Clinical-stage biotech company, Atossa Therapeutics (NASDAQ:ATOS) is witnessing some blows being cash strapped and taking desperate measures for getting operating capital. Investors are always look to put money into biotech stocks, considered as hypergrowth plays, with U.S Food and Drug Administration rulings and patents being around the corner. Seattle based company Atossa, specialising in therapeutic treatment of breast cancer, has been on investor’s radar in the last year as it…
Abraxas Petroleum Corporation (NASDAQ:AXAS) Stock Sees Selling Pressure: Here is Why
Yesterday, the investors of Abraxas Petroleum Corporation (NASDAQ:AXAS) got a bit of a shock after the end of the trading session as the company’s stock tanked by as much as 17% in the afterhours trading period. There was good reason for the decline in the stock as well. On Friday, it emerged that the Nevada based company was sent in a notice by NASDAQ relating to the fact that it…
RushNet Inc (OTCMKTS:RSHN) Stock Extends Rally: Soared 71% Last Week
Not too long ago RushNet Inc (OTCMKTS:RSHN) had emerged as one of the major gainers in the micro cap space and this past week, the stock was on the move again in a big way. After the company, along with its subsidiary company heliosDX, announced that it appointed a new Chief Operating Officer, the RushNet stock received a massive boost. The stock soared by as much as 71% this past…
Drone Guarder Inc (OTCMKTS:DRNG) Stock Soars Again: Up 61% On High Volume
The Drone Guarder Inc (OTCMKTS:DRNG) stock emerged as one of the major winners this past week. On Friday, the stock continued to be in massive demand and clocked gains of 61%. That took its gains for the whole week to as much as 80%. In light of such considerable gains, it might be a good idea for investors to look into Drone Guarder a bit more closely. The company is…
Xenetic Biosciences Inc (NASDAQ:XBIO) Stock Slumps 23% On Profit Booking
The week did not end on the right note for Xenetic Biosciences Inc (NASDAQ:XBIO) as the biopharmaceutical firm saw its stock crash by as much as 23% on Friday. There was no fresh news about the company yesterday but earlier on in the week the company had made a key announcement that investors need to take a look into. This past Wednesday the company announced that it successfully completed the…
Is Viking Energy Group (VKIN) Stock a Good Buy After The Recent News
Growth-oriented energy company, Viking Energy Group (OTCMKTS:VKIN) on July 30, 2021 announced finishing deal with majority-owned shareholder, Camber Energy Inc, which will result in Camber purchasing $11 million worth of common stock of Viking. Viking Energy has existing Oil & Gas division with interests in properties in Texas, Louisiana, Mississippi and Kansas and will be using the proceeds for facilitating potential acquisition of 60.5% interest in a firm engaged in…
Medigus Ltd (NASDAQ:MDGS) Stock is In News: Now What?
Technology firm engaged in advanced medical solutions, electric vehicles and charging solutions, Medigus Ltd (NASDAQ:MDGS) on July 30, 2021 announced privately held company engaged in biological gels, Polyrizon Ltd, owned partially by Medigus, showed pre-clinical data from its earlier announced pre-clinical study demonstrating potential to lower risk of coronavirus. The study was done in Israel for one month and tested various formulations of highly differential biological gel compared to controlled…
Goliath Resources Limited (GOTRF) Issues Important Drilling Update
Goliath Resources Limited (OTCMKTS:GOTRF) on July 29, 2021 announced 67.1 -meter drill intercept of quartz-sulphide veining, brecciationand related alteration from fourth drill hole during its 2021’s first diamond drill campaign at 100% controlled Golddigger Property The campaign, designed for tracing high-grade gold-silver zone exposed at surface along 1km of strike with depth of more than 500 meters at Surebet Zone, which averages 9.84 meters wide grading 10.68 g/t AuEq (with…
Taoping Inc (NASDAQ:TAOP) Stock Soars On heavy Volume: More to Come?
Investors have piled on to the Taoping Inc (NASDAQ:TAOP) stock in a big way which morning after the company announced a new strategic cooperation agreement with Shenzhen IntelStrat Technology Co. Taoping is involved in providing smart cloud and blockchain technology services and after the announcement of the agreement this morning, the stock has rallied by 30% so far. In this context, it is important for investors to take a closer…
Uxin Ltd (NASDAQ:UXIN) Stock Falls Slightly After The Earnings: A Good Buy Now?
This morning Uxin Ltd (NASDAQ:UXIN) reported its financial results for the fourth fiscal quarter and it seems that investors are not quite impressed with the performance, since the company’s stock has tanked by 3% so far. In this situation, it might be a good idea to take a look at the company’s performance and then make up one’s mind. The total revenues in the quarter that ended on March 31,…