Mind Medicine Inc (NASDAQ:MNMD) Stock Falls 50% From the Peak: Here is Why

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…

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

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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DatChat Inc (NASDAQ:DATS) Stock Recovers After The Recent Fall

The communication software firm DatChat Inc (NASDAQ:DATS), which is focussed on protection and privacy of its users, was in sharp focus among investors yesterday and its stock ended the day with gains of as much as 11%. There was no news about the company yesterday but last week, the company was in the news after it announced the pricing for its initial public offering of its units made up of…

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Exela Technologies Inc (NASDAQ:XELA) Releases Earnings: Stock Down 12% in a Week

Exela Technologies Inc (NASDAQ:XELA) is down 11.5% in a week after announcing its Q2 2021 financial result in which revenue dropped 2.3% QoQ and 4.8% YoY to $293 million. Information and Transaction Processing Solutions revenue declined 10.6% Yoy to $217.3 million due to low volumes because of transition revenue roll off and COVID-19. The company is optimistic that volumes will return in the segment once the impacts of the pandemic…

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Meta Materials Inc (NASDAQ:MMAT) Stock Continues to Trend Lower: What’s The Buzz?

Meta Materials Inc (NASDAQ:MMAT) is down 15% in a week after announcing a definitive agreement for the indirect acquisition of Nanotech Security Corp (OTCMKTS: NTSFF) in a cash transaction estimated at CA$90.8 million. The company will acquire all Nanotech common shares at CA$1.25 per share. Nanotech is a leader in visually memorable and secured nano-optic security features development offering anti-counterfeit services used in government, brand, and banknote protection markets. META’s…

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

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

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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NanoVibronix Inc (NASDAQ:NAOV) Stock Extends Rally: Hits Another New High

NanoVibronix Inc (NASDAQ:NAOV) jumped 34%, which was significant considering it was a red market day. The little-known company manufactures non-invasive biological response-activating devices that target pain therapy and wound healing.  Its current market cap is around $90 million, and considering the nature of its market cap and low share price, NAOV has drawn significant interest from retail traders in recent times. The stock has a short interest of approximately 24%,…

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