The Latest Breaking News from Nasdaq

Benzinga's options scanner just detected over 16 options trades for Nasdaq (NASDAQ:NDAQ) summing a total amount of $858,587. At the same time, our algo caught 10 for a total amount of 599,336.

Key Takeaways:

Someone with a lot of money to spend has taken a bearish stance on Micron Technology (NASDAQ:MU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

A whale with a lot of money to spend has taken a noticeably bearish stance on Meta Platforms. Looking at options history for Meta Platforms (NASDAQ:META) we detected 16 strange trades.

Upgrades

The Canadian cannabis industry has become a competitive field over the past few years, which doesn’t come as a surprise considering its exponential growth over the same period.

CNBC

U.S. stock futures trading mixed this morning on Thursday after the Nasdaq index closed sharply higher in the previous session. Investors, meanwhile, focused on some notable insider trades.

Zynerba Pharmaceuticals, Inc. (NASDAQ: ZYNE), the leader in pharmaceutically-produced transdermal cannabinoid therapies for orphan neuropsychiatric disorders, has entered into an equity purchase agreement for up to $20 million with Lincoln Park Capital Fund, LLC (LPC), a Chicag