Bitfarms Ltd (NASDAQ:BITF) Stock Slumps 16% After Announcing Mixed Earnings

August 18, 2021

Bitfarms Ltd (NASDAQ:BITF) stock is down 16% following mixed Q2 results released with the new share offering announcement. The company reported its Q2 earnings on August 16 after market close, delivering sales that beat market expectations. However, the loss was wider than anticipated because of the re-evaluation of Bitfarms’ BTC holdings. For the second quarter the company had sales of $36.7 million which topped analysts’ estimates of $22.7 million, but…

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Global Tech Industries Group (GTII) Stock Gains Further Momentum: Up 30% in a Week

August 17, 2021

In the past month the Nevada corporation Global Tech Industries Group (OTCMKTS:GTII) has garnered a lot of attention from investors and that becomes apparent when ones looks into the price action in the company’s stock. Yesterday, the stock was in focus after it made a major announcement and jumped by 7.50% to take its gains over the course of the past month to as much as 30%. On Monday, the…

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Alternet Systems (OTCMKTS:ALYI) Stock Slumps After Issuing EV Taxi Pilot Program Progress Report

August 17, 2021

Alternet Systems (OTCMKTS:ALYI )on August 16, 2021, released a report on the company’s electric vehicle taxi pilot initiative in Africa. The company CEO Dr.RandellTorno came back to Dallas after EV Pilot waypoint meetings in Nairobi and had also visited Addis Ababa, Ethiopia. Dr.Torno said that the company’s pilot initiative is “comprehensive” and said that the company is testing a particular business solution harnessing electric motorcycles. Dr.Torno added that the company…

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Auddia Inc (NASDAQ:AUUD) Stock Jumps As Quarterly Net Loss Reduced

August 17, 2021

Auddia Inc (NASDAQ:AUUD) jumped 6% after announcing that its net loss for the quarter ended June 30, 2021, narrowed from $1.3 million a year ago to $753,000. The artificial intelligence podcast platform didn’t report any revenue for the quarter relative to revenue of $45,000 YoY, but it booked a $269,000 paycheck protection program loan forgiveness accounting for the improvement.  In addition, the company ended the quarter with cash and equivalents…

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Aterian Inc (NASDAQ:ATER) Stock Continues to Fall On Dissapointing Earnings

August 17, 2021

Over the course of the past week, the Aterian Inc (NASDAQ:ATER) stock has been in the middle of a damaging downward spiral and has slumped by as much as 29%. Considering the sheer scale of the decline, it may be the right time to take a look at the anatomy of the selloff. Last week the company announced its financial results for the second fiscal quarter and that proved to…

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Regen Biopharma (OTCMKTS:RGBP) Stock gains Further Momentum

August 16, 2021

One of the stocks to have emerged as a notable gainer this past Friday was that of Regen Biopharma (OTCMKTS:RGBP). The stock came on to the radars of investors after the publication of the transcript of the discussion and analyses in relation to the On Friday, investors piled on to the stock in a big way as the Regen stock ended the day with gains company’s financial situation as well…

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Tonix Pharmaceuticals (NASDAQ:TNXP) Stock Consolidates After The Big Fall

August 16, 2021

In recent weeks, Tonix Pharmaceuticals (NASDAQ:TNXP) has been in the middle of a fair bit of trouble and it has been reflected in the price action in its stock as well. The death spiral in the Tonix stock came about due to the massive setback in the interim analysis from the late stage clinical trials of one of its products. As a matter of fact, most experts believe that the…

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Phunware Inc (NASDAQ:PHUN) Stock Falls Below $1: How to Trade Now?

August 16, 2021

Phunware Inc (NASDAQ:PHUN) dropped 15.5% as investors responded negatively to its Q2 2021 financial results. The company reported net revenue of $1.4 million thanks to the growth of the customer pipeline. Most of Phunware’s revenue was from subscriptions and services of the Multiscreen-as-a-Service platform, which generated revenue of $1.2 million. CEO Alan Knitowski stated that they are encouraged by the growing operational momentum the business saw in Q2 2021 despite…

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CNS Pharmaceuticals Inc (NASDAQ:CNSP) Stock Trends Lower: Will it Rebound?

August 16, 2021

As more and more companies report their quarterly financial results, it is perhaps time for investors to take a look at many of those and one of the companies one could take a look into is CNS Pharmaceuticals Inc (NASDAQ:CNSP). This past Friday the company announced its financial results for the quarter that concluded on June 30, 2021 and upon the announcement, the CNS stock ended up with gains of…

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