Tag: NSPR

  • InspireMD Inc. (NSPR) stock soared in the after-market trading session; let’s find out why

    InspireMD Inc. (NSPR) stock soared in the after-market trading session; let’s find out why

    In the after-market trading session, InspireMD Inc. (NSPR) stock had soared by 12.54% to trade at the price of $0.5214at the time of writing. In Friday’s trading session, NSPR stock closed with a gain of 2.96% at the price of $0.46. The stock volume traded at 4.71 million shares. The average trading volume for the past months has been 15.24 million, showing a decline in today’s stock volume. NSPR stock had declined by -36.55%for the year up to date. In the past 5 consecutive trading sessions, the NSPR shares had jumped by 13.00%. In the past three and six months, the NSPR stock slumped by -33.68% and jumped by 21.60% respectively. InspireMDInc is currently valued in the market at $53.03 million and has current outstanding shares at a total of 117.79 million.

    The operational background on InspireMD

    InspireMD Inc. is a medical device company that specifically focuses on the production and provision of the stent and stent-related products. The company aims to design their own proprietary MicroNet stent platforms technology solutions. These are used to create innovative applications for the treatment of vascular, coronary diseases, carotid artery applications specifically for acute coronary syndromes, saphenous vein graft coronary blockages and serious myocardial infarction.

    InspireMD claims to have the most advanced Carotid Stenting system in the market

    InpsireMD has created product offerings of preventive systems including the CGuard carotid embolic prevention system, MGuard Prime embolic protection system, and also developing of NGuard. NGuard is created for the purpose of diverting the blood flow to seal the aneurysms by diverting blood flow away from cerebral aneurysms.

    InspireMD’s diverse range of product offering based on the proprietary MicroNet embolic protection and stenting platform have allowed it to enter the market boldly as a top-line provider of superior technology carotid stent systems in the market.

    InspireMD updates its recent corporate activities

    On 19th April 2021, InspireMD provided an update about its recent developments in operations and business activities; a 1:15 reverse stock split will take place today (26th April 2021) as the trade closes which will reduce the number of outstanding shares directly from 118 million to 7.9 million shares. On April 27th the NSPR common stock will trade on an adjusted split basis on the platform of NYSE American. Total number of common stock will remain at 150 million.

    A submission had been made on the same day by NSPR stock to be enlisted in the Nasdaq Capital Market. This move helps to expand the listing for NSPR stock and makes it more attractive to a wide range of customers.

    The company had previously raised capital of an estimated $20.7 million. This capital raise will help InspireMD to progress and execute its C-Guardian FDA clinical trial, maintainCGuard EPS as the top available carotid stent system in the market, and to sustain their growth of operations and product innovation goals.

  • Today’s Morning Alert: Top Movers, Analyst Ratings & Important Earnings

    Today’s Morning Alert: Top Movers, Analyst Ratings & Important Earnings

    On March 8, American stock exchanges finished trading mostly in the red zone. The S&P 500 index fell 0.54% to 3821 points, the Dow Jones added 0.97%, the NASDAQ lost 2.41%. The outsiders were the IT sector (-2.46%) and the communications sector (-1.47%). The “value” stocks continued to outperform the market: the finance, industrial, and raw materials sectors stood out. Treasury yield rises to 1.60%.

    Company News

    GameStop Corp. (GME: + 41.2%) announced the formation of a strategic commission as part of a business model change taking into account new technologies.

    McAfee (MCFE: + 12.7%) will sell corporate business to Symphony Technology Group to focus on consumer cybersecurity.

    Diversified corporation General Electric (GE: + 4.2%) announced that the company is close to a deal to sell a non-core aircraft leasing asset to the Irish group AerCap. The transaction value is more than $ 30 million. 

    Today, global stock markets are showing mixed dynamics. During this day, the focus of attention of investors will be directed to the vote of the House of Representatives on the stimulus package approved earlier by the Senate in the amount of $ 1.9 trillion. Markets are confident that the stimulus package will also be approved by the lower house of the US Congress. Earlier, President Joe Biden said that Americans will be able to receive payments under the program as early as this month.

    Despite the fact that Fed Chairman Jerome Powell and FOMC member Lael Brainard noted that further rate hikes could lead to a slowdown on the way to achieving the Fed’s goals, so far this risk remains moderate. Although the approval of the stimulus package has caused a lot of attacks in connection with the current dynamics of bond rates, however, representatives of the regulator do not express much concern about this trend. Janet Yellen noted that the economy will return to full employment in 2022. Speaking about the stimulus package, the US Treasury Secretary said she did not expect the economy to overheat amid injections of additional capital into the stock market.

    The Freedom Finance Sentiment Index remained at 78 out of 100. The indicator reflects the hope of market participants for a recovery in the global economy in 2021. Concerns about a new wave of the pandemic are balanced by the growing pace of vaccinations.

    Today Top Movers

    Vaccinex Inc. (VCNX) stock soared 3.83% to $2.98 in the pre-market trading. 

    INVO Bioscience Inc (INVO) is up 91.32% to $5.95 in the early morning trading session. The company recently revealed an amendment under its exclusive U.S. commercialization agreement with Ferring Pharmaceuticals. 

    GT Biopharma Inc. (NASDAQ: GTBP) shares are trading up 98.9% at $9.03 at the time of writing after declaring preclinical results for its ROR1 TriKE™ as a treatment for prostate cancer. The company’s 52-week ranged between $1.53 to $13.09. 

    Socket Mobile Inc. (SCKT) grew over 0.13% at $7.64 in pre-market trading today.

    Top Upgrades & Downgrades


    Goldman Sachs turned bullish on Nomura Holdings Inc. (NMR), upgrading the stock to “Buy”

    Extended Stay America Inc. (STAY) has won the favor of Baird’s equity research team. The firm upgraded the shares from Neutral to Outperform and moved their price target to $15. 

    Whiting Petroleum Corporation (WLL) received an upgrade from analysts at Wells Fargo, who also set their one-year price target on the stock to $40. They changed their rating on WLL to Overweight from Equal-Weight in a recently issued research note. 

    Earlier Tuesday Wells Fargo reduced its rating on Range Resources Corporation (RRC) stock to Equal-Weight from Overweight and assigned the price target to $14.

    Deutsche Bank analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Stitch Fix Inc. (SFIX) has been changed to Hold from Buy and the new price target is set at $54.

    Analysts at Wells Fargo downgraded SM Energy Company (SM)’s stock to Equal Weight from Overweight Tuesday.

    Latest Insider Activity


    Halliburton Company (HAL) Senior Vice Pres – Tax Jones Myrtle L announced the sale of shares taking place on Mar 05 at $23.50 for some 5,462 shares. The total came to more than $0.13 million. 

    The Gap Inc. (GPS) Brand President & CEO Green Nancy sold on Mar 05 a total of 62,693 shares at $27.00 on average. The insider’s sale generated proceeds of almost $89991.0. 

    The Wendy’s Company (WEN) Chief Legal Ofcr & Secretary Wunsch E.J. declared the purchase of shares taking place on Mar 05 at $18.98 for some 7,500 shares. The transaction amount was around $0.14 million. 

    Dominion Energy Inc. (D) Director Kington Mark J bought on Mar 04 a total 81,089 shares at $69.29 on average. The purchase cost the insider an estimated $138,578.

    Important Earnings

    Top US earnings releases scheduled for today include InspireMD Inc. (AMEX: NSPR). It will announce its Mar 2021 financial results. The company is expected to report earnings of -$0.08 per share from revenues of $1M in the three-month period.

    Analysts expect DICK’S Sporting Goods Inc. (NYSE:DKS) to report a net income (adjusted) of $2.28 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Jan 2021 is predicted to come in at $3.07B. 

    Clean Energy Fuels Corp. (CLNE), due to announce earnings after the market closes today, is expected to report revenues of $71.3M recently concluded three-month period.

  • Early Morning Vibes: 4 Trending Stocks To Watch Right Now

    Early Morning Vibes: 4 Trending Stocks To Watch Right Now

    On February 12, American stock markets closed in the green. The S&P 500 Index climbed 0.47% to 3935 points, the NASDAQ rose 0.50%, and the Dow Jones added a symbolic 0.09%. Prospects for the adoption of another fiscal stimulus program in the States continued to support quotations. The healthcare sector outperformed the market, climbing 0.75% on a positive Illumina report. The finance sector grew 0.95% on the back of rising Treasury yields.

    Company news

    Illumina (ILMN: + 11.9%) quarterly results exceeded expectations on strong demand for DNA instruments.

    PayPal (PYPL: + 4.7%) expects to double the number of users of the payment system by 2025 from its current 377 million, tripling the volume of transactions.

    HubSpot (HUBS: + 16.4%), a cloud-based marketing and sales solutions provider, delivered strong reporting on the digitalization trend in small and medium-sized businesses.

    Today, global stock markets are showing mixed dynamics. The news background remains quite calm. Market participants’ optimism is boosted by the improved epidemiological situation in Europe and the USA, accelerated vaccination, and the prospects for fiscal stimulus. The seven-day average number of coronavirus cases in the United States for the first time since November fell below 100 thousand, and the number of hospitalized people fell from 80 thousand to 65 thousand in just a week. The situation is improving in all 50 states. Pessimists expect new outbreaks of disease due to the spread of virus mutations, however, if the current positive trends continue, the anticoid restrictions will begin to be lifted everywhere pretty soon.

    Joe Biden plans to make his first trip outside Washington as president today. He will deliver a speech in Wisconsin on the fiscal stimulus package. The president is also expected to speak out on the pandemic and its impact on the US economy. The purpose of the speech is ultimately to speed up the negotiating process in Congress. No new information is expected, but the broadcast of the president’s speech may have a positive effect on the sentiment of private investors, whose share in trade turnover continues to increase.

    The Freedom Finance Sentiment Index climbed to 71 out of 100. The indicator reflects market participants’ hope for a global economic recovery in 2021. Worries about the negative impact of the coronavirus pandemic continue to ease thanks to the prospect of mass vaccinations.

    Technically, the S&P 500 remains in an uptrend. Resistance at its upper boundary is still a significant obstacle. A breakthrough of this resistance at 3950 points will mean an acceleration of growth. However, the RSI indicator is already close to the overbought level, so the positive potential in the short-term is limited.

    Today Top Movers

    Strongbridge Biopharma plc (SBBP) share price jumped 53.01% to $5.08 during the early morning ‎trading session on ‎Tuesday.‎ 

    Socket Mobile Inc (SCKT), a Computer Hardware company, soared about 72.44% ‎at $5.59 in pre-market ‎trading Tuesday after the company launched the first enterprise-grade scanners for Apple iPhone 12 series. 

    Denison Mines Corp (DNN) stock ascended 17.11% at $1.30 in the pre-market trading today.‎‎ 

    Sundial Growers Inc (SNDL) gained over 9.13% at $2.27 in pre-market ‎trading on Tuesday.‎‎

    Top Upgrades & Downgrades

    Wells Fargo turned bullish on Extraction Oil & Gas Inc. (XOG), upgrading the stock to “Overweight” and assigning a $38.0 price target, representing a potential upside of 19.5% from Friday’s close. 

    Anaplan Inc. (PLAN) has won the favor of Morgan Stanley’s equity research team. The firm upgraded the shares from Equal-Weight to Overweight and moved their price target to $100.0, suggesting a 21.49% additional upside for the stock. 

    Albemarle Corporation (ALB) received an upgrade from analysts at Deutsche Bank, who also set their one-year price target on the stock to $190.0. They changed their rating on ALB to Buy from Hold in a recently issued research note. 

    Earlier Sunday Baird reduced its rating on American Express Company (AXP) stock to Neutral from Outperform and assigned the price target to $126. 

    Baird analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Republic Services Inc. (RSG) has been changed to Neutral from Outperform and the new price target is set at $96. 

    Analysts at Baird downgraded Waste Management Inc. (WM)’s stock to Neutral from Outperform Tuesday.

    Latest Insider Activity

    Iterum Therapeutics plc (ITRM) 10% Owner DENNER ALEXANDER J announced the sale of shares taking place on Feb 12 at $2.27 for some 10,619,949 shares. The total came to more than $24.11 million. 

    Uber Technologies Inc. (UBER) Hazelbaker Jill sold on Feb 12 a total of 126,953 shares at $60.12 on average. The insider’s sale generated proceeds of almost $1.25 million. 

    InspireMD Inc. (NSPR) Director Kester Thomas J declared the purchase of shares taking place on Feb 08 at $0.62 for some 120,960 shares. The transaction amount was around $74995. 

    Dun & Bradstreet Holdings Inc. (DNB) Chief Financial Officer Hipsher Bryan T. bought on Feb 11 a total 9,000 shares at $23.30 on average. The purchase cost the insider an estimated $116,500.

    Important Earnings

    Top US earnings releases scheduled for today include Sabre Corporation (NASDAQ: SABR). It will announce its Dec 2020 financial results. The company is expected to report earnings of -$0.66 per share from revenues of $328.57M in the three-month period. 

    Analysts expect Genworth Financial Inc. (NYSE: GNW) to report a net income (adjusted) of $0.22 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $2.06B. 

    Occidental Petroleum Corporation (OXY), due to announce earnings after the market closes today, is expected to report earnings of -$0.58 per share from revenues of $4.37B recently concluded three-month period.

  • Early Morning Vibes: Check Out These 3 hot Stocks Right Now

    Early Morning Vibes: Check Out These 3 hot Stocks Right Now

    On February 10, American stock exchanges closed without significant changes. The S&P 500 index fell by a symbolic 0.03%, to 3910 points, the Dow Jones added 0.20%, the NASDAQ lost 0.25%. During the day, losses in the S&P 500 reached 0.6%, but its weakness was temporary. There were no new drivers of movement, but optimism about fiscal stimulus remained heightened. The cyclical consumer goods sector looked noticeably weaker than the market (-0.94%) due to Tesla shares, which fell 5.25%.

    Company news

    Twitter (TWTR: + 13.2%) beat consensus on revenue and EBITDA, but below-expected audience growth.

    Taxi Lyft (LYFT: + 4.8%) posted better-than-expected quarterly revenue. The company said it was able to go into profit in the third quarter.

    General Motors (GM: -2.1%) operating income was above market expectations. At the same time, as expected by analysts, the company warned of a shortage of semiconductors.

    Dating services developer Match (MTCH: + 7.7%) acquires South Korean company Hyperconnect for $ 1.7 billion.

    Today, world stock exchanges are showing mostly positive dynamics. The news background remains calm. Ultra-soft monetary and stimulating fiscal policies remain strong factors supporting optimism. Fed Chairman Jerome Powell, during his speech in New York yesterday, reaffirmed his commitment to the course at low rates and also noted that the opening of the economy will lead to a significant increase in consumer spending. However, inflationary pressure, according to Powell, may turn out to be unstable, namely, further parameters of the monetary policy will depend on inflation and unemployment.

    Technical picture

    Technically, the S&P 500 is still in a medium-term uptrend. The trading session the day before did not change the overall picture. The broad market index is consolidating in a tight range after rising 4% last week. Resistance at the upper border of the uptrend is still a significant obstacle.

    Today Top Movers

    RCM Technologies Inc (RCMT) stock ascended 126.28% at $8.35 in the pre-market trading today.‎ The company provided an update on its recently obtained projects to assist its clients in producing higher grades of ethanol for use in beverage and hygienic applications such as sanitizer-grade ethanol. ‎

    Microvision Inc (MVIS) gained over 38.29% at $19.36 in pre-market ‎trading on Thursday after declaring that it has received necessary components and equipment to meet its April milestone of completing A-Samples of its Long-Range Lidar Sensor. ‎

    Sonos Inc (SONO) grew over 15.59% at $36.41 in pre-market trading ‎today.‎ The maker of smart speakers generated revenue of $645.6 million in its fiscal first quarter, up from $562.1 a year earlier and ahead of the $590 million that analysts surveyed by FactSet had been projecting.

    Top Upgrades & Downgrades

    Wells Fargo turned bullish on The Western Union Company (WU), upgrading the stock to “Equal-Weight” and assigning a $25.0 price target, representing potential upside of 6.43% from Wednesday’s close. 

    Pacific Biosciences of California Inc. (PACB) has won the favor of Piper Sandler’s equity research team. The firm upgraded the shares from Neutral to Overweight and moved their price target to $52.0, suggesting a 13.29% additional upside for the stock. 

    AnaptysBio Inc. (ANAB) received an upgrade from analysts at JP Morgan, who also set their one-year price target on the stock to $40.0. They changed their rating on ANAB to Overweight from Underweight in a recently issued research note.

    Earlier Thursday Piper Sandler reduced its rating on Helmerich & Payne Inc. (HP) stock to Neutral from Overweight and assigned the price target to $24. 

    Vertical Research analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Spirit Airlines Inc. (SAVE) has been changed to Hold from Buy. 

    Analysts at Barclays downgraded Equitrans Midstream Corporation (ETRN)’s stock to Underweight from Equal-Weight Thursday.

    Latest Insider Activity

    Tesla Inc. (TSLA) Director Musk Kimbal announced the sale of shares taking place on Feb 09 at $852.12 for some 30,000 shares. The total came to more than $25.56 million. 

    The Walt Disney Company (DIS) Executive Chairman IGER ROBERT A sold on Feb 08 a total of 1,177,989 shares at $190.12 on average. The insider’s sale generated proceeds of almost $41.83 million. 

    InspireMD Inc. (NSPR) Director Kester Thomas J declared the purchase of shares taking place on Feb 08 at $0.62 for some 120,960 shares. The transaction amount was around $74995. 

    Penn National Gaming Inc. (PENN) Director SCACCETTI JANE bought on Feb 08 a total 41,978 shares at $120.99 on average. The purchase cost the insider an estimated $99,212.

    Important Earnings

    Top US earnings releases scheduled for today include Expedia Group Inc. (NASDAQ: EXPE). It will announce its Dec 2020 financial results. The company is expected to report earnings of -1.97 per share from revenues of $1.12B in the three-month period. 

    Analysts expect Kellogg Company (NYSE: K) to report a net income (adjusted) of $0.89 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $3.5B. 

    Tyson Foods Inc. (TSN), due to announce earnings after the market closes today, is expected to report earnings of 1.49 per share from revenues of $10.84B recently concluded three-month period.

  • Early Morning Vibes: 4 Stocks We Like for Thursday

    Early Morning Vibes: 4 Stocks We Like for Thursday

    On January 20, American stock markets closed at new all-time highs. The S&P 500 index rose 1.39% to 3852 points, the NASDAQ rose 1.97%, the Dow Jones added 0.83%. Risk appetite has increased on the back of an improving epidemiological situation in the States, positive expectations from the reporting season, and partly due to the official inauguration of President Joseph Biden. The communications sector was a growth engine for the broader market, surging 3.6% on a strong quarterly report from Netflix.

    Company news

    • Streaming giant Netflix (NFLX: + 16.9%) performed better than expected and management announced that it is considering resuming its share buyback program.
    • Bank of New York Mellon (BK: -7.3%) showed mixed results. Operating expenses were above expectations.
    • Procter & Gamble’s (PG: -1.3%) earnings and earnings exceeded expectations, but the stock still declined on investor concerns about the sustainability of the results.

    Today, global stock exchanges are showing positive dynamics. The first decrees of President Biden only indirectly relate to the economy, so they practically do not affect the stock market. Investor optimism is driven by factors that have been in sight for a long time. Among them are soft monetary policy, prospects for the adoption of a new package of fiscal stimuli, acceleration of the vaccination process.

    Yesterday in the United States, a record number of deaths per day was recorded – 4409. Amazon has offered vaccine assistance to the US government, which has boosted investor confidence in boosting the vaccine campaign. In addition, the first studies point to the effectiveness of the Pfizer vaccine against the British strain of coronavirus.

    The first quarterly reports of S&P 500 companies exceed investor expectations. Currently, the forecast assumes an average EPS decline of 5.9%, while just a week ago, EPS was forecast to fall by 8.8%. Market participants are just beginning to put optimistic expectations in the quotes in relation to reporting, so the upside potential of the S&P 500 remains.

    Economic News

    Noteworthy is the weekly publication of data on the number of initial applications for unemployment benefits (forecast: 910 thousand, previous value: 965 thousand). The unexpected rise in the indicator last week has raised concerns. If this time the market participants get an unpleasant surprise again, then the official report on the labor market for January will be weak.

    Sentiment Index

    The Freedom Finance Sentiment Index climbed to 62 out of 100. The indicator reflects market participants’ hope for a global economic recovery in 2021. Worries about the negative impact of the coronavirus pandemic are starting to wane thanks to the prospect of mass vaccinations.

    Technical picture

    Technically, the S&P 500 is prone to an upward movement. On the eve of the broad market index confidently overcame the historical maximum at 3827 points and continued to move to the upper border of the equidistant channel at 3860 points. Indicators indicate the likelihood of the trend continuation. The nearest resistance is the psychologically significant level of 3900 points.

    Today Top Movers

    Jaguar Health Inc (JAGX), a biotechnology company, surged about 30.48% ‎at $3.81 in pre-market ‎trading Thursday following the declaration of closing of $6.0 million issuance and sale of designation-backed note related to possible tropical disease priority review voucher.‎

    Qutoutiao Inc (QTT) share price soared 39.41% to $3.75 during the early morning ‎trading session on ‎Thursday.‎‎

    InspireMD Inc (NSPR) stock ascended 15.48% at $0.81 in the pre-‎market trading today.‎‎

    BIOLASE Inc (BIOL) gained over 12.14% at $1.08 in pre-market ‎trading on Thursday.‎‎

    Top Upgrades & Downgrades

    BTIG turned bullish on PayPal Holdings Inc. (PYPL), upgrading the stock to “Buy”.

    Diebold Nixdorf Incorporated (DBD) has won the favor of JP Morgan’s equity research team. The firm upgraded the shares from Neutral to Overweight and moved their price target to $16.0, suggesting 43.04% additional upside for the stock.

    Synaptics Incorporated (SYNA) received an upgrade from analysts at JP Morgan, who also set their one-year price target on the stock to $110. They changed their rating on SYNA to Neutral from Underweight in a recently issued research note.

    Earlier Thursday BTIG reduced its rating on Senseonics Holdings Inc. (SENS) stock to Neutral from Buy.

    JP Morgan analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Maxar Technologies Inc. (MAXR) has been changed to Neutral from Overweight and the new price target is set at $55.

    Analysts at Berenberg downgraded Citigroup Inc. (C)’s stock to Hold from Buy Thursday.

    Latest Insider Activity

    Virgin Galactic Holdings Inc. (SPCE) CFO, Treasurer Campagna Jonathan Joseph announced the sale of shares taking place on Jan 19 at $31.44 for some 56,305 shares. The total came to more than $1.77 million. 

    Snap Inc. (SNAP) Chief Financial Officer Andersen Derek sold on Jan 19 a total of 1,254,458 shares at $50.43 on average. The insider’s sale generated proceeds of almost $0.44 million. 

    Affirm Holdings Inc. (AFRM) 10% Owner Founders Fund V Management, LL declared the purchase of shares taking place on Jan 15 at $49.00 for some 75,000 shares. The transaction amount was around $3.67 million. 

    Adverum Biotechnologies Inc. (ADVM) Director Machado Patrick bought on Jan 15 a total 78,182 shares at $11.52 on average. The purchase cost the insider an estimated $115,174.

    Important Earnings

    Top US earnings releases scheduled for today include FuelCell Energy Inc. (NASDAQ: FCEL). It will announce its Oct 2020 financial results. The company is expected to report earnings of -$0.04 per share from revenues of $17.05M in the three-month period. 

    Analysts expect Baker Hughes Company (NYSE: BKR) to report a net income (adjusted) of $0.17 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $5.42B. 

    Intel Corporation (INTC), due to announce earnings after the market closes today, is expected to report earnings of $1.1 per share from revenues of $17.5B recently concluded three-month period.

  • Pre-Market Cues: 29 Stocks Roaring for Change On December 24th

    Pre-Market Cues: 29 Stocks Roaring for Change On December 24th

    Ocugen Inc. (OCGN) stock plunged -8.85% to $2.37 in the pre-market trading after ‎reporting the appointment of a vaccine scientific advisory board comprised of leading academic and ‎industry experts in the vaccine field.‎

    Sundial Growers Inc. (SNDL), a Drug Manufacturers – Specialty & Generic ‎company, ‎dropped about -3.24% at $0.4838 in pre-market trading Thursday.‎

    Jaguar Health Inc. (NASDAQ: JAGX) shares are trading down -22.43% at $0.83 at the ‎time of writing after signing second agreement for $6 million non-dilutive financing transaction ‎involving the sale of royalty rights related to future Mytesi (Crofelemer) and Lechlemer revenue ‎Sstream. Company’s 52-week ranged between $0.19 to $1.08. Analysts have a consensus price target ‎of $2. ‎

    Onconova Therapeutics Inc. (ONTX) stock moved down -7.92 percent to ‎‎$0.465 ‎in ‎the pre-market trading.‎

    Acasti Pharma Inc. (ACST) tumbled over -4.77% at $0.4095 in pre-market trading ‎today following the announcement from the company that the Company’s management and Board of ‎Directors are unaware of any material change in the Company’s operations that would account for the ‎recent increase in market activity.‎

    FuelCell Energy Inc. (FCEL) lost over -4.55% at $12.81 in pre-‎market ‎trading ‎Thursday ‎December 24, 2020.‎

    Bionano Genomics Inc. (NASDAQ: BNGO) shares are trading down -3.87% at $0.745 ‎at the time of writing after the company announced publication revealing in side-by-side comparison ‎that method using PacBio sequencing ‎detects only 72% of the large structural variants detected by ‎optical Genome Mapping with Saphyr.‎ Company’s 52-week ranged between $0.25 to $1.39. Analysts ‎have a consensus price target of $1.25. ‎

    Marathon Patent Group Inc. (NASDAQ: MARA) shares are trading ‎up ‎‎7.31% ‎at ‎‎$11.6 ‎at the time of writing. Company’s 52-week ranged between $0.35 to ‎‎$14.08. ‎Analysts ‎have ‎a ‎consensus price target of $7.50.‎

    Zomedica Corp. (ZOM) is down more than -2.48% at $0.22 in pre-‎‎‎market ‎hours ‎Thursday December 24, 2020. The stock had jumped over 17.50% to $0.23 in ‎the ‎last ‎trading ‎session.‎

    Nano Dimension Ltd. (NNDM) is up more than 7.18% at $9.4 in pre-‎‎market ‎hours ‎Thursday December 24, 2020. The stock had dropped over -3.41% to $8.77 in the ‎last ‎trading ‎session.‎

    Before the trading started on December 24, 2020, Senseonics Holdings Inc. (SENS) is ‎up 79.29% to reach $1.16 following its declaration of financial and operational business updates. It has ‎been trading in a 52-week range of $0.35 to $1.78.‎

    Corbus Pharmaceuticals Holdings Inc. (CRBP) lost over -2.08% at $1.41 in pre-‎‎market ‎trading Thursday December 24, 2020.‎

    Before the trading started on December 24, 2020, Foresight Autonomous ‎Holdings ‎Ltd. ‎‎(FRSX) is down -20.87% to reach $4.55. It has been trading in a 52-week range ‎of $0.46 ‎to ‎‎$3.40.‎

    Canaan Inc. (CAN) is up more than 2.12% at $3.85 in pre-‎market ‎hours ‎Thursday ‎December 24, 2020. The stock had dropped over -8.94% to $3.77 in the last ‎trading ‎session.‎

    Avinger Inc. (AVGR) stock soared 76.25% to $0.61 in the pre-market trading after ‎reporting results of its annual meeting of stockholders. The most recent rating by Ladenburg ‎Thalmann, on March 09, 2018, is a Buy.‎

    Triterras Inc. (NASDAQ: TRIT) shares are trading up 16.58% at $14.06 ‎at ‎the ‎time ‎of ‎writing. Company’s 52-week ranged between $7.70 to $15.17. Analysts have ‎a ‎consensus ‎price ‎target ‎of $23.‎

    Tantech Holdings Ltd (TANH), a Household & Personal Products ‎company, ‎rose ‎about 3.29% at $1.57 in pre-market trading Thursday.‎

    Tonix Pharmaceuticals Holding Corp. (TNXP) grew over 36.36% at $0.9 in pre-market ‎trading today following the announcement from the firm that it has completed the purchase of an ‎approximately 44-acre site in Hamilton, Montana, for the construction of a vaccine development and ‎commercial scale manufacturing facility. ‎

    Gold Resource Corporation (GORO) stock moved down -6.85 percent to ‎‎$3.4 ‎in ‎the ‎pre-market trading.‎

    Nikola Corporation (NKLA) gained over 1.8% at $15.3 in pre-market trading ‎Thursday December 24, 2020. The company reported, on Wednesday, that Nikola and Republic ‎Services (RSG) have discontinued their collaboration on refuse truck development.‎

    Molecular Data Inc. (MKD) gained over 2.94% at $0.9027 in pre-‎‎‎market ‎trading ‎Thursday December 24, 2020.‎

    Gevo Inc. (GEVO), a Specialty Chemicals company, rose about 1.03% at $2.94 in pre-‎‎‎‎‎‎market trading Thursday.‎

    IZEA Worldwide Inc. (NASDAQ: IZEA) shares are trading up 3.9% at $1.6 at the time ‎of writing after reporting that it has set a Managed Services bookings record for the best Q4 in ‎company history. Company’s 52-week ranged between $0.07 to $3.13. IZEA Managed Services ‎Bookings Top 40% Growth in Q4 to Hit Record.‎

    Novan Inc. (NOVN) grew over 6.81% at $0.737 in pre-market trading today.‎

    Before the trading started on December 24, 2020, ReWalk Robotics Ltd. (RWLK) is ‎up 9.2% to reach $1.9. The firm recently revealed that it has donated one of its ReStore Exo-suits to ‎Brooks Rehabilitation, located in Jacksonville, Florida. It has been trading in a 52-week range of $0.41 to ‎‎$2.71.‎

    Inuvo Inc. (AMEX: INUV) shares are trading up 2.16% at $0.52 at the ‎time ‎of ‎writing. ‎Company’s 52-week ranged between $0.09 to $1.11. Analysts have a consensus price ‎target ‎of ‎‎$2.25.‎

    Aurora Mobile Limited (JG) stock soared 8.16% to $4.11 in the pre-market trading ‎following the announcement of a partnership deal with Taikang Life Insurance Co., Ltd., to strengthen ‎smart insurance solutions with AI rechnologies. The most recent rating by Goldman, on March 06, ‎‎2019, is a Neutral.‎

    fuboTV Inc. (FUBO) stock soared 3.73% to $54.55 in the pre-market ‎trading. ‎The ‎most recent rating by BMO Capital Markets, on December 23, 2020, is a Market perform.‎

    Farmmi Inc. (FAMI) is down more than -2.61% at $1.12 in pre-market hours ‎Thursday December 24, 2020. The company recently revealed its sales win to multi-channel ‎customers with over 100 retail stores in China and Canada. The stock had jumped over 1.77% to $1.15 ‎in the last trading session.‎

  • Top 15 Best Performing Medical Device Manufacture Companies Of 2020

    Top 15 Best Performing Medical Device Manufacture Companies Of 2020

    New medical innovations are emerging day by day and are playing a major role in the health care sector. Much of the credit for these new technological innovations go to the medical devices industry. Technological advancement is continuously changing the medical devices industry. The medical devices that provide and analyze data of patients within minutes are aiding the healthcare organizations to improve patients outcomes, lower costs, and enhance efficiency.

    2020 is the year of challenges and opportunities for many industries including the medical devices industry. The medical device industry is growing with fast speed and it doesn’t seem like it is going to be slowing down anytime soon. The growth in the medical devices industry has occurred because of increasing severe disease with the increasing population. These new diseases need new treatments that can reduce the symptoms in patients. The medical devices industry is important to patients for many reasons. Medical devices companies engaged in the innovations of new technologies that are helpful for patients with chronic diseases.

    Here are the top 15 leading players in the medical devices industry you should be holding right now:

    SmileDirectClub Inc. (NASDAQ: SDC)

    SmileDirectClub Inc. (NASDAQ: SDC) last closed at $11.27, in a 52-week range of $3.64 to $21.10. Analysts have a consensus price target of $10.08. SmileDirectClub Inc. (SDC) has partnered with Meredith Corporation (MDP) to introduce Telehealth Explained. Telehealth Explained is the new platform aimed to educate consumers about the many benefits of telehealth for physical, mental, and dental health.  SmileDirectClub Inc.’s market cap has remained high, hitting $4.66 billion at the time of writing.

    CHF Solutions Inc. (CHFS)

    CHF Solutions Inc. (CHFS) stock soar by 5.85% to $0.32. CHF Solutions Inc. (CHFS) has earlier disclosed that it has received 180-extension to meet the Nasdaq minimum bid price requirement. The company has now the time since February 24, 2021, to meet all the requirements.  CHFS has earlier hosted the interactive, physician-led webinar to discuss “Precision Medicine for the Treatment of Fluid Overload in Patients with Acute Heart Failure.” CHF Solutions has a 52-weeks low and high range of $0.28 and a low range of $2.92.

    Abbott Laboratories (NYSE: ABT)

    Abbott Laboratories (NYSE: ABT) stock soar by 2.89% to $105.81. The most recent rating by Goldman, on June 01, 2020, is at a Sell. Abbott Laboratories (ABT) has earlier disclosed that it has initiated the LIFE-BTK clinical trial to evaluate the safety and effectiveness of the company’s new Esprit™ BTK Everolimus-Eluting Resorbable Scaffold System.  ABT has a 52-weeks low and high range of $61.61 and $114.19, respectively. It has a market cap of $189.80 billion at the time of writing.

    Avinger Inc. (NASDAQ: AVGR)

    Avinger Inc. (NASDAQ: AVGR) Shares headed rising, higher as much as 3.70%. The most recent rating by Ladenburg Thalmann, on March 09, 2018, is at a Buy. Avinger Inc. (AVGR) has earlier disclosed that the underwriter of its earlier revealed underwritten public offering has practiced, in full, their option to purchase an additional 1,000,000 shares of the Company’s common stock at a price of $0.47 per share. Avinger Inc.’s market capitalization has remained high, hitting $36.67 million at the time of writing.

    InspireMD Inc. (AMEX: NSPR)

    InspireMD Inc. (AMEX: NSPR) fall -7.23% after losing more than -$0.02 on Wednesday. InspireMD Inc. has disclosed that it has received the FDA approval to proceed with a pivotal study of the CGuard Carotid Stent System, CARENET-III, for prevention of stroke in patients in the United States.  The FDA approval of Investigational Device Exemption (IDE) has been proved to be useful for the company as it is now able to conduct the trial to check the potential of CGuard EPS against carotid artery disease.

    BIOLASE Inc. (NASDAQ: BIOL)

    BIOLASE Inc. (NASDAQ: BIOL) last closed at $0.30, in a 52-week range of $0.21 to $1.16. BIOLASE Inc. (BIOL) has disclosed that Todd Norbe, President and CEO, and John Beaver, COO, and CFO, will be providing an overview of the Company, as well as recent progress and achievements at the Colliers & Co.  Institutional Investor Conference on Thursday, September 10, 2020. BIOLASE Inc. has a market capitalization of $26.66 million at the time of writing.

    Stryker Corporation (NYSE: SYK)

    Stryker Corporation (NYSE: SYK) stock soar by 2.66% to $205.41. The most recent rating by Barclays, on April 13, 2020, is at an Underweight. Stryker Corporation (SYK) has earlier revealed that it will take part in the Morgan Stanley 18th Annual Virtual Global Healthcare Conference on Tuesday, September 15, 2020. This company’s market capitalization has remained high, hitting $77.31 billion at the time of writing.

    Livongo Health Inc. (NASDAQ: LVGO)

    Livongo Health Inc. (NASDAQ: LVGO) last closed at $128.03, in a 52-week range of $15.12 to $150.00. Analysts have a consensus price target of $130.41. Livongo Health Inc. (LVGO) disclosed that executives of Livongo Health and the executives from Teladoc Health will be participating in the following upcoming investor conferences. It had a trading volume of 1.72 million as compared to the average volume of 4.89 million.

    Boston Scientific Corporation (NYSE: BSX)

    Boston Scientific Corporation (NYSE: BSX) shares headed rising, higher as much as 1.49% after Boston Scientific Launches Vercise Genus™ DBS System In Europe. The most recent rating by SVB Leerink, on April 22, 2020, is at an Mkt perform. Boston Scientific Corporation (BSX) has a 52-weeks low and high range of $24.10 and $46.62, respectively. It has a market cap of $59.43 billion at the time of writing.

    Medtronic plc (NYSE: MDT)

    Medtronic plc (NYSE: MDT) rose 1.99% after gaining more than $2.08 on Wednesday. Medtronic Receives Breakthrough Device Designation from FDA, Begins Early Feasibility Study for Investigational Intrepid™ Transcatheter Valve System for the Treatment of Tricuspid Valve Regurgitation. Medtronic plc (MDT) has traded up 47.87% from its 52-weeks low and traded down -12.68% from its 52-weeks high.

    Ra Medical Systems Inc. (RMED)

    Ra Medical Systems Inc. (RMED) last closed at $0.25, in a 52-week range of $0.26 to $2.69. Ra Medical Systems to Present at H.C. Wainwright 22nd Annual Global Investment Conference on September 16. Ra Medical Systems Inc. (RMED) has traded down -2.46% from its 52-weeks low and traded down 90.57% from its 52-weeks high.

    Hancock Jaffe Laboratories Inc. (NASDAQ: HJLI)

    Hancock Jaffe Laboratories Inc. (NASDAQ: HJLI) shares were trading up 12.80% at $0.41 at the time of writing on Wednesday. Hancock Jaffe Laboratories Inc. (NASDAQ: HJLI) share price went from a low point around $0.21 to briefly over $1.03 in the past 52 weeks, though shares have since pulled back to $0.41. HJLI market cap has remained high, hitting $16.12M at the time of writing.

    Nano-X Imaging Ltd. (NASDAQ: NNOX)

    Nano-X Imaging Ltd. (NASDAQ: NNOX) shares headed rising, higher as much as 7.76% after Nanox Signs Agreement With SPI Medical for the Deployment of 630 Nanox. Its stock has fluctuated between the 52-weeks low of $20.25 and a 52-weeks high range of $43.48. NNOX has moved up 117.33% and 1.24% from its 52-weeks low and high, respectively. Its market capitalization has remained high, hitting $2.08 billion.

    Edwards Lifesciences Corporation (NYSE: EW)

    Edwards Lifesciences Corporation (NYSE: EW) rose 3.26% after gaining more than $2.68 on Wednesday. Edwards Lifesciences Corporation (EW) stock has fluctuated between the 52-weeks low of $51.51 and a 52-weeks high range of $87.79. EW has moved up 64.72% from its 52-weeks low and moved down -3.36% from its 52-weeks high, respectively. Its market capitalization has remained high, hitting $54.00 billion.

    Wright Medical Group N.V. (NASDAQ: WMGI)

    Wright Medical Group N.V. (NASDAQ: WMGI) stock drop by -0.26% to $30.30. The most recent rating by Jefferies, on December 24, 2019, is at a Hold. Wright Medical Group N.V. (WMGI) has a 52-weeks low and high range of $19.04 and $30.66, respectively. It has a market capitalization of $2.92 billion.

  • Top Bio-Tech Stocks to Watch as U.S Major Indices Slump Pre-Market

    Top Bio-Tech Stocks to Watch as U.S Major Indices Slump Pre-Market

    U.S stocks are headed to a negative start, with the NASDAQ leading the way in losses. The losses are a continuation of the bearish momentum that gripped the markets last week. The heavy selloff in the NASDAQ follows the revelation that the massive tech rally that characterized the market earlier was the result of an aggressive buying spree by Softbank.

    This has created a chaotic trading environment as investors rush to sell and take profits. It’s an indicator that investors are not confident that there was any fundamental justification for the run-up in price. For context, stocks like Tesla and Apple had rallied by between 30% and 50% in a very short time, with the fundamentals remaining relatively unchanged.

    There is also the fact that the Federal Reserve had dampened the market mood with data showing a relatively weakened labour market. This points to a situation whereby the equity markets have not been reflective of the economy. This mismatch could see the stock markets correct further in the day, with the relatively weak trading day in Europe being a pointer on market direction. Nonetheless, there are stocks that are weathering this environment and are gaining quite strongly pre-market. Some of the stocks that are gaining are:

    Biocept Inc [NASDAQ: BIOC]

    Biocept is a top performer ahead of markets and is up by 700%. This rally comes days after the company announced a 1 for 10 reverse split. The split was announced on 4th September but will become effective today when markets open. The goal of the split is to raise the price and allow the company to hold above $1 and maintain its listing on the NASDAQ. The company further announced that no fractional shares would be issued with regards to the split.

    Albireo Pharma Inc [NASDAQ: ALBO]

    This is another top performer pre-market and is up by over 80%. This follows the company’s announcement that its phase 3 trials for Odevixibat had met its primary endpoints. The company’s CEO Ron Cooper stated that Odevixibat had clinically shown to lower bile acids in patients suffering from PFIC1 and PFIC2. He added that the results were a confidence boost for the company in its current BOLD pivotal trial for the treatment of Alagille syndrome that will start this year.

    InspireMD Inc [NYSE: NSPR]

    This is another top performer pre-market and is up by over 30%. This follows the company’s announcement that the U.S F.D.A had approved it to go ahead with a study of CGuard™ in preventing stroke.  CEO, Marvin Slosman, stated that this was a major milestone in the company’s plans for worldwide expansion.