There are some stocks that have been in focus in a big way in recent days and it could well be the right time for investors to consider taking a greater interest in these.
Some of these stocks have managed to attract attention due to the sudden shift in the regulatory environment in their industries and have recorded significant gains as well. This article gives you a glimpse into the stocks that have been making waves in recent days and why you could do well to add them to your watch lists.
Kaival Brands Innovations Group Inc (NASDAQ:KAVL) – Best known for being the worldwide distributor of the products that are developed by BidiVapor LLC such as BIDI® Stick. The electronic cigarette (e-cigarette) products which are meant for adults who are 21 years old or older.
Announced in February 2022, that the United States Court of Appeals for the Eleventh Circuit had placed a stay order allowing Kaival Brands to continue marketing their 11 BidiVapor products, including BIDI® Stick a cutting edge, highly potent, disposable vape smoking experience.
The order had been issued back in September last year by the United States Food and Drug Administration. It was a major new development for Kaival Brands and came as a source of considerable optimism for investors at the same time. Meanwhile, there have been other positive developments as well with regards to the company, and not too long ago, the stock had also recorded considerable gains.
JUUL Labs Inc. was regarded as one of the biggest players in the fast-growing e-cigarette and vaping industry. However, last week, the company suffered a massive blow when on June 23, the U.S. Food and Drug Administration issued marketing denial orders to JUUL Labs Inc. for all of their products currently including but not limited to “The JUUL Device” be taken off the market.
Immunoprecise Antibodies Ltd (CVE:IPA) (NASDAQ:IPA) is another stock that may be looked into with 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.
Safe-T Group Ltd (NASDAQ:SFET) – Last but not least is the cybersecurity form Safe-T Group Ltd which could be watched a bit closer by investors at this point.
There has been no recent news about the company but back on June 6, it highlighted the newest online security threats that could affect people from the Consumer Online Scam Report prepared by CyberKick Ltd. CyberKick is Safe-T Group’s consumer focussed privacy and cybersecurity unit.
Pressure BioSciences (OTCMKTS:PBIO) –Developing pressure-based instruments that can be deployed across a range of industries. The company is currently working on bringing its Ultra Shear Technology platform to the market as Ohio State University merits the technology.
