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Category: Equity News

Equity News

Why Did The Energy Focus (EFOI) Stock Rise Nearly 7% In After-Hours Session?

Energy Focus Inc. (NASDAQ: EFOI), a leading provider of energy-efficient lighting solutions, has seen a significant surge in its stock price in after-hours trading on Friday. According to the latest data, the company’s stock has advanced by 7.00% to reach a new level of $0.6418. This positive development in the stock’s performance can be attributed to the company’s recent announcement of its expansion plans, which include the launch of a new product. EFOI has expanded which products? In a recent announcement, Energy Focus (EFOI) announced plans to expand its LED power supply product lines to include products utilizing Gallium Nitride

Equity News

How Did The ProQR Therapeutics (PRQR) Stock Rise 35% Pre-Hours?

After the company announced an expansion of cooperation, shares of ProQR Therapeutics N.V. (Nasdaq: PRQR) were up 35.15% at $2.23 at the time of our last check in pre-market trading. What partnership will PRQR be extending? Eli Lilly and Company (NYSE: LLY) and ProQR Therapeutics (PRQR) have expanded their license and partnership arrangement to concentrate more on the research and marketing of novel genetic treatments. The partnership, which was first disclosed in September 2021, used ProQR Therapeutics’ exclusive Axiomer RNA editing tool to treat liver and nervous system diseases. Since the beginning of the project, platform improvements have greatly improved

Equity News

Latest Stock Upgrade Recommendations: AT&T Inc. (T), Nu Holdings Ltd. (NU), American Homes 4 Rent (AMH)

An analyst’s upgrades and downgrades can have a significant effect on a stock’s price. Short-term profits can come from stocks like these, but if analysts downgrade them or misjudge them, investment losses can also result. Analysts typically rate stocks based on three tiers: The stock will perform better than the market if an analyst rates it as a “Buy.” Other rating terms like overweight and outperform can also be used by analysts for “BUY”. An analyst would generally assign a “Hold” rating to a stock if they anticipated that it would perform similarly to the market. A “Hold” rating indicates

Equity News

How Did The Preformed Line Products (PLPC) Stock Rise In The Extended Session Friday?

In Friday’s after-hours trading, Preformed Line Products Company (Nasdaq: PLPC) shares increased 4.99% to $92.30. PLPC stock increased despite the lack of recent news, thus previous events may be helpful in understanding the firm. What recently happened at PLPC? Beginning the month, Preformed Line Products (PLPC) released financial data for the third quarter that concluded on September 30, 2022. Q3 2022 Highlights: Performed Line Products reported net sales of $165.4 million for the third quarter of 2022 as opposed to $135.4 million in the third quarter of 2021, a 22% increase in net sales. As opposed to $10.7 million, or

Equity News

Why Is Safeguard Scientifics (SFE) Stock Surging In Pre-Hours Trading?

After announcing the date of the publication of its quarterly results, Safeguard Scientifics Inc. (NASD: SFE) is soaring on the charts today, up 7.04% to trade at $3.80 at the last check in premarket activity. When will SFE make the financials public? On Thursday, November 3, 2022, following the close of business, Safeguard Scientifics (SFE) will announce its financial results for the third quarter that ended September 30, 2022. At 5:00 PM ET on the same day, Safeguard Scientifics will also host a conference call and webcast. The conference call will feature a discussion of the financial results for the

Equity News

How Did The Vicinity Motor (VEV) Stock Surged In The Extended Session, Jumping 6%?

In after-hours trading hours on the last trade Monday, Vicinity Motor Corp. (NASD: VEV) stock was up 6.56% at $0.812, rebounding from a -16.35% loss in the last trading session. Recently, what has VEV been up to? Sustainability Partners LLC (“SP”), an ESG-focused Public Benefit Company committed to eliminating deferred maintenance infrastructure through sustainability, has placed an order with Vicinity Motor (VEV). In this order, Vicinity’s Pacific Islands distributor, Soderholm Sales & Leasing, Inc. (“Soderholm”), bought four (4) Vicinity Lightning electric buses. By replacing outdated and costly fleet infrastructure with modern electrified solutions like the Vicinity Lightning, the State of

Equity News

Five Best Drone Stocks To Invest in 2022

In the current day and age, drones are proving themselves to be useful and popular in a variety of fields, which is why drone stocks are in such high demand. In many areas, drones play a vital role in many different aspects of life including military services, agriculture, surveillance, delivery, search and rescue, wildlife monitoring, healthcare, recreation, and even in some areas of military operations. Drones are more popular than ever, and it’s not just hobbyists who are into unmanned aerial vehicles or UAVs. The military increasingly relies on them, as do law enforcement, the entertainment industry, industrial agriculture, and

Equity News

Best Lithium Stocks to Invest in 2022

The Lithium industry is one that many claims are on the verge of a price explosion. With increasing momentum in the shift towards electric vehicles, metal continues to see an increase in demand. Analysts point out that demand will continue to outweigh available supply right through 2030. Electric vehicles (EVs) and laptops rely heavily on lithium batteries for their lightweight, power-dense performances. It is no wonder that lithium prices have more than doubled since 2015 because of the insatiable demand for these products, especially electric vehicles. Furthermore, many governments have been actively supporting the push toward electric vehicles. This is

Equity News

Top 5 Robinhood Penny Stocks To Invest In

Penny stocks are a popular investment choice due to high inflation these days. What are we talking about with penny stocks here? Primarily, because they are easy to invest in and are able to make money quickly. Thanks to Robinhood, retail investors have access to the market. As penny stocks break out, you can see the real retail momentum. If you are interested in getting started, you should check out Robinhood Penny Stock List. Best Robinhood Stocks to Invest Historically, Robinhood may not be the most famous platform for trading penny stocks. However, the broker has flourished owing to its

CROX
Equity News

Crocs Inc. (CROX) Earnings Preview: What to Expect From Earnings

Crocs Inc. (NASDAQ: CROX) will release its second-quarter earnings report on Thursday, August 4th. Quarterly sales are expected to exceed $920 million, but investors should keep an eye on a few important factors. CROX’s second-quarter sales are expected to increase by 43-49 percent, although the recent acquisition of Heydude will contribute significantly to this increase. As a result, the indication of organic growth (excluding acquisitions), which should be between 17-20 percent, will be far more helpful for investors. If the firm fails to meet this metric, it will be able to discuss a drop in demand. The firm sells daily