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…
Ahead of the start of trading this morning, it might be a good idea for investors to possibly look into those stocks which may have recorded massive gains last week. One of the stocks that could be worth looking into at this point is that of Labor Smart Inc (OTCMKTS:LTNC), which ended up recording gains of as much as 155%. The company, which is now known as Takeover Industries and…
Laser sensing systems company Dark Pulse Inc (OTCMKTS:DPLS) has been in the focus of many investors for the past few weeks and the trend continued last week. Back on August 10, the company announced that it completed the acquisition of the England and Wales based private company Optilan. The announcement was possibly the reason behind considerable excitement among investors and the Dark Pulse stock ended the week with gains of…
The premarket action in the market is often a pretty good indication on how the rest of the day might pan out and hence it could be a good move to take a closer look at the Biolase Inc (NASDAQ:BIOL) stock. The company was in the news last after it announced its financial results for the second fiscal quarter and on Friday, its stock has managed to clock gains of…
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…
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…
This past week, the Evofem Biosciences Inc (NASDAQ:EVFM) stock was in the middle of a strong selloff and ended the week with a decline of 12%. On Friday alone, the stock recorded a decline of 7%. It should be noted that last week the company had announced its financial results for the quarter and the six month period, both of which ended on June 30, 2021. The Chief Executive Officer…
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…
MedX Holdings Inc (OTCMKTS:MEDH) jumped 40% after announcing an intent to acquire Dazed Inc. as its wholly-owned subsidiary. Dazed is a Texas-based company founded in 2007 with an operating history of more than 15 years in the cannabis sector, including related products. The Lazydaze brand formed in 2004 is better positioned for cannabis legalization ahead of the anticipated federal legalization. Currently, seven Dazed outlets include licensed, corporation-owned, and franchises and…
Herborium Group Inc. (OTCMKTS:HBRM) jumped 14% after announcing that its Q2 is marked by no share structure dilution and represents its fifth consecutive quarter since 2020 that it has been profitable. Additionally, Herborium’s margin was up 66%, with costs and expenses dropping 12% compared to the same period a year ago. To enhance more growth, the company is currently working in various corporate governance aspects that will benefit investors and…
