The past month may not have been a particularly great period for the Lightwave Logic Inc (OTCMKTS:LWLG) stock, which declined by as much as 31% during the period. However, at the same time, it is also necessary to remember that over the course of the year so far the stock has been one of the best performers and is still up by a staggering 615%. Yesterday, the technology platform firm…
Shares of Immersion Corporation (NASDAQ:IMMR), provider of haptics touch technology, on August 17, 2021, plummeted by 11%. The company gave incredible quarter two earnings where revenues surged to 93% year over year, reaching $11 million, a 14% growth in quarter one and declining by 35% in the year-ago quarter. The small-cap share has a market capitalization of $204 million has the sale seems confusing despite good results and a sanguine…
SmileDirectClub Inc (NASDAQ:SDC) is down 7.5% in a week after announcing Q2 2021 financial results, in which total revenue was up 62.7% YoY to $174 million. The company posted a net loss of $55 million, a 41.6% YoY improvement, and a diluted EPS improvement of 44% to $0.14 YoY. During the quarter, the company reported 90,006 unique aligner shipments with an Average aligned gross sales price of $1,885 compared to…
In the previous five days of trading, the fuel cell power plant manufacturer and operator FuelCell Energy (NASDAQ:FCEL) has not had a particularly great time in the markets. The stock has recorded declined over the course of the previous five trading sessions despite there being news that could be a big boost to FuelCell. In this regard, it should be noted that the decline in the stock actually came about…
Following are the major gainers in the oil & gas sector on Tuesday. Make sure to put these on your watchlist for the month of August. Manitok Energy Inc. (OTCMKTS:MKRYF) Stock Jumps 15% MKRYF is one of the biggest gainers in Tuesday’s trading session. The stock opened with slight gains and by mid-day soared 82% to $0.0020. Interestingly, the rise has been supported by hefty volume with more than 1.1…
On Monday, the KinerjaPay Corp (OTCMKTS:KPAY) stock emerged as a major gainer out of nowhere and ended the day with gains of as much as 57%. There was no news about the company or the sectors in which it is involved, but investors took a shine to the stock and flocked to it in a big way. Since there has been no fresh news about the company it could be…
Investors believing in psychedelics can consider Mind Medicine Inc (NASDAQ:MNMD) stock as the company in exploratory medicine can be a good choice considering its price. Cannabis stocks were holding strong in 2017, before the spread of the decriminalization movement. There is no surety on this not happening with MNMD stock but it is interesting to delve into the underappreciated part of alternative therapies for mental illness. Investors not owning the…
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…
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,…
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…
