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…
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%,…
OPKO Health Inc. (NASDAQ:OPK) Stock Reports Earnings: Stock Moves in a Range
OPKO Health Inc. (NASDAQ:OPK) is moving in a range. The company reported its financial results and business update for the quarter ended June 30, 2021. OPK indicated that test volume at BioReference laboratories was up 325 relative to Q2 2020. During the quarter, the company processed around 2.8 million COVID-19 PCR tests, and currently, it has a daily processing capacity of over 100,000 PCR tests. Equally, in Q2, BRL conducted…
Atossa Therapeutics Inc (NASDAQ:ATOS) Stock Under Pressure On FDA Setback
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…