Atossa Therapeutics Inc (NASDAQ:ATOS) is down 20% in a month. The company announced its Q2 2021 financial results and offered corporate updates on recent development. In Q2, the company received final findings from the open-label Phase II clinical study of oral Endoxifen during the “window of opportunity” between breast cancer diagnosis and surgery. Endoxifen achieved the primary endpoint in the study with a 65.1% reduction of Ki-67, which is a…
Katapult Holdings Inc (NASDAQ:KPLT) Stock Continues to Move Lower On Disappointing Outlook
Katapult Holdings Inc (NASDAQ:KPLT) was down 45% in a week following the release of its Q2 earnings report and withdrawal of its full-year outlook. The company reported a net loss of $8.1 million, a drop from a profit of $5.1 million a year ago. Adjusted net income in Q2 was $1.5 million, a 70% decline YoY. The financial and credit options provider for customers who might not access such services…
OrganiGram Holdings Inc (NASDAQ:OGI) Stock Pulls Back Sharply: Here is Why
OrganiGram Holdings Inc (NASDAQ:OGI) hasn’t been an attractive investment over the past year. Growth hasn’t been robust even when sales were low from previous quarters, which is unsuitable for unprofitable businesses. In July, investors received great news after the company reported 51% QoQ sales growth in its Q3, leaving them wondering whether the pot stock has turned a leaf. Investors should note that the gross revenue was CA$29.1 million for…
DouYu International Holdings Ltd (NASDAQ:DOYU) Stock Sees Selling Pressure Following Q2 Earnings
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,…
Aterian Inc (NASDAQ:ATER) Stock Continues to Fall On Dissapointing Earnings
Over the course of the past week, the Aterian Inc (NASDAQ:ATER) stock has been in the middle of a damaging downward spiral and has slumped by as much as 29%. Considering the sheer scale of the decline, it may be the right time to take a look at the anatomy of the selloff. Last week the company announced its financial results for the second fiscal quarter and that proved to…
Cellect Biotechnology Ltd (NASDAQ:APOP) Stock Moves in a Range
The Cellect Biotechnology Ltd (NASDAQ:APOP) stock started off the week in the green as it ended with gains of 3% yesterday. While the gains might have brought the stock into focus among many investors, it is also necessary to keep in mind that there was no news about the company that might have led to such gains. However, investors might have been reacting to an announcement from the biotech company…
Boxlight Corporation (NASDAQ:BOXL) Reports Quarterly Earnings: Stock Jumps
Interactive technology solutions provider Boxlight Corporation (NASDAQ:BOXL) has been on the radars of investors over the course of the past week and during that period, the company’s stock has managed to clock gains of as much as 15%. That being said, it appears that the most important trigger for the rally in the stock came about last Friday when the company announced its financial results for the fiscal quarter that…
Ultrack Systems (OTCMKTS: MJLB) Awaits DrivelineELD Certification After Reporting Q2 227% Revenue Spike
Ultrack Systems (OTCMKTS: MJLB) and its shareholders are awaiting certification for its Driveline ELD product. Last week it reported a historic 227% jump in Q2 revenue, the three months ended June 30, 2021, to $162,055 vs. $49,415 the comparable period the prior year. The 227% hike in Q2 sales showed the commitment of company management to its business model. The anticipated certification in Canada and the USA for its DrivelineELD…
Allied Energy Corp. (OTCMKTS: AGYP) Jumps 8.14% To $0.40 As Investors Eye $0.50
Allied Energy Corp. (OTCMKTS: AGYP) is primed to hit higher prices this week as shareholders hope for $0.5000 after shares reached 8.14% green yesterday to reach $0.4000. In heavy trading volume of 449,112, AGYP is gaining momentum after a positive Q2 financial report which shows cuts in operational and net losses as expenses were cut dramatically. All free cash flow was reinvested back into the Company’s primary activity: leasing oil…
Kraig Biocraft Laboratories Inc (KBLB) Stock Gains Momentum: What Next?
The biotech company Kraig Biocraft Laboratories Inc (OTCMKTS:KBLB) was on the move this past Friday and managed to deliver gains of as much as 7%. While the gains made by the stock may have brought the spider silk development company into focus it should be noted that there was no news about Kraig Biocraft last week. In this situation, it could actually be worthwhile for investors to take a look…