Ahead of the beginning of another trading day, it is important for investors to take a look into some of the stocks which may come into focus in the market. Being prepared is perhaps one of the more important aspects of consistent success in the markets and hence, it is important to take a look at those stocks. However, at the same time, it is also true that one needs to be selective when looking into such stocks ahead of the beginning of the day. This article gives you a glimpse into four stocks that you may consider tracking this morning.
Kaival Brands Innovations Group Inc (NASDAQ:KAVL) – The Kaival Brands Innovations Group Inc stock had been one of the major movers yesterday after it rallied by as much as 33% amidst heavy interest. However, it seems that investors have not had enough and this morning the stock is up again by as much as 57% in the post-market trading period.
The rally has been triggered by an announcement from the company late on in the day on Monday. The company announced that it had agreed on a deal with Philip Morris Products, a subsidiary of Philip Morris International, for the distribution and development of an electronic nicotine delivery system. The distribution is going to take place in the markets outside the United States. It was a major deal for the company and the market recognized its significance as well.
Pressure BioSciences Inc (OTCMKTS:PBIO) – Another company that you could consider tracking today is Pressure BioSciences Inc. While it is true that there has been no news at all about the company in recent days, it should be noted that it remains an innovative company, which produced pressure-based instruments which could be deployed across several industries.
However, it had been in focus back on June 1, when its Chief Executive Officer Richard T Schumacher went to The Stock Day Podcast and had a chat with the host Sever Copley. During the course of the chat, Schumacher provided an overview of the company and what it actually does. Such popular podcasts often help companies in reaching a higher pool of investors who may not be aware of them. It will be interesting to see the price action in the stock today.
Therma Bright Inc (OTCMKTS:TBRIF) (THRM.V) – The next one to make the list is Therma Bright Inc, which had been in focus last week when it made a major new announcement.
The Chief Executive Officer of the company Rob Fia announced that Therma Bright had provided the follow-up data and additional information to the United States Food and Drug Administration in relation to its Emergence Use Authorization application for its AcuVid COVID-19 Rapid Antigen Saliva Test. It was a major new announcement and one that may have come as a source of optimism for investors as well. It was also noted that the management team at Therma Bright and personnel from the product development team had also been in meetings with the FDA in order to clarify certain things.
Immunoprecise Antibodies Ltd (CVE:IPA) (NASDAQ:IPA) – Last but certainly not least, it is IPA that may be looked into a bit more interest by investors at this point in time. There has been no news about the company for quite some time but back on May 9, the company had made a major announcement with regards to its Belgian multi-omics analysis platform provider subsidiary Biostrand.
It was announced that Biostrand had won a grant to the tune of as much as 460,000 Euros from the research fund of the local Flemish government in Belgium named VLAIO.
The Med-Tech Reporter shows a list of companies in this stock classification. See More companies now… The Street Med Tech Reporter®