Shares of Citius Pharmaceuticals, a developer of drugs for bloodstream infections, lymphoma, and hemorrhoids, surged over 10% on Wednesday, July 10. This came after the company announced that it had completed trials of one of its drugs and is close to commercially launching another. The company expects “strong momentum” if…
Finding undervalued stocks can generate substantial long-term profits for an investing portfolio, notes Yiannis Zourmpanos, an InvestorPlace contributor and the founder of the stock-market research platform Yiazou Capital Research. He has come out with three cheap stocks with potential for 1,000% growth by 2026. Recently, two of them have significantly…
Nonlethal weapons manufacturer Byrna Technologies has increased production to be ready for a potential pickup in demand should the upcoming US presidential election, scheduled for November 5, lead to unrest. Details Byrna has expanded its production of nonlethal weapons to 18,000 units per shift, the company announced in its second-quarter…
Quotes on shares of fintech company DeFi Technologies rose more than 3% on Tuesday, July 9. The gains followed the company’s announcement that it had agreed to acquire Stillman Digital, a platform for over-the-counter (OTC) trading in crypto assets and liquidity provider. Details DeFi Technologies stock climbed 3.25% to $1.27…
At the end of June, Super Micro, a manufacturer of data center equipment, was removed from the Russell 2000, a small-cap stock index. Investors should brace for the consequences of this move, as it was largely thanks to Super Micro that the Russell 2000 had been growing over the past…
Shares of Beam Global, a provider of infrastructure solutions for the electrification of transportation and energy security, are up more than 25% since July 2. The company reported “record orders” in the second quarter of 2024 and a million-dollar contract to supply its autonomous EV charging system in Europe. Details…
Investors seeking promising companies beyond the typical AI heavyweights should consider AMD, Innodata, and SoundHound AI, writes Yiannis Zourmpanos, an InvestorPlace contributor and the founder of the stock-market research platform Yiazou Capital Research. These companies vary in size: AMD has a market capitalization exceeding $275 billion, while the other two…
Shares of diamond mining company Diamcor Mining fell 15% on the Frankfurt Stock Exchange. In Canada, its shares dropped 10% on Thursday. This came as the company announced that the TSX Venture Exchange had approved a private placement of CAD2 million (about $1.47 million). Details Diamcor shares opened on Friday,…
On Wednesday, July 3, quotes on shares of Canada’s KITS Eyecare, a retailer of glasses, contact lenses, and accessories, closed at their highest level since March 2021. This came after the company released preliminary second-quarter results, the highlight of which was 25% year-over-year revenue growth. Details On Wednesday, KITS Eyecare…
Quotes on shares of CNS Pharmaceuticals, a developer of drugs to treat brain and central nervous system cancers, surged over 100% at one point on Wednesday, July 3. However, after announcing its third share issue in a month, the company saw its stock plummet. In the latest round, almost $2…
Quotes on shares of protective clothing manufacturer Lakeland Industries rose over 6% on Tuesday, July 2. The company announced the completion of a deal to acquire German competitor LHD Group Deutschland, as well as its subsidiaries in Hong Kong and Australia. Details On Tuesday, Lakeland’s shares surged 6.26% on the…
On Tuesday, July 2, shares of satellite company Sidus Space rose almost 10% after the company announced that it had launched a payload for the ASTRA (Autonomous Satellite Technology for Resilient Applications) mission into space. This project is one of the 10 selected by NASA to explore deep space and…
Shares of Perfect Corp, which provides AI solutions to fashion brands and consumers, rose more than 9% on Monday, July 1. That day, the company announced a new partnership for the Japanese wig retailer NAO-ART to use its technology for virtual try-ons. Details On Monday, Perfect Corp’s stock jumped 9.41%…
Shares of Achieve Life Sciences, a developer of the first vaping addiction treatment, rose 1.7% on Monday, July 1, after the company announced that it had been added to the U.S. Russell 3000 and Russell Microcap indexes. Details Shares of Achieve Life Sciences climbed 1.7% to $4.78 per share on…
The stock of towing and recovery equipment manufacturer Miller Industries is deserving of attention from both current and potential investors, according to analysts at Simply Wall St. They point out that the company has a low P/E ratio relative to its peers, indicating bigger upside. Details Simply Wall St believes…
Shares of gold exploration and mining company Contango ORE surged nearly 6% on Friday, June 28, following the announcement that the majority of shareholders of Canadian gold miner HighGold Mining approved a deal allowing Contango to acquire it. Details On June 28, Contango’s share price on the Nasdaq exchange rose…
Stock prices of Intelligent Bio Solutions, which develops fingerprint-based drug screening technology, rose by more than 5% on Thursday, June 27. The company announced contracts with three UK retailers that have a total of 55,000 employees. Details Intelligent Bio Solutions (INBS) shares grew by 5.65%, to $1.87 per share, on…
Stock prices of CNS Pharmaceuticals, a developer of drugs aimed at treating brain and central nervous system cancers, dropped nearly 10% during trading on April 27, hitting a new record low. The company released a prospectus for a new private placement. The two additional share issues announced in June have…
Stock prices of CNS Pharmaceuticals, which develops treatments for cancers of the brain and central nervous system, plunged 35% on Wednesday, reaching an all-time low. The company announced the price at which it will sell its shares to private investors. The figure turned out to be a third lower than…
Shares of display manufacturer Daktronics surged nearly 22% on Wednesday, June 26. In the morning, at the opening of trading, the company announced record figures for the 2024 fiscal year, which ended on April 27, as well as significant growth in operating profit and cash flow. Details Daktronics stock prices…
Shares of gold explorer Contango ORE rose 1.7% during trading on June 25. On that day, the company announced that the first pour of gold-bearing ore from the Manh Choh mine in Alaska, which it is developing in partnership with Kinross, will soon take place. Details Contango ORE’s stock prices…
Byrna Technologies produces non-lethal weapons and bullets but promotes its products in the same way as, for example, fashion brands. Its inventions are mentioned in Fox News, social media, and podcasts, and can be purchased on Amazon. Byrna’s first two products — electric bullets that work like a taser and…
Satellite company Sidus Space saw its stock rise by nearly 6% on Tuesday, June 25th, after announcing its entry into the Middle East market and the formation of a joint venture with local service company NamaSys Bahrain. Details Sidus Space’s shares increased by 5.72% on Nasdaq on Tuesday, June 25th,…
Investors interested in small-cap companies should take a look at four stocks, writes investment author John Navin in a Forbes column. These companies share common traits: a low P/E ratio (price-to-earnings ratio: the lower it is, the higher the potential), dividend payments, and inclusion in the Russell 2000 index. Civitas…
