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Economy
June 28, 2024

Shares of rapid drug test manufacturer rise after securing new contracts

Maria Dranishnikova

Maria Dranishnikova

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…

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June 28, 2024

Brain cancer treatment developer shares hit new low

Maria Dranishnikova

Maria Dranishnikova

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…

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June 27, 2024

Brain cancer treatment developer shares hit record low

Maria Dranishnikova

Maria Dranishnikova

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…

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June 27, 2024

Display manufacturer Daktronics shares soar after strong financial report

Maria Dranishnikova

Maria Dranishnikova

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…

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June 26, 2024

Contango ORE shares rise after news of first gold bars from Alaska mine

Maria Dranishnikova

Maria Dranishnikova

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…

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June 26, 2024

How a weapons manufacturer gained support from Fox News, podcasters, and investors

Maria Dranishnikova

Maria Dranishnikova

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…

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June 26, 2024

Sidus Space stock soars following news of joint venture in the Middle East

Maria Dranishnikova

Maria Dranishnikova

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,…

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June 25, 2024

Forbes author highlights four Russell 2000 stocks worth investor attention

Maria Dranishnikova

Maria Dranishnikova

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…

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June 25, 2024

Simply Wall St advises to be cautious with investing in Gilat Satellite Networks

Maria Dranishnikova

Maria Dranishnikova

Long-term shareholders of Gilat Satellite Networks, a provider of satellite-based broadband communications, have had some bad luck: the company’s stock prices have fallen in recent years and continue to decline, write analysts at Simply Wall St. Although even good stocks depreciate at times, they believe that it is necessary to…

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June 24, 2024

Analysts expect entertainment platform LiveOne to breakeven soon

Maria Dranishnikova

Maria Dranishnikova

Entertainment platform LiveOne, with a market capitalization of $151.5 million, has been sustaining losses in the past fiscal year, as reported by Simply Wall St after reviewing the opinions of industry analysts. They forecast that the company will achieve its first profit in the fiscal year 2026, which begins on…

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June 24, 2024

Possible additional share issue displeases investors of ready-meal producer DayDayCook

Maria Dranishnikova

Maria Dranishnikova

The stock prices of ready-meal producer DayDayCook (DDC) fell by almost 5% in after-hours trading on Friday, June 21, and continued to decline in pre-market trading on Monday. The company informed the U.S. Securities and Exchange Commission about a possible private placement in favor of creditors and new investors.  Details…

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June 21, 2024

Zacks names AI beauty solutions developer’s stock undervalued

Maria Dranishnikova

Maria Dranishnikova

Analysts at Zacks Small-Cap Research have labeled the stock of Perfect Corp, a developer of AI-based beauty solutions, as undervalued. According to them, the company’s shares should be priced at a minimum of $2.86, which represents a 55% growth potential from the closing price on June 20. Details Perfect Corp’s…

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June 21, 2024

Stock prices of ready-meal producer DayDayCook surge after new appointment

Maria Dranishnikova

Maria Dranishnikova

Shares of the ready-meal producer DayDayCook (DDC) surged by nearly 8.5% on Thursday following the announcement of Malik Sadiq’s appointment as Chief Operating Officer. Sadiq brings 15 years of experience from American meat producer Tyson Foods to his new role. Details DDC’s stock prices have been rising for two consecutive…

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June 20, 2024

KITS Eyecare stock rises after new product launch

Maria Dranishnikova

Maria Dranishnikova

The stock of Canadian eyewear and lens retailer KITS Eyecare rose by more than 6% on the Toronto Stock Exchange. The company announced the launch of a new line of daily contact lenses under its own brand. Details KITS Eyecare shares increased by 6.11% on the Toronto Stock Exchange on…

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June 20, 2024

Fintech company DeFi Technologies attributes stock plunge to market manipulation

Maria Dranishnikova

Maria Dranishnikova

Fintech company DeFi Technologies has raised concerns about potential market manipulation following the release of a report that caused its stock prices to plummet. The report, published earlier this week, claimed that DeFi Technologies’ stock price increases were solely due to marketing efforts. Following its publication, the company lost nearly…

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June 19, 2024

Shares of diamond supplier to Tiffany & Co. plummet by 15%

Maria Dranishnikova

Maria Dranishnikova

Shares of diamond mining company Diamcor Mining fell sharply on Tuesday, June 18, on the Canadian exchange and in over-the-counter trading in New York, continuing to decline on June 19 in Frankfurt. The company announced it had extended the closing of the second tranche of its private placement, from which…

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June 19, 2024

How BioSig tried to conquer the cardio tech market and got delisted from Nasdaq

Maria Dranishnikova

Maria Dranishnikova

June 11, 2024, is a date that BioSig Technologies shareholders, a developer of heart signal interpretation technology, will long remember. Nasdaq announced that it would delist its shares from the main listing effective June 12. Following this announcement, the company’s market capitalization plummeted by 70% in just a few hours.…

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June 18, 2024

Analysts see warning sign in insider trades of construction firm IES Holdings

Maria Dranishnikova

Maria Dranishnikova

Over the past year, insiders of IES Holdings, a designer and installer of integrated systems,  sold more than $150 million worth of company shares and did not purchase any, according to analysts at Simply Wall St. They warn that this could be a red flag. IES Holdings’ stock has been…

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June 18, 2024

Sonoma Pharmaceuticals shares rise following annual report release

Maria Dranishnikova

Maria Dranishnikova

Shares of Sonoma Pharmaceuticals, a manufacturer of products for humans and animals, rose nearly 20% in after-hours trading on June 17. The company published its annual report for the fiscal year ending March 31, 2024, just before the close of trading. Details During regular trading on Nasdaq on Monday, June…

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June 17, 2024

Shares of brain cancer therapy developer surge by 22%

Maria Dranishnikova

Maria Dranishnikova

Shares of CNS Pharmaceuticals, a developer of treatments for brain cancer, surged more than 22% at the opening of trading on Monday. This follows a roughly 23% drop on Friday, June 14, when the company announced an agreement with private investors to sell $1.37 million worth of shares. Details On…

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June 17, 2024

Real estate broker La Rosa’s shares soar after cancellation of additional stock issue

Maria Dranishnikova

Maria Dranishnikova

Shares of La Rosa Holdings, which offers brokerage and related services in the real estate sector, soared by more than 75%. The company decided to cancel its additional stock issue, which aimed to sell up to 19% of its increased authorized capital. Details La Rosa’s shares surged by 75.9% to…

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June 14, 2024

Developer of alopecia treatment sees stock surge on news of inclusion in Russell Microcap

Maria Dranishnikova

Maria Dranishnikova

Shares of Equillium, a pharmaceutical company valued at $27.7 million, surged over 10% on Thursday, June 13, following the announcement of its upcoming inclusion in the Russell Microcap Index starting July 1. Details On Thursday, Equillium’s stock price increased by 10.5% on the Nasdaq, closing at $0.79 per share. However,…

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June 14, 2024

“Capital provider” for cannabis producers rises after dividend announcement

Maria Dranishnikova

Maria Dranishnikova

Shares of NewLake Capital Partners, a real estate firm specializing in properties for licensed cannabis producers, rose by 2% on Thursday, June 13. The company announced that it would pay a dividend of $0.43 per share for the second quarter of 2024. Details NewLake Capital Partners’ stock price increased by…

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June 13, 2024

Shares of drug test manufacturer rise after new contract announcement

Maria Dranishnikova

Maria Dranishnikova

Shares of Intelligent Bio Solutions, whose technology enables drug testing through fingerprints, rose more than 13% on Wednesday, June 12. The company announced a new contract with a European provider of transportation and infrastructure solutions. Details Intelligent Bio Solutions (INBS) shares on Nasdaq rose by over 13% on Wednesday, June…

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Latest news
June 26, 2025

From microfinance to major moves: BNK sets its banking agenda in Kazakhstan

kazatomprom.kz, бильд-редактор: Милош Муратовский
June 25, 2025

US security probe into foreign uranium sparks response from top producer Kazatomprom

June 25, 2025

South Korean financiers obtain banking license in Kazakhstan

tengizchevroil.com, бильд-редактор: Милош Муратовский
June 24, 2025

Tengiz oil production forecast gets a boost

June 23, 2025

Pros and cons: Differing views emerge on the AIFC’s future in Kazakhstan

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