-social-media-platform-discord-valued-at-15b-in-latest-funding">valued </a>at $15 billion in a September funding round led by Dragoneer Investment Group.
OpenSea: NFT marketplace OpenSea was one of the hottest stories in 2021 as the company benefited as one of the only places to buy and sell NFTs with scale. OpenSea could be nearing an IPO as it <a href="https://www.benzinga.com/markets/cryptocurrency/21/12/24476486/former-lyft-cfo-joins-nft-marketplace-opensea-plans-ipo-instead-of-token">hired </a>Brian Roberts, the former CFO of rideshare company Lyft Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lyft#NASDAQ">LYFT</a>). The move was seen as a step in the IPO route and Roberts helped strengthen the potential of a listing with his comments.
&ldquo;I&rsquo;ve seen a lot of P&amp;Ls, but I&rsquo;ve never seen a P&amp;L like this,&rdquo; Roberts said. &ldquo;When you have a company growing as fast as this one, you&rsquo;d be foolish not to think about it going public.&rdquo;
OpenSea was <a href="https://www.benzinga.com/markets/cryptocurrency/21/11/24173544/opensea-nearing-10b-valuation-four-months-after-having-a-1-5b-valuation-report">valued </a>at $10 billion in a recent funding round, four months after being valued at $1.5 billion. OpenSea hit $11 billion in sales volume in November &mdash;&nbsp;impressive growth, as the company had sales volume of $24 million in all of 2020 and $8 million in all of 2019.
The company could be pushing for a public listing to get ahead of or coincide with a <a href="https://www.benzinga.com/markets/cryptocurrency/21/10/23471861/coinbase-passes-2-million-registrations-for-nft-platform-company-shares-plans-for-launch">competing </a>NFT marketplace coming from cryptocurrency company Coinbase Global Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/coin#NASDAQ">COIN</a>).
Related Link: <a href="https://www.benzinga.com/trading-ideas/long-ideas/21/12/24678198/how-2020s-hottest-ipos-have-performed-in-2021">How 2020&rsquo;s Hottest IPOs Have Performed In 2021</a>
Instacart: Grocery delivery company Instacart was expected to be one of the hottest IPOs of 2021, but the company pushed back its public listing plans, which could mean a 2022 IPO is on the table.
The company delayed its listing to focus on strengthening its services for retailers beyond deliver, according to a report from <a href="https://www.theinformation.com/articles/instacart-pushes-off-public-offering-to-focus-on-grocery-services-growth">The Information</a>. Instacart counts Uber Technologies (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uber#NYSE">UBER</a>) and DoorDash (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dash#NYSE">DASH</a>) among its key competitors. In March 2021, Instacart <a href="https://techcrunch.com/2021/03/02/instacart-raises-265m-at-a-39b-valuation/">raised </a>$265 million in a funding round that valued the company at $39 billion. The new funding round doubled Instacart&rsquo;s valuation from an October 2020 funding round.
Panera: Despite the headwinds of the COVID-19 pandemic and dining room closures, the restaurant sector was ripe with acquisitions and public debuts in 2021. Jack in the Box (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jack#NASDAQ">JACK</a>) <a href="https://www.benzinga.com/m-a/21/12/24468088/5-restaurant-stocks-to-watch-after-jack-in-the-box-buys-del-taco-are-more-deals-coming">acquiring </a>Del Taco Restaurants (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/taco#NASDAQ">TACO</a>) and Restaurant Brands International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qsr#NYSE">QSR</a>) <a href="https://www.benzinga.com/m-a/21/11/24103043/restaurant-brands-to-acquire-firehouse-subs-what-investors-should-know#:~:text=The%20Acquisition%3A%20Restaurant%20Brands%20International,Firehouse%20Subs%20at%20%241%20billion">acquiring </a>Firehouse Subs were among the largest M&amp;A deals in the sector.
Fast casual brand Portillos Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ptlo#NASDAQ">PTLO</a>) went public in October and shares are up 90% in its first few months as a public company.
One restaurant company set to go public in 2022 is Panera. Previously a public company, Panera is expected to go public via a traditional IPO that will <a href="https://www.benzinga.com/m-a/21/11/23984588/panera-returning-to-public-market-with-ipo-how-you-can-get-early-access-via-spac-merger">include </a>SPAC USHG Acquisition (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hugs#NYSE">HUGS</a>) as a &ldquo;cornerstone partner&rdquo; in the listing.
Impossible Foods: One company that has been an anticipated public listing for several years is Impossible Foods. The plant based company and rival to Beyond Meat (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bynd#NASDAQ">BYND</a>) has <a href="https://www.fooddive.com/news/impossible-foods-raises-500m-bringing-its-lifetime-funding-to-more-than/610497/">raised </a>over $2 billion in various funding rounds. A $500 million funding round in 2021 was the company&rsquo;s first significant raise since two funding rounds in 2020 or $500 million and $200 million. Impossible Foods has expanded its product offerings and expanded into new countries. Product launches included Impossible Sausage, Impossible Chicken Nuggets and Impossible Pork. The company has products available in over 22,000 grocery stores and over 40,000 restaurants. Impossible Foods has said it will eventually go public, which could mean a 2022 IPO is likely to happen.
Databricks: One of the hottest IPOs in 2022 might be a company you&rsquo;ve never heard of. Data intelligence and artificial intelligence company Databricks <a href="https://databricks.com/company/newsroom/press-releases/databricks-raises-1-6-billion-series-h-investment-at-38-billion-valuation">landed </a>a $1.6-billion funding round in August that valued the company at $39 billion. Investors in the company include Morgan Stanley, Baillie Gifford, Andreessen Horowitz, BlackRock, Canada Pension Plan, T. Rowe Price, Tiger Global and Fidelity. Databricks is used by over 5,000 companies worldwide including over 40% of Fortune 500 companies. Competitor Snowflake Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/snow#NYSE">SNOW</a>) went public in September 2020 and shares are up 185% from their listing price of $120 in 15 months. Databricks <a href="https://techcrunch.com/2021/08/31/databricks-raises-1-6b-at-38b-valuation-as-it-blasts-past-600m-arr/">has </a>annual recurring revenue of $600 million, up from $425 million at the end of 2020.
Photo courtesy of Impossible Foods.&nbsp;

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7 Potential IPOs In 2022: Discord, OpenSea, Impossible Foods And More

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Benzinga's Top Ratings Upgrades, Downgrades For December 7, 2021

The restaurant sector was hit hard by the COVID-19 pandemic, with many companies that relied on dine-in guests seeing significant revenue declines. Companies that had strong drive-thru sales and third-party delivery services saw strength in different times of the pandemic.
Recent Deals, IPOs: Activity in restaurant stocks has also picked up on the public markets with several IPOs and deals announced.
On Monday, Jack in the Box Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jack#NASDAQ">JACK</a>) <a href="https://www.benzinga.com/m-a/21/12/24456307/jack-in-the-box-to-buy-del-taco-restaurants-for-575m-at-66-premium">announced </a>it was acquiring Del Taco Restaurants (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/taco#NASDAQ">TACO</a>) for $575 million. The deal will give the combined company <a href="https://investors.jackinthebox.com/news/news-details/2021/Jack-in-the-Box-to-Acquire-Del-Taco-Combining-Two-Challenger-Brands-to-Create-Substantial-Opportunities-for-Growth-and-Increased-Profitability/default.aspx">over </a>2,800 locations in 25 states.
Del Taco is the second-largest Mexican QSR chain by units, with over 600 locations in 16 states.
Firehouse Subs is set to be <a href="https://www.benzinga.com/m-a/21/11/24103043/restaurant-brands-to-acquire-firehouse-subs-what-investors-should-know#:~:text=The%20Acquisition%3A%20Restaurant%20Brands%20International,Firehouse%20Subs%20at%20%241%20billion.">acquired </a>by Restaurant Brands International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qsr#NYSE">QSR</a>) for $1 billion recently, in a move that will diversify the owner of Burger King and Tim Horton&rsquo;s. The company has been actively pursuing acquisitions. Firehouse Brands has over 1,200 units in 46 states, which are 97% franchised.
Fast casual brand Portiollos Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ptlo#NASDAQ">PTLO</a>) went public in October and now has a market capitalization of $1.3 billion.
Panera <a href="https://www.benzinga.com/m-a/21/11/23984588/panera-returning-to-public-market-with-ipo-how-you-can-get-early-access-via-spac-merger">announced </a>plans to return to the public markets with an IPO that includes early access to USHG Acquisition (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hugs#NYSE">HUGS</a>) investors. The SPAC will be a &ldquo;cornerstone partner&rdquo; on the IPO and its Chairman Danny Meyer will join Panera&rsquo;s Board of Directors.
With the recent activity in the restaurant space, here are several companies that could be considered acquisition targets.
Bloomin Brands: Outback Steakhouse parent company Bloomin&nbsp;Brands Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blmn#NASDAQ">BLMN</a>) has been discussed as a buyout candidate for years. The latest <a href="https://www.benzinga.com/news/21/11/23857666/bloomin-brands-shares-see-volume-hearing-deal-reporter-says-sees-large-activist-sniffing-around-stoc">reports </a>from Dealreporter say activist investors are pushing for a potential sale. Bloomin also owns Carraba&rsquo;s Italian Grill and Bonefish Grill. The company has over 1,450 restaurants in 47 states and more than 20 countries.
BJ&rsquo;s Restaurants: Casual dining company BJ&rsquo;s Restaurants Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bjri#NASDAQ">BJRI</a>) operates as a pizzeria and brewhouse. The company <a href="https://investors.bjsrestaurants.com/news/news-details/2021/BJs-Restaurants-Inc.-Reports-Fiscal-2021-Third-Quarter-Results/default.aspx">saw </a>third quarter sales increase 42% as more people returned to restaurants. BJ&rsquo;s has 212 restaurants in 29 states, with a goal of hitting over 425 locations in the United States. With a market capitalization of $756 million and shares closer to their 52-week low, the company could look ripe for a buyout.
Related Link:<a href="https://www.benzinga.com/news/earnings/21/11/23964515/5-food-stocks-to-watch-ahead-of-this-weeks-earnings-doordash-wendys-and-more"> 5 Food Stocks To Watch Ahead Of This Week&#39;s Earnings: DoorDash, Wendy&#39;s And More&nbsp;</a>
El Pollo Loco: Combining QSR and fast casual, El Pollo Loco Holdings Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/loco#NASDAQ">LOCO</a>) sees itself as QSR+, a segment offering the best of both sectors. The chain has 475 company owned locations and has been rumored as an acquisition target by Dealreporter before. El Pollo Loco recently <a href="https://investor.elpolloloco.com/news-releases/news-release-details/el-pollo-loco-holdings-inc-announces-third-quarter-2021">announced </a>the resignation of its CEO. The company is currently being led by its interim CEO, who also serves as the Chief Financial Officer.
Now could be the perfect time for the company to look at buyout offers it may have received. Shares traded up by 6.5% on&nbsp;Monday but are still near their 52-week low. The company has a current&nbsp;market capitalization of $494 million.
Fiesta Restaurant Group: Pollo Tropical owner Fiesta Restaurant Group (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/frgi#NASDAQ">FRGI</a>) is a potential restaurant acquisition given its low market capitalization, room for expansion and past sale experience. The company <a href="https://www.frgi.com/news/press-release-details/2021/Fiesta-Restaurant-Group-Inc.-Reports-Third-Quarter-2021-Results/default.aspx">has </a>138 company owned locations and 31 franchised locations in the U.S. and several countries.
Fiesta completed a sale of its Taco Cabana brand in the third quarter, leaving it with just the Pollo Tropical brand. The company&rsquo;s market capitalization is over $260 million.
Potbelly Corp: Sandwich shop brand Potbelly Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pbpb#NASDAQ">PBPB</a>) could find itself an acquisition target eight years after going public. Shares of Potbelly were offered at $14 in its IPO and more than doubled in their first day of trading. Since that time, shares have fallen and now trade at $5.59, giving the company a market capitalization of around $160 million.
The company <a href="https://investors.potbelly.com/news-releases/news-release-details/potbelly-corporation-reports-results-third-fiscal-quarter-2021">has </a>seen its average unit volume rise for three consecutive quarters and saw same store sales up 33.7% in the third quarter, which could signal a rebound. The company has over 400 company owned stores, which could make Potbelly a play on moving to a franchise model under new ownership.

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5 Restaurant Stocks To Watch After Jack In The Box Buys Del Taco: Are More Deals Coming?

Benchmark analyst Todd Brooks downgrades Del Taco Restaurants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TACO#NASDAQ">TACO</a>) from Buy to Hold.

Benchmark Downgrades Del Taco Restaurants to Hold

Jefferies analyst Alexander Slagle downgrades Del Taco Restaurants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TACO#NASDAQ">TACO</a>) from Buy to Hold and lowers the price target from $14 to $12.51.

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Jefferies Downgrades Del Taco Restaurants to Hold, Lowers Price Target to $12.51

<h3>Gainers</h3>
<ul>
<li>Insignia Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/isig#NASDAQ">ISIG</a>) shares jumped 200.4% to close at $15.05 on Monday after the company announced the commencement of a formal process to explore strategic options to maximize shareholder value, including potential merger or acquisition.</li>
<li>Del Taco Restaurants, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/taco#NASDAQ">TACO</a>) shares climbed 66.1% to close at $12.51 on Monday. Jack In The Box Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jack#NASDAQ">JACK</a>) agreed to acquire Del Taco Restaurants for $12.51 per share in cash in a deal valued at about $575 million.</li>
<li>Cumberland Pharmaceuticals Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cpix#NASDAQ">CPIX</a>) rose 51.2% to settle at $6.94 on above-average volume.</li>
<li>Adicet Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acet#NASDAQ">ACET</a>) shares gained 38.5% to close at $13.57 after the company announced interim data from its dose escalation Phase 1 study evaluating the safety and tolerability of ADI-001.</li>
<li>Advanced Human Imaging Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ahi#NASDAQ">AHI</a>) surged 30.9% to settle at $6.02.</li>
<li>eFFECTOR Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eftr#NASDAQ">EFTR</a>) gained 29.1% to close at $7.37.</li>
<li>Cloopen Group Holding Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/raas#NYSE">RAAS</a>) climbed 27% to settle at $3.43.</li>
<li>Edgewise Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ewtx#NASDAQ">EWTX</a>) gained 22.8% to close at $18.42.</li>
<li>GH Research PLC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ghrs#NASDAQ">GHRS</a>) gained 21.9% to close at $23.47 after the company reported better-than-expected Q3 EPS results.</li>
<li>IN8bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/inab#NASDAQ">INAB</a>) rose 21.4% to close at $6.80. IN8bio, last month, named Trishna Goswami, M.D. as Chief Medical Officer.</li>
<li>Liberty TripAdvisor Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ltrpa#NASDAQ">LTRPA</a>) gained 21.1% to close at $2.47.</li>
<li>Progenity, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/prog#NASDAQ">PROG</a>) rose 19.5% to close at $2.82.</li>
<li>Vasta Platform Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vsta#NASDAQ">VSTA</a>) gained 18.8% to settle at $2.91.</li>
<li>Xiaobai Maimai Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hx#NASDAQ">HX</a>) rose 18% to close at $2.69.</li>
<li>Atreca, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bcel#NASDAQ">BCEL</a>) climbed 17.8% to settle at $3.38.</li>
<li>Priority Technology Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/prth#NASDAQ">PRTH</a>) rose 17.3% to close at $7.13.</li>
<li>GCP Applied Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gcp#NYSE">GCP</a>) gained 17.1% to close at $31.64. Saint-Gobain announced plans to buy GCP Applied Technologies in a deal valued at around $2.3 billion.</li>
<li>FG Financial Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fgf#NASDAQ">FGF</a>) jumped 16.6% to settle at $3.79 as the company said its SPAC Platform partner, Aldel Financial has completed their previously announced business combination with Hagerty.</li>
<li>Byrna Technologies Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/byrn#NASDAQ">BYRN</a>) gained 16% to close at $15.16 after the company issued Q4 sales guidance above estimates and announced a $30 million buyback.</li>
<li>Quoin Pharmaceuticals, Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qnrx#NASDAQ">QNRX</a>) rose 15.8% to close at $3.74.</li>
<li>Kubient, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kbnt#NASDAQ">KBNT</a>) climbed 15.8% to close at $2.8250. Kubient, last month, posted a Q3 loss of $0.16 per share.</li>
<li>KLX Energy Services Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/klxe#NASDAQ">KLXE</a>) gained 15.7% to settle at $3.57.</li>
<li>North European Oil Royalty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrt#NYSE">NRT</a>) rose 14.8% to close at $9.86.</li>
<li>Vicinity Motor Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vev#NASDAQ">VEV</a>) climbed 14.8% to close at $3.96.</li>
<li>Offerpad Solutions Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/opad#NYSE">OPAD</a>) rose 14.8% to settle at $7.38.</li>
<li>Sonendo, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sonx#NYSE">SONX</a>) gained 14.7% to close at $9.50.</li>
<li>Twin Vee Powercats Co. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/veee#NASDAQ">VEEE</a>) rose 13.8% to settle at $3.30.</li>
<li>Recruiter.com Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rcrt#NASDAQ">RCRT</a>) rose 9.8% to close at $3.14.</li>
<li>CF Acquisition Corp. VI (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cfvi#NASDAQ">CFVI</a>) rose 6.7% to close at $12.70 on continued strength following the SPACs announcement of a merger with Rumble.</li>
</ul>
&nbsp;
<a href="https://www.benzinga.com/investing/best-penny-stocks/">Check out these big penny stock gainers and losers</a>
<h3>Losers</h3>
<ul>
<li>Bolt Biotherapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bolt#NASDAQ">BOLT</a>) shares fell 55.8% to settle at $4.64 on Monday. Bolt Biotherapeutics announced the presentation of interim clinical data from its Phase 1/2 study of BDC-1001.</li>
<li>Alset EHome International Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aei#NASDAQ">AEI</a>) shares dropped 41.7% to close at $0.6302 on Monday after the company priced its $30 million underwritten public offering.</li>
<li>Reata Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/reta#NASDAQ">RETA</a>) fell 37.8% to close at $48.92. Traders circulated the FDA briefing document saying &#39;FDA review team does not believe the submitted data demonstrate that bardoxolone is effective in slowing the loss of kidney function in patients with AS...&#39;</li>
<li>Aeglea BioTherapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agle#NASDAQ">AGLE</a>) declined 36.5% to close at $3.81 after the company announced data from the Phase 3 study of pegzilarginase in Arginase 1 Deficiency (ARG1-D) patients aged two years and older. ARG1-D is a rare disease characterized by high levels of the amino acid arginine. The disease manifestations include spasticity, developmental delay, intellectual disability, and seizures.</li>
<li>MiNK Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/inkt#NASDAQ">INKT</a>) fell 34.6% to settle at $6.85.</li>
<li>Nam Tai Property Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ntp#NYSE">NTP</a>) fell 29.8% to close at $10.00. Nam Tai Property confirmed results of special meeting of shareholders.</li>
<li>Adagio Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adgi#NASDAQ">ADGI</a>) dipped 29% to close at $32.53.</li>
<li>Finch Therapeutics Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fnch#NASDAQ">FNCH</a>) fell 28.4% to close at $10.97.</li>
<li>Elevation Oncology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/elev#NASDAQ">ELEV</a>) fell 28.3% to close at $4.35.</li>
<li>Arqit Quantum Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/arqq#NASDAQ">ARQQ</a>) dipped 27.6% to settle at $27.07 amid a rotation out of the space as well as a rise in treasury yields, which has pressured growth names.</li>
<li>Creative Medical Technology Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/celz#NASDAQ">CELZ</a>) dropped 27.4% to close at $1.62.</li>
<li>Beyond Air, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xair#NASDAQ">XAIR</a>) fell 23.4% to close at $10.36.</li>
<li>IsoPlexis Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iso#NASDAQ">ISO</a>) fell 22.7% to settle at $8.02.</li>
<li>Pyxis Oncology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pyxs#NASDAQ">PYXS</a>) dipped 20.9% to close at $9.64.</li>
<li>POINT Biopharma Global Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pnt#NASDAQ">PNT</a>) fell 20.9% to settle at $6.22.</li>
<li>Imago BioSciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/imgo#NASDAQ">IMGO</a>) fell 20.6% to close at $16.22. Imago BioSciences, last month, posted a Q3 loss of $0.44 per share.</li>
<li>OceanPal Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/op#NASDAQ">OP</a>) fell 19.5% to settle at $3.30. OceanPal recently entered into a time charter trip contract for its Panamax dry bulk vessel, the m/v Calipso, a 73,691 dwt vessel built in 2005, at a gross charter rate of $18,750 per day, for about 15-20 days.</li>
<li>BioNTech SE (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bntx#NASDAQ">BNTX</a>) dropped 18.7% to close at $279.83 as vaccine names pulled back after gaining in late November amid omicron concerns.</li>
<li>Onion Global Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/og#NYSE">OG</a>) dipped 18% to settle at $3.18.</li>
<li>uCloudlink Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ucl#NASDAQ">UCL</a>) fell 17.5% to close at $2.31.</li>
<li>Vaxxinity, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vaxx#NASDAQ">VAXX</a>) fell 17% to close at $7.32. B of A Securities initiated coverage on Vaxxinity with a Buy rating and announced a price target of $21.</li>
<li>Entrada Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/trda#NASDAQ">TRDA</a>) dropped 16.7% to settle at $22.26.</li>
<li>Enjoy Technology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/enjy#NASDAQ">ENJY</a>) declined 16.2% to close at $4.51.</li>
<li>Bird Global, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/brds#NYSE">BRDS</a>) fell 13.7% to close at $6.87.</li>
<li>Moderna, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrna#NASDAQ">MRNA</a>) dipped 13.5% to close at $265.33. Moderna President Stephen Hoge said there&rsquo;s a &ldquo;real risk&rdquo; that existing COVID-19 vaccines will be less effective against omicron, reported Bloomberg. In contrast, U.S. medical adviser Anthony Fauci said the variant&rsquo;s severity might be limited.</li>
<li>Kazia Therapeutics Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kzia#NASDAQ">KZIA</a>) fell 13.4% to clsoe at $7.92.&nbsp;Kazia Therapeutics, last week announced&nbsp;final data from a Phase<a href="https://www.kaziatherapeutics.com/site/PDF/c48e1a7b-fff2-4115-8c77-1aa8663246e9/KaziareleasesfinaldatafromP2paxalisibtrial" target="_blank"> </a>2 study&nbsp;of paxalisib as first-line therapy in patients with glioblastoma.</li>
<li>AEye, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lidr#NASDAQ">LIDR</a>) fell 12.7% to close at $4.60.</li>
<li>Zscaler, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zs#NASDAQ">ZS</a>) fell 12.4% to close at $274.36. Daiwa Capital downgraded Zscaler from Neutral to Underperform and announced a $286 price target.</li>
<li>Erasca, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eras#NASDAQ">ERAS</a>) dropped 11.5% to close at $12.51. Erasca, last month, posted a Q3 loss of $0.46 per share.</li>
<li>BuzzFeed (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bzfd#NASDAQ">BZFD</a>) fell 11% to close at $8.56. The company has called itself &quot;the first publicly traded purely digital media company.&quot; Buzzfeed started trading on the Nasdaq on Monday.</li>
<li>AST SpaceMobile, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asts#NASDAQ">ASTS</a>) shares fell 8.9% to close at $8.42. AST SpaceMobile, last month, posted Q3 EPS of $0.07 on sales of $2.45 million.</li>
</ul>

Penny Stocks

Pre-Market Outlook

Markets

Movers

ACET

ADGI

AGLE

ARQQ

ASTS

BCEL

BNTX

BOLT

BRDS

BYRN

BZFD

CELZ

CFVI

CPIX

EFTR

ELEV

ENJY

ERAS

EWTX

FNCH

GHRS

IMGO

INAB

INKT

ISIG

KBNT

KLXE

KZIA

LIDR

LTRPA

OPAD

PROG

PRTH

PYXS

QNRX

RAAS

RCRT

RETA

SONX

TRDA

VEEE

VSTA

XAIR

60 Biggest Movers From Yesterday

Wedbush analyst Nick Setyan downgrades Del Taco Restaurants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TACO#NASDAQ">TACO</a>) from Outperform to Neutral and lowers the price target from $15 to $12.5.

Wedbush Downgrades Del Taco Restaurants to Neutral, Lowers Price Target to $12.5

Toward the end of trading Monday, the Dow traded up 2.11% to 35,308.84 while the NASDAQ rose 1.24% to 15,272.25. The S&amp;P also rose, gaining 1.51% to 4,607.08.
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 49,969,850 cases with around 808,760 deaths. India confirmed a total of at least 34,641,560 cases and 473,530 deaths, while Brazil reported over 22,143,090 COVID-19 cases with 615,670 deaths. In total, there were at least 266,264,960 cases of COVID-19 worldwide with more than 5,273,750 deaths.

Leading and Lagging Sectors

Energy shares climbed 2.3% on Monday. Meanwhile, top gainers in the <a href='https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/'>sector</a> included Ranger Oil Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rocc#NASDAQ">ROCC</a>), up 13% and Civitas Resources, Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/civi#NYSE">CIVI</a>) up 12%.

In trading on Monday, health care shares rose by just 0.6%.

Top Headline

Science Applications International Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/saic#NYSE">SAIC</a>) reported better-than-expected earnings for its third quarter and raised its FY22 forecast.
Science Applications reported a quarterly profit of $1.85 per share, beating analysts&rsquo; estimates of $1.50 per share. The company&rsquo;s quarterly sales came in at $1.90 billion, versus expectations of $1.88 billion.
Science Applications raised its FY22 EPS guidance from $6.50-$6.70 to $6.75-$6.95. The company also boosted sales guidance from $7.3 billion-$7.4 billion to $7.35 billion -$7.40 billion.
&nbsp;
Equities Trading UP

Del Taco Restaurants, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/taco#NASDAQ">TACO</a>) shares shot up 66% to $12.50. Jack In The Box Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jack#NASDAQ">JACK</a>) agreed to acquire Del Taco Restaurants for $12.51 per share in cash in a deal valued at about $575 million.

Shares of Insignia Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/isig#NASDAQ">ISIG</a>) got a boost, shooting 153% to $12.67 after the company reported review of strategic alternatives.

Adicet Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acet#NASDAQ">ACET</a>) shares were also up, gaining 36% to $13.35 after the company announced interim data from its dose escalation Phase 1 study evaluating the safety and tolerability of ADI-001.
<a href="https://www.benzinga.com/movers">Check out these big movers of the day</a>

Equities Trading DOWN
Bolt Biotherapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bolt#NASDAQ">BOLT</a>) shares tumbled 52% to $5.08. Bolt Biotherapeutics announced the presentation of interim clinical data from its Phase 1/2 study of BDC-1001.

Shares of Aeglea BioTherapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agle#NASDAQ">AGLE</a>) were down 35% to $3.93 after the company announced data from the Phase 3 study of pegzilarginase in Arginase 1 Deficiency (ARG1-D) patients aged two years and older. ARG1-D is a rare disease characterized by high levels of the amino acid arginine. The disease manifestations include spasticity, developmental delay, intellectual disability, and seizures.

Alset EHome International Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aei#NASDAQ">AEI</a>) was down, falling 40% to $0.6493 after the company announced the pricing of an underwritten public offering totaling $30 million in gross proceeds.

Commodities
In commodity news, oil traded up 4.1% to $68.96, while gold traded down 0.2% to $1,781.10.

Silver traded down 0.7% Monday to $22.32 while copper rose 1.8% to $4.3430.

Euro zone
European shares closed higher today. The eurozone&rsquo;s STOXX 600 gained 1.28%, the Spanish Ibex Index rose 2.4% and the German DAX 30 gained 1.39%. Meanwhile, the London&rsquo;s FTSE 100 climbed 1.54%, French CAC 40 jumped 1.48% and Italy&rsquo;s FTSE MIB surged 2.16%.
The IHS Markit Eurozone construction PMI climbed to 53.3 in November from 51.2 in October, while German construction PMI rose to 47.9 in November from 47.7 a month ago. New orders for German manufactured goods dropped 6.9% in October. The IHS Markit Italy construction PMI surged to 65.5 in November from 58.6 in the previous month, while French construction PMI rose to 51.6 in November from 50.3.

Economics

There were no major US economic releases Monday.
<a href="https://www.benzinga.com/calendar/economics/">Check out the full economic calendar here </a>

Earnings

Emerging Markets

Commodities

Global

CIVI

ROCC

SAIC

Mid-Afternoon Market Update: Dow Jumps 700 Points; Del Taco Restaurants Shares Spike Higher

<h3>Gainers</h3>
<ul>
<li>Del Taco Restaurants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TACO#NASDAQ">TACO</a>) shares increased by 66.0% to $12.5 during Monday's regular session. The current volume of 7.9 million shares is 3748.77% of Del Taco Restaurants's average full-day volume over the last 100 days (last updated at 12:30 EST). The market value of their outstanding shares is at $454.9 million. </li>
<li>Aterian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATER#NASDAQ">ATER</a>) stock rose 14.91% to $4.7. Trading volume for this security as of 12:30 EST is 2.6 million, which is 10.66% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $251.5 million. </li>
<li>Vasta Platform (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTA#NASDAQ">VSTA</a>) shares moved upwards by 14.69% to $2.81. As of 12:30 EST, this security is trading at a volume of 128.0K shares, making up 137.08% of its average full-day volume over the last 100 days. The company's market cap stands at $234.2 million. </li>
<li>Volta (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLTA#NYSE">VLTA</a>) stock moved upwards by 12.29% to $9.12. The market value of their outstanding shares is at $1.4 billion. </li>
<li>Norwegian Cruise Line (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) stock rose 11.48% to $20.39. As of 12:30 EST, Norwegian Cruise Line's stock is trading at a volume of 23.2 million, which is 139.07% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $8.5 billion. </li>
<li>Cango (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CANG#NYSE">CANG</a>) stock rose 10.86% to $2.96. The current volume of 195.8K shares is 77.65% of Cango's average full-day volume over the last 100 days (last updated at 12:30 EST). The company's market cap stands at $432.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Onion Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OG#NYSE">OG</a>) shares decreased by 19.33% to $3.13 during Monday's regular session. Trading volume for Onion Global's stock is 102.7K as of 12:30 EST. This is 31.83% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $279.3 million. </li>
<li>China Online Education Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COE#NYSE">COE</a>) stock declined by 12.24% to $1.22. As of 12:30 EST, China Online Education Gr's stock is trading at a volume of 357.3K, which is 70.29% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $26.2 million. </li>
<li>Yunji (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YJ#NASDAQ">YJ</a>) stock declined by 10.57% to $0.64. As of 12:30 EST, Yunji's stock is trading at a volume of 469.2K, which is 204.2% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $135.4 million. </li>
<li>Secoo Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SECO#NASDAQ">SECO</a>) shares declined by 9.69% to $0.41. The current volume of 175.1K shares is 150.46% of Secoo Holding's average full-day volume over the last 100 days (last updated at 12:30 EST). The company's market cap stands at $29.0 million. </li>
<li>Faraday Future (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIE#NASDAQ">FFIE</a>) stock fell 9.65% to $5.16. The company's market cap stands at $152.2 million. </li>
<li>Duolingo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>) stock fell 9.04% to $99.21. The company's market cap stands at $3.7 billion. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ATER

CANG

DUOL

FFIE

NCLH

SECO

VLTA

12 Consumer Discretionary Stocks Moving In Monday's Intraday Session

Midway through trading Monday, the Dow traded up 1.94% to 35,251.31 while the NASDAQ rose 0.55% to 15,168.35. The S&amp;P also rose, gaining 1.20% to 4,592.83.
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 49,969,850 cases with around 808,760 deaths. India confirmed a total of at least 34,641,560 cases and 473,530 deaths, while Brazil reported over 22,143,090 COVID-19 cases with 615,670 deaths. In total, there were at least 266,264,960 cases of COVID-19 worldwide with more than 5,273,750 deaths.

Leading and Lagging Sectors

Utilities shares climbed 2.4% on Monday. Meanwhile, top gainers in the <a href='https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/'>sector</a> included PG&amp;E Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pcg#NYSE">PCG</a>), up 5% and Unitil Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/utl#NYSE">UTL</a>) up 6%.

In trading on Monday, health care shares rose by just 0.4%.

Top Headline

Science Applications International Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/saic#NYSE">SAIC</a>) reported better-than-expected earnings for its third quarter and raised its FY22 forecast.
Science Applications reported a quarterly profit of $1.85 per share, beating analysts&rsquo; estimates of $1.50 per share. The company&rsquo;s quarterly sales came in at $1.90 billion, versus expectations of $1.88 billion.
Science Applications raised its FY22 EPS guidance from $6.50-$6.70 to $6.75-$6.95. The company also boosted sales guidance from $7.3 billion-$7.4 billion to $7.35 billion -$7.40 billion.
&nbsp;
Equities Trading UP

Del Taco Restaurants, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/taco#NASDAQ">TACO</a>) shares shot up 65% to $12.42. Jack In The Box Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jack#NASDAQ">JACK</a>) agreed to acquire Del Taco Restaurants for $12.51 per share in cash in a deal valued at about $575 million.

Shares of Insignia Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/isig#NASDAQ">ISIG</a>) got a boost, shooting 41% to $7.05 after the company reported review of strategic alternatives.

Adicet Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acet#NASDAQ">ACET</a>) shares were also up, gaining 41% to $13.78 after the company announced interim data from its dose escalation Phase 1 study evaluating the safety and tolerability of ADI-001.
<a href="https://www.benzinga.com/movers">Check out these big movers of the day</a>

Equities Trading DOWN
Bolt Biotherapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bolt#NASDAQ">BOLT</a>) shares tumbled 49% to $5.35. Bolt Biotherapeutics announced the presentation of interim clinical data from its Phase 1/2 study of BDC-1001.

Shares of Aeglea BioTherapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agle#NASDAQ">AGLE</a>) were down 34% to $3.98 after the company announced data from the Phase 3 study of pegzilarginase in Arginase 1 Deficiency (ARG1-D) patients aged two years and older. ARG1-D is a rare disease characterized by high levels of the amino acid arginine. The disease manifestations include spasticity, developmental delay, intellectual disability, and seizures.

Alset EHome International Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aei#NASDAQ">AEI</a>) was down, falling 43% to $0.6125 after the company priced its $30 million underwritten public offering.

Commodities
In commodity news, oil traded up 3.1% to $68.33, while gold traded down 0.2% to $1,781.30.

Silver traded down 0.6% Monday to $22.34 while copper rose 1% to $4.3115.

Euro zone
European shares were higher today. The eurozone&rsquo;s STOXX 600 gained 1.29%, the Spanish Ibex Index rose 2.29% and the German DAX 30 gained 0.84%. Meanwhile, the London&rsquo;s FTSE 100 climbed 0.8%, French CAC 40 jumped 0.62% and Italy&rsquo;s FTSE MIB surged 1.88%.
The IHS Markit Eurozone construction PMI climbed to 53.3 in November from 51.2 in October, while German construction PMI rose to 47.9 in November from 47.7 a month ago. New orders for German manufactured goods dropped 6.9% in October. The IHS Markit Italy construction PMI surged to 65.5 in November from 58.6 in the previous month, while French construction PMI rose to 51.6 in November from 50.3.

Economics

The Investor Movement Index for November will be released at 12:30 p.m. ET.
<a href="https://www.benzinga.com/calendar/economics/">Check out the full economic calendar here </a>

Eurozone

Mid-Day Market Update: Crude Oil Rises 3%; Aeglea BioTherapeutics Shares Plunge

<h3>Gainers</h3>
<ul>
<li>Del Taco Restaurants, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/taco#NASDAQ">TACO</a>) shares jumped 64.6% to $12.40. Jack In The Box Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jack#NASDAQ">JACK</a>) agreed to acquire Del Taco Restaurants for $12.51 per share in cash in a deal valued at about $575 million.</li>
<li>BuzzFeed (NASDAQ: BZFD) surged 37.2% to $13.20. The company has called itself &quot;the first publicly traded purely digital media company.&quot; Buzzfeed started trading on the Nasdaq today.</li>
<li>Insignia Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/isig#NASDAQ">ISIG</a>) gained 31.5% to $6.59 after the company reported review of strategic alternatives.</li>
<li>Adicet Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acet#NASDAQ">ACET</a>) shares climbed 28.2% to $12.56 after the company announced interim data from its dose escalation Phase 1 study evaluating the safety and tolerability of ADI-001.</li>
<li>Cloopen Group Holding Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/raas#NYSE">RAAS</a>) gained 23% to $3.3174.</li>
<li>Sunlands Technology Group (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/stg#NYSE">STG</a>) jumped 18.2% to $3.7850. Sunlands Technology announced that its Board has approved a share repurchase program to repurchase up to $15 million of its Class A ordinary shares.</li>
<li>GCP Applied Technologies Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gcp#NYSE">GCP</a>) rose 15.3% to $31.15. Saint-Gobain announced plans to buy GCP Applied Technologies in a deal valued at around $2.3 billion.</li>
<li>Recruiter.com Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rcrt#NASDAQ">RCRT</a>) gained 14.3% to $3.27.</li>
<li>Sonendo, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sonx#NYSE">SONX</a>) surged 12.9% to $9.35.</li>
<li>Kubient, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kbnt#NASDAQ">KBNT</a>) rose 12.7% to $2.75. Kubient, last month, posted a Q3 loss of $0.16 per share.</li>
<li>North European Oil Royalty Trust (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrt#NYSE">NRT</a>) gained 12.3% to $9.65.</li>
<li>Vicinity Motor Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vev#NASDAQ">VEV</a>) gained 11.6% to $3.85.</li>
<li>Atreca, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bcel#NASDAQ">BCEL</a>) gained 9.7% to $3.15.</li>
<li>CF Acquisition Corp. VI (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cfvi#NASDAQ">CFVI</a>) rose 7.4% to $12.78 on continued strength following the SPACs announcement of a merger with Rumble.</li>
</ul>

<a href="https://www.benzinga.com/investing/best-penny-stocks/">Check out these big penny stock gainers and losers</a>
<h3>Losers</h3>
<ul>
<li>Alset EHome International Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aei#NASDAQ">AEI</a>) fell 43.3% to $0.6119 after the company priced its $30 million underwritten public offering.</li>
<li>Bolt Biotherapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bolt#NASDAQ">BOLT</a>) shares dipped 42.4% to $6.05. Bolt Biotherapeutics announced the presentation of interim clinical data from its Phase 1/2 study of BDC-1001.</li>
<li>Reata Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/reta#NASDAQ">RETA</a>) fell 37.2% to $49.42. Traders circulated the FDA briefing document saying &#39;FDA review team does not believe the submitted data demonstrate that bardoxolone is effective in slowing the loss of kidney function in patients with AS...&#39;</li>
<li>Aeglea BioTherapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agle#NASDAQ">AGLE</a>) fell 29.8% to $4.2150 after the company announced data from the Phase 3 study of pegzilarginase in Arginase 1 Deficiency (ARG1-D) patients aged two years and older. ARG1-D is a rare disease characterized by high levels of the amino acid arginine. The disease manifestations include spasticity, developmental delay, intellectual disability, and seizures.</li>
<li>Finch Therapeutics Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fnch#NASDAQ">FNCH</a>) dropped 20% to $12.26.</li>
<li>Adagio Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/adgi#NASDAQ">ADGI</a>) fell 18.8% to $37.22</li>
<li>Vaxxinity, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vaxx#NASDAQ">VAXX</a>) dipped 18.3% to $7.20. B of A Securities initiated coverage on Vaxxinity with a Buy rating and announced a price target of $21.</li>
<li>Beyond Air, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xair#NASDAQ">XAIR</a>) dropped 17.5% to $11.15.</li>
<li>Imago BioSciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/imgo#NASDAQ">IMGO</a>) fell 17.1% to $16.94. Imago BioSciences, last month, posted a Q3 loss of $0.44 per share.</li>
<li>OceanPal Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/op#NASDAQ">OP</a>) fell 16.8% to $3.41. OceanPal recently entered into a time charter trip contract for its Panamax dry bulk vessel, the m/v Calipso, a 73,691 dwt vessel built in 2005, at a gross charter rate of $18,750 per day, for about 15-20 days.</li>
<li>Nam Tai Property Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ntp#NYSE">NTP</a>) fell 16% to $11.97. Nam Tai Property confirmed results of special meeting of shareholders.</li>
<li>AEye, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lidr#NASDAQ">LIDR</a>) dipped 15.6% to $4.4450.</li>
<li>Erasca, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eras#NASDAQ">ERAS</a>) dropped 14.3% to $12.12. Erasca, last month, posted a Q3 loss of $0.46 per share.</li>
<li>Bird Global, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/brds#NYSE">BRDS</a>) fell 14.1% to $6.84.</li>
<li>BioNTech SE (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bntx#NASDAQ">BNTX</a>) dropped 13.6% to $297.03 as vaccine names pulled back after gaining in late November amid omicron concerns.</li>
<li>Moderna, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrna#NASDAQ">MRNA</a>) dipped 12.4% to $268.54. Moderna President Stephen Hoge said there&rsquo;s a &ldquo;real risk&rdquo; that existing COVID-19 vaccines will be less effective against omicron, reported Bloomberg. In contrast, U.S. medical adviser Anthony Fauci said the variant&rsquo;s severity might be limited.</li>
<li>AST SpaceMobile, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asts#NASDAQ">ASTS</a>) shares fell 11.9% to $8.14. AST SpaceMobile, last month, posted Q3 EPS of $0.07 on sales of $2.45 million.</li>
<li>Zscaler, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zs#NASDAQ">ZS</a>) fell 10.1% to $281.73. Daiwa Capital downgraded Zscaler from Neutral to Underperform and announced a $286 price target.</li>
<li>Ebang International Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ebon#NASDAQ">EBON</a>) fell 9.2% to $1.18. Ebang International will hold its 2021 Annual General Meeting of on December 15, 2021.</li>
<li>Power &amp; Digital Infrastructure Acquisition Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xpdi#NASDAQ">XPDI</a>) shares fell 8.2% to $10.95 after dropping more than 10% on Friday.</li>
<li>Hut 8 Mining Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hut#NASDAQ">HUT</a>) shares fell 7.4% to $8.68. Hut 8 Mining, last week, reported it mined 265 Bitcoin in November, down from prior months.</li>
<li>Riot Blockchain, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/riot#NASDAQ">RIOT</a>) shares fell 6% to $26.95 in sympathy with the price of Bitcoin and Ethereum.</li>
</ul>

EBON

RIOT

XPDI

36 Stocks Moving In Monday's Mid-Day Session

Following the market opening Monday, the Dow traded up 1.35% to 35,048.01 while the NASDAQ fell 0.17% to 15,059.43. The S&amp;P also rose, gaining 0.59% to 4,565.21.
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 49,969,850 cases with around 808,760 deaths. India confirmed a total of at least 34,641,560 cases and 473,530 deaths, while Brazil reported over 22,143,090 COVID-19 cases with 615,670 deaths. In total, there were at least 266,264,960 cases of COVID-19 worldwide with more than 5,273,750 deaths.

Leading and Lagging Sectors

Utilities shares climbed 1.7% on Monday. Meanwhile, top gainers in the <a href='https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/'>sector</a> included PG&amp;E Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pcg#NYSE">PCG</a>), up 5% and Centrais El&eacute;tricas Brasileiras S.A. - Eletrobr&aacute;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ebr#NYSE">EBR</a>) up 3%.

In trading on Monday, information technology shares fell 0.1%.

Top Headline

Science Applications International Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/saic#NYSE">SAIC</a>) reported better-than-expected earnings for its third quarter and raised its FY22 forecast.
Science Applications reported a quarterly profit of $1.85 per share, beating analysts&rsquo; estimates of $1.50 per share. The company&rsquo;s quarterly sales came in at $1.90 billion, versus expectations of $1.88 billion.
Science Applications raised its FY22 EPS guidance from $6.50-$6.70 to $6.75-$6.95. The company also boosted sales guidance from $7.3 billion-$7.4 billion to $7.35 billion -$7.40 billion.
&nbsp;
Equities Trading UP

Del Taco Restaurants, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/taco#NASDAQ">TACO</a>) shares shot up 65% to $12.41. Jack In The Box Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jack#NASDAQ">JACK</a>) agreed to acquire Del Taco Restaurants for $12.51 per share in cash in a deal valued at about $575 million.

Shares of Insignia Systems, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/isig#NASDAQ">ISIG</a>) got a boost, shooting 41% to $7.06 after the company reported review of strategic alternatives.

Adicet Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acet#NASDAQ">ACET</a>) shares were also up, gaining 29% to $12.67 after the company announced interim data from its dose escalation Phase 1 study evaluating the safety and tolerability of ADI-001.
<a href="https://www.benzinga.com/movers">Check out these big movers of the day</a>

Equities Trading DOWN
Bolt Biotherapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bolt#NASDAQ">BOLT</a>) shares tumbled 43% to $6.03. Bolt Biotherapeutics announced the presentation of interim clinical data from its Phase 1/2 study of BDC-1001.

Shares of Aeglea BioTherapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agle#NASDAQ">AGLE</a>) were down 33% to $4.05 after the company announced data from the Phase 3 study of pegzilarginase in Arginase 1 Deficiency (ARG1-D) patients aged two years and older. ARG1-D is a rare disease characterized by high levels of the amino acid arginine. The disease manifestations include spasticity, developmental delay, intellectual disability, and seizures.

Reata Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/reta#NASDAQ">RETA</a>) was down, falling 34% to $52.00. Traders circulated the FDA briefing document saying &#39;FDA review team does not believe the submitted data demonstrate that bardoxolone is effective in slowing the loss of kidney function in patients with AS...&#39;

Commodities
In commodity news, oil traded up 2.5% to $67.90, while gold traded down 0.4% to $1,777.10.

Silver traded down 1.5% Monday to $22.15 while copper rose 0.8% to $4.3025.

Euro zone
European shares were higher today. The eurozone&rsquo;s STOXX 600 gained 0.8%, the Spanish Ibex Index rose 1.3% and the German DAX 30 gained 0.7%. Meanwhile, the London&rsquo;s FTSE 100 climbed 1.1%, French CAC 40 jumped 1% and Italy&rsquo;s FTSE MIB surged 1%.
The IHS Markit Eurozone construction PMI climbed to 53.3 in November from 51.2 in October, while German construction PMI rose to 47.9 in November from 47.7 a month ago. New orders for German manufactured goods dropped 6.9% in October. The IHS Markit Italy construction PMI surged to 65.5 in November from 58.6 in the previous month, while French construction PMI rose to 51.6 in November from 50.3.

Economics

The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.

The Investor Movement Index for November will be released at 12:30 p.m. ET.
<a href="https://www.benzinga.com/calendar/economics/">Check out the full economic calendar here </a>

Mid-Morning Market Update: Markets Mostly Higher; Science Applications International Posts Upbeat Earnings

Jack In The Box Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jack#NASDAQ">JACK</a>) has&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/12/b24454761/jack-in-the-box-to-acquire-del-taco-combining-two-challenger-brands-to-create-substantial-opportun" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">agreed to acquire</a>&nbsp;Del Taco Restaurants Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/taco#NASDAQ">TACO</a>) for $12.51 per share in cash in a deal valued at about $575 million.
<ul>
<li>The deal price represents a premium of 66% over Del Taco&#39;s closing price of $7.53 a share on Friday.&nbsp;</li>
<li>Del Taco serves more than three million guests each week at approximately 600 restaurants across 16 states.</li>
<li>Del Taco will operate as the wholly-owned subsidiary of Jack In The Box following the completion of the transaction.</li>
<li>Jack In The Box expects the deal to be mid-single-digit accretive to EPS, excluding transaction expenses, in year one and meaningfully accretive beginning in year two, once full synergizes are realized.</li>
<li>The transaction is expected to close in the first calendar quarter of 2022.</li>
<li>Jack in the Box intends to finance the acquisition by issuing additional securitization notes from its existing program with a financing commitment provided by BofA Securities, Inc. It&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/11/b24247539/jack-in-the-box-inc-reports-fourth-quarter-and-full-year-2021-earnings" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">held $73.6 million in cash and equivalents&nbsp;</a>as of September 30, 2021.</li>
<li>Price Action:&nbsp;JACK shares closed higher by 0.95% at $84 on Friday, while TACO traded higher by 64.67% to $12.40 in pre-market on the last check Monday.</li>
</ul>

Jack In The Box To Buy Del Taco Restaurants For $575M, At 66% Premium

WIIM

Del Taco Restaurants shares are trading higher after it was announced Jack in the Box will acquire the company for $12.51 per share in cash.

Jack In The Box To Acquire Del Taco For $12.51/Share In Cash In A Transaction Valued At ~$575M

Del Taco Restaurants Shares Halted; News Pending

&nbsp;
<h2>Upgrades</h2>
<ul>
<li>For Blink Charging Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLNK#NASDAQ">BLNK</a>), Roth Capital upgraded the previous rating of Neutral to Buy. In the third quarter, Blink Charging showed an EPS of $0.36, compared to $0.12 from the year-ago quarter. The stock has a 52-week-high of $64.50 and a 52-week-low of $9.21. At the end of the last trading period, Blink Charging closed at $35.51.</li>
<li>Deutsche Bank upgraded the previous rating for Penn National Gaming Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>) from Sell to Hold. In the third quarter, Penn National Gaming showed an EPS of $0.52, compared to $0.93 from the year-ago quarter. The current stock performance of Penn National Gaming shows a 52-week-high of $142.00 and a 52-week-low of $55.65. Moreover, at the end of the last trading period, the closing price was at $58.19.</li>
<li>According to Jefferies, the prior rating for GlycoMimetics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLYC#NASDAQ">GLYC</a>) was changed from Hold to Buy. For the third quarter, GlycoMimetics had an EPS of $0.34, compared to year-ago quarter EPS of $0.29. The stock has a 52-week-high of $4.40 and a 52-week-low of $1.78. At the end of the last trading period, GlycoMimetics closed at $2.03.</li>
<li>Morgan Stanley upgraded the previous rating for Cognex Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGNX#NASDAQ">CGNX</a>) from Underweight to Equal-Weight. For the third quarter, Cognex had an EPS of $0.40, compared to year-ago quarter EPS of $0.47. The stock has a 52-week-high of $101.82 and a 52-week-low of $69.70. At the end of the last trading period, Cognex closed at $80.27.</li>
<li>According to Raymond James, the prior rating for Radius Global Infrastructure Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RADI#NASDAQ">RADI</a>) was changed from Outperform to Strong Buy. In the third quarter, Radius Global Infr showed an EPS of $0.11, compared to $0.66 from the year-ago quarter. The current stock performance of Radius Global Infr shows a 52-week-high of $18.25 and a 52-week-low of $7.91. Moreover, at the end of the last trading period, the closing price was at $17.29.</li>
<li>According to Stifel, the prior rating for CSI Compressco LP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCLP#NASDAQ">CCLP</a>) was changed from Sell to Hold. CSI Compressco earned $0.30 in the third quarter, compared to $0.25 in the year-ago quarter. At the moment, the stock has a 52-week-high of $2.35 and a 52-week-low of $0.77. CSI Compressco closed at $1.42 at the end of the last trading period.</li>
<li>For James River Group Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JRVR#NASDAQ">JRVR</a>), Keefe, Bruyette &amp; Woods upgraded the previous rating of Market Perform to Outperform. For the third quarter, James River Gr Hldgs had an EPS of $0.72, compared to year-ago quarter EPS of $0.56. At the moment, the stock has a 52-week-high of $56.10 and a 52-week-low of $28.16. James River Gr Hldgs closed at $28.18 at the end of the last trading period.</li>
</ul>
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings upgrades.</a>
&nbsp;
<h2>Downgrades</h2>
<ul>
<li>JP Morgan downgraded the previous rating for Acutus Medical Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFIB#NASDAQ">AFIB</a>) from Neutral to Underweight. Acutus Medical earned $0.87 in the third quarter, compared to $0.91 in the year-ago quarter. At the moment, the stock has a 52-week-high of $34.35 and a 52-week-low of $6.45. Acutus Medical closed at $6.66 at the end of the last trading period.</li>
<li>According to Wedbush, the prior rating for NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) was changed from Outperform to Neutral. NVIDIA earned $1.04 in the second quarter, compared to $0.55 in the year-ago quarter. At the moment, the stock has a 52-week-high of $323.10 and a 52-week-low of $115.67. NVIDIA closed at $303.90 at the end of the last trading period.</li>
<li>For Celsius Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>), Credit Suisse downgraded the previous rating of Outperform to Neutral. Celsius Holdings earned $0.03 in the third quarter, compared to $0.06 in the year-ago quarter. The stock has a 52-week-high of $110.22 and a 52-week-low of $23.80. At the end of the last trading period, Celsius Holdings closed at $97.71.</li>
<li>According to B of A Securities, the prior rating for National Vision Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EYE#NASDAQ">EYE</a>) was changed from Buy to Underperform. For the third quarter, National Vision Holdings had an EPS of $0.38, compared to year-ago quarter EPS of $0.54. The stock has a 52-week-high of $65.92 and a 52-week-low of $41.03. At the end of the last trading period, National Vision Holdings closed at $53.13.</li>
<li>According to Morgan Stanley, the prior rating for HOOKIPA Pharma Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOK#NASDAQ">HOOK</a>) was changed from Overweight to Equal-Weight. In the third quarter, HOOKIPA Pharma showed an EPS of $0.61, compared to $0.53 from the year-ago quarter. The current stock performance of HOOKIPA Pharma shows a 52-week-high of $20.00 and a 52-week-low of $4.32. Moreover, at the end of the last trading period, the closing price was at $4.33.</li>
<li>For Bright Health Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHG#NYSE">BHG</a>), Morgan Stanley downgraded the previous rating of Overweight to Equal-Weight. Bright Health Gr earned $0.48 in the third quarter, compared to $0.43 in the year-ago quarter. The current stock performance of Bright Health Gr shows a 52-week-high of $17.93 and a 52-week-low of $4.92. Moreover, at the end of the last trading period, the closing price was at $4.94.</li>
<li>According to Stifel, the prior rating for GrowGeneration Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRWG#NASDAQ">GRWG</a>) was changed from Buy to Hold. For the third quarter, GrowGeneration had an EPS of $0.07, compared to year-ago quarter EPS of $0.06. The stock has a 52-week-high of $67.75 and a 52-week-low of $18.90. At the end of the last trading period, GrowGeneration closed at $22.58.</li>
<li>According to BTIG, the prior rating for Lordstown Motors Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIDE#NASDAQ">RIDE</a>) was changed from Buy to Neutral. For the third quarter, Lordstown Motors had an EPS of $0.54, compared to year-ago quarter EPS of $0.57. At the moment, the stock has a 52-week-high of $31.57 and a 52-week-low of $4.64. Lordstown Motors closed at $6.89 at the end of the last trading period.</li>
<li>According to BMO Capital, the prior rating for Greif Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEF#NYSE">GEF</a>) was changed from Outperform to Market Perform. For the third quarter, Greif had an EPS of $1.93, compared to year-ago quarter EPS of $0.85. At the moment, the stock has a 52-week-high of $72.00 and a 52-week-low of $44.11. Greif closed at $70.94 at the end of the last trading period.</li>
<li>According to Goldman Sachs, the prior rating for Hewlett Packard Enterprise Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) was changed from Neutral to Sell. In the third quarter, Hewlett Packard showed an EPS of $0.47, compared to $0.32 from the year-ago quarter. At the moment, the stock has a 52-week-high of $16.74 and a 52-week-low of $9.53. Hewlett Packard closed at $15.94 at the end of the last trading period.</li>
</ul>
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings downgrades.</a>
&nbsp;
<h2>Initiations</h2>
<ul>
<li>B. Riley Securities initiated coverage on Caesars Entertainment Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>) with a Buy rating. The price target for Caesars Entertainment is set to $191.00. For the third quarter, Caesars Entertainment had an EPS of $0.53, compared to year-ago quarter EPS of $4.95. At the moment, the stock has a 52-week-high of $119.81 and a 52-week-low of $56.76. Caesars Entertainment closed at $101.89 at the end of the last trading period.</li>
<li>For DigitalOcean Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCN#NYSE">DOCN</a>), William Blair initiated coverage, by setting the current rating at Outperform. In the third quarter, DigitalOcean Holdings earned $0.12. The current stock performance of DigitalOcean Holdings shows a 52-week-high of $117.78 and a 52-week-low of $35.35. Moreover, at the end of the last trading period, the closing price was at $114.29.</li>
<li>Benchmark initiated coverage on Del Taco Restaurants Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TACO#NASDAQ">TACO</a>) with a Buy rating. The price target for Del Taco Restaurants is set to $14.00. In the third quarter, Del Taco Restaurants showed an EPS of $0.11, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $11.99 and a 52-week-low of $7.92. At the end of the last trading period, Del Taco Restaurants closed at $8.53.</li>
<li>For El Pollo Loco Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOCO#NASDAQ">LOCO</a>), Benchmark initiated coverage, by setting the current rating at Hold. El Pollo Loco Holdings earned $0.27 in the third quarter, compared to $0.28 in the year-ago quarter. The stock has a 52-week-high of $21.96 and a 52-week-low of $14.53. At the end of the last trading period, El Pollo Loco Holdings closed at $14.93.</li>
<li>Benchmark initiated coverage on Papa John&#39;s International Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) with a Buy rating. The price target for Papa John&#39;s International is set to $145.00. Papa John&#39;s International earned $0.83 in the third quarter, compared to $0.35 in the year-ago quarter. The current stock performance of Papa John&#39;s International shows a 52-week-high of $140.68 and a 52-week-low of $77.00. Moreover, at the end of the last trading period, the closing price was at $129.96.</li>
<li>For Domino&#39;s Pizza Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NYSE">DPZ</a>), Benchmark initiated coverage, by setting the current rating at Hold. Domino&#39;s Pizza earned $3.24 in the third quarter, compared to $2.49 in the year-ago quarter. The stock has a 52-week-high of $548.72 and a 52-week-low of $319.71. At the end of the last trading period, Domino&#39;s Pizza closed at $506.96.</li>
<li>JP Morgan initiated coverage on Nerdy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRDY#NYSE">NRDY</a>) with an Overweight rating. The price target for Nerdy is set to $12.00. Nerdy earned $0.16 in the second quarter. Moreover, at the end of the last trading period, the closing price was at $7.78.</li>
<li>With a Neutral rating, Piper Sandler initiated coverage on Eastman Chemical Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMN#NYSE">EMN</a>). The price target seems to have been set at $126.00 for Eastman Chemical. For the third quarter, Eastman Chemical had an EPS of $2.46, compared to year-ago quarter EPS of $1.57. The stock has a 52-week-high of $130.47 and a 52-week-low of $90.09. At the end of the last trading period, Eastman Chemical closed at $115.19.</li>
<li>Piper Sandler initiated coverage on Celanese Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) with an Overweight rating. The price target for Celanese is set to $200.00. In the third quarter, Celanese showed an EPS of $4.82, compared to $1.95 from the year-ago quarter. At the moment, the stock has a 52-week-high of $174.04 and a 52-week-low of $115.42. Celanese closed at $170.55 at the end of the last trading period.</li>
<li>With an Overweight rating, Piper Sandler initiated coverage on AdvanSix Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASIX#NYSE">ASIX</a>). The price target seems to have been set at $58.00 for AdvanSix. For the third quarter, AdvanSix had an EPS of $1.51, compared to year-ago quarter EPS of $0.02. The current stock performance of AdvanSix shows a 52-week-high of $50.69 and a 52-week-low of $16.20. Moreover, at the end of the last trading period, the closing price was at $49.57.</li>
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Benzinga's Top Ratings Upgrades, Downgrades For November 12, 2021

Benchmark analyst Todd Brooks initiates coverage on Del Taco Restaurants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TACO#NASDAQ">TACO</a>) with a Buy rating and announces Price Target of $14.

Benchmark Initiates Coverage On Del Taco Restaurants with Buy Rating, Announces Price Target of $14

&nbsp;
Del Taco Restaurants(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TACO#NASDAQ">TACO</a>) stock fell by 7.57% on Friday after the company reported its Q3 earnings results on Thursday, October 14, 2021 at 04:00 PM.
Here&#39;s what investors need to know about the announcement.
<h3>Earnings</h3>
Del Taco Restaurants beat their estimated earnings by 10.0%, which did not surprise analysts.
Revenue was up $3,489,000 from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.05, which was followed by a 4.31% drop in the share price the next day.
Here&#39;s a look at Del Taco Restaurants&#39;s past performance and the resulting price change:
&nbsp;
<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2021</th>
<th>Q2 2021</th>
<th>Q1 2021</th>
<th>Q4 2020</th>
<th>Q3 2020</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.10</td>
<td>0.11</td>
<td>0.05</td>
<td>0.14</td>
<td>0.10</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.11</td>
<td>0.16</td>
<td>0.07</td>
<td>0.20</td>
<td>0.16</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-7.57%</td>
<td>-4.31%</td>
<td>-4.92%</td>
<td>1.46%</td>
<td>-21.27%</td>
</tr>
</tbody>
</table>
To track all upcoming earnings announcements, click to use <a href="https://www.benzinga.com/calendars/earnings">Benzinga Earnings Calendar</a>.

Del Taco Restaurants: Q3 Earnings Insights

&nbsp;
<h3>Gainers</h3>
<ul>
<li>Onion Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OG#NYSE">OG</a>) stock moved upwards by 12.95% to $9.94 during Friday&#39;s regular session. Trading volume for Onion Global&#39;s stock is 232.7K as of 12:30 EST. This is 82.93% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $887.1 million.</li>
<li>Waitr Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTRH#NASDAQ">WTRH</a>) stock moved upwards by 11.16% to $1.15. As of 12:30 EST, this security is trading at a volume of 23.9 million shares, making up 312.0% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $137.2 million.</li>
<li>ATA Creativity Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AACG#NASDAQ">AACG</a>) shares moved upwards by 9.64% to $2.5. ATA Creativity Global&#39;s stock is trading at a volume of 119.4K shares as of 12:30 EST. This is 13.83% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $79.2 million.</li>
<li>Volcon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLCN#NASDAQ">VLCN</a>) shares rose 8.56% to $8.3. The market value of their outstanding shares is at $94.1 million.</li>
<li>LightInTheBox Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LITB#NYSE">LITB</a>) stock rose 7.68% to $1.68. As of 12:30 EST, LightInTheBox Holding&#39;s stock is trading at a volume of 247.4K, which is 19.77% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $188.3 million.</li>
<li>Destination XL Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXLG#NASDAQ">DXLG</a>) stock rose 6.93% to $6.32. As of 12:30 EST, this security is trading at a volume of 297.1K shares, making up 73.8% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $401.6 million.</li>
</ul>
&nbsp;
&nbsp;
<h3>Losers</h3>
&nbsp;
<ul>
<li>Del Taco Restaurants (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TACO#NASDAQ">TACO</a>) shares declined by 6.93% to $8.73 during Friday&#39;s regular session. The current volume of 486.9K shares is 227.66% of Del Taco Restaurants&#39;s average full-day volume over the last 100 days (last updated at 12:30 EST). The company&#39;s market cap stands at $317.7 million. As per the press release, Q3 earnings came out yesterday.</li>
<li>Traeger (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COOK#NYSE">COOK</a>) stock decreased by 6.61% to $19.64. The market value of their outstanding shares is at $2.3 billion.</li>
<li>D-MARKET Electronic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEPS#NASDAQ">HEPS</a>) stock fell 5.71% to $5.45. The current volume of 105.4K shares is 15.1% of D-MARKET Electronic&#39;s average full-day volume over the last 100 days (last updated at 12:30 EST). The market value of their outstanding shares is at $1.7 billion.</li>
<li>Electric Last Mile Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELMS#NASDAQ">ELMS</a>) shares declined by 5.54% to $7.17. Trading volume for this security as of 12:30 EST is 176.6K, which is 29.16% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $889.2 million.</li>
<li>Duolingo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>) shares declined by 4.95% to $160.25. The company&#39;s market cap stands at $5.9 billion. 
	See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
&nbsp;
&nbsp;

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