Category: Equity News

ZM Stock
Equity News

Zoom Video Communications, Inc. (ZM) Stock Plunged But is Bouncing Back

Zoom Video Communications, Inc. (ZM), a company providing video-first communications platforms, declined 6.49% in aftermarket trading session and lipped to $119. At the last check, however, the stock had gained its momentum back and was trading at $130.55. During Monday’s regular trading session, the stock surged by 5.81% and closed the day at $132.6. The sharp decline in aftermarket could be attributed to the announcement of financial results, which depicted that the profit earned by the company was less than what the estimates suggested. That in turn forced caused the stock to slump. FY 2022 Results On Monday, after the

Equity News

eBay Inc. (EBAY) Stock Tumbling in Pre-Market, Here’s Why

eBay Inc. (EBAY), a company that operates platforms for connecting buyers and sellers across the globe, has slid 10.22% in the pre-market trading session. Consequently, the stock is trading at $49.01 at the time of the writing. During Wednesday’s mid-day session, the stock declined by 1.02% and closed the day at $1.02. The stock slumped after the announcement of financial results, which depicted a bleaker outlook for the company. Q4 and FY 2021 Results On Wednesday, EBAY released the results for Q4 2021 and FY 2021. The total revenue generated during the three months of Q4 2021 was $2.6 billion, an increase

VIPS stock
Equity News

Cyngn, Inc. (CYN) Stock Declining in Aftermarket, Here’s Why

 Cyngn, Inc. (CYN), an autonomous vehicle technology company, has declined 0.69% in aftermarket trading sessions and consequently is trading at $1.44 with a trading volume of 4,570 shares at the time of the writing. During Friday’s regular trading session, the stock slightly declined by 1.36% and closed the day at $1.45. The most recent news from the company was regarding its participation in a virtual conference. Presentation by CYN Management On 10th February, CYN announced that the management of the company is scheduled for a presentation at the Aegis Capital Corp. virtual conference. The presentation was to take place on 23rd February

Equity News

Lets not miss out on these sizzling after market movers

Stocks traded after regular session closing are often referred to as after-market movers. In the United States, after-hours trading begins at 4 p.m. Eastern Standard Time after the close of major stock exchanges. After-hours trading is typically permitted until 8 p.m., but the volume starts to slow way sooner than that. After-hours trading is carried out through electronic communication networks (ECNs). As news breaks after the stock exchange closes, investors and traders can react to it in the post-closing market. News announcements, such as earnings reports, can influence aftermarket movers. News information usually leads to a spike in volume, which

Equity News

Why Did The Exro Technologies (EXROF) Stock Rise In Last Trading?

Exro Technologies Inc (OTCQB-EXROF) stock rise slightly as it recorded rise of 4.34% to $2.3900 at previous close. EXROF stock performance over the last week was 7.66% versus its monthly performance of 0.49%. EXROF stock jumped after deciding to participate online in a major event. Which occasion EXROF will be taking part on the web? Exro Technologies is a spotless innovation organization spearheading insightful control arrangements in power hardware to assist with taking care of the most difficult issues in zap. EXROF has fostered another class of control innovation that grows the capacities of electric engines, generators, and batteries. EXROF

Equity News

What Motivated CETY Stock To Climb 9%?

Clean Energy Technologies Inc. (OTC:CETY) surged up 8.87% to $0.0221 at the yesterdays close. The volume of CETY stock traded on the day was 2.37M in contrast with its Average Weekly volume of 1.70M. CETY stock leapt following an equity offering. What CETY has offered? Settled in Costa Mesa, California, Clean Energy Technologies is a low carbon energy organization which conveys power from hotness and biomass with zero emanation and minimal expense. CETY plans, delivers, and markets clean energy items and arrangements zeroed in on energy effectiveness and environmentally friendly power. CETY’s chief item is the Clean Cycle attractive bearing

Equity News

Now is a great time to invest in SPAC stocks

SPAC stock has been gaining popularity as an investment. These days, private companies use SPACs to get into the stock market instead of traditional IPOs. SPACs have seen an increase in popularity in recent months as a result of the current market conditions. The main function of a SPAC is to acquire other companies. To become listed, however, SPACs must either acquire or integrate existing businesses. In 2020, Companies offering special-purpose shares raised over 83 billion dollars, according to SPAC Research. By June 2021, SPAC will have assisted 350 companies in raising more than $108 billion through their IPO debuts.

Equity News

Smith and Wesson Inc. (SWBI) stock declined during after-hours, here’s the update

Smith and Wesson Inc. (NASDAQ: SWBI) stock soared by 1.82% at last close whereas the SWBI stock price fell by 14.67% in the after-hours trading session. Under the legendary Smith & Wesson, M&P, and Gemtech brands, Smith & Wesson Brands is a global pioneer in weapon production and design, supplying a wide range of premium handguns, long guns, and suppressors products to the global consumer and professional markets. SWBI stock’ Financial Outcomes Smith and Wesson announced its financial highlights for the second quarter of fiscal 2022. The summary is stated below: For the second quarter of fiscal 2022, the company’s

ALXO Stock
Equity News

Ethereum Classic (ETC) has experienced wild price fluctuations in recent weeks. Is it worth investing in?

What is Ethereum Classic? Ethereum Classic runs smart contracts in a blockchain-based, open-source, decentralized environment. Ethereum Classic emerged in 2016 as the result of an attack on the Ethereum network. Ethereum was split into two blockchains. The first one was Ethereum Classic, and the second was Ethereum. A unique feature of Ethereum Classic (ETC) is its inability to be altered. As well as a history of the entire network, this includes the 2016 exploit. What are the pros and cons of investing in ETC? Global payment network is still very much in its infancy. Still, the Ethereum Classic community has

Equity News

Pfizer (PFE) Stated Its Oral Drug Treatment Against Covid-19 Would be Ready By December 2021

On Tuesday, Pfizer (PFE) CEO Albert Bourla confirmed that Pfizer is working toward making its experimental oral drug available by the end of the year to treat Covid-19 at the first signs of illness. The drug is a protease inhibitor belonging to a class of medication. It inhibits the activity of a particular enzyme that the virus requires to infect and replicate in human cells. HIV and hepatitis C are among the pathogens that are treated with protease inhibitors. In March, The PFE stock developed and licensed the first Covid-19 vaccine approved for use in the US and Europe. The