Ideanomics Inc (NASDAQ:IDEX) Stock Reports Q2 Earnings: Investors React Negatively

August 17, 2021

Ideanomics Inc (NASDAQ:IDEX) down 7% in premarket after reporting its Q2 2021 financial and operating results in which the company reported revenues of $33.2 million and a gross profit of $9.3 million. Revenue for EVs was $6.1 million in Q2 2021, with powertrains and charging batteries revenues being $2.7 million. The company has the only electric tractor currently available in the market. At the end of the quarter, Ideanomics had…

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DouYu International Holdings Ltd (NASDAQ:DOYU) Stock Sees Selling Pressure Following Q2 Earnings

August 17, 2021

DouYu International Holdings Ltd (NASDAQ:DOYU) fell 11% after announcing its unaudited Q2 2021 financial results for the period ending June 30, 2021. The company reported net revenues of $361.9 million (RMB2, 336.8 million) compared to RMB2, 508.2 million a year ago.Gross profit was $47.5 million, with the net loss being $28.1 million. In addition, the company reported a 3.9% YoY growth in average mobile monthly active users to 60.7 million,…

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Cybernetic Technologies Ltd. (OTCMKTS:HPIL) Stock Soars 30% in a Week: More To Come?

August 16, 2021

It was a pretty eventful week for Cybernetic Technologies Ltd. (OTCMKTS:HPIL) last week and that was reflected in the price action in its stock as well. Last Wednesday, the company announced that its application to the OTCIQ had been approved and it had also become effective immediately. It was a major development for the company and hence it was no surprise that the HPIL Holding stock ended the week with gains…

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TherapeuticsMD (NASDAQ:TXMD) Stock In Downtrend: How to Trade Now?

August 16, 2021

The well known women’s healthcare company TherapeuticsMD (NASDAQ:TXMD) made a key announcement last week but that did not quite seem to impress investors and the stock tanked by as much as 9% last week. In this situation it might be a good idea for investors to perhaps figure out if the decline in the stock price could be an opportunity to get into the TherapeuticsMD stock. The company announce that…

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Evoke Pharma Inc (NASDAQ:EVOK) Stock Sees Bullish Momentum After The News

August 16, 2021

Evoke Pharma Inc (NASDAQ:EVOK) jumped 20% after announcing its Q2 2021 financial results for the period ended June 30, 2021, including the latest corporate developments.CEO David Gonyer said that through the company’s ongoing commercial expansion, growing visibility in the gastroparesis community, and enhanced in-person physician access, they are motivated by the progress made in Q2 2021. He added that the company continued to witness promising trends in refills, prescribing physicians,…

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VGTel Inc (OTCMKTS:VGTL) Stock Jumps On High Volume: But Why?

August 16, 2021

It is not uncommon for stocks to record enormous gains despite there being no news and that is the sort of move that happened in the VGTel Inc (OTCMKTS:VGTL) stock this past Friday. Despite there being no news about the company at all, the multi-platform entertainment company saw its stock soar by as much as 58% on Friday as investors piled on to the stock in a big way. In…

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XpresSpa Group Inc (NASDAQ:XSPA) Stock Sees Bullish Trend: Now What?

August 16, 2021

Before a new trading week starts, it is perhaps time for investors to take a look at some of the stocks which managed to make a strong move on Friday. One of the stocks which managed to do so was that of the health and wellness firm XpresSpa Group Inc (NASDAQ:XSPA). Last Friday, the company announced that its subsidiary company Xpres Check had been given the authority by the Centers…

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Labor Smart Inc (OTCMKTS:LTNC) Stock Jumps Again: Soars 155% in a Week

August 13, 2021

Labor Smart Inc (OTCMKTS:LTNC) If you are currently looking into stocks which may have recorded handsome gains over the past few days then it could be difficult to overlook the Takeover Industries stock. The company, which is involved in the manufacturing of NXT LVL branded beverages, has seen its stock clock gains of as much as 155% over the course of the past week. As a matter of fact, the…

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ProBility Media Corp (OTCMKTS:PBYA) Stock Extends Rally: Jump 19% in a Week

August 13, 2021

ProBility Media Corp (OTCMKTS:PBYA) up 19% in a week. The company has settled part of its convertible debt and appointed major new corporate officers to its management. As part of the balance sheet restructuring efforts, the company settled around $0.5 million of its restricted common stock convertible debt. Noteholders indicated that they are pleased with the company’s recent strides in becoming current with OTC Markets. ProBility President Noah Davis said…

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CASI Pharmaceuticals (NASDAQ:CASI) Stock Trends Lower: How to Trade Now?

August 13, 2021

Over the course of the past few weeks, the CASI Pharmaceuticals (NASDAQ:CASI) stock has had a pretty rough time and suffered from a selloff. In the past month, the stock has declined by as much as 13% and it is going to be interesting to see if the stock can actually make a recovery any time soon. Yesterday, the stock was in the news cycle after it announced its financial…

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