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Tag: BDR

  • NYSE Delisting Receipt: Blonder Tongue Laboratories Inc. (BDR) Fell in the Aftermarket

    Blonder Tongue Laboratories Inc. (BDR) after announcing receipt of Delisting from NYSE, fell down by 33.22% in the after-hours on Friday.

    In the previous trading session, the stock was up by 2.06%, closing at $0.8685 with 602.81K shares on December 10. Following the announcement, the stock went down to $0.58 in the after-market.

    The technology manufacturer, Blonder Tongue Laboratories Inc. (BDR) was founded in 1950. Currently, the 12.82 million outstanding shares of BDR, trade at a market capitalization of $11.14 million.

    Delisting Notice from NYSE

    On December 10, the company announced receiving a delisting notice from the staff of NYSE Regulation. The reason for this delisting was the company’s inability to regain compliance with Sections 1003(a)(i), (ii), and (iii) of the NYSE guide. According to the mentioned sections, if a company has a history of losses from continued operations, it is supposed to maintain a specific level of stockholder’s equity. The 18-month compliance period for which expired on December 10, for BDR.

    Further, the company announced to file for an appeal to the staff’s determination. Moreover, the letter further stated that the company’s shares will continue listing and trading on NYSE during the pendency of BRD’s appeal. In addition, if the staff finds suspending trading of the company’s shares in the interest of the public, it can do so at any time.

    BDR’s NXG Platform Update

    On November 29, BDR announced adding a new update to its NGX video delivery platforms. The NXG solutions are module-based IP digital video processing platforms that are highly customizable.

    As per the new update, the BDR platforms will now provide more video delivery options with less hardware use and possible smaller form factors. This is achieved by the configuration of IP inputs or outputs through a new, built-in IP connection on the NGX Master Controller. Further, these updates will also decrease separate IP module needs, resulting in additional processing functions, encoding or transcoding, etc. within the platform. Hence it will reduce rack-space, cost, and power use.

    Moreover, a higher-level security protection configuration is also possible in the BDR platforms now. This will allow remote access through discreet IP Whitelisting.

    BDR’s Financials

    On October 22, the company announced its financial results for the third quarter of 2021. In the third quarter of 2021, BDR reported net sales of $4,172,000, compared to $4,171,000 in the Q3 of 2020.

    Furthermore, the reported net loss was $201,000 for the Q3 of 2021, against $1,787,000 in the year-ago quarter. Consequently, the net loss per diluted share was $0.02 in Q3 of 2021, against $0.18 in Q3 of 2020.

  • Here is why Blonder Tongue Laboratories Inc. (BDR) performed well on Tuesday?

    Blonder Tongue Laboratories Inc. (BDR) shares were rallied 34.44% in after-hours on Tuesday, July 6, 2021, and closed the day at $2.03 per share. Earlier, BDR’s stock gained 16.15% to close Tuesday’s morning session at $1.51. BDR shares have risen 104.05% over the last 12 months, and they have moved up 16.15% in the past week. Over the past three months, the stock has gained 3.07%, while over the past six months, it has declined 16.15%.

    BDR received forgiveness loan payment

    On July 6, 2021, Blonder Tongue Laboratories, Inc received forgiveness of $1,768,762 of loan proceeds previously received under the Paycheck Protection Program.

    As previously disclosed, on April 10, 2020, the Company received a PPP Loan of $1,768,762 under the federal PPP Program. The PPP was established as part of the Coronavirus Aid, Relief and Economic Security Act and is administered by the U.S. Small Business Administration (SBA).

    Blonder Tongue Laboratories partnership with Innovative Systems 

    On June 16, 2021, Blonder Tongue Laboratories, Inc partnered with Innovative Systems to launch two new solutions for Blonder Tongue’s NXG IP Digital Video Signal Processing Platform.

    Recent financial results announcement

    On May 13, 2021, Blonder Tongue Laboratories, Inc announced its financial results for the first quarter ended March 31, 2021.

    Q1 2021 financial highlights

    • Blonder Tongue Laboratories reported net sales of $3,251,000 for the first quarter of 2021 compared to $4,050,000 for Q1 2020.
    • The company’s gross profit was $1.385 million in Q1 2021 compared to $553,000 in Q1 2020.
    • The company suffered a net loss of $414,000or $0.04 per share in Q1 2021, compared to $2,080,000 or $0.21 per share in Q1 2020.
    • In Q1 2021, net cash provided by operating activities was $234,000 compared to net cash used in operating activities of $842,000 in Q1 of 2020.

    Noncompliance Notice from NYSE 

    On April 7, 2021, Blonder Tongue Laboratories, Inc received notice from NYSE American LLC, stating that it is not in compliance with the continued listing standard outlined in Section 1003(a)(i) of the NYSE American Company Guide (the “Company Guide”). That section applies if a listed company has stockholders’ equity of less than $2 million and the listed company has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years.

    Conclusion

    The recent financial assistance could be the reason behind its good performance on Tuesday but we are not sure how long it can keep BDR stock surging so let’s see how it will perform in the coming days.

  • 26 stocks trending in pre-market

    ‎Bionano Genomics Inc. (BNGO) stock soared 13.81% to $2.39 in the pre-‎market ‎trading following an announcement from the firm that Nasdaq has granted the Company an ‎additional ‎‎180-day compliance period, or until June 28, 2021. The most recent rating by Ladenburg ‎Thalmann, on ‎September 24, 2020, is a Buy. ‎

    Before the trading started on December 31, 2020, fuboTV Inc. (FUBO) is down -‎‎‎2.43% to reach $32.5. It has been trading in a 52-week range of $5.00 to $62.29.‎

    ‎Guardion Health Sciences Inc. (NASDAQ: GHSI) shares are trading down -10.77% ‎at ‎‎$0.5247 at the time of writing. The firm lately revealed the appointment of Bret Scholtes as ‎its ‎President and Chief Executive Officer, and as a member of the Board of Directors. Company’s 52-‎week ‎ranged between $0.17 to $0.74.‎

    ‎Nxt-ID Inc. (NXTD) stock soared 7.1% to $1.81 in the pre-market trading. ‎The ‎most ‎recent rating by Maxim Group, on November 20, 2017, is a Buy.‎

    ‎Castor Maritime Inc. (CTRM) grew over 41.75% at $0.33 in pre-market trading ‎today ‎after receiving 180-day extension from Nasdaq to meet Nasdaq minimum bid price rule. ‎

    ‎Net Element Inc. (NASDAQ: NETE) shares are trading down -5.21% at $15.45 at ‎the ‎time of writing. Company’s 52-week ranged between $1.47 to $20.08. ‎

    ‎Sundial Growers Inc. (SNDL) stock moved down -1.36 percent to $0.4784 in the pre-‎‎market trading following the declaration from the company that it has closed the acquisition of ‎a ‎special purpose vehicle. ‎

    ‎Professional Diversity Network Inc. (IPDN) gained over 14.96% at $3.15 in pre-‎‎market trading Thursday December 31, 2020 after the firm revealed its partnership with ‎Phala ‎Network.‎

    ‎Marathon Patent Group Inc. (MARA) is up more than 7.63% at $11.71 in pre-‎market ‎hours Thursday December 31, 2020. The company recently revealed that it has entered into a ‎contract ‎with Bitmain to purchase 70,000 Antminer S-19 ASIC miners. The stock had dropped over -‎‎7.48% to ‎‎$10.88 in the last trading session.‎

    ‎Riot Blockchain Inc. (RIOT), a Software – Application company, rose about ‎‎4.92% ‎at ‎‎$18.11 in pre-market trading Thursday.‎

    ‎Nano Dimension Ltd. (NNDM) stock moved up 2.09 percent to $9.75 in the pre-‎‎market trading after closing $250 million registered direct offering.‎

    ‎AIkido Pharma Inc. (AIKI) gained over 33.72% at $1.15 in pre-‎‎market ‎trading ‎Thursday December 31, 2020.‎

    ‎Color Star Technology Co. Ltd. (NASDAQ: CSCW) shares are trading down -4.38% ‎at ‎‎$0.8032 at the time of writing after declaring strategic partnership with two UAE ‎companies. ‎Company’s 52-week ranged between $0.31 to $2.06.‎

    ‎IMAC Holdings Inc. (IMAC) stock moved down -4.08 percent to $1.41 in the pre-‎‎market trading after reporting completion of first infusion of Stem Cells in clinical study for ‎the ‎treatment of Bradykinesia due to Parkinson’s disease.‎

    ‎Ampio Pharmaceuticals Inc. (AMPE) stock soared 12.84% to $1.67 in the pre-‎market ‎trading. The firm recently revealed that it has received guidance from the U.S Food & ‎Drug ‎Administration regarding the impact of COVID-19 on its Phase III clinical trial for osteoarthritis of ‎the ‎knee. The most recent rating by ROTH Capital, on December 19, 2019, is a Buy.‎

    ‎Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) shares are trading up 5.76% ‎at ‎‎$49.4 at the time of writing after the company announced that it would develop a therapeutic spray ‎as ‎a candidate to treat the hereditary lung and digestive-system disease cystic fibrosis. Company’s 52-‎‎week ranged between $8.51 to $129.71. Analysts have a consensus price target of $69. ‎

    Before the trading started on December 31, 2020, Baidu Inc. (BIDU) is up ‎‎3.53% ‎to ‎reach $227.38. It has been trading in a 52-week range of $82.00 to $202.79.‎

    ‎Greenpro Capital Corp. (GRNQ) is up more than 3.11% at $1.99 in pre-market ‎hours ‎Thursday December 31, 2020. The company lately revealed that it intends to set up a Bitcoin ‎‎($BTC) ‎Fund for investment. The stock had jumped over 3.76% to $1.93 in the last trading session.‎

    ‎Onconova Therapeutics Inc. (ONTX) is down more than -3.79% at $0.49 in pre-‎‎market hours Thursday December 31, 2020. The stock had jumped over 18.88% to $0.51 in the ‎last ‎trading session.‎

    ‎JinkoSolar Holding Co. Ltd. (JKS) grew over 2.28% at $65.55 in pre-market ‎trading ‎today. The firm recently revealed annual general meeting 2020 ‎results.‎

    ‎Tonix Pharmaceuticals Holding Corp. (TNXP) lost over -2.76% at $0.6632 in pre-‎‎market trading Thursday December 31, 2020.‎

    ‎Osmotica Pharmaceuticals plc (OSMT) stock moved down -2.13 percent to $4.14 ‎in ‎the pre-market trading after declaring that the U.S. Food and Drug Administration (FDA) has ‎declined ‎to approve one of its products. ‎

    ‎Cinedigm Corp. (CIDM) is down more than -0.69% at $0.62 in pre-‎market ‎hours ‎Thursday December 31, 2020. The stock had dropped over -9.51% to $0.62 in the last ‎trading ‎session.‎

    ‎Novan Inc. (NOVN), a Biotechnology company, dropped about -7.71% at $0.969 ‎in ‎pre-market trading Thursday.‎

    Before the trading started on December 31, 2020, Canaan Inc. (CAN) is ‎up ‎‎25.57% ‎to ‎reach $5.5. It has been trading in a 52-week range of $1.76 to $8.69.‎

    ‎500.com Limited (WBAI) gained over 5.12% at $8.0 in pre-market trading ‎Thursday ‎December 31, 2020. The company recently declared that Mr. Zhaofu Tian has resigned as ‎Chief ‎Technology Officer of the Company due to personal reasons.‎

  • 31 stocks trending in pre-market

    31 stocks trending in pre-market

    NIO Limited (NIO) stock soared 2.95% to $42.19 in the pre-market trading following the pricing of offering of 68,000,000 American depositary shares. The most recent rating by Goldman, on December 01, 2020, is a Neutral. NIO Inc.

    Veru Inc. (NASDAQ: VERU) shares are trading up 7.17% at $10.39 at the time of writing after declaring positive Phase 2 clinical trial results for enobosarm, for the treatment of endocrine and chemotherapy resistant ER+/HER2- metastatic breast cancer, which was selected as a Spotlight Presentation at the 2020 San Antonio Breast Cancer Symposium. Company’s 52-week ranged between $2.10 to $7.86. Analysts have a consensus price target of $6.

    Occidental Petroleum Corporation (OXY) stock soared 2.45% to $19.64 in the pre-market trading. The most recent rating by MKM Partners, on December 07, 2020, is a Neutral.

    BioCardia Inc. (BCDA), a Biotechnology company, rose about 9.38% at $4.9 in pre-market trading Tuesday after reporting entry into definitive agreements with investors for the purchase and sale of 1,789,474 shares of its common stock at a purchase price of $4.75 per share in a registered direct offering priced at-the-market under Nasdaq rules.

    Genius Brands International Inc. (GNUS) gained over 15.85% at $2.12 in pre-market trading Tuesday December 15, 2020. The company recently revealed that it has secured a commitment to receive $100 million in cash on January 15, 2021 from New York-based Mudrick Capital Management as a result of a new first lien debt financing.

    Nikola Corporation (NKLA) is up more than 2.38% at $16.8 in pre-market hours Tuesday December 15, 2020. The stock had dropped over -6.87% to $16.41 in the last trading session.

    Virgin Galactic Holdings Inc. (SPCE) is up more than 2.83% at $27.22 in pre-market hours Tuesday December 15, 2020 following an update on test flight program. The stock had dropped over -17.38% to $26.47 in the last trading session.

    Before the trading started on December 15, 2020, Huntington Bancshares Incorporated (HBAN) is up 2.32% to reach $12.8 after reporting merger with TCF Financial Corporation to create top 10 U.S. regional bank. It has been trading in a 52-week range of $6.82 to $15.63.

    Plug Power Inc. (PLUG) stock soared 2.65% to $26.38 in the pre-market trading. The most recent rating by B. Riley Securities, on November 10, 2020, is a Buy.

    XPeng Inc. (NYSE: XPEV) shares are trading up 3.86% at $48.99 at the time of writing after its P7 super-long range sports sedan received car of the Year 2021 award in Xuanyuan Awards. Company’s 52-week ranged between $17.11 to $74.49. Analysts have a consensus price target of $58.

    AnPac Bio-Medical Science Co. Ltd. (ANPC), a Biotechnology company, dropped about -5.26% at $5.4 in pre-market trading Tuesday following the proclamation from the firm that it has made significant progress in detecting pre-cancer diseases.

    Yamana Gold Inc. (AUY) stock moved up 2.66 percent to $5.4 in the pre-market trading.

    Zynga Inc. (ZNGA) gained over 3.9% at $9.05 in pre-market trading Tuesday December 15, 2020 following the declaration of pricing of offering of $762 million of convertible senior notes.

    IZEA Worldwide Inc. (IZEA) is down more than -5.68% at $0.9243 in pre-market hours Tuesday December 15, 2020 after announcing that it has seen a surge of new customers in Q4 2020. The stock had jumped over 15.00% to $0.98 in the last trading session.

    Cameco Corporation (CCJ) grew over 3.16% at $13.7 in pre-market trading today.

    Before the trading started on December 15, 2020, HEXO Corp. (HEXO) is down -2.8% to reach $0.9817 after releasing its first quarter fiscal 2021 financial results. It has been trading in a 52-week range of $0.35 to $2.30.

    Nano Dimension Ltd. (NNDM) stock soared 1.8% to $6.77 in the pre-market trading. The most recent rating by Maxim Group, on October 21, 2016, is a Buy.

    Teligent Inc. (TLGT) tumbled over -3.53% at $0.78 in pre-market trading today.

    Synlogic Inc. (NASDAQ: SYBX) shares are trading down -5.51% at $2.4 at the time of writing following advancement of SYNB1891 to combination arm dosing with PD-L1 checkpoint inhibitor in the on-going phase 1 study for the treatment of solid tumors and lymphoma. Company’s 52-week ranged between $1.35 to $3.99.

    BioNTech SE (BNTX) stock soared 5.48% to $114.2 in the pre-market trading. The most recent rating by BofA Securities, on December 01, 2020, is a Neutral. Pfizer Inc. (PFE) and BioNTech SE (BNTX) recently declared additional data on neutralizing antibody and T cell responses from the Phase 1/2 trial with BNT162b2 conducted in Germany

    Torchlight Energy Resources Inc. (TRCH) tumbled over -12.14% at $0.543 in pre-market trading today.

    Seelos Therapeutics Inc. (SEEL) stock moved up 5.47 percent to $1.35 in the pre-market trading after revealing the sale of a $12.0 million senior secured convertible note and shares of Seelos common stock to investors.

    Bed Bath & Beyond Inc. (BBBY) gained over 4.35% at $19.69 in pre-market trading Tuesday December 15, 2020 following the declaration of definitive agreement to sell its remaining non-core banner Cost Plus World Market (CPWM) to Kingswood Capital Management, a Los Angeles-based private equity firm.

    Before the trading started on December 15, 2020, Aerpio Pharmaceuticals Inc. (ARPO) is down -3.33% to reach $1.16. It has been trading in a 52-week range of $0.42 to $2.31.

    Before the trading started on December 15, 2020, Energy Fuels Inc. (UUUU) is up 2.94% to reach $3.15 after reporting that it has entered into a three-year supply agreement with The Chemours Company (CC) to acquire a minimum of 2,500 tons per year of natural monazite sands. It has been trading in a 52-week range of $0.78 to $3.10.

    Uranium Energy Corp. (UEC) grew over 5.62% at $1.69 in pre-market trading today after filing fiscal 2021 Q1 quarterly report.

    MicroVision Inc. (MVIS), a Scientific & Technical Instruments company, rose about 5.43% at $3.3 in pre-market trading Tuesday.

    NovaBay Pharmaceuticals Inc. (NBY) is down more than -2.28% at $0.68 in pre-market hours Tuesday December 15, 2020 after reporting that its proprietary hypochlorous acid solution has received U.S. Environmental Protection Agency (EPA) approval for a kill claim against SARS-CoV-2, the virus that causes COVID-19. The stock had jumped over 0.86% to $0.70 in the last trading session.

    vTv Therapeutics Inc. (VTVT), a Biotechnology company, dropped about -10.44% at $2.66 in pre-market trading Tuesday after declaring a licensing agreement with Anteris Bio for worldwide rights to vTv’s novel clinical-stage Nrf2 activator compound, HPP971.

    Socket Mobile Inc. (NASDAQ: SCKT) shares are trading down -15.38% at $2.42 at the time of writing. Company’s 52-week ranged between $0.76 to $4.50.

    ArcelorMittal (MT) grew over 4.3% at $22.08 in pre-market trading today after announcing investment agreement with Invitalia, an Italian state-owned company.

  • What changed for these 30 stocks in Pre Market Session

    What changed for these 30 stocks in Pre Market Session

    Usio Inc. (USIO) stock soared 41.54% to $2.59 in the pre-market trading after declaring that it has entered into a non-binding Letter of Intent (LOI) to acquire the assets of Information Management Solutions, LLC (IMS).
    NeuroMetrix Inc. (NURO), a Medical Instruments & Supplies company, dropped about -8.03% at $2.75 in pre-market trading Wednesday.
    Cinedigm Corp. (CIDM) stock moved up 43.36 percent to $1.23 in the pre-market trading following a strategic alliance with Spherex to drive Cinedigm’s global growth.
    Recon Technology Ltd. (RCON) stock moved up 112.5 percent to $3.06 in the pre-market trading.
    Curis Inc. (NASDAQ: CRIS) shares are trading up 2.29% at $6.7 at the time of writing after revealing proposed public offering of common Stock. Company’s 52-week ranged between $0.62 to $3.59. Analysts have a consensus price target of $5.
    Gran Tierra Energy Inc. (GTE) lost over -7.04% at $0.355 in pre-market trading Wednesday December 09, 2020. The firm recently declared a financial update and the Company’s 2021 capital budget and production guidance.
    Aurora Cannabis Inc. (ACB) is down more than -0.94% at $10.5 in pre-market hours Wednesday December 09, 2020. The stock had jumped over 1.24% to $10.60 in the last trading session.
    Carnival Corporation & Plc (CCL) is up more than 2.76% at $24.22 in pre-market hours Wednesday December 09, 2020 following declaration of Cunard, a part of Carnival Corporation & plc (CCL), that it has extended its pause in operations due to the ongoing travel constraints in place across the world. The stock had jumped over 1.59% to $23.57 in the last trading session.
    Before the trading started on December 09, 2020, Occidental Petroleum Corporation (OXY) is up 2.56% to reach $19.62 after reporting upsize of previously announced cash tender offers and consent solicitations for certain of its senior notes. It has been trading in a 52-week range of $8.52 to $47.58.
    Virgin Galactic Holdings Inc. (SPCE) stock soared 2.55% to $34.24 in the pre-market trading. The most recent rating by Goldman, on October 23, 2020, is a Neutral.
    Eastman Kodak Company (NYSE: KODK) shares are trading down -4.04% at $10.7 at the time of writing after getting clean chit from U.S government regarding a government loan. Company’s 52-week ranged between $1.50 to $60.00.
    Moderna Inc. (MRNA) grew over 3.38% at $175.6 in pre-market trading today after declaring that the Swiss Federal Government has increased its confirmed order commitment from 4.5 million to 7.5 million doses of Moderna’s vaccine candidate against COVID-19, mRNA-1273.
    Riot Blockchain Inc. (RIOT), a Software – Application company, dropped about -5.78% at $9.3 in pre-market trading Wednesday.
    Norwegian Cruise Line Holdings Ltd. (NCLH), a Travel Services company, rose about 1.95% at $28.7 in pre-market trading Wednesday after announcing partnership with AtmosAir Solutions.
    XPeng Inc. (XPEV) stock moved down -3.72 percent to $46.88 in the pre-market trading following the pricing of follow-on public offering of American depositary shares.
    Cinemark Holdings Inc. (CNK) stock soared 2.26% to $15.36 in the pre-market trading. The most recent rating by Loop Capital, on November 19, 2020, is a Hold.
    Before the trading started on December 09, 2020, Tonix Pharmaceuticals Holding Corp. (TNXP) is up 0.15% to reach $0.65 after declaring results of positive phase 3 RELIEF study for TNX-102 SL 5.6 mg in Fibromyalgia. It has been trading in a 52-week range of $0.39 to $2.46.
    CBAK Energy Technology Inc. (NASDAQ: CBAT) shares are trading up 3.3% at $5.95 at the time of writing following the publication of securities purchase agreement with certain institutional investors for a registered direct placement of approximately $49.2 million of common stock at a price of $5.18 per share. Company’s 52-week ranged between $0.36 to $11.40.
    Jaguar Health Inc. (NASDAQ: JAGX) shares are trading down -4.84% at $0.3798 at the time of writing. Company’s 52-week ranged between $0.19 to $1.08. Analysts have a consensus price target of $2.
    United Airlines Holdings Inc. (UAL) grew over 1.88% at $49.96 in pre-market trading today after launching virtual, on demand customer service at the airport.
    GameStop Corp. (GME) is down more than -17.59% at $13.96 in pre-market hours Wednesday December 09, 2020 after releasing results for the third quarter ended October 31, 2020. The stock had jumped over 3.61% to $16.94 in the last trading session.
    Before the trading started on December 09, 2020, ADMA Biologics Inc. (ADMA) is up 4.31% to reach $2.18. It has been trading in a 52-week range of $1.45 to $4.65.
    Before the trading started on December 09, 2020, HEXO Corp. (HEXO) is down -2.91% to reach $1.0. The firm recently reported downward revision to its proposed share consolidation ratio. It has been trading in a 52-week range of $0.35 to $2.30.
    United Microelectronics Corporation (UMC) is up more than 1.37% at $8.88 in pre-market hours Wednesday December 09, 2020 afterreporting unaudited net sales for the month of November 2020. The stock had dropped over -3.10% to $8.76 in the last trading session.
    Apache Corporation (NASDAQ: APA) shares are trading up 1.08% at $14.92 at the time of writing following the board of directors of Apache Corporation (APA) has declared a regular cash dividend on the company’s common shares. Company’s 52-week ranged between $3.80 to $33.77. Analysts have a consensus price target of $16.
    Phunware Inc. (PHUN) stock moved down -3.28 percent to $0.81 in the pre-market trading after revealing its receipt of the Privacy Shield certification.
    Sorrento Therapeutics Inc. (SRNE) stock soared 9.62% to $8.66 in the pre-market trading after declaring that it has received CLIA Licensure from the State of California that permits testing of clinical samples. The most recent rating by H.C. Wainwright, on July 31, 2020, is a Buy.
    Sesen Bio Inc. (SESN) gained over 5.42% at $1.75 in pre-market trading Wednesday December 09, 2020 following the announcement of commercial manufacturing and global supply partnership with Qilu Pharmaceutical.
    Before the trading started on December 09, 2020, Futu Holdings Limited (FUTU) is up 2.27% to reach $44.61 after reporting that a leading global investment firm has agreed to purchase approximately 50,000,000 Class A ordinary shares of the Company in the form of prepaid warrants for an aggregate purchase price of approximately US$260,000,000. It has been trading in a 52-week range of $8.16 to $51.10.
    Westwater Resources Inc. (WWR) stock soared 3.87% to $5.63 in the pre-market trading. The company recently provided an update on progress at its pilot plant operations at Dorfner Anzaplan’s facilities near Amberg, Germany, as well as at facilities in Frankfort, Germany, Chicago, Illinois, and Buffalo, New York.

  • Blonder Tongue Receives U.S. Patent Grant For DMM Series Of Products

    Blonder Tongue Laboratories, Inc. (AMEX: BDR) has announced that the US Patent and Trademark Office has granted the company a patent no. US10,805,660, for certain technologies within the DOCSIS Data (DMM) series of products of Blonder Tongue.

    Blonder Tongue’s DMM series of products are currently being installed at various enterprise locations such as healthcare, sports venues, educational and financial institutions by Telecommunications, cable, television, and IP market distribution companies to receive, process, and distribute data, video, and audio content.

    The 660 patented technology of the company is being used to solve the service operator issues relating to the ability to simultaneously deliver traditional live TV entertainment service along with on-demand-based Over-The-Top (OTT) TV entertainment service, wireline-based data, and telephony services. This technology is also used to deliver wireless-based data and telephony services.

    Furthermore, Blonder Tongue Laboratories not only solve the problems related to concurrency but also provide a cleaner and more secure solutions. Its technology is based on the major hospitality brands’ standards for separable video, telephony, and data service delivery.

    Blonder Tongue Laboratories, Inc. (AMEX: BDR) shares were trading up 34.04% at $1.50 at the time of writing on Tuesday. Blonder Tongue Laboratories Inc. (AMEX: BDR) share price went from a low point around $0.38 to briefly over $3.80 in the past 52 weeks, though shares have since pulled back to $1.50. It has moved up 294.74% from its 52-weeks low and moved down -60.53% from its 52-weeks high. BDR market cap has remained high, hitting $13.22M at the time of writing.

    Blonder Laboratories earlier revealed that it has received the patent US10,785,829, for certain technologies within Blonder Tongue’s NeXgen Gateway (NXG) video delivery platform. from the US Patent and Trademark office.

  • 15 Best Communication Equipment Industry Stocks You Should Add In Your Portfolio

    15 Best Communication Equipment Industry Stocks You Should Add In Your Portfolio

    The Communication Equipment industry is engaged in the making of telecommunication equipment for various companies. This industry is involved in the manufacturing of those products which facilitates the people and helps them to communicate with each other. This industry has a diverse customer base. Competition between the companies in the communication equipment industry is intense. Communication Equipment Industry has experienced a period of healthy growth in the recent few years. However, the condition changed in 2020.

    The demand oof communication equipment continuously increasing this year as an ongoing pandemic forced people to stay at home and work from home. So, the demand for communication equipment also increasing in 2020. Companies in this industry are offering television (TV) signal encoding, transcoding, digital transport, and broadband product solutions, and some companies are involved in the selling of Internet Protocol-based networking and other products related to the communications and information technology industry.

    Here are the top 15 companies in the Communication Equipment Industry that need your attention:

    Blonder Tongue Laboratories Inc. (AMEX: BDR)

    Blonder Tongue Laboratories Inc. (AMEX: BDR) shares were trading up 34.04% at $1.50 at the time of writing on Tuesday. Blonder Tongue Laboratories Inc. (AMEX: BDR) share price went from a low point around $0.38 to briefly over $3.80 in the past 52 weeks, though shares have since pulled back to $1.50.

    This company has announced that the US Patent and Trademark Office (USPTO) has issued a patent, US10,805,660, for certain technologies within Blonder Tongue’s DOCSIS Data (DMM) series of products. BDR market cap has remained high, hitting $13.22M at the time of writing, giving it a price-to-sales ratio of more than 0.

    Cisco Systems Inc. (NASDAQ: CSCO)

    Cisco Systems Inc. (NASDAQ: CSCO) last closed at $39.81, in a 52-week range of $32.40 to $50.28. Analysts have a consensus price target of $48.17. Cisco Systems Inc. (CSCO), Qwilt, and Digital Alpha (DA) revealed earlier that how together they are disrupting the commercial Content Delivery Network (CDN) market with a new as-a-service offering based on Open Caching, with BT as the flagship customer.

    Nokia Corporation (NYSE: NOK)

    Nokia Corporation (NYSE: NOK) stock soar by 0.25% to $4.04. The most recent rating by Raymond James, on September 08, 2020, is at an Mkt perform. Nokia Corporation (NOK) and Spark New Zealand has announced the launch of 5G in Auckland. Powered by Nokia, Spark’s 5G radio network goes live to coincide with a major international sailing event. NOK market cap has remained high, hitting $22.15 Billion at the time of writing.

    Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC)

    Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC) shares headed falling, lower as much as -1.20% after Invitation to media and analyst briefing for Ericsson Q3 2020 report. The most recent rating by Cowen, on March 30, 2020, is at an Outperform. Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC) market capitalization has remained high, hitting $35.75 billion at the time of writing.

    Hewlett Packard Enterprise Company (NYSE: HPE)

    Hewlett Packard Enterprise Company (NYSE: HPE) fall -1.51% after losing more than -$0.15 on Tuesday. The Edge Opportunity Is Real, Yet Organizations Cite Hurdles to Unlocking Its Full Potential. Hewlett Packard Enterprise Company (HPE) earlier revealed that it is delivering the highest level of security for a growing number of U.S. federal and public sector customers that prefer U.S. sourced products with verifiable cyber assurance by expanding and further securing its supply chain.

    CommScope Holding Company Inc. (COMM)

    CommScope Holding Company Inc. (COMM) last closed at $8.98, in a 52-week range of $5.50 to $15.79. CommScope High-Density Remote PHY Shelf Selected by Comcast for Distributed Access Architecture Transformation. Analysts have a consensus price target of $13.21. CommScope Holding Company Inc. (COMM) has moved up 63.27% from its 52-weeks low and moved down -43.13% from its 52-weeks high. COMM market capitalization has remained high, hitting $1.82 billion at the time of writing.

    Sonim Technologies Inc. (SONM)

    Sonim Technologies Inc. (SONM) stock drop by -2.47% to $0.67 after New Sonim SOS App Delivers Powerful Safety-First Capabilities to Ultra-Rugged Devices. The most recent rating by Oppenheimer, on October 31, 2019, is at a Perform. Sonim Technologies Inc. (SONM) has moved up 33.64% from its 52-weeks low and moved down -82.95% from its 52-weeks high. SONM market capitalization has remained high, hitting $44.94 Million at the time of writing.

    Viavi Solutions Inc. (NASDAQ: VIAV)

    Viavi Solutions Inc. (NASDAQ: VIAV) shares headed falling, lower as much as -3.19%. The most recent rating by JP Morgan, on June 01, 2020, is at an Overweight. Viavi Solutions Inc. (VIAV) is scheduled to announce its fiscal first quarter 2021 financial results for the period ended October 3, 2020, on Thursday, November 5, 2020, after the close of market.

    Juniper Networks Inc. (NYSE: JNPR)

    Juniper Networks Inc. (NYSE: JNPR) fall -1.28% after losing more than -$0.29 on Tuesday. Juniper Networks Inc. (JNPR) announced today that it has been selected by Telefónica Spain, a leading global service provider, to secure the mobile backhaul of its growing 5G network. This company has a total market capitalization of $7.40 billion at the time of writing.

    Ciena Corporation (NYSE: CIEN)

    Ciena Corporation (NYSE: CIEN) last closed at $41.68, in a 52-week range of $30.58 to $61.51. Analysts have a consensus price target of $53.06. Ciena Corporation (CIEN) has moved up 36.30% from its 52-weeks low and moved down -32.24% from its 52-weeks high. CIEN market capitalization has remained high, hitting $6.33 Billion at the time of writing.

    Knowles Corporation (NYSE: KN)

    Knowles Corporation (NYSE: KN) Shares headed falling, lower as much as -0.91% after Knowles Announces Preliminary Third Quarter 2020 Revenue Above High End of Guidance Range and Sets Date for Q3 Earnings Call. The most recent rating by Craig Hallum, on September 04, 2020, is at a Buy.

    Maxar Technologies Inc. (NYSE: MAXR)

    Maxar Technologies Inc. (NYSE: MAXR) stock soar by 3.69% to $29.80 after Genasys Inc. Announces Record Fiscal Year Domestic Law Enforcement Sales. The most recent rating by TD Securities, on August 06, 2020, is at a Buy. Maxar Technologies Inc. (MAXR) has a current ratio of 0.90.  It has a total market capitalization of $1.80 billion at the time of writing.

    Boxlight Corporation (NASDAQ: BOXL)

    Boxlight Corporation (NASDAQ: BOXL) stock drop by -1.18% to $1.68. The most recent rating by National Securities, on May 19, 2020, is at a Buy. Boxlight Corporation (BOXL) has earlier announced the acquisition of Sahara Presentation Systems PLC, a leader in distributed and manufactured AV solutions. The total purchase price was GBP 74,000,000 (approximately USD 94,900,000) in the form of GBP 52,000,000 (approximately USD 66,700,000) cash and GBP 22,000,000 (approximately USD 28,200,000) preferred stock.

    Inseego Corp. (NASDAQ: INSG)

    Inseego Corp. (NASDAQ: INSG) fall -1.06% after losing more than -$0.1 on Tuesday. Inseego Corp. (INSG) revealed that its Board of Directors approved an increase in the number of authorized directors on the Board from five to six and named Christopher Lytle to the Board to fill the newly created directorship, effective October 1, 2020.

    Vislink Technologies Inc. (NASDAQ: VISL)

    Vislink Technologies Inc. (NASDAQ: VISL) last closed at $1.38, in a 52-week range of $0.66 to $8.94. Vislink Technologies Inc. (VISL) revealed earlier the retainment of KCSA Strategic Communications (KCSA) to develop comprehensive strategic communications and investor-focused program to increase awareness of Vislink and communicate its mission of reliable connectivity to its stakeholders and the marketplace.

     

     

  • Stocks to Watch as Fears of a Renewed China/U.S Trade War Dampens Markets

    Stocks to Watch as Fears of a Renewed China/U.S Trade War Dampens Markets

    The U.S. markets are headed for a weak start following renewed trade tensions between the U.S and China. President Trump has said that he canceled the weekend trade talks with China and added that he was not willing to talk to China right now. At the same time, the U.S government has warned American universities against the continued investment of endowment funds in Chinese stocks.

    The administration told Universities that with more stringent measures against Chinese stocks coming, there was a risk that these stocks could be delisted wholesale from American exchanges. These moves by the U.S government have renewed fears that the February trade deal that led to a period of calm in trade between the two countries could be broken.

    This also comes at a time when the world economy is still reeling from the effects of the COVID-19 pandemic. Despite the current market situation, there are stocks that are in the green pre-market. Some of the top performers ahead of markets are as below:

    Hudson Ltd [NYSE: HUD]

    Hudson Ltd is a top performer this morning and is up by 46.20%.  This follows the company’s announcement of the acquisition of all outstanding shares by Dufry AG Group. Dufry already controls 57.4% of all the shares in the company. Under the agreement, Dufry will buy the remaining shares at $7.70, which is 50.1% of the price that Hudson was trading at in yesterday’s session.

    Commenting on the deal, Hudson CEO Roger Fordyce stated that while the acquisition would reorganize the ownership structure, the integration that will follow will help the company better execute its business strategy. He added that the company’s strategy has not changed and that it would continue to put emphasis on its key business pillars. The deal will be subject to approval by the other Hudson shareholders.

    9 Meters Biopharma [NASDAQ:NMTR]

    9 Meters Biopharma is another top performer this morning and is up by 32% pre-market. This is a pure price action driven move, pushed by the updates from the Truist Securities Catalyst Conference call that happened yesterday.

    Last week, the company had provided an update on the Phase 1b/2a trial for its potential treatment for short bowel syndrome. The company stated that it had done amendments to the primary endpoint for its phase 3 trial and that it was expecting multiple points of inflection in the next 18 months.

    Blonder Tongue Laboratories Inc [NYSE:BDR]

    Blonder Tongue Laboratories Inc is another top performer this morning and is up by 26%. This increased momentum comes days after the company announced that it had appointed Rick Briggs as a director. The company stated that Briggs was bringing in more than 3 decades of experience in developing tech solutions. It will be interesting to see how its current price action will play out in the day.