This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
U.S. stocks closed lower with the Nasdaq Composite dropping around 200 points on Friday. Here is the list of some big stocks recording losses in the previous session.
APA's (NASDAQ:APA) short percent of float has risen 29.93% since its last report. The company recently reported that it has 11.07 million shares sold short, which is 3.95% of all regular shares that are available for trading.
Jefferies raised the price target on The Charles Schwab Corporation (NYSE: SCHW) from $78 to $86. Jefferies analyst Daniel Fannon maintained the stock with a Buy rating. Charles Schwab shares fell 0.5% to $71.50 in pre-market trading.
When large companies are seeing expanding revenues during macroeconomic headwinds, this can be a positive sign of a strong corporation. With inflation and interest rates on the rise, investors may want to turn to stocks with solid fundamentals that are able to increase their dividend payment per share.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes APA Corporation (NASDAQ: APA) and recommended buying the stock. "I think it’s got a lot of natural gas."