SponsorsOne Inc (OTCMKTS:SPONF) Stock Retreats In Profit Booking: What Next?

August 16, 2021

SponsorsOne Inc (OTCMKTS:SPONF) fell 17% on Friday but up 18% for the past week. The company announced the signing of a distribution deal for Doc Wylder’s with Republic National Distributing Company. SponsorsOne CEO Myles Bartholomew stated that this is a massive milestone for the company to grow its distribution strategy as it seeks to reach leading national retailers. Myles explained that the ready-to-drink market is current among the rapidly growing…

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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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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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Jaguar Health Inc (NASDAQ:JAGX) Stock Reports Quarterly Earnings: Stock Falls

August 16, 2021

Jaguar Health Inc (NASDAQ:JAGX) fell 6.75% after announcing its consolidated Q2 2021 financial results. During the quarter Mytesi, prescription volume was up 4.3% from Q1 2021, with net prescriptions increasing 2.8% over the same period. However, YoY prescription volume was down 9%, which the company attributes to the role of the pandemic leading to fewer patient visits, few refills, and fewer opportunities for Mytesi patients’ diagnosis. Mytesus net revenue was…

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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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Venus Concept Inc (NASDAQ:VERO) Stock Continues to Move Lower: What Next?

August 16, 2021

Venus Concept Inc (NASDAQ:VERO) dropped 2% after announcing its Q2 2021 financial results for six months ending June 30, 2021. In Q2 2021, the company reported a 52% YoY revenue growth to $25.8 million with a gross margin of 72.5%. Adjusted EBITDA was 117% up YoY to $0.5 million. During the quarter, Health Canada issued the company a medical device license to sell the country’s Venus Fiore Feminine Health System….

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Healthier Choices Management Corp (OTCMKTS:HCMC) Stock Fell 25% Last Week: A Good Opportunity?

August 16, 2021

It was a pretty hard time for investors in the Healthier Choices Management Corp (OTCMKTS:HCMC) stock last week as it suffered from a major selloff. Over the course of the previous week, the Healthier Choices Management stock tanked by as much as 25% and it now remains to be seen if the stock can actually make a recovery this week. In this context, it may be important for investors to…

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Net Savings Link (OTCMKTS:NSAV) Stock Continues to See Profit Booking: A Good Buy Now?

August 16, 2021

Not too long ago, the cryptocurrency, blockchain and digital asset technology company Net Savings Link (OTCMKTS:NSAV) had seen its stock make enormous gains. However, the situation changed quite dramatically last week after the company launched its own cryptocurrency exchange. It is important to note in this regard that the launch of the new exchange had been one of the major reasons behind the rally in the stock in the first…

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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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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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