The U.S. SEC has initiated and settled legal proceedings against Howard Jonas, the founder of communications and payments fintech company IDT Corporation. Jonas is said to have failed to promptly disclose his stock holdings in four companies, including IDT. Details On September 25, the SEC filed an administrative case against…
Wells Fargo analysts believe that the tight U.S. presidential race, combined with favorable economic conditions, presents an attractive opportunity for a near-term small-cap trade. They expect a 5-10% outperformance by small caps versus the market if Trump wins. Details Small caps could outperform the main U.S. market index, the S&P…
What segments of the real estate market in Kazakhstan and Uzbekistan have attracted foreign investors? And what yield are they hoping to obtain? «If you have several million dollars, you have the chance to make a deal with a developer and buy an entire floor with ten apartments in an…
Quotes on Gryphon Digital Mining, a company with a market capitalization of $29.5 million that brands itself as a carbon-neutral Bitcoin miner, surged more than 19% on Friday, September 27. This came on the news that its CFO, who had been “instrumental in taking it public,” had decided to continue…
Achieve Life Sciences, a company with a market capitalization of about $164 million developing the world’s first treatment for vaping addiction, has announced it may sell up to $50 million in stock. The market price fell almost 4% in after-hours trading on Friday, September 27, reversing strong gains during the…
As more consumers prefer buying ready-to-eat meals, Mordor Intelligence expects this market to reach $402.9 billion in 2024 and $512.7 million by 2029. It is in this segment that a small company called Mama’s Creations is building its business. Having started out selling dishes based on recipes of its cofounder’s…
Stockholm city officials have revoked the sales permit for traditional snus of a Haypp Group subsidiary, thus affecting a fifth of the company’s total sales. Following the news, Haypp shares on the Nasdaq First North Growth Market, a platform for smaller European companies, plunged 7%. Details The Licensing Committee of…
Shares of Lightwave Logic, a company developing data transmission solutions, surged more than 6% on Tuesday, September 24. This came after the company announced a partnership with Swiss-based Polariton Technologies to create a compact, ultra-high bandwidth device for data centers, which require advanced solutions to support AI and machine learning…
Common shares of LifeMD, a telehealth company offering virtual primary and specialized care, fell almost 3% in after-hours trading on Tuesday, September 24. This drop followed the announcement that the company will pay dividends to holders of its cumulative preferred shares, which are entitled to previously missed dividends before other…
As the Magnificent Seven stocks benefit from the AI boom, shares of smaller companies are volatile, which makes them more attractive for long-term investors, argues Joe Hintz, a portfolio manager at the Royce Small-Cap Total Return Fund (which primarily invests in small-cap stocks that pay dividends). In a blog post,…
Quotes on hearing implant developer Envoy Medical jumped more than 6% on Monday, September 23. The updated AirPods Pro 2, which can double as hearing aids, could be a positive development for Envoy as they could potentially work in concert with the company’s fully implanted devices, said Glen Taylor, a…
The little-known German company SÜSS Microtec holds more than half of the market for a critical technology used in Nvidia chip production, Jefferies stated on Monday, September 23. Last week, the investment bank referred to the company as the “Nvidia of Europe” and suggested that its shares could rise another…
Freedom Broker has highlighted six small caps that investors should consider, with upside reaching 400%. Meanwhile, they caution that portfolios should be diversified to minimize risks. Acme United Corporation Acme United Corporation, with a market capitalization of $155.6 million, supplies cutting, measuring, and first aid products worldwide, including knives, scissors,…
Small-cap stocks, on average, outperform their large-cap peers after a 50-basis-point rate cut by the Fed, according to Bank of America (BofA). Last week, the Fed lowered the fed funds rate for the first time since 2020. Details History suggests that small caps, on average, return a percentage point more…
On Thursday, September 19, Sidus Space, a space-as-a-service company, saw its stock rise about 5% after announcing a new partnership with Portugal’s Neuraspace, which is to supply Sidus Space with real-time space traffic tracking. Details On Thursday, Sidus Space stock climbed 4.7% to $2.66 per share on the Nasdaq. Before…
Kaspi.kz, a Kazakhstani fintech company, has denied accusations made by Culper Research, a firm specializing in «full disclosures» to profit through short selling. The company described the report as inaccurate, misleading and misrepresenting its business. Kaspi.kz published its official response to Culper’s report on its website. The company believes that…
Soleno Therapeutics, which develops drugs to treat rare genetic diseases, has seen its stock surge over 1,200% in the last year. In August, one of its drugs received Priority Review designation from the U.S. Food and Drug Administration (FDA). The medication is a pill designed to treat Prader-Willi syndrome, a…
CNS Pharmaceuticals, a maker of drugs to treat brain cancer, has received a notice of noncompliance with listing standards from Nasdaq, with delisting a possibility. In after-hours trading on Wednesday, September 18, the stock retreated more than 3%, followed by a similar decline at the open this morning, Thursday, September…
The U.S. Fed has lowered the federal funds rate for the first time since the start of the pandemic, cutting by 0.5 percentage points. Investors had been anticipating a rate cut for several months now: starting in July, they have been rotating into small-cap stocks, which are expected to be…
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…
