Talkspace stock jumped more than 13% on Tuesday, September 17, following the announcement of a partnership with Amazon Health Services. Talkspace is set to become the first virtual behavioral health provider to have its services on the Amazon platform. Details On Tuesday, quotes on Talkspace surged 13.6% to $2.17 per…
Quotes on Sonoma Pharmaceuticals soared over 23% on Tuesday, September 17, following the announcement that the U.S. Food and Drug Administration (FDA) had expanded over-the-counter indications for its flagship product, Microcyn wound cleanser. Details On Tuesday, Sonoma stock gained 23.5% to $5.20 per share on the Nasdaq. It is up…
Shares of Zedge, which owns an emoji encyclopedia and makes ringtones and wallpapers for mobile phones, rose over 5% on Monday, September 16, buoyed by the announcement of a new share repurchase program for up to $5 million. Details On Monday, Zedge stock added 5.35% to $3.15 per share on…
The micro-cap company Sonendo, which makes dental cleaning systems, has lost 65% of its value over four days despite an absence of news. Its market capitalization now stands at $1.34 million. The main short-term challenge for the company is securing new financing, analysts say. Details Sonendo stock has dropped more…
As of Sept. 1, the YE’S Astana apartment hotel in Kazakhstan’s capital has been rebranded as TÖR’RE Astana, signaling the developer’s decision to reclaim control of the high-demand rental space. In Almaty, developers and investors are also showing rising interest in rental housing with kitchens. Over the next year, at…
On Friday, September 13, quotes on Heart Test Laboratories (doing business as HeartSciences), which is developing AI-powered technology for early detection of heart disease, surged almost 9% on the Nasdaq. This came after the company announced that it had secured $1.9 million in non-dilutive financing to extend its cash runway…
Shares of Tenon Medical, a micro-cap company that makes implants for sacroiliac joint fusion, surged over 71% on Friday, September 13. This came off a gain of 44% a day earlier. The trigger was the announcement of plans to launch a new, more compact implant, while the company has also…
This quarter, the small-cap-tracking Russell 2000 index has outperformed the S&P 500, which measures the performance of the largest publicly traded companies in the U.S. This comes amid rising market expectations for Fed rate cuts. Since last summer, interest rates have been at their highest level in 22 years, notes…
On Wednesday, September 11, quotes on Gatekeeper Systems, a Canada-based solutions provider for public transportation and smart cities, surged about 20% in Toronto and New York. The trigger was preliminary financial results for the fiscal-2024 fourth quarter and full year (ended August 31), which showed record revenue. Details On Wednesday,…
Shares of telecom company AST SpaceMobile, which aims to compete with Elon Musk‘s SpaceX, have skyrocketed over 1,300% since April, when they hit an all-time low. The growth makes AST SpaceMobile the top-performing stock in the small-cap Russell 2000 index over the last six months, Bloomberg reports. The latest gains…
Zacks Small-Cap Research has released a report on Tonix Pharmaceuticals, which is developing a monkeypox vaccine, valuing the stock at $4 per share, nearly 26 times the last closing price. The company’s current market capitalization is around $3.3 million. Details The fair value of a Tonix share is $4, estimates…
Small-cap stocks may be poised for a big rally in the next 6-12 months, according to Sean Gallagher, who oversees investments in the asset class at Lazard. He estimates that the Russell 2000 index could gain as much as 30-50% amid Fed rate cuts. Details Sean Gallagher, the global head…
Canada’s Lexaria Bioscience, with a market capitalization of just over $50 million on the Nasdaq, is in the business of transforming the delivery of other companies’ drugs. After years of trying to find its niche, the company now intends to make globally best-selling injectable diabetes and obesity drugs from Novo…
Shares of Terns Pharmaceuticals, a biotech company with a market capitalization of $641.8 million, surged nearly 17% on Monday, September 9. The trigger was clinical trial results showing that more than half of the patients using the highest dose of the company’s oral weight-loss drug lost 5% of their body…
Quotes on Mama’s Creations, a maker of pre-prepared foods with a market capitalization of $298.1 million, rose 4.6% on Monday, September 9. Earlier in the day, the company announced that Skip Tappan, a manager with experience at Walmart, Procter & Gamble, and Campbell Soup, would be taking over as COO.…
The global shift toward digitalization is creating opportunities across various markets as companies integrate AI, machine learning, and blockchain technologies. Zacks has fingered three stocks that could benefit from the rapid growth in what it calls the technology services market: the small caps Byrna Technologies and Climb Global Solutions, as…
SatixFy, an Israeli company with a market capitalization of $60.4 million that develops satellite communication systems, has reported that its net loss more than halved year over year in the first half of 2024. Revenue rose 7% as the company shifted from development and preproduction to product sales. Quotes on…
On Thursday, September 5, quotes on late-stage pharmaceutical company Citius Oncology added more than 8%. The company announced that its only approved drug so far, LYMPHIR, made to treat lymphoma, had been added to clinical practice guidelines in oncology, which makes it easier for doctors to prescribe and for insurers…
The U.S. company PSQ Holdings, also known as PublicSquare, brands itself as a marketplace for family-oriented, patriotic and politically conservative Americans. Three years ago, it was just an idea, a few lines of code, and seven employees. “We will become the new Amazon,” proclaims its founder, Michael Seifert. While the…
On Wednesday, September 4, display manufacturer Daktronics saw its stock drop more than 9% after releasing previous-quarter financials. Sales fell 2.8% year over year, while earnings per share missed analysts’ expectations. Details On Wednesday, Daktronics stock lost 9.11% to $12.37 per share, the decline continuing in pre-market trading on Thursday.…
On Wednesday, September 4, quotes on Athira Pharma, a small developer of therapies for neuronal health, plummeted 78% after the company reported that its Alzheimer’s treatment had not been found significantly more effective than placebo in a 26-week clinical trial. Despite this setback, Athira intends to continue working on the…
Canada’s KITS Eyecare, a retailer of eyewear and contact lenses, has upgraded its revenue guidance for the third quarter of 2024 just a month after announcing the previous estimate. Analysts have taken note and raised their target prices for the stock. Details KITS Eyecare has announced that it sees upside…
Shares of less-lethal weapons manufacturer Byrna Technologies have surged more than 20% today, Wednesday, September 4. The trigger was preliminary third-quarter earnings, with revenue nearly tripling. Details At the start of trading on Wednesday, Byrna Technologies stock jumped 20.4% to $12.94 per share, the highest mark since May. For the…
The city of Stockholm has proposed revoking the Swedish sales permit for traditional snus from a Haypp Group subsidiary, the company reported. Snus in Sweden accounts for a fifth of total sales. Today, Wednesday, September 4, Haypp shares opened lower on the Nasdaq First North Growth Market for smaller European…
