Here is a look at three stocks that investors could consider taking a look into amidst the busy trading day. These are stocks which may require a fair degree of attention due to the current circumstances.
Penny stock investors should take a look at
Marketing Worldwide Corp. (OTCMKTS:MWWC) put out a very exciting tweet last week. The company announced a major news push over the next month starting this week. MWWC is developing a crypto-mining platform called ‘Minosis’, the platform allows miners from novice to expert the ability to mine six different coins. The upcoming news event could be major catalysts for the stock. Make sure you are ready. Do your research on MWWC today.
Sundial Growers (NASDAQ:SNDL): The first one that ought to be looked into at this point is that of the cannabis company Sundial Growers. The company has proven to be a significant disappointment for investors in a big way for as long as it has been listed. In the past two years since it was listed, the stock has continued to decline at a fairly steady pace. Perhaps it is more telling that the news with regards to the company has continued to be negative in recent times and that is another reason why investors might choose to stay away.
Mullen Automotive Inc (NASDAQ:MULN): The next one to possibly look into is that of Mullen Automotive Inc, which is involved in the production and marketing of electric vehicles. However, in this regard, it is also necessary to point out that the company also operates the digital platform CarHub, which is powered by artificial intelligence and offers a plethora of services. The services including the tasks of buying and selling cars as well as battery tech solutions among others. It is a stock that you could keep in your watch lists at this point.
Cinedigm Corp (NASDAQ:CIDM) stock was in correction mode as the stock had been moving higher in the past week. The stock closed lower by 10% on Wednesday. Nevertheless, the stock is still up 31% in the past week. Earlier this week, the stock said that consolidated revenues were $14.1 million in the third quarter, up 42% year-over-year. Net loss during the quarter came in at $0.5 million, or nil – $0.00 per share, an improvement of $9.2 million versus a net loss of $9.7 million, or $(0.07) per share, in the prior year quarter. Analysts were projecting the company to report revenue of $11.93 million.
Meta Materials Inc (NASDAQ:MMAT) has been seeing a bit of volatility recently after taking a hit in the second half of the last year. Recently, the company announced it has joined the Laser Scanning for Augmented Reality (LaSAR) Alliance, a member program of the Institute of Electrical and Electronics Engineers Industry Standards and Technology Organization. IEEE is the world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity.
Progenity Inc (NASDAQ:PROG): Last but certainly not least, it is the Progenity Inc stock which could be added to the watch lists by investors at this point. The oral Biotherapeutics company was actually in the news on Wednesday after it revealed a presentation that had been made at the 34th Belgian Week of Gastroenterology by Dr Bram Verstockt back on February 9 this year. It was an important update and one that could have an effect on the stock.
