Infinity Pharmaceuticals Inc (NASDAQ:INFI) Announces Q2 Results: Stock Jumps a Bit

August 17, 2021

Clinical stage biotech firm Infinity Pharmaceuticals Inc (NASDAQ:INFI) has been on the sights of investors over the course of the past week and during that period, the company’s stock has managed to clock gains of as much as 7%. However, at the same time, investors need to also remember that there has been no news about the company in the past week and the rally could also be speculative in…

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22nd Century Group Inc (NASDAQ:XXII) Stock Falls: Slumps 35% in 2 Months

August 17, 2021

The week did not start off on the right note for the 22nd Century Group Inc (NASDAQ:XXII) stock as the stock suffered from a selloff yesterday and ended the day with a drop of as much as 11%. While the decline in the stock was substantial, it is also important to note that there was no news about the company yesterday that might have led to the decline. As it…

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OPKO Health Inc. (NASDAQ:OPK) Stock Reports Earnings: Stock Moves in a Range

August 17, 2021

OPKO Health Inc. (NASDAQ:OPK) is moving in a range. The company reported its financial results and business update for the quarter ended June 30, 2021. OPK indicated that test volume at BioReference laboratories was up 325 relative to Q2 2020. During the quarter, the company processed around 2.8 million COVID-19 PCR tests, and currently, it has a daily processing capacity of over 100,000 PCR tests. Equally, in Q2, BRL conducted…

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Boxlight Corporation (NASDAQ:BOXL) Reports Quarterly Earnings: Stock Jumps

August 17, 2021

Interactive technology solutions provider Boxlight Corporation (NASDAQ:BOXL) has been on the radars of investors over the course of the past week and during that period, the company’s stock has managed to clock gains of as much as 15%. That being said, it appears that the most important trigger for the rally in the stock came about last Friday when the company announced its financial results for the fiscal quarter that…

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Sundial Growers Inc (NASDAQ:SNDL) Stock Takes a Hit: What’s The Buzz?

August 16, 2021

At this point in time, Sundial Growers Inc (NASDAQ:SNDL) is one of the more keenly followed stocks in the cannabis sector. This past Friday the company announced its financial results after the closure of markets and the numbers did not seem to impress the investors much. The stock suffered from a selloff and ended the day with a decline of as much as 9%. In this regard, it should be…

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Is Naked Brands Group (NASDAQ:NAKD) Stock a Buy Or Sell After The Recent Move?

August 16, 2021

Earlier on in the year, intimate apparel company Naked Brands Group (NASDAQ:NAKD) had emerged as one of the targets of retail traders from Reddit and the stock had made remarkable gains on the back of such action. However, at the same time, it should also be noted that most of the meme stocks are also beset with risks and it is no different when it comes to the Naked Brands…

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Acasti Pharma Inc (NASDAQ:ACST) Stock Falls After Earnings: Will The Trend Continue?

August 16, 2021

Acasti Pharma Inc (NASDAQ:ACST) fell 4.5% last week after announcing its fiscal Q1 2022 financial results for the period ended June 30, 2021, and provided a business update. The company posted a loss of $3.1 million or $0.01 on a per-share basis, a decrease from a net loss of $4.7 million or $0.05 per share a year ago. The net loss reduction resulted from reduced R&D expenses following the completion…

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CytoDyn Inc (OTCMKTS:CYDY) Stock Attempts To Bounce Back: Will it Sustain?

August 16, 2021

The presence of activist investors in a company can often lead to a fair degree of uncertainty for investors but last week the CytoDyn Inc (OTCMKTS:CYDY) stock actually performed strongly. There was no news about the biopharmaceutical company last week but the stock performed strongly. On Friday, it jumped by 5% and ended the week with gains of as much as 12.50%. In this situation, it might be a good…

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Viper Networks (OTCMKTS:VPER) Stock Rockets Over 43%: What’s The News?

August 14, 2021

International leader in LED Street Lights products and integrated Smart City solutions, Viper Networks (OTCMKTS:VPER), on August 13, 2021, announced reaching a final 20-year agreement with a consortium of 21 cities across Chicago, Illinois for building and operating diverse smart city projects. Cities are aiming to harness the $1.2 Trillion Infrastructure Bill cleared this week and Viper Networks is looking to partner with the latest services and technology, and launching…

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Will Sundial Growers (NASDAQ:SNDL) Stock Move Above $1 In August?

August 13, 2021

Canadian cannabis producer Sundial Growers (NASDAQ:SNDL) stock has been on a decline in the last six months. The 29% dip is only a little better than benchmark Horizons Marijuana Life Sciences ETF’s 32% loss. Uncertainties in business make it risky for investors. The company is transitioning and hence it’s hard to evaluate if it’s a worthwhile investment. The company had a bad quarter one and will need significant improvement in…

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