CRNT stock forecast models based on Fibonacci retracement levels suggest a near-term support zone at $1.42, with a possible rally if global telecom capital expenditure remains robust. Operations: Biglari Holdings generates revenue through various segments, with Restaurant Operations - Steak n Shake contributing $241.60 million and Insurance Operations - First Guard adding $37.65 million. The company also earns from Oil and Gas Operations, including Southern Oil at $14.74 million and Abraxas Petroleum at $22.96 million, along with other restaurant and insurance activities. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock Trading volume spikes in CRNT have coincided with speculative bets on industry M&A activity. While no deal is confirmed, speculative interest could keep short-term volatility high.