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Tag: LKCO stock

  • Luokung Technology Corp. (LKCO) is down in the Pre-market; here is why?

    Luokung Technology Corp. (LKCO) is slightly down in the pre-market after constantly pricing below $1 despite the NASDAQ’s notification in January. LKCO values $0.82, losing more than 6.7% compared to yesterday’s closing price. The stock closed at $0.88 at the end of the last trading session. The stock volume traded in the last trading session was around 2.73 million shares. The current market cap of the company is around $302.64 million.

    LKCO received notification from NASDAQ in January

    To be eligible for listing on Nasdaq, Luokung Technology Corp. (LKCO) must have traded at least $1.00 for 30 consecutive trading days, as required by Nasdaq Listing Rule 5550(a)(2) and 5810(c)(3)(A). The NASDAQ listing of the company is unaffected by the announcement.

    Company may be removed from NASDAQ if the minimum bid price is not met within 180 days of notification or until July 5, 2022. NASDAQ’s policy is to notify a company when its ordinary shares settle at or above $1.00 per share for at least ten consecutive business days. To be eligible for an extension or delisting from NASDAQ, the corporation must regain compliance by July 5, 2022.

    LKCO 2nd Half results of fiscal 2021 are still pending

    LKCO is yet to announce its results for the second half of fiscal 2021. The highlights of the first half of fiscal 2021 are:

    • The first half of 2021 brought in $37.8 million in revenue, relative to $7.3 million in the same period last year.
    • The company announced a net loss of $26.7 million in the first half of 2021 relative to the $18.9 million loss in the same period last year.
    • LKCO reported diluted and basic loss per share of $0.09 for the first half of 2021 remained unchanged from the previous year’s first six-month period.

    Conclusion

    The company is currently going through a rough time. Its revenue is down, but they also have to meet the NASDAQ’s listing compliance to keep it listed on NASDAQ. Following the first or second compliance period, the Company may perform a reverse share split of its outstanding ordinary shares to ensure compliance.

  • Luokung Technology Corp. (LKCO) Stock Skyrockets Following eMapgo Acquisition and Chiangjiu Contract

    Luokung Technology Corp. (LKCO) Stock Skyrockets Following eMapgo Acquisition and Chiangjiu Contract

    Luokung Technology Corp. (LKCO) stock prices were up by a massive 22.16% as of the market closing on June 18th, 2021, bringing the price per share up to USD$2.37 at the end of the trading day. Subsequent pre-market fluctuations have seen the stock surge by another 16.03%, bringing it up to USD$2.75.

    CCMC Designation Removed

    After a long and drawn-out battle, the company announced on June 15th, 2021 that the U.S. Department of Defense (DoD) had removed LKCO’s designation as a Communist Chinese Military Company (CCMC). Furthermore, stemming from the company’s omission from Executive Order 14032, LKCO and its shareholders no longer find themselves at the mercy of restrictions pursuant to Executive Order 13959. Executive Order 13959 is amended and superseded by Executive Order 14032.

    Settling of Lawsuit

    With this development, LKCO and the government Defendants have filed a joint stipulation that will see their lawsuit voluntarily dismissed, bringing it to a close. The ongoing lawsuit is in regard to the challenging of the CCMC designation. In light of the foregoing by the DoD, the company has regained eligibility for inclusion in the FTSE GEIS (Micro Cap) index. Re-inclusion into the index is expected upon the opening of markets on June 21st, 2021.

    Expanded Scope of LKCO

    The favorable outcome will be welcomed by both the company and its investors, with an additional update on continuing operations expected in the upcoming few weeks. The company is confident that the market potential for its spatial-temporal technology will only continue to grow, due to the explosive expansion of the scope of autonomous applications.

    Acquisition of eMapgo

    The company also recently announced the closing of its acquisition of eMapgo Technologies, the industry leader with its position in the Advanced Driving Assistance System. LKCO is hopeful that the combination of their core technology in conjunction with eMapgo’s ADAS and autonomous driving industry experience will translate into unprecedented growth.

    Chiangjiu Expressway Contract

    LKCO is a leading spatial-temporal intelligent big data services company, having established itself as a leading provider of LBS and HD maps for a myriad of industries in China. June 18th, 2021 saw the company announce the entering into a contract that will see LKCO deliver a new generation traffic control network for the Changjiu Expressway. As per the contract, the newly acquired EMG will be responsible for the development and implementation of a 3D real-life highway digital management system.

    Future Outlook for LKCO

    Rejuvenated by the removal of its looming CCMC designation, LKCO is poised to continue its previous trajectory of success. In light of its recent acquisition and expansion of it market footprint, the company is keen to usher in unprecedented growth. Current and potential investors are hopeful that management will continue to leverage the resources at their disposal to facilitate significant and sustained increases in shareholder value.

  • Luokung Technology Corp. (LKCO) Stock Newest Target of Meme Stock Phenomenon Amid CCMC Legal Dispute

    Luokung Technology Corp. (LKCO) Stock Newest Target of Meme Stock Phenomenon Amid CCMC Legal Dispute

    Luokung Technology Corp. (LKCO) stock prices stayed stable over the course of June 11th, 2021, with no change in the opening and closing price. Pre-market fluctuations, however, saw the stock skyrocket by 17.51%, bringing it up to USD$2.08.

    Meme Stocks on the Rise

    The meme stock phenomenon continues to dominate the stock exchange, with a slew of stocks being targeted for a coordinated pump by the Reddit-driven retail investors. Underdogs with a high short interests find themselves fortuitously bolstered as the community of investors continues to target companies without a logical basis for their support. In the absence of recent news or any fundamental developments, companies sometimes on the brisk of collapse find themselves renewed by the sweeping meme stock craze.

    CCMC Designation

    LKCO’s recent skyrocketing of equity value comes after turbulent several weeks, following the company’s announcement of the halting of the trading of its common shares on stock exchanges. This restriction was imposed on the company after it had been given a Communist Chinese Military Company (CCMC) designation. Because of this designation, LKCO finds itself at the mercy of Executive Order 13959.

    Resisting CCMC Designation

    A joint complaint was filed by LKCO and two U.S. shareholders with the United States District Court for the District of Columbia, who are seeking to reverse this designation. As per the complaint, the U.S. DoD’s designation of LKCO as a CCMC and the resulting restrictions authorized by Executive Order 13959 by former President Trump are both in violation of the law.

    Request for Preliminary Injunction

    Because of the resolution of the lawsuit being too far in the future, LKCO has filed a motion for a preliminary injunction that will defer the CCMC designation and associated trading restrictions until the case has been settled. While the company is confident of an outcome in their favor, they argue that the failure to issue an injunction could end up having unmerited and disastrous effects on the company’s balance of equities, as well as their public interests.

    Preliminary Injunction Granted

    May 6th, 2021 saw the company announce that their previously announced motion for a preliminary injunction was granted. Following the ruling, the Department of Defense and other government defendants are prohibited from implementing or enforcing the designation of LKCO as a CCMC, or any consequential restrictions pursuant to Executive Order 13959.

    Future Outlook for LKCO

    Armed with the fortuitous surge in the value of their equity, LKCO is poised to capitalize on the opportunities presented to it. The company is keen to continue its trajectory of success and usher in more organic growth over the long term. Current and potential investors are hopeful that the management will leverage the resources at their disposal to facilitate significant and sustained increases in shareholder value.

  • Luokung Technology Corp. (LKCO) stock climbing high in pre-market trading. What’s going on?

    Luokung Technology Corp. (LKCO) stock climbing high in pre-market trading. What’s going on?

    Luokung Technology Corp. (LKCO) announced the closing of the acquisition of eMapgoTechnologies Co., Ltd after which the shares of LKCO stock were popping high in Wednesday’s open market and today’s pre-market. At the previous closing, the LKCO stock was up by 5.48% with a $1.54 per share price while in today’s pre-market, LKCO stock saw a push of 7.14% to reach $1.65 a share at the time of this writing. Luokung stock has been very much in the news for the past few weeks. Let’s look into some recent events of LKCO stock.

    What’s happening?

    Luokung Technology Corp. (LKCO) is the leading developer of mobile application products and location-based service providers in China.LKCO stock is a hot topic among investors for the past few weeks due to various announcements by the company.LKCO has recently closed on the acquisition of  100% equity interest to become the holder of eMapgo Technologies, which provides navigation and e-map services in China. This closing will benefit LKCO in technological advancements especially in the autonomous field, electric vehicles, smart cities, and intelligent transportation.

    In the previous week, LKCO announced the confirmation letter that says trading of LKCO shares will not be restricted until May 8, 2021, and divestment will be permitted through MARCH 9, 2022. Previously the LKCO stock announced the filing of a motion for Temporary Restraining order with its two U.S shareholders in response to the allegations made by the Department of Defence that Luokung is the Communist Chinese military company and imposed restrictions under Executive Order 13959 which was signed by the former president Trump.

    In February LKCO registered direct offerings of 48,076,923 ordinary shares and warrants of 19,230,768 ordinary shares at a $2.08 combined purchase price.$10,000,000 gross proceeds were estimated while $2.38 exercise price of warrants had been declared with three years validity from the issuance date.

    Conclusion

    The penny LKCO stock is continuing the rising trend in the pre-market as of now. Looking management is optimistic to expand its network and get a competitive advantage due to the recent closing of the acquisition. Hence long-term investors should keep an eye on this stock.

  • Pre-Market Cues: 32 Stocks Roaring for Change On December 1st

    Pre-Market Cues: 32 Stocks Roaring for Change On December 1st

    China Automotive Systems Inc. (CAAS) stock soared 2.38% to $10.75 in the pre-market trading after reporting that it shipped approximately 120,000 units from its portfolio of electric power steering products for use in Chinese electric vehicles during 2020. The most recent rating by Brean Murray, on August 15, 2011, is a Hold.
    Before the trading started on December 01, 2020, G1 Therapeutics Inc. (GTHX) is up 4.05% to reach $19.0. It has been trading in a 52-week range of $8.80 to $31.38.
    Sundial Growers Inc. (NASDAQ: SNDL) shares are trading up 29.83% at $0.947 at the time of writing following the announcement its elimination of senior secured second lien convertible notes. Company’s 52-week ranged between $0.14 to $3.88.
    Jaguar Health Inc. (JAGX) grew over 69.45% at $0.5929 in pre-market trading today.
    SuperCom Ltd. (SPCB) stock moved down -10.74 percent to $1.08 in the pre-market trading and the company recently declared that it has secured a contract to provide its PureSecurity Electronic Monitoring (EM) suite in Wisconsin.
    MicroStrategy Incorporated (NASDAQ: MSTR) shares are trading up 4.93% at $359.66 at the time of writing. Company’s 52-week ranged between $90.00 to $280.00. Analysts have a consensus price target of $200.
    Veritone Inc. (VERI) grew over 4.4% at $27.78 in pre-market trading today after announcing that it now supports NVIDIA CUDA for GPU-based AI and machine learning.
    Before the trading started on December 01, 2020, Creative Realities Inc. (CREX) is down -7.26% to reach $1.15. It has been trading in a 52-week range of $0.52 to $5.98.
    Moderna Inc. (MRNA) stock soared 10.32% to $168.5 in the pre-market trading after declaring that the primary efficacy analysis of the Phase 3 study of mRNA-1273 conducted on 196 cases confirms the high efficacy observed at the first interim analysis. The most recent rating by Wells Fargo, on November 23, 2020, is an Equal weight.
    VBI Vaccines Inc. (VBIV), a Biotechnology company, rose about 3.94% at $3.56 in pre-market trading Tuesday.
    Schultze Special Purpose Acquisition Corp. (SAMA) stock moved up 2.86 percent to $12.6 in the pre-market trading after reporting effectiveness of registration statement for proposed business combination with Clever Leaves International Inc.
    Celsion Corporation (CLSN) gained over 5.59% at $0.71 in pre-market trading Tuesday December 01, 2020.
    Nano-X Imaging Ltd. (NNOX) is up more than 5.22% at $64.5 in pre-market hours Tuesday December 01, 2020. The healthcare firm lately announced revised time of live demonstration at the 2020 radiology society of North America virtual annual meeting. The stock had jumped over 17.21% to $61.30 in the last trading session.
    Before the trading started on December 01, 2020, Greenlane Holdings Inc. (GNLN) is up 2.89% to reach $4.27. It has been trading in a 52-week range of $1.02 to $4.20.
    Mogo Inc. (MOGO) stock soared 3.77% to $2.75 in the pre-market trading. The firm recently declared the release of its new updated Mogo app featuring an interactive Rainforest Mode as part of the MogoCard experience. The most recent rating by Raymond James, on July 23, 2020, is an Outperform.
    Altimmune Inc. (NASDAQ: ALT) shares are trading up 9.57% at $13.4 at the time of writing. Company’s 52-week ranged between $1.60 to $35.10. Analysts have a consensus price target of $28.
    Novavax Inc. (NVAX) grew over 6.09% at $148.0 in pre-market trading today following publication its COVID-19 vaccine clinical development progress.
    Marathon Patent Group Inc. (MARA), a Capital Markets company, rose about 7.96% at $6.78 in pre-market trading Tuesday.
    Aphria Inc. (APHA) is up more than 3.46% at $8.67 in pre-market hours Tuesday December 01, 2020. The healthcare company recently revealed that it has closed the accretive, strategic acquisition of SW Brewing Company, LLC. The stock had jumped over 8.41% to $8.38 in the last trading session.
    AquaBounty Technologies Inc. (AQB) gained over 4.31% at $6.05 in pre-market trading Tuesday December 01, 2020.
    Before the trading started on December 01, 2020, ADMA Biologics Inc. (ADMA) is up 2.45% to reach $2.09 following the announcement its commencement of operations and initiation of collections at its newest ADMA BioCenters plasma collection facility located in Maryville, Tennessee. It has been trading in a 52-week range of $1.45 to $4.95.
    CureVac N.V. (CVAC) is down more than -3.12% at $101.89 in pre-market hours Tuesday December 01, 2020. The stock had jumped over 22.29% to $105.17 in the last trading session.
    OrganiGram Holdings Inc. (OGI) gained over 4.26% at $1.47 in pre-market trading Tuesday December 01, 2020 after releasing its results for the fourth quarter ended August 31, 2020.
    FuelCell Energy Inc. (FCEL) is down more than -3.43% at $9.85 in pre-market hours Tuesday December 01, 2020. The stock had jumped over 5.26% to $10.20 in the last trading session.
    SSR Mining Inc. (SSRM) grew over 2.12% at $18.8 in pre-market trading today. The company lately publicized that positive results of the Çöpler District master plan studies.
    Before the trading started on December 01, 2020, Entasis Therapeutics Holdings Inc. (ETTX) is up 4.35% to reach $1.92. It has been trading in a 52-week range of $1.58 to $5.64.
    Luokung Technology Corp. (LKCO) is up more than 2.93% at $0.6 in pre-market hours Tuesday December 01, 2020 after the firm reported that it won bid for Heilongjiang Institute of Technology (“HIT”) Smart Campus first phase procurement project of USD 1.3 million. The stock had jumped over 4.09% to $0.58 in the last trading session.
    Riot Blockchain Inc. (RIOT) is up more than 3.55% at $8.75 in pre-market hours Tuesday December 01, 2020. The stock had jumped over 35.20% to $8.45 in the last trading session.
    Before the trading started on December 01, 2020, Dada Nexus Limited (DADA) is down -4.28% to reach $55.47 after declaring proposed follow-on public offering of American depositary shares. It has been trading in a 52-week range of $14.60 to $56.91.
    Logitech International S.A. (NASDAQ: LOGI) shares are trading down -3.3% at $87.32 at the time of writing. Company’s 52-week ranged between $31.37 to $95.71.
    Advaxis Inc. (ADXS), a Biotechnology company, rose about 11.86% at $0.33 in pre-market trading Tuesday. The biotechnology firm recently declared closing of $9.2 million public offering.
    Arbutus Biopharma Corporation (NASDAQ: ABUS) shares are trading up 11.26% at $5.04 at the time of writing. Company’s 52-week ranged between $0.88 to $9.02. Analysts have a consensus price target of $8.

  • 38 stocks trending in pre-market

    38 stocks trending in pre-market

    AnPac Bio-Medical Science Co. Ltd. (ANPC) stock plunged 0.0% to $7.14 in the pre-market trading after announcing that it experienced strong demand for its cancer screening tests and set a record in paid test volume in the third quarter.
    BOQI International Medical Inc. (NASDAQ: BIMI) shares are trading down -4.78% at $1.99 at the time of writing. Company’s 52-week ranged between $1.50 to $7.40.
    Slack Technologies Inc. (WORK) lost over -3.44% at $39.3 in pre-market trading Friday November 27, 2020. The technology company will report its financial results for the third quarter of fiscal year 2021, ended October 31, 2020, following the close of the U.S. markets on Wednesday, December 9, 2020.
    Before the trading started on November 27, 2020, Fisker Inc. (FSR) is down -5.0% to reach $20.53. It has been trading in a 52-week range of $8.70 to $21.60.
    Ferroglobe PLC (GSM) stock soared 2.36% to $1.3 in the pre-market trading following the announcement of results for the third quarter of 2020. The most recent rating by Stifel, on September 16, 2019, is a Hold.
    Appian Corporation (NASDAQ: APPN) shares are trading up 1.2% at $177.0 at the time of writing. Company’s 52-week ranged between $29.07 to $139.75. Analysts have a consensus price target of $84.
    The9 Limited (NCTY) tumbled over -3.74% at $3.47 in pre-market trading today. The firm recently reported that it will hold its annual general meeting of shareholders at the 17 Floor, No. 130 Wu Song Road, Hong Kou District, Shanghai 200080, People’s Republic of China on December 22, 2020 at 2:00 p.m., Shanghai time.
    Future FinTech Group Inc. (FTFT), a Software – Application company, dropped about -8.33% at $2.75 in pre-market trading Friday.
    ZK International Group Co. Ltd. (ZKIN), a Steel company, dropped about -11.4% at $2.02 in pre-market trading Friday after a news announced by company that its wholly-owned subsidiary, xSigma Corporation, (“xSigma”) www.xsigma.com is launching a Decentralized Finance (“DeFi”) protocol which aims to provide a new level of transparency and legitimacy to decentralized financial blockchain-based smart contracts.
    Athersys Inc. (ATHX) is up more than 8.47% at $1.92 in pre-market hours Friday November 27, 2020. The stock had jumped over 12.03% to $1.77 in the last trading session.
    Sundial Growers Inc. (SNDL) is up more than 12.54% at $0.3151 in pre-market hours Friday November 27, 2020. The firm will participate in Cowen’s 2020 Boston Cannabis Conference, to be held virtually between November 30 and December 2, 2020. The stock had dropped over -6.95% to $0.28 in the last trading session.
    Before the trading started on November 27, 2020, Tuniu Corporation (TOUR) is up 15.86% to reach $4.09 after declaring that it plans to release its unaudited financial results for the third quarter ended September 30, 2020, before the market opens on December 1, 2020. It has been trading in a 52-week range of $0.73 to $3.26.
    Gevo Inc. (GEVO) stock soared 5.64% to $2.06 in the pre-market trading. The most recent rating by H.C. Wainwright, on September 07, 2018, is a Buy.
    RMG Acquisition Corp. (RMG), a Shell Companies company, rose about 13.13% at $15.94 in pre-market trading Friday after reporting that the close of business on Tuesday, December 1, 2020, has been set as the record date for the determination of stockholders eligible to receive the proxy and vote at the special meeting to be held to consider and approve the previously announced merger with Romeo Systems, Inc., a Delaware corporation.
    Veritone Inc. (NASDAQ: VERI) shares are trading down -4.12% at $20.0 at the time of writing. Company’s 52-week ranged between $1.22 to $19.67. Analysts have a consensus price target of $6.
    Viomi Technology Co. Ltd (VIOT) is up more than 2.09% at $5.85 in pre-market hours Friday November 27, 2020 after the technology company released its unaudited financial results for the third quarter ended September 30, 2020. The stock had dropped over -8.76% to $5.73 in the last trading session.
    Before the trading started on November 27, 2020, Acasti Pharma Inc. (ACST) is down -3.1% to reach $0.2597. It has been trading in a 52-week range of $0.17 to $3.08.
    EHang Holdings Limited (EH) stock soared 7.41% to $14.5 in the pre-market trading after announcing that its two-seater passenger-grade AAV, EHang 216 has completed its maiden flights in three Korean locations – Seoul, Daegu, and Jeju Island. The most recent rating by Needham, on February 07, 2020, is a Buy.
    Apex Technology Acquisition Corporation (APXT) share price soared +36.67% in pre market on Friday after the news declared by AvePoint, Inc., that it has entered into a definitive business combination agreement with Apex Technology Acquisition Corporation (NASDAQ: APXT).
    Canaan Inc. (CAN), a Computer Hardware company, dropped about -8.48% at $5.83 in pre-market trading Friday.
    Tantech Holdings Ltd (TANH) stock moved up 9.05 percent to $2.17 in the pre-market trading after recently declared the closing of $10 million offering.
    BlueCity Holdings Limited (BLCT) is up more than 2.77% at $12.6 in pre-market hours Friday November 27, 2020. The company recently reported that it has entered into a definitive agreement with iRainbow Hong Kong Limited (“Finka”) and all of its subsidiaries and other entities under the control of Finka, pursuant to which BlueCity agreed to acquire 100% equity interests in Finka for an aggregate consideration of RMB240 million in cash. The stock had dropped over -9.19% to $12.26 in the last trading session.
    Before the trading started on November 27, 2020, Uxin Limited (UXIN) is up 13.41% to reach $1.86. It has been trading in a 52-week range of $0.72 to $3.10.
    Blink Charging Co. (BLNK) stock plunged -4.11% to $24.24 in the pre-market trading after declaring that it has acquired the EV charging operator U-Go Stations, Inc. and its portfolio of 44 DCFC charging locations. The most recent rating by H.C. Wainwright, on August 14, 2020, is a Neutral.
    FreightCar America Inc. (NASDAQ: RAIL) shares are trading up 10.45% at $2.22 at the time of writing following the company announced receipt of stockholder approval for issuance of warrant and funding of new term loan. Company’s 52-week ranged between $0.73 to $2.87. Analysts have a consensus price target of $4.50.
    Luokung Technology Corp. (LKCO) grew over 3.3% at $0.5568 in pre-market trading today after reporting that it has closed the acquisition of 67.36% of BOTBRAIN AI LIMITED.
    ClearOne Inc. (CLRO), a Communication Equipment company, rose about 2.43% at $2.53 in pre-market trading Friday. The firm recently declared financial results for the three and nine month periods ended September 30, 2020.
    Pennsylvania Real Estate Investment Trust (PEI) stock plunged -5.41% to $1.05 in the pre-market trading. The most recent rating by SunTrust, on January 16, 2020, is a Sell.
    Yunji Inc. (NASDAQ: YJ) shares are trading down -16.23% at $4.13 at the time of writing after reporting its unaudited financial results for the third quarter ended September 30, 2020. Company’s 52-week ranged between $1.67 to $5.95. Yunji Announces Third Quarter 2020 Unaudited Financial Results.
    Aurora Cannabis Inc. (ACB) is up 38.58% in pre market session on Friday after reporting that it has entered into a strategic Supply Agreement with Cantek Holdings, one of Israel’s leaders in the medical cannabis field.
    Aurora Mobile Limited (JG) is up more than 10.76% at $3.5 in pre-market hours Friday November 27, 2020 following the firm reported that it has entered into a 5G strategic cooperation framework agreement and a 5G messaging connection test agreement with China United Network Communications Limited Beijing Branch. The stock had dropped over -13.42% to $3.16 in the last trading session.
    Before the trading started on November 27, 2020, The ExOne Company (XONE) is up 7.0% to reach $13.0. It has been trading in a 52-week range of $3.55 to $16.89.
    Ideanomics Inc. (IDEX) stock soared 8.49% to $2.94 in the pre-market trading. The technology company lately revealed that it has increased its stake in California-based Solectrac, Inc. through a follow-on investment of an additional $1.3 million.
    Medigus Ltd. (MDGS) is down more than -5.14% at $2.95 in pre-market hours Friday November 27, 2020. The stock had dropped over -10.63% to $3.11 in the last trading session.
    The Gap Inc. (NYSE: GPS) shares are trading up 2.55% at $22.15 at the time of writing after releasing its financial results for the third quarter of fiscal year 2020, ending October 31. Company’s 52-week ranged between $5.26 to $26.99. Analysts have a consensus price target of $23.
    Before the trading started on November 27, 2020, Golden Bull Limited (BTBT) is down -15.82% to reach $6.12. It has been trading in a 52-week range of $0.28 to $7.05.
    Ashford Hospitality Trust Inc. (AHT) grew over 0.34% at $2.99 in pre-market trading today after announcing that closing of exchange offers for all Outstanding series of its preferred stock.
    ECMOHO Limited (MOHO), a Specialty Retail company, dropped about -3.85% at $2.75 in pre-market trading Friday after declaring that it will release its unaudited financial results for the third quarter ended September 30, 2020 on Monday, November 30, 2020.