Dernières nouvelles pour Alpha Pro Tech (AMEX:APT) Stock

Alpha Pro Tech

Alpha Pro Tech Ltd is in the business of protecting people, products and environments. It is developing, manufacturing and marketing a line of disposable protective apparel and infection control products for the cleanroom, industrial, pharmaceutical, medical and dental markets. It also manufacture a line of building supply construction weatherization products that are sold under the Alpha Pro Tech brand name. The Company operates through two business segments: Building Supply and Disposable Protective Apparel. Key revenue is generated from Building Supply: consisting of a line of construction supply weatherization products. The construction supply weatherization products consist of housewrap and synthetic roof underlayment and synthetic roof underlayment accessories.

Alpha Pro Tech Ltd

Aptos - United States Dollar

ADVANCED PRTME THRPTS by Advanced Proteome Therapeutics Corp.

AP (Thailand) PCL

AP THAILAND PCL NVDR by AP Thailand PCL

ALASKA PWR & TEL CO by Alaska Power & Telephone Co.

Alaska Power & Telephone Co

APTOSE BIOSCIENCES INC by Aptose Biosciences. Inc.

Aptose Biosciences Inc

AIRPORTS OF THAILAND NEW by Airports of Thailand Public Co., Ltd.

Airports Of Thailand PLC

ASIAN PAY TELEVISION TR by Asian Pay Television Trust

Asian Pay Television Trust

Aptiv PLC

Aptinyx Inc Com

APT Systems Inc

Earnings

Earnings Misses

News

Alpha Pro Tech FY24 EPS $0.35 Inline YoY, Sales $57.8M Down From $61.2M YoY.

Aptos (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">APT</a>) blasted with double-digit gains Wednesday after cryptocurrency fund manager Bitwise Asset Management filed an exchange-traded fund application with the SEC.
What happened: The Layer-1 blockchain token rallied over 12% in the last 24 hours, surging past $6 after over a month. The coin's trading volume soared 27.53% to $402.87 million in the 24-hour period.
APT&#8217;s advance overpowered market heavyweights Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), which rose 5.53% and 5.22%, respectively, in the last 24 hours.
The surge came after Aptos Labs CEO Avery Ching confirmed an S-1 filing by Bitwise to list shares of Bitwise Aptos ETF.&nbsp;
"It's a big 1st for the Move ecosystem, as promised, Ching said, referencing the programming language used in the Aptos blockchain.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Rumor no more. Can confirm <a href="https://twitter.com/BitwiseInvest?ref_src=twsrc%5Etfw">@BitwiseInvest</a> has filed an S-1 application for an <a href="https://twitter.com/Aptos?ref_src=twsrc%5Etfw">@Aptos</a> ETF. It's a big 1st for the Move ecosystem, as promised. Move money chain looking S-1 good here <a href="https://t.co/rTp8lIU1JS">https://t.co/rTp8lIU1JS</a>
&mdash; avery.apt &#x1f310; (@AveryChing) <a href="https://twitter.com/AveryChing/status/1897386447357010178?ref_src=twsrc%5Etfw">March 5, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/25/03/44133314/el-salvadors-president-bukele-remains-defiant-amid-imfs-concerns-on-bitcoin-accumulation-it-wont-stop-now-and-it-wont-stop-in-the-future">El Salvador&#8217;s Nayib Bukele Defiant Amid IMF&#8217;s Bitcoin Accumulation Concerns: &#8216;It Won&#8217;t Stop Now, And It Won&#8217;t Stop In The Future&#8217;</a>
Why It Matters: The S-1 filing is a prerequisite for issuers to file to offer new securities. The firm submitted an ETF filing to Delaware's Department of State's Division of Corporations last week, considered a precursor to an official SEC filing.
The <a href="https://www.benzinga.com/money/what-is-aptos-apt">California-headquartered Aptos Labs</a> was built by former Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) engineers and operates a proof-of-stake consensus mechanism to power its Layer-1 blockchain.&nbsp;
The company <a href="https://www.benzinga.com/markets/cryptocurrency/23/08/33670337/microsoft-aptos-labs-to-create-ai-powered-web3-assistant-to-simplify-user-transition-from-">joined hands</a> with tech behemoth Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) in August 2023 to integrate artificial intelligence with blockchain,
Price Action: At the time of writing, APT was exchanging hands at $6.23, up 13.61% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>. Year-to-date, the meme coin has dropped 38.97%.
Photo by Avi Rozen via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/03/44133774/trump-to-remove-canada-tariffs-polymarket-bettors-say-52-chance-of-this-happening-before-this-time">Trump To Remove Canada Tariffs? Polymarket Bettors Say 52% Chance Of This Happening Before This Time</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Markets

Movers

Trading Ideas

$APT

$BTC

$ETH

MSFT

Bitcoin, Ethereum Rise But A Spot ETF Filing Has Sent This L1 Token Flying 13%

Buybacks

Alpha Pro Tech Authorized $2M Expansion Of Share Repurchase Program

Well-known crypto analyst Michaël van de Poppe has predicted a potential surge in the altcoin market, following a period of stagnation. The analyst has also identified a critical support level for&nbsp;Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)&nbsp;to maintain its upward trajectory.
What Happened: Van de Poppe suggests the altcoin market is poised for an upswing after hitting a low.
The analyst shared with his 751,700 followers on X that the OTHERS chart, which monitors the market cap of all cryptocurrencies except the top 10 coins and stablecoins, is showing&nbsp;a bullish pattern on the&nbsp;weekly timeframe.
"The altcoin market capitalization (OTHERS) has bottomed out. There is a bullish divergence and a strong move upwards, which suggests that we're likely just making a higher low here. Onwards and upwards," he said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The <a href="https://twitter.com/hashtag/Altcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoin</a> market capitalization (OTHERS) has bottomed out. There is a bullish divergence and a strong move upwards, which suggests that we&#39;re likely just making a higher low here. Onwards and upwards. <a href="https://t.co/bxu5Mk4XnY">pic.twitter.com/bxu5Mk4XnY</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1867309197840527860?ref_src=twsrc%5Etfw">December 12, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Van de Poppe also forecasts a significant rise for&nbsp;Aptos (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">APT</a>), predicting it will climb over 41% from its current price. He expects APT to reach targets of $17 and $20, with APT currently trading at $14.18, marking a 3% increase in the past day.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42482064/shiba-inu-burns-13-million-coins-in-24-hours-shib-chart-looks-primed-for-launch-very-soon-says-trader?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Shiba Inu Burns 13 Million Coins In 24 Hours: &#8216;SHIB Chart Looks Primed For Launch Very Soon,&#8217; Says Trader</a>
Regarding&nbsp;Bitcoin, the analyst emphasizes the importance of maintaining a support level above $98,000 to sustain its upward momentum. BTC is currently valued at $101,170, rebounding from a brief dip into the $99,000 range.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> looks ready to continue moving upwards. It needs to hold above $98K and then we&#39;re good to go. <a href="https://t.co/UOvCJYMWSJ">pic.twitter.com/UOvCJYMWSJ</a>
&mdash; Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1867487121575227468?ref_src=twsrc%5Etfw">December 13, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: In the weeks leading up to this prediction,&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42127938/bitcoin-analyst-warns-of-4-6-flash-crashes-before-year-end-as-it-inches-closer-to-100k-thats-the-moment-altcoins-shoot-off">van de Poppe</a>&nbsp;had warned of potential <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42127938/bitcoin-analyst-warns-of-4-6-flash-crashes-before-year-end-as-it-inches-closer-to-100k-thats-the-moment-altcoins-shoot-off">&#8220;4-6 flash crashes&#8221;</a> for Bitcoin as it approached the $100,000 mark.
These corrections were expected to cause Bitcoin to drop by 5-10% in a single day, while altcoins could see even larger declines of 20-30%.
Despite these potential setbacks, van de Poppe suggested that these dips could <a href="https://www.benzinga.com/24/11/42022585/michael-van-de-poppe-says-bitcoin-ethereum-and-altcoins-close-to-the-point-where-investors-can-buy-the-dip">serve as strategic entry points</a> for investors, as Bitcoin&#8217;s consolidation might trigger an altcoin rally.
This aligns with the <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42389596/xrp-price-surges-328-in-a-month-outpaces-bitcoin-ethereum-how-high-can-xrp-go">recent surge</a> in XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), which has outperformed Bitcoin and Ethereum, driven by favorable legal developments.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42446237/xrp-price-explodes-20-to-2-43-after-ripple-receives-rlusd-stablecoin-approval?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">XRP Price Explodes 20% To $2.43 After Ripple Receives RLUSD Stablecoin Approval</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

$XRP

Crypto Analyst Foresees Altcoin Rally And Sets Crucial Bitcoin Support Level

Alpha Pro Tech (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/APT#AMEX">APT</a>) reported quarterly earnings of $0.08 per share. This is a 33.33 percent decrease over earnings of $0.12 per share from the same period last year. The company reported $14.25 million in sales this quarter. This is a 11.23 percent decrease over sales of $16.05 million the same period last year.

Alpha Pro Tech Q3 EPS $0.08 Down From $0.12 YoY, Sales $14.25M Down From $16.05M YoY

<h3>Gainers</h3>
<ul>
<li>noco-noco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNC#NASDAQ">NCNC</a>) stock moved upwards by 101.7% to $0.27 during Friday's pre-market session. The company's market cap stands at $47.4 million. </li>
<li>Nuburu (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BURU#AMEX">BURU</a>) shares moved upwards by 18.24% to $0.53. The market value of their outstanding shares is at $2.2 million. </li>
<li>Alpha Pro Tech (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/APT#AMEX">APT</a>) shares moved upwards by 9.26% to $6.25. The company's market cap stands at $69.8 million. </li>
<li>Apogee Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APOG#NASDAQ">APOG</a>) stock rose 8.81% to $74.46. The company's market cap stands at $1.6 billion. The company's, Q2 earnings came out today. </li>
<li>Zeo Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZEO#NASDAQ">ZEO</a>) stock moved upwards by 8.6% to $1.89. The company's market cap stands at $10.9 million. </li>
<li>Redwire (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDW#NYSE">RDW</a>) shares rose 8.23% to $7.23. The market value of their outstanding shares is at $481.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Spirit Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>) shares fell 33.9% to $1.48 during Friday's pre-market session. The company's market cap stands at $162.0 million. </li>
<li>AgEagle Aerial Sys (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/UAVS#AMEX">UAVS</a>) shares declined by 12.1% to $0.11. The company's market cap stands at $1.6 million. </li>
<li>ZIM Integrated Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) shares decreased by 10.02% to $19.5. The company's market cap stands at $2.3 billion. </li>
<li>Stem (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEM#NYSE">STEM</a>) shares decreased by 9.03% to $0.44. The market value of their outstanding shares is at $70.5 million. </li>
<li>Fusion Fuel Green (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTOO#NASDAQ">HTOO</a>) shares fell 6.1% to $0.51. The company's market cap stands at $9.8 million. </li>
<li>Pineapple Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) stock fell 5.76% to $0.13. The company's market cap stands at $1.1 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

APOG

BURU

HTOO

NCNC

PEGY

SAVE

STEM

UAVS

12 Industrials Stocks Moving In Friday's Pre-Market Session

Alpha Pro Tech, Ltd. (NYSE:<a href="https://www.benzinga.com/stock/APT#NYSE">APT</a>), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced that its Board of Directors has authorized a $1.0 million expansion of the Company's existing share repurchase program. &nbsp;
With this authorized expansion, the Company now has approximately $1.5 million available to repurchase shares of the Company's common stock, $0.5 million of which remains from the previous expansion, most recently announced in April 2024.

Alpha Pro Tech Announces $1M Expansion Of Existing Share Repurchase Program

<h3>Gainers</h3>
<ul>
<li>Silynxcom (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/SYNX#AMEX">SYNX</a>) stock rose 31.7% to $3.41 during Monday's regular session. The company's market cap stands at $17.9 million. </li>
<li>Castor Maritime (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTRM#NASDAQ">CTRM</a>) stock increased by 13.51% to $4.62. The company's market cap stands at $44.6 million. </li>
<li>Alpha Pro Tech (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/APT#AMEX">APT</a>) stock moved upwards by 11.93% to $5.48. The market value of their outstanding shares is at $64.1 million. </li>
<li>EuroDry (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EDRY#NASDAQ">EDRY</a>) stock moved upwards by 10.64% to $22.35. The company's market cap stands at $62.6 million. </li>
<li>MingZhu Logistics Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YGMZ#NASDAQ">YGMZ</a>) stock moved upwards by 9.16% to $0.39. The company's market cap stands at $14.5 million. </li>
<li>Nocera (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCRA#NASDAQ">NCRA</a>) shares increased by 9.02% to $1.16. The market value of their outstanding shares is at $15.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>iPower (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPW#NASDAQ">IPW</a>) shares fell 33.6% to $2.19 during Monday's regular session. The company's market cap stands at $65.3 million. </li>
<li>Lichen China (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LICN#NASDAQ">LICN</a>) shares decreased by 15.56% to $1.14. The company's market cap stands at $43.0 million. </li>
<li>Nuvve Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVVE#NASDAQ">NVVE</a>) shares decreased by 12.26% to $0.62. The company's market cap stands at $3.8 million. </li>
<li>Shapeways Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHPW#NASDAQ">SHPW</a>) shares decreased by 12.04% to $1.06. The company's market cap stands at $7.0 million. </li>
<li>AERWINS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AWIN#NASDAQ">AWIN</a>) shares decreased by 11.07% to $3.5. The company's market cap stands at $3.2 million. </li>
<li>Ryde Group (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/RYDE#AMEX">RYDE</a>) stock declined by 10.99% to $4.78. The market value of their outstanding shares is at $92.6 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AWIN

CTRM

EDRY

LICN

NCRA

NVVE

RYDE

SHPW

SYNX

YGMZ

12 Industrials Stocks Moving In Monday's Intraday Session

Alpha Pro Tech (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/APT#AMEX">APT</a>) reported quarterly earnings of $0.05 per share. This is unchanged from the same period last year. The company reported $13.48 million in sales this quarter. This is a 2.30 percent decrease over sales of $13.80 million the same period last year.

Alpha Pro Tech Q1 EPS $0.05, Same YoY, Sales $13.48M Down From $13.80M YoY

Alpha Pro Tech, Ltd. (NYSE:<a href="https://www.benzinga.com/stock/APT#NYSE">APT</a>), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced that its Board of Directors has authorized a $2.0 million expansion of the Company's existing share repurchase program. &nbsp;
With this authorized expansion, the Company now has approximately $2.7 million available to repurchase shares of the Company's common stock, $0.7 million of which remains from the previous expansion, most recently announced in November 2023.
Management anticipates repurchasing shares through open market purchases or through privately-negotiated transactions and intends to retire all shares purchased through the share repurchase program. Open market purchases may be executed by the Company's broker through a pre-arranged repurchase plan, which operates in accordance with the guidelines specified under Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended. Any transactions under the repurchase plan will be effected in accordance with the terms of the plan, including specified price, volume and timing conditions, and will be applied against the amount authorized for the Company's share repurchase program. Other open market and privately-negotiated purchases may occur from time to time outside the repurchase plan based on market and general business conditions, subject to applicable rules and regulations.

Alpha Pro Tech, Ltd. Announces $2M Expansion Of Existing Share Repurchase Program

Alpha Pro Tech (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/APT#AMEX">APT</a>) reported quarterly earnings of $0.09 per share. This is a 80 percent increase over earnings of $0.05 per share from the same period last year. The company reported $15.27 million in sales this quarter. This is a 24.87 percent increase over sales of $12.22 million the same period last year.

Alpha Pro Tech Q4 EPS $0.09 Up From $0.05 YoY, Sales $15.27M Up From $12.22M YoY

Alpha Pro Tech Board Authorizes $2M Expansion Of Share Repurchase Program

Alpha Pro Tech (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/APT#AMEX">APT</a>) reported quarterly earnings of $0.12 per share. This is a 200 percent increase over earnings of $0.04 per share from the same period last year. The company reported $16.05 million in sales this quarter. This is a 9.04 percent increase over sales of $14.72 million the same period last year.

Alpha Pro Tech Q3 EPS $0.12 Up From $0.04 YoY, Sales $16.05M Up From $14.72M YoY

Aptos Network experienced a network snag that lasted for more than five hours Wednesday, Oct. 18.
What Happened: According to <a href="https://decrypt.co/202340/aptos-hit-5-hour-outage-blockchains-first-birthday">Decrypt</a>, ythe outage occurred while the network hosted a mass drawing application to celebrate its one-year anniversary and trended the Aptos One hashtag on social media platforms.
Find out more on Aptos and how it has emerged as a trending token among investors. Meet and engage with other transformative&nbsp;<a href="https://www.benzinga.com/go/crypto-conference-article-link" target="_blank">Digital Asset and Crypto</a>&nbsp;business leaders and investors at Benzinga&#39;s exclusive event:&nbsp;<a href="https://www.benzinga.com/go/crypto-conference-article-link" target="_blank">Future of Digital Assets</a>. Tickets are flying:&nbsp;<a href="https://www.benzinga.com/go/crypto-conference-article-link" target="_blank">Get yours</a>!&nbsp;&nbsp;
Aptos took to X to inform the community of the same.
<blockquote class="twitter-tweet">Your energy for Aptos One was so electric, you cut the lights! 
What that means at the moment is that transactions on the network have been impacted. We are working diligently to resolve the issue and will keep you updated upon completion.
&mdash; Aptos (@Aptos_Network) <a href="https://twitter.com/Aptos_Network/status/1714799744231539064?ref_src=twsrc%5Etfw">October 19, 2023</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>To mark its big day, the Aptos Foundation created a community drawing platform Graffio.art where Aptos wallet users can contribute to a blank canvas to create community art. Co-founder and CEO Mohammad Sheikh said that 4,000 users were painting on the online canvas just before the shutdown.
Normal operations resumed after five hours as the Aptos team worked diligently towards resolving the issue.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/23/08/33668446/bitcoin-soars-past-30-000-aptos-emerges-as-top-gainer">Bitcoin Soars Past $30,000; Aptos Emerges As Top Gainer</a>
Why It Matters: Aptos is a venture capital-backed project launched in October 2022 and built by former Meta employees&#39; crypto project Libra. The mainnet is yet to deliver its promised speed of up to 160,000 transactions per second (TPS) compared to 55.47 TPS currently implying 302.7 million transactions, based on <a href="https://aptoscan.com/">Aptoscan data</a>.
The outage led to a rise in Aptos&rsquo;s transaction fees from around 0.2 APT worth $1 to 1.72 APT worth $8.58 when the shutdown happened. Cryptocurrency exchanges, Upbit and OKX halted deposits and withdrawals of Aptos Network tokens on their platforms for a brief period.
Price Action: At 7:20 ET, the price of the APT token dropped to $4.84 (its 24-hour low point) and then managed to recover to currently trade at $5. With a current market cap of $1.22 billion, the past 24-hours trading volume stands at $68.1 million, based on CoinGecko data. &nbsp;
<a href="https://www.benzinga.com/events/digital-assets/?UTM_source=article" target="_blank">Benzinga&#39;s Future of Digital Assets</a>&nbsp;conference is scheduled for Nov. 14. Attend and learn more about how network outages impact token prices and users&#39; confidence. The gathering is seen as pivotal for the digital assets community.&nbsp;The event will spotlight the latest trends, innovations,&nbsp;and challenges in the digital asset realm. 
The network&rsquo;s significant achievements in the past year mark a <a href="https://www.benzinga.com/markets/cryptocurrency/23/08/33670337/microsoft-aptos-labs-to-create-ai-powered-web3-assistant-to-simplify-user-transition-from-">Microsoft partnership</a> and processing more than 300 million transactions. Also, its community minted over 2 million NFTs on the network.
In prior similar instances of outages, <a href="https://www.benzinga.com/markets/cryptocurrency/23/09/34261025/coinbase-incubated-base-faces-major-outage-assures-no-funds-are-at-risk">Coinbase Layer-2 network Base suffered its first major outage</a> in September since its launch in the prior month.
Image: Pixabay

Aptos Electric Energy On First Birthday Leads To Operations Outage For Five Hours

WIIM

Alpha Pro Tech shares are trading higher. The company makes disposable protective apparel and the stock may be gaining on recent COVID concerns.

Alpha Pro Tech (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/APT#AMEX">APT</a>) reported quarterly earnings of $0.10 per share. This is a 100 percent increase over earnings of $0.05 per share from the same period last year. The company reported $16.11 million in sales this quarter. This is a 7.24 percent decrease over sales of $17.37 million the same period last year.

Alpha Pro Tech Q2 EPS $0.10 Up From $0.05 YoY, Sales $16.11M Down From $17.37M YoY

Alpha Pro Tech, Ltd. (NYSE:<a href="https://www.benzinga.com/stock/APT#NYSE">APT</a>), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced that its Board of Directors has authorized a $2.0 million expansion of the Company's existing share repurchase program. &nbsp;
With this authorized expansion, the Company now has approximately $2.3 million available to repurchase shares of the Company's common stock, $0.3 million of which remains from the previous expansion, most recently announced in December 2022.
Management anticipates repurchasing shares through open market purchases or through privately-negotiated transactions and intends to retire all shares purchased through the share repurchase program. Open market purchases may be executed by the Company's broker through a pre-arranged repurchase plan, which operates in accordance with the guidelines specified under Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934, as amended. Any transactions under the repurchase plan will be effected in accordance with the terms of the plan, including specified price, volume and timing conditions, and will be applied against the amount authorized for the Company's share repurchase program. Other open market and privately-negotiated purchases may occur from time to time outside the repurchase plan based on market and general business conditions, subject to applicable rules and regulations.

The cryptocurrency market has seen a mix of performances this week, with some coins showing significant growth while others maintained a steady pace.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), the world&#8217;s largest cryptocurrency by market cap, traded at $26,576.25 Sunday morning, marking a 3.18% increase over the past week. The 24-hour price change was a modest 0.17%.
Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), the second-largest cryptocurrency, was priced at $1,729.71, with a 1.36% increase over the week and a 0.90% increase in the last 24 hours.
Tether (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>), a stablecoin pegged to the US dollar, maintained its $1.00 value with a minimal 0.02% increase over the week and a 0.07% increase in the last 24 hours.
BNB (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/bnb/usd">BNB</a>), the native coin of the Binance exchange, traded at $245.93, showing a 3.75% increase over the week and a 0.29% increase in the last 24 hours.
Finally, USD Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>), another stablecoin, also maintained its $1.00 value with a slight 0.05% increase over the week and a 0.01% increase in the last 24 hours.
Moving on to the top performers of the week among the top 100 cryptocurrencies, we have:
Sui (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">SUI</a>) leads the pack with a 25.76% increase over the week, trading at $0.7661. The 24-hour price change was 0.64%.
KuCoin Token (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">KCS</a>) followed closely with a 24.19% increase over the week, trading at $7.33. The 24-hour price change was 0.98%.
Trust Wallet Token (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/twt/usd">TWT</a>) saw a 20.50% increase over the week, trading at $0.8957. The 24-hour price change was a significant 5.23%.
Aptos (CRYPTO: APT) had a 19.84% increase over the week, trading at $7.11. The 24-hour price change was 6.05%.
Finally, Fantom (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ftm/usd">FTM</a>) saw a 14.30% increase over the week, trading at $0.2723. The 24-hour price change was 1.13%.
In the news, <a href="https://www.benzinga.com/markets/cryptocurrency/23/06/32905410/binances-liquidity-woes-buffetts-prediction-throwback-and-a-sheriffs-bitcoin-clash-weeks-t">Binance faced liquidity issues</a> while Bitcoin clashed with a sheriff&#8217;s office over a mining operation. Meanwhile, <a href="https://www.benzinga.com/markets/cryptocurrency/23/06/32809988/bitcoin-ethereum-dogecoin-trade-mixed-amid-regulatory-woes-analyst-names-two-altcoins-with">regulatory woes</a> continue to impact the market, with Bitcoin, Ethereum, and Dogecoin trading mixed.
On a positive note, <a href="https://www.benzinga.com/markets/cryptocurrency/23/06/32887023/bitcoin-ethereum-dogecoin-rise-on-blackrock-etf-news-why-this-veteran-trader-says-king-cry">BlackRock&#8217;s ETF news</a> boosted Bitcoin, Ethereum, and Dogecoin. However, the market reacted negatively to Jerome Powell&#8217;s comments on future rate hikes, leading to a drop in Bitcoin, Ethereum, and Dogecoin.
Despite these challenges, some analysts foresee a 100x growth for Bitcoin, Ethereum, and Dogecoin post-CPI data. However, others have sounded a mayday after a crypto crash ahead of CPI data.
<div style="padding: 20px">
<div style="border: 5px solid teal;padding: 20px;text-align: center;border-radius: 10px;font-family: 'Lato', sans-serif">
<div style="background-color: #f5f5f5;background-position: center;background-size: cover;justify-content: center">
 <img decoding="async" src="https://s3.amazonaws.com/editorial.benzinga.com/wp-content/uploads/2023/05/24133132/Screenshot-2023-05-25-at-12.30.54-AM.png" alt="Benzinga Newsbot" style="margin-bottom: 20px;width: 100%" />
 </div>

 Hi, I am the Benzinga Newsbot! 
 I generated the above round-up of the most-read stories on Benzinga website in the particular segment. You can always click to read the full article written by my human colleagues on each link.
 This story was reviewed by Benzinga editors in line with the publication&#8217;s editorial guidelines before being published. 
</div>
</div>

$BNB

$FTM

$KCS

$SUI

$TWT

$USDC

$USDT

USDC

Bitcoin Surges 3% In Volatile Week But This Altcoin Steals The Show With 25% Surge

New York Gov.&nbsp;Kathy Hochul urged school districts to cancel outdoor activities Wednesday because of poor air quality driven by Canadian wildfires. Hochul noted that several districts had already canceled activities in an effort to keep students safe from the <a href="https://www.benzinga.com/news/large-cap/23/06/32758785/detroit-and-new-yorks-air-quality-plunge-to-dangerous-levels-amid-canadian-wildfires">potentially harmful air</a>.
Poor air quality is hazardous, especially so for young children, elderly people and those&nbsp;with asthma or other respiratory problems. Many local officials are urging people in general to limit their time outside.&nbsp;
How NYC Ranks:&nbsp;The entire skyline of New York City is surrounded by an orange, yellowish glow that looks like it would fit right into a movie about a dystopian future. In fact, according to the<a href="https://www.iqair.com/us/world-air-quality-ranking" style="text-decoration-line:none"> IQAir World Air </a>Quality Index, New York City has the worst air quality in the world Wednesday with a rating of 355. The 355 rating is considered &quot;hazardous.&quot;&nbsp;
The next cities with the poorest air quality are Dubai, United Arab Emirates with a 167 air quality index and Lahore, Pakistan at 163.&nbsp;
Another Use For N95s:&nbsp;Many people in New York City are breaking out their old COVID-19 masks to help them fight the poor air quality. Companies like 3M Co (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mmm#NYSE">MMM</a>) and Alpha Pro Tech (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/apt#NYSE">APT</a>) that produce masks and other protective equipment could benefit if the wildfires and smoke persist.&nbsp;
Flight Delays:&nbsp;The smoke has gotten so bad that airports in New York are delaying or canceling flights because of poor visibility. According to flight-tracking site Flight Aware, more than 1,600 flights have been delayed from LaGuardia and other area airports.
Airline stocks were largely unaffected by the delays and cancellations, with the US Global Jets ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jets#NYSE">JETS</a>) trading up slightly Wednesday afternoon.&nbsp;
What&#39;s Next:&nbsp;Other cities and states are affected by the smoky air, including Detroit, Michigan and Philadelphia, Pennsylvania.&nbsp;
While it&rsquo;s unclear exactly how long the smoke will&nbsp;impact air quality, some experts believe that it could take a while. The Weather Channel&rsquo;s Stephanie Abrams told viewers to expect smoke to remain through at least Saturday.
Photo via Shutterstock.&nbsp;

Comments

Alpha Pro Tech

Actualités

Dernières nouvelles pour Alpha Pro Tech (AMEX:APT) Stock

Les gens regardent aussi

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL