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…
American Green Inc (ERBB) Jumps As The Company Gets Approval For New Facility
Cannabis company American Green Inc (OTCMKTS:ERBB) was in the news yesterday after it made a key announcement with regards to its operations and the stock flew by as much as 20% as investors piled on to it. The company announced yesterday that it was awarded the much needed approval from the City of Phoenix in Arizona for the purpose of starting its second cannabis grow plant in the West Phoenix…
AXP Energy Limited (AUNXF) Sees Parabolic Rise: Stock Hits New High
The remarkable rally in the AXP Energy Limited (OTCMKTS:AUNXF) stock continued on Tuesday as more and more investors piled on to the stock following a key announcement from the company last Friday. The stock soared by as much as 123% yesterday and that took its gains for the past week to a staggering 220%. In light of the sheer magnitude of the gains made by the AXP Energy stock it…
ILUS International Inc (ILUS) Stock Continues to Move Higher: Jumps 88% in a Week
The merger and acquisitions company ILUS International Inc (OTCMKTS:ILUS) has attracted the attention of investors in a big way in recent days and the situation was the same on Tuesday. Yesterday, the stock jumped by 9% as investors continued to flock to the stock and that took its gains for the past week to as much as 88%. There was no news about the company yesterday but it might be…
Aurora Cannabis (NASDAQ:ACB) Stock Slumps 30% YTD: A Good Time To Buy?
Aurora Cannabis (NASDAQ:ACB) is one of the biggest operators in the cannabis industry but the company’s stock has been a laggard for a long time and the trend has continued in 2021 as well. The stock has gone down by as much as 15% so far this year and in this situation it is perhaps important for investors to figure out if the stock could actually make a comeback. While…
Canoo Inc (NASDAQ:GOEV) Stock Falls 20% in a Week After Earnings
There are now plenty of options for investors when it comes to electric vehicle stocks and one of those is Canoo Inc (NASDAQ:GOEV). The company is involved in the development of breakthrough electric vehicles with a platform that can be used by both businesses as well as individuals. However, the Canoo stock has not performed particularly well in recent days and has actually declined by as much as 20% over…
Velodyne Lidar Inc (NASDAQ:VLDR) Reports Mixed Quarterly Earnings, Stock Falls
Velodyne Lidar Inc (NASDAQ:VLDR) is down 16% in a week after announcing its Q2 2021 financial results for the period ended June 30, 2021. The company shipped over 3,800 sensor units during the quarter, with 72% of the shipments being spot purchases and 28% being shipments to customers with multi-year agreements. Most importantly, the company continues solid-state sensors sales leadership with over 250 sensors already sold. As of August 1,…
SmileDirectClub Inc (NASDAQ:SDC) Stock Takes a Hit After Quarterly Earnings
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…
Bitfarms Ltd (NASDAQ:BITF) Stock Slumps 16% After Announcing Mixed Earnings
Bitfarms Ltd (NASDAQ:BITF) stock is down 16% following mixed Q2 results released with the new share offering announcement. The company reported its Q2 earnings on August 16 after market close, delivering sales that beat market expectations. However, the loss was wider than anticipated because of the re-evaluation of Bitfarms’ BTC holdings. For the second quarter the company had sales of $36.7 million which topped analysts’ estimates of $22.7 million, but…
Gevo Inc (NASDAQ:GEVO) Stock Trend Lower After The Recent News
Gevo Inc (NASDAQ:GEVO) is down 13.5% in a week after announcing that its dairy manure-based renewable natural gas project affiliate, Gevo NW Iowa RNG, LLCC in northwest Iowa, had entered definitive agreements with BT Porducts North America Inc. and BP Canada Energy Marketing Corp for the sale of the project’s production. The construction of the project is ongoing and will commence production early next year. Once completed, the NW Iowa…