Now that the markets are going to reopen today, it may be time for investors to take a look at the stocks that had made notable moves back on Friday. That way, they will get a better idea about the stocks that may come into action today and hence, be better prepared for the possibility of any kind of rally. This article is going to give you a glimpse into four stocks that managed to go on strong rallies this past Friday.
Kaival Brands Innovations Group Inc (NASDAQ:KAVL) – Kaival Brands Innovations Group Inc may not have been in the news for quite some time but that did not stop its stock from going on a rally on Friday. The stock was in the middle of a strong rally this past Friday and ended the day with gains of as much as 18.85% as investors piled on to it in a big way.
One of the major developments for the company had come about back on February 18 this year, when it emerged that Kaival Brands Innovations Group had received a key notification from The Nasdaq Stock Market LLC. In the notification, it was mentioned that the Kaival Brands stock had managed to become compliant again as per the minimum bid price requirement rules of the exchange.
General Enterprise Ventures Inc (OTCMKTS:GEVI) – Another company that saw its stock make a strong move last Friday was General Enterprise Ventures Inc. The stock attracted considerable attention and ended the day with gains of as much as 5.55%. That being said, there was no specific news about General Enterprise Ventures on Friday.
The last time the company was in the news was back on April 21 this year when it provided an update with regards to some of the highlights of the milestones that it had hit from the fourth quarter of last year up until the first quarter of 2022.
Clifton Mining Co (OTCMKTS:CFTN) was in special focus as the stock went up as much as 14.30%.
Clifton Mining Company, a natural resource company, acquires, explores for, and develops mineral properties. The company focuses on silver, gold, and lead production on its joint venture property located on the Utah-Nevada border. As of December 31, 2021, its mining claims included 82 patented claims; 402 unpatented lode claims comprising 32 placer claims; and 6 state mineral leases covering approximately 14,027 acres located in the Gold Hill/Clifton mining district, Tooele County, Northwest Utah area. The company was incorporated in 1993 and is based in American Fork, Utah.
Houston Natural Resources Corp (OTCMKTS:HNRC) – Houston Natural Resources Corp had in fact been in the news last week on May 26 when it provided an update with regards to its plans for investments in Special Purpose Acquisition Corporations. The company noted that it had made plans to invest in another SPAC offering worth as much as $100 million and submitted an S-1 registration statement. As it happens, the stock had also rallied on Friday and had managed to clock gains of as much as 6.23% as a consequence.
Mass Megawatts Wind Power Inc (OTCMKTS:MMMW) – If you are interested in the renewable energy sector then Mass Megawatts Wind Power Inc is a company that you could consider tracking. The stock had come into focus this past Friday and had managed to clock gains of as much as 8.83% amidst heavy interest. Last week the company had announced that it had become a fully reporting company to the United States Securities and Exchange Commission. That was a significant development since it would need to file reports periodically and hence, would provide higher transparency to shareholders.
