Progenity Inc (NASDAQ:PROG) Stock Pulls Back After The Big Jump

October 21, 2021

Market Reaction: On Wednesday, PROG stock decreased 9.33% at $2.7200 with more than 71.52 million shares, compared to its average volume of 44.24 million shares. The stock has moved within a range of $2.6600 – 2.9200 after opening the trade at $2.8400. Biotech firm Progenity Inc (NASDAQ:PROG) was not in the news yesterday but the stock fell nonetheless due to profit booking. Although the stock declined by as much as…


Progenity Inc (NASDAQ:PROG) Stock Gains Momentum After The Recent Fall

October 19, 2021

After having slid in the markets despite positive developments last week, the Progenity Inc (NASDAQ:PROG) stock stormed back on Monday and managed to deliver gains of as much as 40% to its investors. There was no news about the company yesterday but it seems that investors changed their minds about the stock. Last week the stock had been in the news after it emerged that it was awarded as many…


Progenity Inc (NASDAQ:PROG) Stock Gains Further Momentum: Up 17% in a Week

October 7, 2021

In the past week, the Progenity Inc (NASDAQ:PROG) stock has been in the thick of action in the markets and there was a continuation of the same trend on Wednesday as the stock rallied by another 5%. That took its gains for the past week to as much as 17%. While there was no news about the company yesterday, earlier on in the week on Monday the company had announced…


Progenity Inc (NASDAQ:PROG) Stock Slumps 32%: What’s The Buzz?

October 5, 2021

News of stock offerings can often have an adverse effect on a company’s stocks and that is what seemed to have happened with the Progenity Inc (NASDAQ:PROG) stock on Monday. The company announced yesterday that it had reached an agreement for the purpose of selling as much as $20 million worth of its shares to a range of institutional investors. However, the news did not go down well with shareholders…


Today’s Top Stocks Under $1

September 21, 2021

Over the past few years, an unprecedented bull run has led to many stocks becoming overvalued, however, there are still many stocks under a dollar which value investors can look to for discounts and growth opportunities.  In this column, we try to highlight some of the day’s best opportunities under $1 per share. Isoray, Inc. (NYSE:ISR) closed Monday at $0.6312 on above-average trading volume.  The company will be releasing Q4…


Progenity Inc (NASDAQ:PROG) Stock Extends Rally: Jumps 23% in a Week

September 2, 2021

Not too long ago the Progenity Inc (NASDAQ:PROG) stock had experienced a fall but since then the stock has made a strong recovery and the recovery continued on Wednesday. There has been no fresh news about the company in recent weeks but the stock managed to clock gains of 10% yesterday and that took its gains for the past week to as much as 23%. In order to get a…


Progenity Inc. (NASDAQ:PROG) Stock Bounces Back a Bit After The Big Fall

August 25, 2021

Progenity Inc. (NASDAQ:PROG) jumped 8% after announcing the closing of an underwritten public offering of 40 million common shares plus warrants to buy up to 40 million common shares at $1 per share and related warrant. The exercise price of the warrants is $1 per share and will be exercisable immediately with an expiry of five years from the issuance date. Additionally, the company has given the underwriter a 30-day…


Progenity Inc. (NASDAQ:PROG) Stock Is All Set To Gap Down After The New Offerings

August 20, 2021

Progenity Inc. (NASDAQ:PROG) is down 30% in pre-market after announcing the pricing of the previously announced $40 million public offerings of 40 million common stock shares and warrants to buy an additional 40 million common shares. The company is selling each share together with an option to buy a common warrant for a combined price of $1 per common share and warrant minus commissions and underwriting discounts. The warrants are…


Progenity Inc (NASDAQ:PROG) Stock Sees Weakness: Should You Buy At Low?

August 13, 2021

The announcement of the financial results can often have a significant effect on a company’s stock price and that is what happened with the Progenity Inc (NASDAQ:PROG) stock today. The company had its earnings call this morning and that has already resulted in a 5% fall in the stock in the premarket trading period so far. In light of the latest developments, it might be a good time for investors…