[breadcrumb_custom]

Category: Market Activity

Market Activity

Investor Optimism: NOVONIX (NVX) Shares Rally On Post-Conference Momentum

The weekend session saw a significant spike in NOVONIX Limited (NASDAQ: NVX) stock price; concluding the trading at $2.55 after a noteworthy 15.391% rise. This increase in NVX stock came after the company participated in the virtual Baird 2024 Vehicle Technology & Mobility Conference on February 29, 2024. Additionally, NOVONIX is also set to be participating in Gabelli Funds 15th Annual Specialty Chemical Symposium on March 14, 2024, in New York City. Moreover, NOVONIX also recently made a strategic move and signed a legally binding off-take deal with Panasonic Energy Co. to provide high-performance synthetic graphite anode material to Panasonic

Market Activity

T2 Biosystems (TTOO) Seeks FDA Breakthrough Device Designation for Candida Auris Test Amid Growing Global Health Concerns

T2 Biosystems, Inc. (NASDAQ: TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic-resistance genes, has recently submitted an application to the U.S.  Food and Drug Administration (FDA) for Breakthrough Device Designation for its Candida auris test. This move comes as the company aims to address the urgent global health threat posed by Candida auris (C. auris), a multidrug-resistant fungal pathogen with a high mortality rate.  The potential acceleration of FDA clearance and commercialization for T2 Biosystems’ C. auris diagnostic test could position the company as a crucial player in the fight against this deadly infection. Candida Auris:

Market Activity

Aemetis (AMTX) Stock Is On Rise After Receiving EPA Approval

Shares of Aemetis Inc. (NASDAQ: AMTX) experienced a significant increase of 32.67% to reach $3.24 during the morning session on Friday. In the previous trading session, Aemetis stock closed at $2.44. The trading volume for the stock amounted to 5.23 million shares, which is lower than the average daily trading volume of 0.74 million shares reported over the last 50 days. AMTX stock price has surged as a result of receiving federal approval. Which Approval Has AMTX Gotten? Aemetis (AMTX), a leading renewable fuels and biochemicals company, recently received a significant boost as the Environmental Protection Agency (EPA) approved its

Market Activity

Why Did The LiqTech (LIQT) Stock Surge 8% In The Extended Session?

Following the signing of a contract, LiqTech International Inc. (NASD: LIQT) was gaining on the charts yesterday, increasing 7.95% to trade at $0.3885 at the most recent check. Which contract did LIQT sign? For the purpose of commercializing a combination solution for acid purification, LiqTech (LIQT) has formed a collaboration agreement with Ecolotron Wastewater Solutions, Inc., a company specializing in electrolytic water treatment with headquarters in the United States. The innovative solution provided by LiqTech and Ecolotron is based on a combination of LiqTech’s silicon carbide ceramic ultrafiltration system for the filtering of crude phosphoric acid streams and Ecolotron’s E-FLOC

Market Activity

Investing Research reports: Credit Suisse Group AG (CS), Netflix Inc (NFLX), New York Community Bancorp Inc. (NYCB)

Upgrades and downgrades in analyst ratings can have a significant impact on stock prices. Even though these stocks may generate short-term earnings, analysts may downgrade them, culminating in negative results for investors. Analysts classify stocks into three subcategories: Analysts project a “BUY” recommendation for the stock, indicating a near-term beat on the market. “Buy” can also be described as Overweight or Outperform by analysts. “Hold” ratings are recommended by analysts if they expect a stock’s performance to be similar to the overall market performance. An analyst recommends against buying or selling a stock with a Hold rating. The market performance

Market Activity

Why Is The VEON Stock Rising 27% In Pre-Market Trading?

As of the most recent check, VEON Ltd. (VEON) shares were up 27.01% to $0.5906 in pre-market trading on reports that the global digital operator has been selling some of its assets. What assets have VEON been selling? Following a competitive procedure, VEON Ltd. (VEON) announced that it has reached an agreement to sell VEON’s Russian business to a number of senior members of PJSC VimpelCom’s (“VimpelCom”) management team, led by its current CEO Aleksander Torbakhov. A 3.2x multiple of the estimated enterprise value to 2022E EBITDA is implied by the management buyout of VimpelCom, which suggests an expected enterprise

Market Activity

What Drove The Bone Biologics (BBLG) Stock Up 7% During After-Hour Trading?

Shares of Bone Biologics Corporation (Nasdaq: BBLG) were up 7.37% at $0.3758 at the time of our latest check in after-hours trading, which was followed by a CEO letter to the company’s stockholders. What did the CEO of BBLG disclose to the shareholders? The letter from Bone Biologics (BBLG) president and chief executive officer, Jeffrey Frelick, was recently distributed to the company’s shareholders. The highlights from BBLG’s letter: As it prepares to start its first-in-human pivotal trial in 2023, Bone Biologics briefed shareholders on its development work with NELL-1 over the last year and reviewed its anticipated milestones over the

Market Activity

Is This Why The Amesite (AMST) Stock Rose Extended Trading?

After-hours trading saw shares of Amesite Inc. (NASDAQ: AMST) climb 3.31% to $0.24, extending the regular session rally that saw shares gain 3.75% to close the day at $0.23. What is AMST doing? This week, Amesite (AMST) published a case study on their business partner, EWIE Group of Companies (EGC), outlining the accomplishments of their training and upskilling programs for close to 1,000 employees across ten nations. EGC is a supplier organization that offers businesses in the automotive, aerospace, medical, agricultural, and energy sectors manufacturing, goods, and supply chain solutions. At the moment, it oversees 243 facilities throughout the world

Market Activity

What Caused Purple Innovation (PRPL) Stock to Rocket Today?

After receiving a takeover bid, Purple Innovation Inc. (NASDAQ: PRPL) shares increased 42.38% to trade at $3.97 in current market trading. At the end of the previous session, PRPL closed at $2.79. Who is the bidder for PRPL? In a statement released today, Purple Innovation (PRPL) confirmed that Coliseum Capital Management, LLC sent it an unsolicited, non-binding proposal on September 17, 2022. A bid of $4.35 per share was made to acquire all of PRPL’s outstanding capital stock. To determine the best course of action for Purple and all Purple shareholders, the PRPL Board of Directors will carefully review the

Market Activity

Why Spectrum Pharmaceuticals (SPPI) Stock Is Rising Pre-Market Today?

Spectrum Pharmaceuticals Inc. (SPPI) shares are up 18.15% in premarket trading to $1.53 after announcing a presentation data. The stock closed Friday’s session at $1.29 up 2.78%. What SPPI has presented? As part of a poster presentation titled: “High Activity of Poziotinib in Non-Small Cell Lung Cancer (NSCLC) with G778_P780dup HER2 Exon 20 Insertion Mutations” Spectrum Pharmaceuticals (SPPI) has announced data. Both newly diagnosed patients with NSCLC and patients who have been previously treated with poziotinib show high responses to it. On September 12, 2022, Xiuning Le, M.D., Ph.D., Assistant Professor, The University of Texas MD Anderson Cancer Center, will