Herborium Group Inc. (OTCMKTS:HBRM) jumped 14% after announcing that its Q2 is marked by no share structure dilution and represents its fifth consecutive quarter since 2020 that it has been profitable. Additionally, Herborium’s margin was up 66%, with costs and expenses dropping 12% compared to the same period a year ago. To enhance more growth, the company is currently working in various corporate governance aspects that will benefit investors and…
SponsorsOne Inc (OTCMKTS:SPONF) Stock Retreats In Profit Booking: What Next?
SponsorsOne Inc (OTCMKTS:SPONF) fell 17% on Friday but up 18% for the past week. The company announced the signing of a distribution deal for Doc Wylder’s with Republic National Distributing Company. SponsorsOne CEO Myles Bartholomew stated that this is a massive milestone for the company to grow its distribution strategy as it seeks to reach leading national retailers. Myles explained that the ready-to-drink market is current among the rapidly growing…
Evoke Pharma Inc (NASDAQ:EVOK) Stock Sees Bullish Momentum After The News
Evoke Pharma Inc (NASDAQ:EVOK) jumped 20% after announcing its Q2 2021 financial results for the period ended June 30, 2021, including the latest corporate developments.CEO David Gonyer said that through the company’s ongoing commercial expansion, growing visibility in the gastroparesis community, and enhanced in-person physician access, they are motivated by the progress made in Q2 2021. He added that the company continued to witness promising trends in refills, prescribing physicians,…
Phunware Inc (NASDAQ:PHUN) Stock Falls Below $1: How to Trade Now?
Phunware Inc (NASDAQ:PHUN) dropped 15.5% as investors responded negatively to its Q2 2021 financial results. The company reported net revenue of $1.4 million thanks to the growth of the customer pipeline. Most of Phunware’s revenue was from subscriptions and services of the Multiscreen-as-a-Service platform, which generated revenue of $1.2 million. CEO Alan Knitowski stated that they are encouraged by the growing operational momentum the business saw in Q2 2021 despite…
Jaguar Health Inc (NASDAQ:JAGX) Stock Reports Quarterly Earnings: Stock Falls
Jaguar Health Inc (NASDAQ:JAGX) fell 6.75% after announcing its consolidated Q2 2021 financial results. During the quarter Mytesi, prescription volume was up 4.3% from Q1 2021, with net prescriptions increasing 2.8% over the same period. However, YoY prescription volume was down 9%, which the company attributes to the role of the pandemic leading to fewer patient visits, few refills, and fewer opportunities for Mytesi patients’ diagnosis. Mytesus net revenue was…
Acasti Pharma Inc (NASDAQ:ACST) Stock Falls After Earnings: Will The Trend Continue?
Acasti Pharma Inc (NASDAQ:ACST) fell 4.5% last week after announcing its fiscal Q1 2022 financial results for the period ended June 30, 2021, and provided a business update. The company posted a loss of $3.1 million or $0.01 on a per-share basis, a decrease from a net loss of $4.7 million or $0.05 per share a year ago. The net loss reduction resulted from reduced R&D expenses following the completion…
Venus Concept Inc (NASDAQ:VERO) Stock Continues to Move Lower: What Next?
Venus Concept Inc (NASDAQ:VERO) dropped 2% after announcing its Q2 2021 financial results for six months ending June 30, 2021. In Q2 2021, the company reported a 52% YoY revenue growth to $25.8 million with a gross margin of 72.5%. Adjusted EBITDA was 117% up YoY to $0.5 million. During the quarter, Health Canada issued the company a medical device license to sell the country’s Venus Fiore Feminine Health System….
Healthier Choices Management Corp (OTCMKTS:HCMC) Stock Fell 25% Last Week: A Good Opportunity?
It was a pretty hard time for investors in the Healthier Choices Management Corp (OTCMKTS:HCMC) stock last week as it suffered from a major selloff. Over the course of the previous week, the Healthier Choices Management stock tanked by as much as 25% and it now remains to be seen if the stock can actually make a recovery this week. In this context, it may be important for investors to…
Net Savings Link (OTCMKTS:NSAV) Stock Continues to See Profit Booking: A Good Buy Now?
Not too long ago, the cryptocurrency, blockchain and digital asset technology company Net Savings Link (OTCMKTS:NSAV) had seen its stock make enormous gains. However, the situation changed quite dramatically last week after the company launched its own cryptocurrency exchange. It is important to note in this regard that the launch of the new exchange had been one of the major reasons behind the rally in the stock in the first…
VGTel Inc (OTCMKTS:VGTL) Stock Jumps On High Volume: But Why?
It is not uncommon for stocks to record enormous gains despite there being no news and that is the sort of move that happened in the VGTel Inc (OTCMKTS:VGTL) stock this past Friday. Despite there being no news about the company at all, the multi-platform entertainment company saw its stock soar by as much as 58% on Friday as investors piled on to the stock in a big way. In…
