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Author: Hassan Masood

Trading Signals

Kintara Therapeutics, Inc. (KTRA) Stock on a Steep Rise, Here’s Why

 Kintara Therapeutics, Inc. (KTRA), a clinical-stage drug development company, closed Monday’s regular trading session at $0.50 after rocketing by 35.41% during the day. In the aftermarket, KTRA stock has further surged by 3.43% and as a result, is trading at $0.52 at the time of the writing. KTRA Presented Data KTRA stock rose on Monday following the announcement regarding the presentation of data. On Monday, the company announced that it had presented the data at the 2022 American Association for Cancer Research (AACR) Annual Meeting. The presentation discussed the impact of Dianhydrogalactitol (VAL-083) on the treatment of Glioblastoma Multiforme (GBM). An

Equity News

New Oriental Education & Technology Group Inc. (EDU) Stock Declined after Reverse Split related Rise

New Oriental Education & Technology Group Inc. (EDU), a company providing private educational services in China, closed Thursday’s regular session at $11.90 after a mammoth jump of 848.21% during the day, attributable to a reverse stock split. In the premarket, EDU has declined by 4.20% and is trading at $11.41 at the time of the writing. EDU to Release Q3 2022 Results The latest release from EDU was regarding the date of the financial results announcement. The company announced hours ago that it would report the financial results for Q3 2022 before the opening of the market on the 26th of April

Market Activity

Tilray, Inc. (TLRY) Stock on a Bullish Ride in Current Market, Here’s Why

Tilray, Inc. (TLRY), a global cannabis-lifestyle goods company, has surged 13.44% in the current market. Consequently, TLRY is trading at $7.98 at the time of the writing. TLRY Announced Q3 2022 Results The precipitous rise in the price of TLRY stock could be attributed to the announcement of strong financial results. Hours ago, the company released the results for the third quarter of 2022. The net revenue saw a jump of 23% to $152 million during the quarter, while the gross profit was calculated to be $39.8 million after increasing by 31%. The adjusted EBITDA was estimated to be $10.1 million,

AMZN
Equity News

Twitter Inc. (TWTR) Stock Sky-Rocketing in Premarket, Here’s the Reason

Twitter Inc. (TWTR), a popular networking site, closed Friday’s regular session at $39.31 after gaining an increase of 1.60% during the day. In the premarket, the stock has rocketed 21.44% and consequently was trading at $47.74 at the last check. Musk Having Stakes in TWTR TWTR stock has seen this humongous rise following Elon Musk, Head of Tesla, revealed that he has a 9.2% stake in the world’s leading social site. The revelation caused a prolific rise of more than 20% in Twitter stock price. According to sources, Musk has got a total of 73.5 million shares of Twitter, which values his

VIPS stock
Market Activity

Vipshop Holdings Ltd. (VIPS) Stock on a Precipitous Rise in Premarket, Here’s Why

Vipshop Holdings Ltd. (VIPS), an online discount retailer for various brands, closed Wednesday’s regular trading session at $9.21 after declining 3.96% during the day. In the premarket trading session, VIPS stock has soared by 7.60% and consequently was trading at $9.91 at the last check. The eminent performance in premarket is attributed to the share repurchase program announcement. Authorization of Share Repurchase Program Hours ago, VIPS has announced that its Board of Directors has authorized the share repurchase program. Under the program, the company could repurchase $1 billion of the Class A ordinary shares over the next 24 months. The company

THMO
Market Activity

ThermoGenesis Holdings, Inc. (THMO) Stock in Decline after a Massive Monday, Here’s Why

ThermoGenesis Holdings, Inc. (THMO), a company involved in the development of automated technologies for cell-based therapies, soared 19.48% in Monday’s regular trading session and closed the day at $0.76. In the premarket session, THMO stock has slid 6.81%, owing to the profit-taking factor, and as a result, was trading at $0.71 when last checked. The gigantic increase in the stock price was attributable to the announcement of financial results. FY 2021 Financial Results On Monday, THMO announced the results for FY 2021 which came to an end on 31st December 2021. The net revenue for the year was $9.3 million versus $9.7

Market Activity

Kingsoft Cloud Holdings Ltd. (KC) Stock Plunging in Premarket, Here’s the Reason

Kingsoft Cloud Holdings Ltd. (KC), a company providing cloud services to different businesses and organizations, gained an increase of 1.62% during Thursday’s regular trading session to close the day at $6.27. In the premarket, KC stock has slumped 6.22% and consequently was trading at $5.88 when last checked. The stock started to decline following the announcement of below-par financial results. Q4 & FY 2021 Results On Thursday, after the closure of the market, KC announced the results for Q4 and FY 2021. The company generated $417.4 million in terms of revenue during the quarter, an increase of 38.3% on a year-over-year basis.

Aurora Cannabis Inc. (ACB) Stock Taking Solid Steps Ahead, Here’s Why

 Aurora Cannabis Inc. (ACB), a company involved in the cannabis business, has gained an increase of 6.25% in the premarket trading session. Consequently, ACB was trading at $3.91 when last checked. During Tuesday’s regular trading session, the stock price increased by 6.05% to close the day at $3.68. The continuous increase could be attributed to advancements in premiumization strategy. Acquisition Agreement with TerraFarma Hours ago, ACB announced to have reached an acquisition agreement with TerraFarma Inc. The agreement deals with the acquisition of all of the shares of TerraFarma Inc. The agreement is based upon an aggregate consideration of $38 million, which

Trading Signals

Futu Holdings Ltd. (FUTU) Stock in Decline After a Phenomenal Friday, Here’s the Reason

 Futu Holdings Ltd. (FUTU), a company that operates an online wealth management platform, has slid 5.11% in the premarket trading session. Consequently, FUTU stock was trading at $38.60 when last checked. The decline could be attributed to the profit-taking factor after the stock soared by 16.49% during Friday’s regular trading session to close the day at $40.69. The surge followed the filing of the fiscal year 2021 results by the company. FUTU FY 2021 Operational Results On Friday, FUTU filed the results for the fiscal year 2021 with SEC. The total revenue generated during the year was $912 million. The gross profit

DOYU
Market Activity

DouYu International Holdings Ltd. (DOYU) Stock Plunging After a Fabulous Performance on Wednesday, Here’s Why

DouYu International Holdings Ltd. (DOYU), a company that provides entertainment live streaming services and interactive games through its platform, has slid 10.09% in the pre-market trading session. The slump could be attributed to the profit-taking factor after the stock went berserk during Wednesday’s regular trading session after rocketing by 60.56% to close the day at $2.28. The massive surge came following the announcement of strong quarterly results. Q4 & FY 2021 Results On Wednesday, DOYU released the financial results for the fourth quarter and full-year 2021. The total net revenue during the three months grew by 2.6% on a year-over-year basis