Tag: GRIL Stock

  • Why Muscle Maker Inc. (GRIL) stock Became Bullish After Hours?

    On March 02, 2022, Muscle Maker Inc. (GRIL) rebounded in the after-hours and entered a bullish trend. There is no recent official announcement or SEC filing from the company to explain the bullish turn.

    Source: RCB Bank

    The stock remained in the red during the regular session with a loss of 9.46% as 12.15 million shares traded hands. After varying between $0.4600 and $0.6500, GRIL closed the session at a value of $0.4671 per share. Following the downfall, the stock made a comeback in the after-hours and added 7.04%. Hence, the stock was trading at a price of $0.5000 per share in the after-hours on Wednesday.

    The restaurant chain business operator, Muscle Maker Inc. was founded in 1995. Based in League City, TX, the company has a market capitalization of $20.59 million. Currently, the company has 39.91 million shares outstanding in the market.

    GRIL stock Movement

    On February 24, as the stock market suffered a blow due to the escalation of the Russia-Ukraine conflict, GRIL also saw a downfall. Like most of the stocks, GRIL reached a new low of $0.3800 on February 24. Following this, the stock had been somewhat stagnant with no significant change. Volume started building up on Tuesday while the stock still remained pretty much unchanged. On Wednesday, the stock traded at a heavy volume of 1,184% of its average. While there was no official reason, the stock suffered a downfall initially which was followed by a comeback in the after hours. It seems the stock was moving on external factors like social media discussions and stock sentiment.

    In the past five days, GRIL has added 9.19% while losing 35.13% year to date. The stock subtracted a value of 79.24% last year.

    Company News

    On February 16, the company announced the opening of the first Florida location of its subsidiary, Pokemoto. Pokemoto opened the first Florida non-traditional ghost kitchen location in Miami Beach. The kitchen will have kiosks for direct ordering as well as service delivery orders through third-party apps.

    Moreover, Pokemoto is set to open five additional locations in the Florida market in Miami, Lee and Collier counties, and Jacksonville Florida.

    On February 07, the company had announced a new franchise agreement of Pokemoto in Connecticut. The new addition increased Pokemoto’s Connecticut locations to 15.

    GRIL acquired Pokemoto in May 2021 which currently has nineteen open locations in six states. Since its acquisition, Pokemoto division has expanded over 300%.

  • Why Muscle Maker (GRIL) Stock Is Soaring Today?

    Why Muscle Maker (GRIL) Stock Is Soaring Today?

    At last check, shares of Muscle Maker Inc. (GRIL) were gaining traction in the current market session today gaining more than 2.59% to trade at $0.53. Muscle Maker stock closed the last session at $0.52, decreasing -5.09% or -$0.03. Shares of the GRIL stock fluctuated between $0.5101 and $0.55 throughout the day. The number of shares of GRIL stock exchanged on the day was 1.07 million, less than the company’s 50-day daily volume of 1.52 million and lower than its Year to date volume of 1.08 million.

    In the past 12 months, Muscle Maker (GRIL) stock has retreated -72.38%, and in the last one week, the stock has moved down -15.87%. For the last six months, the stock has lost a total of -56.86%, and over the last three months, the stock has decreased by -49.32%. The GRIL stock has returned -27.51% so far this year. GRIL stock jumped following a couple of collaboration moves.

    What moves Muscle Maker has made?

    Muscle Maker is the parent organization of “better for you” brands conveying top-notch quality food choices to buyers. GRIL gives those choices through conventional and forward-thinking areas like army installations, colleges, phantom kitchens, conveyance, and direct-to-customer instant supper prep choices. GRIL Brands incorporate Muscle Maker Grill, Pokemoto, Superfit Foods, Healthy Joe’s, and various phantom kitchen brands.

    The freshest auxiliary of Muscle Maker (GRIL), Pokemoto today reported it has consented to two extra establishment arrangements in the Mississippi market. These two new arrangements bring the absolute of new establishment and improvement arrangements endorsed by Pokemoto to 27 since November 2021.

    • These 27 arrangements, once opened, alongside previously opening 6 new Pokemoto areas since the chain was obtained in May 2021, addresses a Pokemoto division development pace of more than 250%.
    • n this equivalent time span, GRIL additionally marked a 40-unit Muscle Maker Grill café improvement understanding in Saudi Arabia filling the organization’s global pipeline.
    • The two new Mississippi establishment arrangements will be situated in the Jackson, Mississippi market.
    • The land group of GRIL auxiliary will zero in its endeavors on thickly populated exchange regions with a huge presence of Millennials and Gen-Zs.
    • The two Jackson areas will supplement the forthcoming Oxford, Mississippi area in developing brand mindfulness in the province of Mississippi.

    What GRIL is eyeing on?

    Muscle Maker (GRIL) endeavors to develop through diversifying and key corporately claimed store extension and presently it is at 27 recently consented to Pokemoto arrangements, a 40-unit advancement understanding for Muscle Maker Grill cafés and different corporate areas under development or arranging stages. As of late added prepared establishment deals and preparing groups have added more fire capacity to the GRIL foundation permitting it to fuel extension plans.

  • Muscle Maker, Inc. (GRIL) Stock Rallying in Aftermarket, Here’s the Reason

    Muscle Maker, Inc. (GRIL) Stock Rallying in Aftermarket, Here’s the Reason

    Muscle Maker, Inc. (GRIL), a company owning, operating, and franchising Muscle Maker Grill and Healthy Joe’s restaurants, has gained an increase of 6.25% in aftermarket trading session. Consequently, GRIL stock is trading at $1.19 at the time of the writing. The new 12-month price estimate of the stock presented by some websites has served as a stimulant for this surge. On Friday, GRIL closed the day at $1.12 after declining 2.61% in regular trading hours. Let’s discuss some recent developments related to GRIL stock.

    GRIL Definitive Agreement

    On Thursday, GRIL announced that it had entered into a definitive agreement with US institutional investors for a private placement of 6,772,000 shares of common stock with the warrants to purchase 6,772,000 shares of common stock. Besides, the agreement also deals with 4,058,305 pre-funded warrants. Each pre-funded warrant was excisable for one share of common stock, together with Common Warrants to purchase up to 4,058,305 shares of common stock. The Private Placement was expected to close on or about November 22, 2021.

    Q3 2021 Financial Results

    On 15th November, GRIL released the financial results for the third quarter of the fiscal year 2021. The quarter ended on 30th September 2021. The company had $3.61 million in terms of cash on 30th September 2021. The total revenue generated by the company during the period was $3.35 million against $1.15 million for the same period of 2020. The total costs and expenses for the period were $4.98 million against $1.88 million for the same period of 2020. The net loss bore by the company during the quarter was $0.43 million against $0.66 million for the same quarter of 2020. The net loss per basic and diluted share for the quarter was $0.02 against $0.09 for the same quarter of 2020.

    Executive Commentary

    Spanos Stephen Andrew, Director of GRIL, while commenting on the results said that the company has depicted a tremendous performance during the quarter. For him, the healthy-inspired restaurant concept delivers a highly differentiated customer experience. He hoped that the company would be able to mimic, and even further improve, the performance it has depicted during the quarter.

    Future Outlook for GRIL Stock

    A closer look a statistics reveals that GRIL stock has not experienced much volatility during the last few months. Analysts believe that the GRIL is in a good position to leave a mark on the market in near future. Hence, potential investors should keep a close eye on fluctuations in GRIL stock.

  • Muscle Maker, Inc. (GRIL) stock plunged in the recent trading session: here’s why

    Muscle Maker, Inc. (GRIL) stock plunged in the recent trading session: here’s why

    Muscle Maker Inc. (GRIL) stock recently traded at $2.21 which is a %9.05 downward movement. The GRIL stock previously closed at $2.43.

    The recent negative movement in the GRIL stock price comes adjacent to the news of the Meal Planner Company announcing the merger of Superfit Foods, LLC.

    What kind of company is Muscle Maker Grill?

    Muscle Maker Grill is a fitness and diet-based healthy food serving company. It is a unique concept of a prepared meal plan company that specializes in all assortments of lean and protein-based food. The customers targeted are usually fitness and diet-oriented who are given freshly prepared customized meals of their liking. Muscle Maker Inc. has two subsidiaries known by the name of Muscle Maker Grill and Muscle Maker Corp, LLC.

    These meals contain all-natural foods that range from whole wheat pasta, wraps, steaks, turkey, chicken, and a lot more. It offers a similar healthy range of ingredients in its smoothies and shakes. To capture the health and fitness market it diversifies its product offering by including protein powder and supplements.

    Muscle Maker Grill’s operational expansion

    Muscle Maker Grill has recently partnered with Happy Meal Prep to deliver its prepared meals right to the doors of the customers. GRIL has recently launched “healthier for you” means that it wants to market through this partnership.

    Now, GRIL stock has acquired SuperFit Foods which is also a unique meal prep business. SuperFit Foods produced over 220,000 meals in 2020. The average revenue per order for SuperFit Foods is $81.70 and the overall business has grown by double-digit percentages since its startup. MMG will release the specifics of the definitive agreement in 8k which will include the stock and cash transactional value.

    SuperFit Foods’ and Muscle Maker Grill’s unique business model match perfectly!

    SuperFit Foods is a good-fit for GRIL stock due to its unique subscription-based business model. The customers can order their customized meals via the company’s app or website. Furthermore, its innovative model allows for customers to conveniently pick up their fully-prepared meal or juices from refrigerators/coolers in any of the 28 partner gyms and wellness centers. Apart from that, customers can avail of home delivery or shipping anywhere in the USA.

    Muscle Maker Grill can align the same “healthier for you” marketing strategy, expand it through the acquired SuperFit Foods’ business channel and its partnerships with the fitness centers/gyms. Muscle Maker Inc. is aggressively expanding its operational base by opening up an online business platform, opening ghost kitchens, acquiring and partnering with other meal-preparing companies.

    Overall outlook for GRIL stock

    MMG’s CEO Mike Roper believes that the market of meal prep is vast but fragmented. This statement is reflected by the total market evaluation of the meal prep business which was $7.6 billion in 2019. Furthermore, the market is expected to expand by an annual growth rate of 12.8% from 2020 to 2027. MMG has intentions of evaluating other companies in the future to expand its operational basis and capture a wider market. This outlook bears good news for the long-term investors looking to buy into the GRIL stock.

  • Market Movers: What changed for these 45 stocks while you were sleeping

    FuelCell Energy Inc. (FCEL) stock soared 7.34% to $4.02 in the pre-market trading. The most recent rating by JP Morgan, on October 08, 2020, is Overweight.

    Blink Charging Co. (NASDAQ: BLNK) shares are trading up 5.5% at $12.86 at the time of writing after the company introduction of its innovative Cable Management Solution for use with both new Blinks charging stations and retrofit installations of its IQ 200 charging stations. Blink’s 52-week range was noted as $1.25 to $14.58.

    Canaan Inc. (CAN) grew over 6.38% at $3.5 in pre-market trading today after the announced its third-quarter earnings results.

    Zomedica Pharmaceuticals Corp. (ZOM), a Drug Manufacturers – Specialty & Generic company, rose about 6.25% at $0.119 in pre-market trading Tuesday.

    American Resources Corporation (AREC) stock moved up 6.17 percent to $1.72 in the pre-market trading after the company announced that Mark Jensen, Chairman, and CEO of American Resources Corporation was chosen to attend the Proactive ONE2ONE Strategic Metals Supply Chain Investor Forum on Tuesday, November 10, 2020, at 1:00 PM ET.

    Li Auto Inc. (LI) gained over 6.78% at $37.96 in pre-market trading Tuesday 17 November 2020 after the company announced an upbeat Earnings result.

    Anworth Mortgage Asset Corporation (ANH) is up more than 5.42% at $2.14 in pre-market hours Tuesday 17 November 2020 after the announcement by the company that in accordance with the terms of Anworth’s 8.625% Series A Cumulative Preferred stock, the board of directors declared a Series A Preferred Stock dividend of $0.539063 per share for the fourth quarter of 2020. The stock had jumped over 11.54% to $2.03 in the last trading session.

    Before the trading started on 17 November 2020, Kandi Technologies Group Inc. (KNDI) is up 4.74% to reach $8.4 as the report arrives that it closed a registered direct offering of 9,404,392 units of its securities at a purchase price per Unit of $6.38, generating aggregate gross proceeds to the Company of approximately $60,000,000, before deducting fees to the placement agent and other estimated offering expenses payable by the Company. It has been trading in a 52-week range of $2.17 to $17.40.

    New Concept Energy Inc. (GBR) stock soared 16.48% to $2.12 in the pre-market trading following the announcement of the company’s Q3 2020, fiscal results.

    Vaxart Inc. (NASDAQ: VXRT) shares are trading up 7.36% at $5.98 at the time of writing. The company’s 52-week range was noted as $0.27 to $17.49 as the company said it is hosting a key opinion leader panel call for investors. Analysts have a consensus price target of $17.

    Platinum Group Metals Ltd. (PLG) grew over 3.54% at $2.05 in pre-market trading today.

    Muscle Maker Inc. (GRIL), a Restaurant company, rose about 2.94% at $2.1 in pre-market trading Tuesday after the company announced the launch of its online meal plan delivery service platform.

    Sasol Limited (SSL) stock moved up 3.73 percent to $7.51 in the pre-market trading after the company announced the beneficial operation of the Louisiana low-density polyethylene unit.

    Ocean Power Technologies Inc. (OPTT) gained over 2.23% at $1.83 in pre-market trading Tuesday 17 November 2020 after the company announced receipt of a DeepStar project award to study the deployment and operational requirements of utilizing OPT’s PB3 PowerBuoy to provide remotely controllable zero-carbon power for deepwater subsea oil production applications.

    Waitr Holdings Inc. (WTRH) is up more than 3.26% at $2.85 in pre-market hours Tuesday 17 November 2020 after the company earnings beat analysts’ expectations. The stock had jumped over 5.34% to $2.76 in the last trading session.

    Before the trading started on 17 November 2020, XPeng Inc. (XPEV) is up 6.33% to reach $46.89 after the company announced upbeat operating and financial results as a Public Company. It has been trading in a 52-week range of $17.11 to $51.27.

    Sequans Communications S.A. (SQNS) stock soared 15.84% to $5.34 in pre-market trading. The most recent rating by B. Riley FBR, on May 18, 2020, is a Buy.

    Live Oak Bancshares Inc. (NASDAQ: LOB) shares are trading up 3.51% at $46.89 at the time of writing. The company’s 52-week range was noted as $7.57 to $43.95. Analysts have a consensus price target of $42.

    Yunhong CTI Ltd. (CTIB) grew over 27.62% at $2.31 in pre-market trading today after the company announced production capacity expansion at its lake Barrington, Illinois facility to meet increased customer demand.
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    Neptune Wellness Solutions Inc. (NEPT), a Drug Manufacturers – Specialty & Generic company, rose about 15.71% at $2.21 in pre-market trading Tuesday after the firm received Over US$100 million in purchase orders.

    Gevo Inc. (GEVO) stock moved up 6.8 percent to $1.1 in the pre-market trading after the company posted Q3 results.

    So-Young International Inc. (SY) gained over 5.0% at $14.28 in pre-market trading Tuesday 17 November 2020 after the company said that it will report third-quarter 2020 financial results on November 25, 2020.

    Sequential Brands Group Inc. (SQBG) is up more than 41.84% at $10.0 in pre-market hours Tuesday 17 November 2020. The stock had jumped over 2.92% to $7.05 in the last trading session as the company announced its Q3, 2020 Earnings results.

    Before the trading started on 17 November 2020, MICT Inc. (MICT) is up 4.55% to reach $1.61. It has been trading in a 52-week range of $0.44 to $8.45.

    The Macerich Company (MAC) stock plunged -0.11% to $9.03 in the pre-market trading after the company’s announcement of its earnings results. The most recent rating by Morgan Stanley, on September 14, 2020, is an Underweight.

    Aphria Inc. (NASDAQ: APHA)c shares are trading down 0.0% at $5.8 at the time of writing after the company announced that its management will host a fireside chat discussion at the Jefferies Virtual London Healthcare Conference on Wednesday, November 18, 2020, at 9:05 a.m. ET. The company’s 52-week range was noted as $1.95 to $6.44.

    NIO Limited (NIO) grew over 3.23% at $47.05 in pre-market trading today as the company is set to announce its earnings results.

    BIO-key International Inc. (BKYI), a Security & Protection Services company, rose about 6.32% at $0.444 in pre-market trading Tuesday following the announcement of its quarterly earnings results.

    ObsEva SA (OBSV) stock moved up 6.64 percent to $2.25 in the pre-market trading as the company reported positive topline results of the PROLONG proof-of-concept trial of ebopiprant for treatment of preterm labor.

    Schrodinger Inc. (SDGR) gained over 5.29% at $61.9 in pre-market trading Tuesday 17 November 2020 as the company revealed third fiscal quarter results and business update.

    Lexicon Pharmaceuticals Inc. (LXRX) is up more than 51.16% at $1.95 in pre-market hours Tuesday 17 November 2020 after the company announced its participation in the Stifel 2020 Virtual Healthcare Conference on Wednesday, November 18, 2020. The stock had jumped over 1.57% to $1.29 in the last trading session.

    Before the trading started on 17 November 2020, JOYY Inc. (YY) is up 7.76% to reach $103.0 after the report that Baidu has acquired JOYY for $3.6 billion. It has been trading in a 52-week range of $41.33 to $104.17.

    Bristol-Myers Squibb Company (BMY) stock soared 2.82% to $66.32 in the pre-market trading after Bristol Myers Squibb offered a regulatory update on Lisocabtagene Maraleucel. The most recent rating by Societe Generale, on November 16, 2020, is a Buy.

    Phio Pharmaceuticals Corp. (NASDAQ: PHIO) shares are trading up 5.33% at $2.37 at the time of writing as the firm announced Q3 earnings results and business update. The company’s 52-week range was noted as $1.60 to $13.69. Analysts have a consensus price target of $4.

    PG&E Corporation (PCG) grew over 2.95% at $11.88 in pre-market trading today after the announcement made by the company that CEO Jeff Ramson will join a panel at the Virtual Fall Investor Summit taking place on November 16- 18, 2020.

    strong>Niu Technologies (NIU), an Auto Manufacturers company, rose about 4.52% at $34.47 in pre-market trading Tuesday.

    Avinger Inc. (AVGR) stock moved up 3.87 percent to $0.2789 in the pre-market trading after the company posted Q3 results.

    T-Mobile US Inc. (TMUS) gained over 3.23% at $132.8 in pre-market trading Tuesday 17 November 2020 after the report that Peter Osvaldik, executive vice president & chief financial officer, Neville Ray, president of technology, and Matt Staneff, executive vice president & chief marketing officer of T-Mobile US, Inc. (NASDAQ: TMUS), will present and provide a business update on Thursday, November 19, 2020, at 1:20 p.m. Eastern Time (ET) at the Morgan Stanley European Technology, Media & Telecom Conference.

    Tesla Inc. (TSLA) is up more than 12.45% at $458.9 in pre-market hours Tuesday 17 November 2020 after a report of the company joining the S&P 500. The stock had dropped over -0.10% to $408.09 in the last trading session.

    Before the trading started on 17 November 2020, CHF Solutions Inc. (CHFS) is up 2.31% to reach $6.2 as the company announced a 52% rise in Revenue in the earnings report. It has been trading in a 52-week range of $5.80 to $38.70.

    Aerie Pharmaceuticals Inc. (AERI) stock soared 3.94% to $13.46 in the pre-market trading after the company received positive CHMP opinion for roclanda in the European Union. The most recent rating by BofA Securities, on October 19, 2020, is an Underperform.

    Venus Concept Inc. (NASDAQ: VERO) shares are trading up 5.31% at $2.18 at the time of writing as the company revealed its Q3 results and business update. The company’s 52-week range was noted as $2.02 to $9.00. Analysts have a consensus price target of $6.

    Qudian Inc. (QD) grew over 2.6% at $1.58 in pre-market trading today.

    Celsion Corporation (CLSN), a Biotechnology company, rose about 3.77% at $0.55 in pre-market trading Tuesday as the company revealed its quarterly Earnings report.

    Tencent Music Entertainment Group (TME) stock moved up 2.98 percent to $16.58 in the pre-market trading.

    Net Element Inc. (NETE) is up more than 3.27% at $7.59 in pre-market hours Tuesday 17 November 2020 as the company reported its Q3 earnings results. The stock had dropped over -3.92% to $7.35 in the last trading session.

  • What changed for these 49 stocks in Pre-Market Session?

    What changed for these 49 stocks in Pre-Market Session?

    Fuel Tech Inc. (FTEK) stock plunged -8.8% to $1.14 in the pre-market trading after the technology company offered advanced engineering solutions for the optimization of combustion, pollution control, and water treatment systems in utility and industrial applications, financial results for the third quarter were officially published. The most recent rating by H.C. Wainwright, on March 13, 2020, is at a Neutral.

    Equillium Inc. (NASDAQ: EQ) shares are trading down -4.17% at $4.83 at the time of writing after on November 11, the company announced quarterly results for the third quarter of 2020. The company’s 52-week range was noted as $2.20 to $27.05. Analysts have a consensus price target of $24.

    Immuron Limited (IMRN) tumbled over -4.17% at $8.05 in pre-market trading today. US DoD Naval Medical Research Center Reports Positive Immunological Responses to Vaccine.

    Infinity Pharmaceuticals Inc. (INFI), a Biotechnology company, dropped about -6.62% at $1.41 in pre-market trading Thursday following an earnings surprise of -6.67 percent was revealed by the company. It was anticipated a quarter ago that this drugmaker would report a loss of $0.20 per share when it actually posted a $0.16 loss, providing a 20 percent surprise.
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    Tellurian Inc. (TELL) stock moved down -5.6 percent to $1.18 in the pre-market trading following the company finished the third quarter of 2020, with cash and cash equivalents of roughly $77.9 million and current borrowings of about $80.8 million. The balance sheet of Tellurian accounted for about $293.3 million in total assets.

    Co-Diagnostics Inc. (CODX) gained over 5.19% at $13.99 in pre-market trading Thursday 12 November 2020. Co-Diagnostics, Inc. CoPrimers™ Shown to be Effective in COVID-19 Saliva PCR Tests Without Sample Extraction.

    Abeona Therapeutics Inc. (ABEO) is down more than -3.85% at $1.25 in pre-market hours Thursday 12 November 2020 after a front-runner in gene and cell therapy, revealed quarterly results and business updates. The stock had jumped over 13.04% to $1.30 in the last trading session.

    Before the trading started on 12 November 2020, MannKind Corporation (MNKD) is down -3.57% to reach $2.7. It has been trading in a 52-week range of $0.80 to $2.52.

    RAVE Restaurant Group Inc. (RAVE) stock plunged -11.84% to $0.67 in the pre-market trading. The most recent rating by ROTH Capital, on May 12, 2016, is at a Neutral.

    Dada Nexus Limited (NASDAQ: DADA) shares are trading up 5.08% at $32.7 at the time of writing. The company’s 52-week range was noted as $14.60 to $37.38. Analysts have a consensus price target of $36.

    FuelCell Energy Inc. (FCEL) tumbled over -1.49% at $2.65 in pre-market trading today.

    Zoom Video Communications Inc. (ZM), a Telecom Services company, rose about 3.38% at $427.3 in pre-market trading Thursday.

    Canaan Inc. (CAN) stock moved up 3.05 percent to $2.7 in the pre-market trading.

    Muscle Maker Inc. (GRIL) lost over -9.6% at $1.79 in pre-market trading Thursday 12 November 2020.

    Moderna Inc. (MRNA) is up more than 5.03% at $86.59 in pre-market hours Thursday 12 November 2020. The stock had jumped over 8.40% to $82.44 in the last trading session. Moderna Has Completed Case Accrual for First Planned Interim Analysis of its mRNA Vaccine Against COVID-19 (mRNA-1273).

    Before the trading started on 12 November 2020, Coty Inc. (COTY) is down -3.89% to reach $4.45 after the company topped analysts’ outlook and surged as much as 22.2% on Nov 6 following its first-quarter fiscal 2021 results. It has been trading in a 52-week range of $2.65 to $13.01.

    Pinduoduo Inc. (PDD) stock soared 17.53% to $131.0 in the pre-market trading following an innovative and emerging tech firm and one of the top Chinese e-commerce players, revealed its unaudited financial results for the third quarter ended September 30, 2020. The most recent rating by Goldman, on November 03, 2020, is a Buy.

    Sea Limited (NYSE: SE) shares are trading up 3.48% at $175.01 at the time of writing following the news recently that pharmaceutical companies are closing on their COVID-19 vaccine candidates. The company’s 52-week range was noted as $30.50 to $187.75. Analysts have a consensus price target of $164.

    GrowGeneration Corp. (GRWG) grew over 7.26% at $22.46 in pre-market trading today after GrowGeneration reported record third-quarter 2020 Financial Results.

    Blink Charging Co. (BLNK), a Specialty Retail company, rose about 5.09% at $10.73 in pre-market trading Thursday.

    LightInTheBox Holding Co. Ltd. (LITB) stock moved up 3.31 percent to $2.5 in the pre-market trading.

    Bionano Genomics Inc. (BNGO) gained over 14.13% at $0.639 in pre-market trading Thursday 12 November 2020. Multi-Center Evaluation of Bionano Optical Genome Mapping by Cytogenetics Thought Leaders in the US Leads to Recommendation for Bionano’s Saphyr to Replace Karyotyping as First-Line Test for Detection and Identification of Structural and Copy Number Variants in Leukemia Patients.

    Vroom Inc. (VRM) is down more than -9.88% at $36.77 in pre-market hours Thursday 12 November 2020 following Vroom reported third Quarter 2020 results. The stock had jumped over 6.56% to $40.80 in the last trading session.

    Before the trading started on 12 November 2020, Turkcell Iletisim Hizmetleri A.S. (TKC) is up 3.16% to reach $5.23. It has been trading in a 52-week range of $4.36 to $6.36.

    Himax Technologies Inc. (HIMX) stock soared 12.2% to $4.6 in the pre-market trading after the prediction of Revenue to surge by approx. 10% consecutively and Gross Margin to get close to 29%. The most recent rating by Credit Suisse, on April 01, 2020, is at an Outperform.

    Qualigen Therapeutics Inc. (NASDAQ: QLGN) shares are trading down -10.03% at $3.23 at the time of writing. The company’s 52-week range was noted as $3.29 to $21.50.

    NovaBay Pharmaceuticals Inc. (NBY) grew over 8.82% at $0.67 in pre-market trading today.

    IMAC Holdings Inc. (IMAC), a Medical Care Facilities company, rose about 146.1% at $2.05 in pre-market trading Thursday. IMAC Holdings, Inc. Expands Missouri Footprint with Acquisition of Lockwood Chiropractic in Webster Groves.

    Sino-Global Shipping America Ltd. (SINO) stock moved up 62.18 percent to $3.13 in the pre-market trading.

    InVivo Therapeutics Holdings Corp. (NVIV) lost over -3.21% at $0.555 in pre-market trading Thursday 12 November 2020.

    Castor Maritime Inc. (CTRM) is up more than 18.5% at $0.1595 in pre-market hours Thursday 12 November 2020 after the company posted fiscal Results for the Three Months and Nine Months Ended September 30, 2020. The stock had jumped over 4.95% to $0.13 in the last trading session.

    Before the trading started on 12 November 2020, Just Energy Group Inc. (JE) is down -13.28% to reach $5.29 as a retail energy provider specializing in electricity and natural gas commodities, revealed its quarterly results for the fiscal year 2021. It has been trading in a 52-week range of $4.27 to $93.72.

    OraSure Technologies Inc. (OSUR) stock soared 4.55% to $14.02 in pre-market trading after the company recently topped its 3rd quarter fiscal earnings predictions. The most recent rating by Evercore ISI, on August 21, 2020, is at an Outperform.

    Riot Blockchain Inc. (NASDAQ: RIOT) shares are trading up 4.17% at $3.75 at the time of writing after the news that Bitcoin might take off again after a big gap. The company’s 52-week range was noted as $0.51 to $4.58.

    NortonLifeLock Inc. (NLOK) tumbled over -7.02% at $18.68 in pre-market trading today despite the earnings beat in the recent week.

    NIO Limited (NIO), an Auto Manufacturers company, rose about 3.41% at $44.55 in pre-market trading Thursday after the analyst’s prediction that NIO can be the main player in the Electric Vehicle market.

    JD.com Inc. (JD) stock moved up 5.38 percent to $87.3 in the pre-market trading following the news that JD.com was the largest US seller in China on Singles day.

    Kandi Technologies Group Inc. (KNDI) gained over 8.84% at $6.77 in pre-market trading Thursday 12 November 2020 despite its disappointing sales results in the financial 3rd quarter of this year.

    ICL Group Ltd (ICL) is up more than 3.11% at $3.98 in pre-market hours Thursday 12 November 2020 as the company topped analysts’ outlook on every front. The stock had jumped over 3.21% to $3.86 in the last trading session.

    Before the trading started on 12 November 2020, Uxin Limited (UXIN) is down -3.81% to reach $1.01 after the news that the company’s proprietary rating system has been introduced that assesses and determines the quality of a used vehicle, offers greater precision to make the decision-making process simpler for consumers and enhances the overall consumer experience. The stock has been trading in a 52-week range of $0.72 to $3.30.

    Baozun Inc. (BZUN) stock soared 3.07% to $40.57 in pre-market trading after the news that the stock still carries a great potential for investors. The most recent rating by Credit Suisse, on June 03, 2020, is at an Outperform.

    XpresSpa Group Inc. (NASDAQ: XSPA) shares are trading up 4.47% at $1.87 at the time of writing after the news that the firm to offer Business Update and will reveal Third Quarter 2020 Financial Results on November 16, 2020. The company’s 52-week range was noted as $0.15 to $8.82.

    KE Holdings Inc. (BEKE) grew over 3.48% at $72.02 in pre-market trading today after the news that the company will announce its quarterly report on November 16, 2020.

    Revolve Group Inc. (RVLV), an Internet Retail company, dropped about -8.96% at $20.43 in pre-market trading Thursday after the company Announced Third Quarter 2020 Financial Results with topping all analysts predictions.
    .

    American Tower Corporation (REIT) (AMT) stock moved up 2.75 percent to $245.0 in the pre-market trading after the reports that the company took over InSite Wireless Group for USD 3.5 billion.

    BIO-key International Inc. (BKYI) gained over 16.2% at $0.52 in pre-market trading Thursday 12 November 2020.

    Liminal BioSciences Inc. (LMNL) is up more than 11.19% at $4.57 in pre-market hours Thursday 12 November 2020 after the report that the firm will reschedule its announcement of quarterly results and conference call. The stock had jumped over 2.49% to $4.11 in the last trading session.

    Before the trading started on 12 November 2020, GoHealth Inc. (GOCO) is down -4.5% to reach $12.73. It has been trading in a 52-week range of $10.02 to $26.25.

    XPeng Inc. (XPEV) stock soared 10.53% to $37.06 in pre-market trading after the company unveiled upbeat quarterly results. The most recent rating by Citigroup, on November 04, 2020, is a Buy.

  • Top Stocks to Watch as Rising COVID-19 Numbers Tank Markets

    Top Stocks to Watch as Rising COVID-19 Numbers Tank Markets

    The markets are down this morning with the NASDAQ, the S&P 500, and the Dow are all in the red. This follows the increased number of COVID-19 cases and the return of strict lockdown measures. Over the weekend, the number of cases rose to hit a high of 83,757.

    Europe too has seen a huge spike in cases with France leading the way with more than 52,000 cases yesterday. This has seen several countries fall back into lockdowns with Italy and Spain announcing very strict measures. In fact, Spain has already declared a state of emergency.

    With the situation seemingly getting worse, the U.S economy, and the world economy at large is unlikely to reopen to pre-pandemic levels any time soon. On top of that, the number of cases is rising at a time when the U.S is close to an election, and there isn’t a consensus on a stimulus package to support the economy. This uncertainty could see the markets trade in the red for the better part of the day.

    Nonetheless, even as markets show weakness across the globe, there are stocks that are performing quite well today. Most of the day’s biggest gainers are stocks that had some good news towards the end of last week and over the weekend. Some of the stocks doing well pre-market are as below:

    Lianluo Smart Limited [NASDAQ: LLIT]

    Lianluo Smart Limited is a top performer this morning and is up by over 900%. This follows the company’s announcement that it had entered into a merger agreement with Newegg Inc. Under the merger deal, shareholders of Newegg Inc will become the main shareholders of Lianluo Smart Limited. On top of that, LLIT will sell its stake in Lianluo Connection Medical Wearable Device Technology Co. Ltd. On top of that, after the merger, the new entity will carry out a public offering where it expects gross proceeds of $30 million.

    Muscle Maker Inc [NASDAQ: GRIL]

    Muscle Maker Inc is a top performer this morning and is up by over 80%. This follows the company’s announcement the acquisition of a previously franchisee-owned location in Chelsea in Manhattan. This is one of the busiest locations and generated over $1.1 million in revenues in 2019.  As such, the acquisition gives muscle maker a chance to grow its business and test products in the market.

    Smart Sand Inc [NASDAQ: SND]

    Smart Sand Inc is up pre-market by over 30%. This follows the company’s announcement that it would release of Q3 results on November 9th, 2020. The expectation of positive results has seen the stock continue to gain.