Shares of Israeli satellite communications systems maker SatixFy Communications, which has a market capitalization of $78 million on the New York Stock Exchange (NYSE), soared more than 17% on Monday, November 4, after the company announced a $49 million contract with Telesat, one of the world’s leading satellite operators. Details…
Shares of Hong Kong-based ready meal maker DayDayCook (DDC), with a market capitalization on the New York Stock Exchange (NYSE) barely exceeding $4.5 million, slid over 8% on Friday, November 1. This came after an announced shareholder meeting to vote on a reverse stock split and an increase in the…
Shares of the satellite company Globalstar shot up more than 30% on Friday, November 1, following the company’s announcement of an expanded agreement with iPhone maker Apple. Barron’s reports that the new deal could double Globalstar’s revenue. Details On Friday, Globalstar stock added 31.4% on the New York Stock Exchange…
The U.S. presidential election will take place on Nov. 5, with a tight race between the Democratic candidate Kamala Harris and the Republican former president Donald Trump. The election outcome will influence many global processes, including the economy. For Kazakhstan, one critical factor is the global price of oil, which…
Equillium, a biotech company developing treatments for severe autoimmune diseases, saw its stock price plummet almost 38% on Thursday, October 31. The sharp drop followed news that Japan’s Ono Pharmaceutical had opted not to exercise its option to purchase rights to Equillium’s experimental drug for organ transplant rejection. In early…
The population of the U.S. is aging at an unprecedented rate. By 2035, there will be more people over 65 than children in the U.S., driving healthcare costs up and posing new economic challenges. Both U.S. presidential candidates, Democrat Kamala Harris and Republican Donald Trump, have proposed measures related to…
The diamond miner Diamcor Mining has announced a term-loan financing to accelerate growth in diamond processing at its primary project, the Krone-Endora mine in South Africa. The company believes the short-term issues that depressed demand and prices throughout the rough diamond sector in 2024 are showing signs of improvement, and…
Shares of ProMIS Neurosciences, which makes drugs for Alzheimer’s disease and amyotrophic lateral sclerosis (ALS), gained more than 5% on Wednesday, October 30. This came after the company released positive data from the earliest stage of clinical trials for its Alzheimer’s treatment. Currently, only two treatments are FDA-approved for Alzheimer’s:…
The Motley Fool has highlighted three small-cap stocks that could “trounce” the S&P 500 over the next five years. Each of the companies offers major growth potential and could deliver substantial returns. However, the Motley Fool cautions, they may not be suitable for every investor. The Honest Company The Honest…
Shares of MAIA Biotechnology, a company with a market capitalization of $65 million that develops therapies for cancer, surged more than 8% on Tuesday, October 29, following the announcement of a private placement, which included certain insiders and is expected to raise $2.44 million. Details On Tuesday, MAIA stock gained…
Quotes on Gryphon Digital Mining, which brands itself as a carbon-neutral Bitcoin miner, soared over 16% on Monday, October 28, following the company’s announcement of a debt restructuring agreement with the crypto bank Anchorage Digital to convert about two thirds of its debt into equity, with the remaining third payable…
Quotes on PSQ Holdings, which brands itself as a marketplace for family-oriented Americans, jumped over 7% on Monday, October 28. This came after the company announced a raft of updates, including its payments platform launch, a $5.35 million private investment, staff cuts, and plans for achieving profitability in the near…
The Motley Fool has highlighted two small-cap stocks, SoundHound AI and Archer Aviation, with “far more” upside than the so-called Magnificent Seven. Over the last five years, these tech giants have delivered at least triple-digit returns to investors. However, Wall Street’s current expectations for them are more modest: Of the…
Royce Premier Fund, managed by Royce Investment Partners (founded by Wall Street legend Chuck Royce), has revealed which holdings contributed and detracted the most from the portfolio’s third-quarter performance. The mutual fund invests in small caps with low debt and stable cash flows. Overall, the third quarter, according to co-lead…
Shares of low-cost carrier Spirit Airlines jumped about 12% in premarket trading today, Friday, October 25, following the company’s announcement of a planned sale of part of its fleet for approximately $519 million and forthcoming layoffs. Details Spirit stock gained 12% before the opening bell on Friday to $2.70 per…
ImmunityBio, a biotech company developing novel cancer treatments, has been valued at $30 per share in a coverage initiation report by EF Hutton, an investment bank. Recall that EF Hutton was known as one of the top banks for SPAC deals, including Donald Trump‘s Trump Media & Technology Group. The…
The journey of Achieve Life Sciences, a small pharmaceutical company, is a case study in persistence. Over its 33-year history, it has faced multiple clinical trial setbacks, launched just a single product (with limited commercial success), and shifted its focus and branding more than once. Today, Achieve is developing the…
Shares of the biopharmaceutical company Viking Therapeutics surged 21% on Thursday, October 24. The gains were attributable to released financial results for the third quarter, which showed that the company had sufficient financial resources to continue clinical trials for its promising weight-loss pill. If they are successful, Viking could eventually…
Today, Thursday, October 24, quotes on Magnite, an online advertising company, have advanced after it announced a two-year extension and expansion of its contract with Disney. In particular, the renewed agreement allows Disney to monetize college football games on live streams by leveraging Magnite’s technology. Details Magnite shares are up…
Shares of La Rosa Holdings, a real estate brokerage and services company, skyrocketed over 130% on Wednesday, October 23. This followed the company’s announcement of a 120% year-over-year spike in preliminary revenue for the first nine months of 2024 and guidance for a profitable 2025. Details La Rosa Holdings stock…
Shares of low-cost carrier Spirit Airlines jumped more than 18% in premarket trading today, Wednesday, October 23. Earlier in the day, the Wall Street Journal reported that the company had revived merger discussions with Frontier Airlines. This is not Spirit’s first attempt to strike a deal with a competitor —…
Shares of BioSig Technologies, a medical technology company focused on deciphering the body’s electrical signals, particularly heart rhythms, surged 34% in over-the-counter (OTC) trading on Tuesday, October 22. The rally followed the company’s announcement that starting today, Wednesday, October 23, its shares would resume trading on the main Nasdaq exchange,…
Quotes on iRhythm Technologies, which makes heart monitors, surged more than 20% in premarket trading today, Tuesday, October 22, following an announcement that the U.S. Food and Drug Administration (FDA) had approved design changes for its Zio AT monitor. Scrutiny from the regulator and the U.S. Department of Justice dating…
Shares of Playboy Group (officially PLBY Group) surged over 15% on Monday, October 21, after news broke that Cooper Hefner, the youngest son of Playboy founder Hugh Hefner, is offering $100 million for the brand, as reported by the Wall Street Journal. The current market capitalization of PLBY Group stands…
