STOCKS TELEGRAPH

Tag: PHUN

  • 3 Stocks to Consider: Hillcrest Energy Technologies (HLRTF), Phunware (PHUN), CISO Global (CISO)

    3 Stocks to Consider: Hillcrest Energy Technologies (HLRTF), Phunware (PHUN), CISO Global (CISO)

    Recent movements in the small-cap space reflect an environment of heightened volatility, driven by shifting investor sentiment and macroeconomic uncertainty. Price trends and momentum signals suggest a dynamic interplay of forces affecting these stocks. Evaluating technical patterns, trading volume, and key support and resistance levels can help uncover the underlying drivers of market behavior.

    Hillcrest Energy Technologies Ltd. (HLRTF)

    Hillcrest Energy Technologies Ltd. (HLRTF) delivered a modest price increase in its latest session, supported by a noticeable uptick in trading volume compared to recent days. While the company remains in a volatile nano-cap category, higher participation may indicate growing investor awareness. This shift could reflect early positioning ahead of upcoming catalysts.

    Market Momentum

    On March 31, HLRTF closed at $0.1100, up 1.10%, with volume of 101,000 shares compared to an average of 194,333. The company’s market cap stands at $11.034M, with EPS (TTM) of -0.0600 and beta of -0.41. The stock continues to trade within its 52-week range of $0.0490 to $0.1700.

    Strategic Expansion

    Hillcrest updated its shares-for-debt offering, increasing the total value from $500,000 to $550,000. The units remain priced at $0.18 with warrants exercisable at $0.20, and a portion will be used to settle outstanding director fees. This adjustment reflects a more proactive approach to financial management.

    Product Focus

    The company’s ZVS technology continues to provide a foundation for improved efficiency by reducing switching losses and minimizing electromagnetic interference. These benefits enable smaller, more cost-effective systems across applications. The platform supports both grid and EV markets.

    Sector Outlook

    Increased trading volume alongside price stabilization can signal improving sentiment in early-stage companies. As Hillcrest progresses toward key milestones, sustained participation may follow. Execution remains the primary driver.

    Phunware Inc (PHUN)

    Phunware Inc (NASDAQ: PHUN)’s stock price has increased by 4.73% compared to its previous closing price of $1.69. However, the company has seen a -5.35% decrease in its stock price over the last five trading sessions, with a monthly decline of -0.56% and a quarterly decrease of -6.35%. The volatility ratio for the week is 7.02%, and the volatility levels for the last 30 days are 5.57% for Phunware Inc (PHUN). The simple moving average for the last 20 days is 0.97% for PHUN stock, with a simple moving average of -25.86% for the last 200 days.

    PHUN Trading at -0.61% from the 50-Day Moving Average

    After a stumble in the market that brought PHUN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with 54.38% of loss for the given period. Volatility was left at 5.57%; however, over the last 30 days, the volatility rate increased by 7.02%.

    CISO Global Inc (CISO)

    The stock price of CISO Global Inc (NASDAQ: CISO) has jumped by 7.30% compared to the previous close of $0.32. Despite this, the company has seen a fall of -3.71% in its stock price over the last five trading days, with a monthly drop of -14.90% and a quarterly drop of -22.07%. The volatility ratio for the week is 9.59% while the volatility levels for the last 30 days are 8.08% for CISO Global Inc The simple moving average for the last 20 days is -8.20% for CISO’s stock, with a simple moving average of -56.20% for the last 200 days.

    CISO Trading at -11.18% from the 50-Day Moving Average

    After a stumble in the market that brought CISO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with a -79.67% of loss for the given period. Volatility was left at 8.08%; however, over the last 30 days, the volatility rate increased by 9.59%.

  • Phunware Inc (PHUN) stock is gaining in the pre-market. Here’s why

    The stock of Phunware Inc (PHUN) closed the recent trading session at $3.18, losing 3.05% from the previous trading session. The stock surged in the pre-market, gaining 13.52% to $3.61. PHUN filed the form SC 13G/A with the SEC on February 14, 2022. The form refers to the acquisition of beneficial ownership of 5% or more of equity securities. The company also announced the PhunToken uniswap liquidity pool rewards program.

    News

    On February 17, 2022, Phunware Inc (PHUN) announced the launch of PhunToken (PTHK) liquidity swap rewards for a trading pair of Ether-PhunToken. The program will be launched at Uniswap V2. Besides, the PTHK is currently available on the Phuntoken website for purchase against BTC, US Dollar, or ETH.

    The reward program will release next month. The eligible wallets will get the first reward in April. The entitled providers will get the rewards for at least a 30-day period. These rewards are apart from the 0.3% fee that the providers get from the Uniswap trades.

    The CEO of PHUN, Alan S. Knitowski, said that they are excited to make this significant next stride in commercializing a genuinely decentralized data economy. This can use the features and abilities of their Multiscreen-as-a-Service (MaaS) stage. He further added that exchanges like Uniswap will help them in decentralizing the PhunToken and will stretch out admittance to MaaS usefulness, globally.

    Moreover, the eligibility criteria for PhunToken are that members should effectively finish the KYC/AML process. Further, each liquidity is expectable for the reward after 30 days of addition. Not only also, but all members will also split the reward pool. If ETH-PHTK liquidity is taken out anytime, all past liquidity for that lock period will be excluded.

    About PHUN

    Phunware Inc (PHUN) participates in the development of a Multiscreen-as-a-Service platform (MaaS) for mobile. In addition, the products and services include mobile software licenses in software development kits (SDKs) form utilized inside mobile applications. The company has its headquarter in Austin, Texas, United States of America (USA).

     

     

  • Phunware Inc. (PHUN) stock surged in the premarket trading session; here’s why

    In the premarket trading session, Phunware Inc. (PHUN stock) jumped up by 5.45% to trade at the price of $1.16 at last check. PHUN stock previously closed the session at a loss of -2.65% at $1.10. The PHUN stock volume traded 1.33 million shares, while in the past 50 days the average daily volume of share has been 2.28 million. In the past year, PHUN shares shed -23.61% and they dropped down in the past week by -13.39%. In the past three and six months, the stock has shed-30.82%, and -9.09% respectively. Furthermore, the PHUN stock is currently valued in the market at $80.08 million and has 64.59 million outstanding shares.

    What you need to know about Phunware Inc.

    Phunware Inc. is a Software-as-a-Service (SaaS) providing company that specifically provides integrated software platform. The company’s business model is b2b where it provides companies products, solutions, management tools and services as well.  The products and services also include cloud-based software which provides licenses in software development kits. The structure used inside versatile applications, for example, analytics that identifies information with application use and commitment; content administration that allows users to make and oversee application content in a cloud-based gateway; cautions, notices, and informing; showcasing mechanization that empowers area set off messages and work process; as well as a platform for promotion.

    There is also on-field based administrations and management that incorporate planning, route, wayfinding, work process, resource the executives, and strategy implementation. The organization likewise connects with the combination of its SDK licenses into existing applications kept up with by its clients, just as custom application improvement and backing administrations; arrangement of cloud-based vertical answers for medical care, retail, sports, avionics, land, accommodation, instruction, and different applications; and offering application exchanges, including re-happening and once value-based media buys for application disclosure, client obtaining and crowd building, crowd commitment, and crowd adaptation.

    Expansion of Phunware’s token and licensing of its Smart Hospitality Solution to a new client

    The company has announced that it has expanded its licensing offering for the Smart Hospitality Solution (SHS) to one of the largest resorts internationally known. Previously the company had a lot of hype and demand for its new digital currency known as PhunToken. It had launched an online portal for its purchasing. PhunToken has a blockchain-engaged Mobile Loyalty Ecosystem to assist with driving responsibility by opening the features and limits of Phunware’s Multiscreen-as-a-Service (“MaaS”) stage. PhunToken is planned to progress advantageous deal compensating purchasers for their movement, like watching marked recordings, completing outlines proposed to grasp purchasing plants and visiting characteristics of interest.

    It comes as no surprise that the hospitality industry is also trying to engage its customers on the online platform, in order to drive demand up post-pandemic. This is why the leading international luxury resort has acquired PHUN stock’s SHS to keep aware of pandemic related safety issues as well as provide tech-enabled experiences.The software will allow its customer to have access to exclusive features like Location based services, Mobile Engagement, Analytics, Content Management and Audience Monetization.

  • Phunware, Inc. (PHUN) Stock on the Rise Following Ten Million PhunToken Sweepstakes Announcement

    Phunware, Inc. (PHUN) Stock on the Rise Following Ten Million PhunToken Sweepstakes Announcement

    Phunware, Inc. (PHUN) stock prices were up by a significant 7.1428% shortly after market trading commenced on June 29th 2021, bringing the price up to USD$1.425 early on in the trading day.

    Ten Million PhunToken Sweepstakes

    June 28th, 2021 saw PHUN announce its Ten Million PhunToken Sweepstakes, which will coincide with the release of PhunWallet on the Apple app store. The release will see PhunWallet penetrate both the Apple and Android markets, having already been launched on Google Play. The Sweepstakes will commence at the end of July and will provide participants with the opportunity to early daily entries by engaging with content inside of the PhunWallet app. As per the initiative, 10 winners will be selected to receive one million PhunTokens each.

    PhunWallet

    The company hopes to combine its PhunWallet and its dual token economy to provide an innovative new platform to brands and consumers. The platform will serve to give stakeholders more control over their data and compensates consumers fairly for their participation. PhunWallet is a cryptocurrency wallet and mobile application that works in conjunction with the company’s proprietary blockchain-enabled data exchange and mobile loyalty ecosystem. The data exchange and ecosystem are respectively powered by PhunCoin and PhunToken.

    PHUN Cryptocurrency

    Being a regulated store of value, PhunCoin serves to compensate users for their data, while PhunToken is designed to be a medium of exchange that encourages profitable behaviour by unlocking key features of the company’s MaaS platform that reward and measure engagement.PhunCoin issuances identified by the SDK for Apple and Android can be manage by PhunWallet, facilitating the rewarding of consumers for their data with PhunCoin by third-party mobile applications.

    PhunWallet Services

    Besides managing PhunToken purchases, PhunWallet allows user to manage PhunCoin purchases made in accordance with approved exemptions. PhunTokens can be earned by participating in activities that foster profitable behaviour, such as watching branded videos, completing surveys and visiting points of interest. The platform also facilitates the discovery of brands, deals, and opportunities that are tailored to users. Through PhunWallet, users can opt in or out of specific audience segments that are used by brands to personalize data-enriched media without compromising their PII.

    Future Outlook for PHUN

    With the company set to be acquired, PHUN is poised for the expanded facilities that will be made available to it to drive further 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.

  • Phunware, Inc. (PHUN) stock is popping high today: Why is it so?

    Phunware, Inc. (PHUN) stock is popping high today: Why is it so?

    Shares of Phunware, Inc. (PHUN) stock were popping high today after the spread of the news that Phunware board of directors has authorized the Bitcoin purchases for the launch of the Blockchain ecosystem after which the PHUN stock price saw a push of  25.58% to reach $2.16 a share at the time of this writing.PHUN stock seemed green at the previous trading session and closed with a 6.17% gain. Let’s have a look at current events.

    What’s happening?

    Phunware, Inc is the provider of an integrated software platform to brands worldwide to monetize their mobile application portfolios.PHUN’s board of directors has authorized the Bitcoin purchases for the launch of its Maas Customer Data Platform and Maas Mobile Loyalty Ecosystem both of which are equipped with Blockchain technology.

    PHUN stock is expected to release its mobile application PhunWallet on both iOS and android soon this month after getting approvals from Apple App Store and Google Play Store.PhunWallet will reward consumers PhunCoin and PhunToken for the value of their data and engagement, respectively.

    Recent Developments:

    According to the management, Phunware recently completed the purchase of 25.8 bitcoin at an average price of $58,133 per bitcoin. PHUN stock has recently signed an agreement with BitPay in order to expand its corporate benefits package. Employees would be provided cryptocurrency payroll options including Bitcoin, in connection with this agreement.

    Financial View of PHUN stock:

    On March 26, 2021, Phunware stock announced the fourth quarter and full-year 2020 financial results according to which PHUN stock recorded $10.0 million net revenue in 2020. Revenue from the MaaS platform totaled $9.1 million for PHUN in 2020. Gross margin was 66.4% in 2020 while net loss and net loss per share were $22.2 million and $0.50, respectively.

    In the fourth quarter of 2020, earnings per share fell by 20% while the revenue was reduced by 24.93% as compared to the same period of the prior year to drop at $2,018,000 and missed the estimate of  $3,200,000.

    Conclusion:

    Investors are responding to the news of PHUN stock related to authorization of Bitcoin purchase by the board of directors of Phunware. Management is focused on the adoption of cryptocurrencies as well as providing blockchain services to various enterprises. Financial results of PHUN stock showed a declined growth in terms of its revenue. In a nutshell, deep fundamental and technical analysis is necessary before adding PHUN stock to the portfolio.

  • Early Morning Vibes: Top 4 Stocks To Buy Right Now

    Early Morning Vibes: Top 4 Stocks To Buy Right Now

    The Nasdaq Composite and S&P 500 stocks closed at record highs on Monday amid fluctuations in technology stocks, while investors awaited the release of multiple financial reports.

    The Nasdaq rose 92.93 points, or 0.7%, to 13635.99 points at the end of the volatile session. The index jumped 1.4% early in the day, then dropped 1.3% and then recovered. At the same time, there were no clear catalysts for such dynamics of the index.

    The S&P 500 added 13.89 points, or 0.4%, to 3855.36 points. The Dow Jones Industrial Average fell 36.98 points, or 0.1%, to 30960.00 points. Investors are worried about disruptions in the supply of Covid-19 vaccines. Pharmaceutical giant Merck has announced that it is ending work on a Covid-19 vaccine due to disappointing test results. Thus, a major participant dropped out of the race to create an effective vaccine. Meanwhile, its competitor, AstraZeneca, warned on Friday that shipments of its vaccine to the European Union would fall short of forecast.

    Vaccination problems and the spread of new strains of coronavirus have contributed to the recent rally in technology stocks. Tech corporations should benefit from this situation, as companies and employees who have switched to telecommuting are increasingly using digital technology.

    Corporate News

    Tech stocks were volatile. Apple shares gained 2.8%. Shares of data scientist Palantir Technologies, which is due to present its software on Tuesday, jumped 11.0% after posting a 21.0% gain throughout the day.

    Twitter and Etsy were down 0.5% and 2.2%, respectively, while rallying in early trading. Among the outsiders in the United States were also shares of financial and oil and gas companies. Chevron lost 0.9%, Goldman Sachs – 2.2%, which affected the DJIA.

    Meanwhile, shares of Kimberly Clark, a maker of Kleenex wipes and Huggies diapers, rose 3.3% after it forecast net sales to rise in 2021. It also raised its quarterly dividend and announced a new $ 5 billion share buyback program. Shares of special-purpose M&A firm TS Innovation Acquisitions, part of the Tishman Speyer real estate group, jumped 44.0%.
     The yield on the 10-year US Treasury bond fell from 1.090% on Friday to 1.038%.

    Today Top Movers

    Adamas Pharma (ADMS), a drug manufacturer company, soared about 15.35% ‎at $5.86 in pre-market ‎trading Tuesday. The FDA decision on the expanded use of Adamas Pharma’s lead drug GOCOVRI is expected on February 1, 2021.‎

    ‎Arcimoto Inc (FUV) share price jumped 2.29% to $21.85 during the early morning ‎trading session on ‎Tuesday after the company revealed that it has reached an agreement to acquire Tilting Motor Works.

    ‎US Well Services Inc (USWS) stock ascended 13.08% at $1.10 in the pre-market trading today after receiving notice from the Nasdaq stock market that it has regained compliance with Nasdaq Listing Rule 5550(b)(2).

    ‎Phunware Inc (PHUN) gained over 21.37% at $1.76 in pre-market ‎trading as Today Phunware COO Randall Crowder will be presenting at the Proactive Investors One2One Investor Forum about the company’s 2021 roadmap for the commercial launch of its blockchain-enabled customer data platform and mobile loyalty ecosystem.

    Top Upgrades & Downgrades

    Goldman Sachs turned bullish on DraftKings Inc. (DKNG), upgrading the stock to “Buy” and assigning a $65.0 price target, representing a potential upside of 26.73% from Monday’s close.

    FVCBankcorp Inc. (FVCB) 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 $19.0, suggesting 20.03% additional upside for the stock.

    Colgate-Palmolive Company (CL) received an upgrade from analysts at Berenberg, who also set their one-year price target on the stock to $76.0. They changed their rating on CL to Hold from Sell in a recently issued research note.

    Earlier Tuesday BMO Capital reduced its rating on Sonoco Products Company (SON) stock to Market Perform from Outperform and assigned the price target to $65.

    RBC Capital analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for BlackBerry Limited (BB) has been changed to Underperform from Sector Perform.

    Analysts at Goldman Sachs downgraded Delek US Holdings Inc. (DK)’s stock to Sell from Neutral Tuesday.

    Latest Insider Activity

    Facebook Inc. (FB) COB and CEO Zuckerberg Mark announced the sale of shares taking place on Jan 22 at $275.79 for some 55,869 shares. The total came to more than $15.41 million.

    Twitter Inc. (TWTR) Engineering Lead Montano Michael sold on Jan 20 a total 664,770 shares at $46.23 on average. The insider’s sale generated proceeds of almost $0.1 million.

    The Blackstone Group Inc. (BX) 10% Owner Blackstone BDC Holdings LLC declared the purchase of shares taking place on Jan 07 at $25.00 for some 997,940 shares. The transaction amount was around $24.95 million.

    Arcadia Biosciences Inc. (RKDA) Chief Executive Officer Plavan Matthew T bought on Aug 03 a total of 14,285 shares at $3.16 on average. The purchase cost the insider an estimated $1,849.

    Important Earnings

    Top US earnings releases scheduled for today include General Electric Company (NYSE: GE). It will announce its Dec 2020 financial results. The company is expected to report earnings of $0.09 per share from revenues of $21.83B in the three-month period.

    Analysts expect Advanced Micro Devices Inc. (NASDAQ: AMD) to report a net income (adjusted) of $0.47 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $3.02B.

    Microsoft Corporation (MSFT), due to announce earnings after the market closes today, is expected to report earnings of $1.64 per share from revenues of $40.18B recently concluded three-month period.

  • 23 Stocks Making Sharp Moves in Pre Market Session

    23 Stocks Making Sharp Moves in Pre Market Session

    ‎Bionano Genomics Inc. (BNGO) stock soared 46.62% to $1.95 in the pre-‎market ‎trading after reporting that Praxis Genomics, LLC received accreditation from the College of ‎American ‎Pathologists (CAP). The most recent rating by Ladenburg Thalmann, on September 24, 2020, ‎is a Buy.‎

    ‎Tenax Therapeutics Inc. (NASDAQ: TENX) shares are trading down -7.07% at $1.84 ‎at ‎the time of writing. Company’s 52-week ranged between $0.25 to $2.68.‎

    ‎Ideanomics Inc. (IDEX) stock soared 2.87% to $2.15 in the pre-market trading. ‎The ‎company recently revealed that its Mobile Energy Global (“MEG”) and its contracting entity ‎Qingdao ‎Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between ‎BYD and ‎Didi, to purchase an initial 2,000 units of model BYD D1. ‎

    ‎Oxbridge Re Holdings Limited (OXBR) stock moved down -6.83 percent to $1.91 ‎in ‎the pre-market trading.‎

    ‎Guardion Health Sciences Inc. (NASDAQ: GHSI) shares are trading up 12.48% ‎at ‎‎$0.4289 at the time of writing. The firm lately declared the appointment of seasoned ‎nutritional ‎products industry leader Bret Scholtes as President and Chief Executive Officer. Company’s ‎‎52-week ‎ranged between $0.17 to $0.74.‎

    ‎Gevo Inc. (GEVO) is down more than -4.76% at $4.4 in pre-market ‎hours ‎Wednesday December 30, 2020. The stock had dropped over -4.15% to $4.62 in the last ‎trading ‎session.‎

    ‎Universal Security Instruments Inc. (UUU) stock moved up 5.0 percent to $5.25 ‎in ‎the pre-market trading following its statement regarding recent market activity in the ‎Company’s ‎stock.‎

    ‎Marathon Patent Group Inc. (MARA) gained over 10.03% at $12.94 in pre-‎market ‎trading Wednesday December 30, 2020. The company recently reported that it has entered ‎into a ‎contract with Bitmain to purchase 70,000 Antminer S-19 ASIC miners.‎

    Before the trading started on December 30, 2020, Ocugen Inc. (OCGN) is down -‎‎‎7.83% to reach $2.0. It has been trading in a 52-week range of $0.17 to $3.05.‎

    Before the trading started on December 30, 2020, Moderna Inc. (MRNA) is ‎up ‎‎3.59% to reach $118.5 following the declaration from the company that the it is engaged in ‎discussions ‎with the government of South Korea to potentially provide 40 million or more doses of the ‎Moderna ‎COVID-19 Vaccine to support South Korea’s aim of providing vaccines to the public as soon as ‎possible. ‎It has been trading in a 52-week range of $17.68 to $178.50.‎

    ‎Riot Blockchain Inc. (RIOT) stock soared 6.02% to $16.74 in the pre-market trading.‎

    ‎Technical Communications Corporation (NASDAQ: TCCO) shares are trading down -‎‎‎16.78% at $4.76 at the time of writing after declaring its results for the fiscal year ended September ‎‎26, ‎‎2020. Company’s 52-week ranged between $1.72 to $7.00.‎

    ‎Tonix Pharmaceuticals Holding Corp. (TNXP) is up more than 2.21% at $0.6695 ‎in ‎pre-market hours Wednesday December 30, 2020. The stock had dropped over -6.16% to $0.65 in ‎the ‎last trading session.‎

    ‎AstraZeneca PLC (AZN) gained over 2.26% at $51.03 in pre-market ‎trading ‎Wednesday December 30, 2020 after receiving approval of its coronavirus vaccine in U.K.‎

    ‎New Concept Energy Inc. (AMEX: GBR) shares are trading down -14.75% at $2.08 ‎at ‎the time of writing. Company’s 52-week ranged between $0.55 to $2.19.‎

    ‎Moleculin Biotech Inc. (MBRX) stock plunged -1.67% to $0.8279 in the pre-‎market ‎trading after declaring that that the US Food and Drug Administration (FDA) has granted ‎Orphan Drug ‎Designation (ODD) to Annamycin for treatment of soft tissue sarcomas.‎

    ‎MoSys Inc. (MOSY), a Semiconductors company, dropped about -13.22% at $2.1 ‎in ‎pre-market trading Wednesday.‎

    Before the trading started on December 30, 2020, Greenpro Capital Corp. (GRNQ) ‎is ‎down -2.15% to reach $1.82. The company lately revealed that it intends to set up a Bitcoin ‎‎($BTC) ‎Fund for investment. It has been trading in a 52-week range of $0.21 to $3.12.‎

    ‎Nxt-ID Inc. (NXTD) gained over 9.92% at $1.44 in pre-market trading ‎Wednesday ‎December 30, 2020.‎

    ‎Hepion Pharmaceuticals Inc. (HEPA) gained over 50.0% at $3.12 in pre-‎market ‎trading Wednesday December 30, 2020 after declaring positive top line data for low dose ‎CRV431 in ‎Phase 2a ‘AMBITION’ clinical trial for treatment of Advanced NASH.‎

    ‎XPeng Inc. (XPEV) is up more than 3.13% at $42.85 in pre-market hours ‎Wednesday ‎December 30, 2020. The stock had jumped over 9.31% to $41.55 in the last trading session.‎

    ‎BioNTech SE (BNTX) is up more than 3.5% at $91.37 in pre-market hours ‎Wednesday ‎December 30, 2020 following declaration from the financial magazine Caixin that Shanghai ‎Fosun ‎Pharmaceutical Group will set up a joint venture with BioNTech to produce COVID-19 vaccines in ‎China. ‎The stock had jumped over 0.19% to $88.28 in the last trading session.‎

    Before the trading started on December 30, 2020, Bit Digital Inc. (BTBT) is up ‎‎14.58% ‎to reach $12.1. It has been trading in a 52-week range of $0.28 to $12.45.‎

  • What Software Application Sector can offer?

    What Software Application Sector can offer?

    In the stock market this year, software stocks show strong development. The software has ‎become a ‎fundamental part of how many things function, so logically, it has become a ‎fundamental part of how a ‎lot of things work. This is why companies have boosted corporate ‎investments in digital acceleration as ‎a result of the coronavirus pandemic. The stock ‎market is seeing a record year for many of the top ‎software stocks. Enterprise software-as-‎a-service (SaaS), cloud computing, and cybersecurity are key ‎areas of interest. All of them ‎improve our way of working in the digital space.

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    ‎ ‎
    There were plenty of headline-grabbing buyouts and massive new funds for the US private ‎equity ‎industry this year. It was a year of a lot of unusual and unprecedented events, as we ‎all know. ‎Following March’s coronavirus outbreak, buyout investors spent the rest of 2020 ‎dealing with the ‎shockwaves.

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    ‎ ‎
    Over the past few years or so, private equity companies have demonstrated an increasing ‎acceptance ‎of the software sector, trailing in industry leaders’ footsteps. That persisted in ‎‎2020, with the ‎percentage of US PE investments hitting an all-time high in the information ‎technology industry. ‎Buyers migrated to all types of tech companies this year, with the ‎public market’s surprising resilience ‎during the pandemic being partly attributed to a surge ‎in tech stocks.
 ‎‎

    Riot Blockchain Inc. (NASDAQ:RIOT) shares were trading up 32.65% at $14.65 at ‎the time of writing on Tuesday after reporting an expected 65% increase in bitcoin mining hash rate ‎capacity resulting from the purchase and future deployment of 15,000 S19 Pro and S19j Pro Antminers ‎from Bitmain Technologies Limited.

    Riot Blockchain Inc. (NASDAQ:RIOT) share price went from a low point around ‎‎$0.51 to briefly over $11.85 in past 52 weeks, though shares have since pulled back to $14.65. RIOT ‎market cap has remained high, hitting $771.50M at the time of writing, giving it price-to-sales ratio of ‎more than 90.

    ‎Ideanomics Inc. (IDEX) last closed at $2.14, in a 52-week range of $0.28 to $4.75. ‎the firm on December 15, 2020 declared its Mobile Energy Global (MEG) division’s sales activities for ‎the month of November.

    ‎Aurora Mobile Limited (JG) stock soar by 50.16% to $4.79 after declaring a ‎partnership with a global leading new energy vehicle manufacturer to deliver an enhanced intelligent ‎driving experience. The most recent rating by Goldman, on March 06, 2019, is at a Neutral.

    Luminar Technologies Inc (NASDAQ:LAZR) Shares headed rising, higher as much ‎as 6.32%. The most recent rating by Deutsche Bank, on December 18, 2020, is at a Buy.

    ‎Uber Technologies Inc. (NYSE:UBER) rose 3.82% after gaining more than $1.98 ‎on Tuesday. The company on December 9, 2020 revealed the pricing of $1.0 billion convertible senior ‎notes offering.

    ‎Cloudera Inc. (CLDR) last closed at $14.64, in a 52-week range of $4.76 to $14.20. ‎The firm reported on December 4, 2020 that total revenue for the third quarter was $217.9 million, an ‎increase of 10% as compared to the third quarter of fiscal 2020. Analysts have a consensus price target ‎of $14.50.

    ‎Slack Technologies Inc. (WORK) stock soar by 0.73% to $42.88. On December 2, ‎‎2020, the company released strong third quarter fiscal year 2021 results. The most recent rating by ‎Morgan Stanley, on December 09, 2020, is at an Equal-weight.

    ‎salesforce.com inc. (NYSE:CRM) Shares headed rising, higher as much as 2.08%. ‎The company declared a partnership with IBM to help organizations and individuals verify vaccine and ‎health status The most recent rating by BofA Securities, on December 16, 2020, is at a Buy.

    ‎ZoomInfo Technologies Inc. (NASDAQ:ZI) rose 5.23% after gaining more than ‎‎$2.31 on Tuesday after revealing that it has won three more Comparably Awards for company culture ‎excellence in 2020.

    ‎Phunware Inc. (PHUN) last closed at $1.01, in a 52-week range of $0.54 to $3.00 ‎following a new release of its mobile application software, Healthy Spaces, on Google Play for ‎Android.

    ‎Exela Technologies Inc. (XELA) stock drop by -7.12% to $0.40. The company on ‎December 17, 2020 revealed that it has entered into a 5-year, $145 million term loan facility with ‎Angelo Gordon, a global alternative investment firm. The most recent rating by Morgan Stanley, on ‎January 16, 2019, is at an Equal-weight.

    Fastly Inc. (NYSE:FSLY) Shares headed rising, higher as much as 3.52%. The most ‎recent rating by Credit Suisse, on November 25, 2020, is at a Neutral.

    ‎RealPage Inc. (NASDAQ:RP) rose 0.23% after gaining more than $0.2 on Tuesday ‎after announcing that it has entered into a definitive agreement to be acquired by Thoma Bravo

    ‎Snowflake Inc. (SNOW) last closed at $341.16, in a 52-week range of $208.55 to ‎‎$429.00. Analysts have a consensus price target of $302.57.

    Borqs Technologies Inc. (BRQS) stock soar by 1.90% to $1.07. On December 2, ‎‎2020, the firm reported that the it has signed the official agreement for cooperation with the Huzhou ‎South Taihu New Area for a 5G Industrial Park Project.

  • ‎26 stocks making the biggest moves premarket today

    ‎26 stocks making the biggest moves premarket today

    ‎Mereo BioPharma Group plc (MREO) stock plunged -7.78% to $3.32 in the pre-‎market trading after declaring collaboration and license agreement with Ultragenyx Pharmaceutical ‎Inc. (RARE), for Setrusumab in Osteogenesis Imperfecta.‎

    ‎Naked Brand Group Limited (NASDAQ: NAKD) shares are trading up ‎‎11.45% ‎at ‎‎$0.2044 at the time of writing. Company’s 52-week ranged between $0.07 to $3.70.‎

    ‎Exela Technologies Inc. (XELA) is down more than -9.79% at $0.4128 in pre-market ‎hours Monday December 21, 2020 following the announcement from the firm that it has entered into ‎a 5-year, $145 million term loan facility with Angelo Gordon, a global alternative investment firm. The ‎stock had jumped over 26.10% to $0.46 in the last trading session.‎

    ‎Zomedica Corp. (ZOM) tumbled over -5.22% at $0.1959 in pre-market trading today.‎

    Before the trading started on December 21, 2020, BlackBerry Limited (BB) is down -‎‎3.17% to reach $6.73 after releasing financial results for the three months ended November 30, 2020. It ‎has been trading in a 52-week range of $2.70 to $9.69.‎

    ‎General Electric Company (GE), a Specialty Industrial Machinery company, dropped ‎about -6.11% at $10.15 in pre-market trading Monday after announcing expiration and results of its ‎debt tender offers.‎

    ‎Phunware Inc. (PHUN) lost over -10.38% at $0.95 in pre-‎‎market ‎trading ‎Monday ‎December 21, 2020.‎

    ‎American Airlines Group Inc. (AAL) lost over -7.03% at $15.35 in pre-market trading ‎Monday December 21, 2020.‎

    Before the trading started on December 21, 2020, Carnival Corporation & Plc (CCL) is ‎down -9.79% to reach $19.36. It has been trading in a 52-week range of $7.80 to $51.94.‎

    ‎FuelCell Energy Inc. (FCEL) stock moved down -4.3 percent to $8.9 in the pre-‎market trading after declaring that state regulators have improperly rescinded RFP awards for three ‎fuel cell projects previously selected in the Shared Clean Energy Facility program, putting its state high ‎tech manufacturing job growth at risk.‎

    ‎Exicure Inc. (XCUR) stock soared 7.04% to $2.13 in the pre-‎‎market ‎trading. ‎The ‎most ‎recent rating by BMO Capital Markets, on December 18, 2020, is ‎an ‎Outperform.‎

    ‎Genius Brands International Inc. (GNUS), a Entertainment company, rose about ‎‎3.18% at $1.62 in pre-market trading Monday. The firm recently revealed that it has licensed streaming ‎and select video-on-demand rights to the hit family series, The Wubbulous World of Dr. Seuss (20 x ‎‎22’), from The Jim Henson Company on Kartoon Channel!‎

    ‎SolarWinds Corporation (NYSE: SWI) shares are trading ‎up ‎‎6.7% ‎at ‎‎$15.13 ‎at ‎the ‎time of writing. Company’s 52-week ranged between $11.50 ‎to ‎‎$24.34. ‎Analysts ‎have ‎a ‎consensus ‎price target of $26. ‎

    ‎Norwegian Cruise Line Holdings Ltd. (NCLH) lost over -10.01% at $22.66 in pre-‎market trading Monday December 21, 2020 after reporting that it has closed its previously announced ‎private offering of $850 million aggregate principal amount of its 5.875% senior notes due 2026 (the ‎‎“Notes”).‎

    Before the trading started on December 21, 2020, Nokia Corporation (NOK) is down ‎‎-5.25% to reach $3.79. The company recently declared that it has launched 5G services with Polkomtel, ‎operator of the Plus network, in the capital city of Warsaw as well as other major cities in the eastern ‎part of the country. It has been trading in a 52-week range of $2.34 to $5.14.‎

    ‎Corbus Pharmaceuticals Holdings Inc. (CRBP) is up more than 12.0% at $1.68 in pre-‎‎‎‎‎‎‎‎market hours Monday December 21, 2020. The stock had jumped ‎over ‎‎11.11% ‎to ‎‎$1.50 ‎in ‎the ‎last ‎trading session.‎

    ‎Schlumberger Limited (NYSE: SLB) shares are trading down -6.95% at $20.76 at the ‎time of writing. The firm will hold a conference call on January 22, 2021 to discuss the results for the ‎fourth quarter and full year ending December 31, 2020. Company’s 52-week ranged between $11.87 to ‎‎$41.14.‎

    ‎Exxon Mobil Corporation (NYSE: XOM) shares are trading down -5.27% ‎at ‎‎$40.48 ‎at ‎the time of writing. Company’s 52-week ranged between $30.11 to $71.37. Analysts ‎have ‎a ‎consensus ‎price target of $52.‎

    ‎Transocean Ltd. (RIG) is down more than -14.92% at $2.11 in pre-market hours ‎Monday December 21, 2020 after announcing successful court ruling granting its motion for summary ‎judgment and holding internal reorganization did not violate indenture. The stock had dropped over -‎‎3.50% to $2.48 in the last trading session.‎

    ‎Simon Property Group Inc. (SPG) tumbled over -5.07% at $81.1 in pre-market ‎trading today. The firm recently declared a common stock dividend for the fourth quarter 2020.‎
    ‎
    ‎Energy Transfer LP (ET), a Oil & Gas Midstream company, dropped about -‎‎‎‎5.9% ‎at ‎‎$6.38 in pre-market trading Monday.‎

    ‎Cinedigm Corp. (CIDM) stock moved up 4.11 percent to $0.798 in the pre-market ‎trading after revealing the launch of The Bob Ross Channel on the Roku platform.‎

    Before the trading started on December 21, 2020, Coty Inc. (COTY) is down -6.15% ‎to reach $6.56. The company lately reported two additions to its Board of Directors with the ‎appointments of Anna Adeola Makanju and Mariasun Aramburuzabala Larregui. It has been trading in ‎a 52-week range of $2.65 to $13.01.‎

    ‎JPMorgan Chase & Co. (JPM) gained over 2.24% at $121.75 in pre-‎‎‎‎market ‎trading ‎Monday December 21, 2020. ‎

    ‎Apache Corporation (NASDAQ: APA) shares are trading down -11.29% at $13.6 at ‎the time of writing after announcing the donation of more than 64,000 trees to 56 nonprofit partner ‎organizations through the annual Apache Tree Grant Program. Company’s 52-week ranged between ‎‎$3.80 to $33.77. Analysts have a consensus price target of $16.‎

  • Pre-Market Cues: 28 Stocks Roaring for Change On December 18th

    Pre-Market Cues: 28 Stocks Roaring for Change On December 18th

    Seneca Biopharma Inc. (SNCA), a Biotechnology company, rose about 0.2% at $0.96 in pre-market trading Friday after declaring merger agreement with Leading BioSciences, Inc. under which a wholly owned subsidiary of Seneca will merge with LBS in an all-stock transaction.

    Palantir Technologies Inc. (PLTR) lost over -3.97% at $26.15 in pre-market trading Friday December 18, 2020 after reporting that it will hold its inaugural “Live Demo Day” on Tuesday, January 26, 2021 at 4:30pm ET.

    Atossa Therapeutics Inc. (ATOS) stock plunged -0.02% to $0.86 in the pre-market trading following its declaration of pricing of $14.0 million registered direct offering priced at-the-market. The most recent rating by Maxim Group, on January 26, 2018, is a Buy.

    Virgin Galactic Holdings Inc. (NYSE: SPCE) shares are trading down -6.27% at $23.9 at the time of writing. The company recently revealed an update following its test flight on December 12, 2020. Company’s 52-week ranged between $9.06 to $42.49. Analysts have a consensus price target of $19.

    BlackBerry Limited (BB), a Software – Infrastructure company, dropped about -4.36% at $7.9 in pre-market trading Friday after releasing its financial results for the three months ended November 30, 2020

    Before the trading started on December 18, 2020, Uxin Limited (UXIN) is up 4.5% to reach $1.16 following its announcement of unaudited financial results for the quarter ended September 30, 2020. It has been trading in a 52-week range of $0.72 to $3.07.

    Coeur Mining Inc. (CDE) stock plunged -2.98% to $10.76 in the pre-market trading. The firm recently revealed details of the expansion of its Rochester silver-gold mine in Nevada, reflecting significant reserve growth and the benefits of a larger-scale expansion project. The most recent rating by Noble Capital Markets, on September 14, 2020, is an Outperform.

    Novan Inc. (NASDAQ: NOVN) shares are trading up 6.25% at $0.68 at the time of writing. The company lately reported that it has enrolled 525 patients of the approximately 850 patients expected to enroll in the B-SIMPLE4 pivotal Phase 3 clinical study of SB206. Company’s 52-week ranged between $0.22 to $3.72.

    CNS Pharmaceuticals Inc. (CNSP), a Biotechnology company, rose about 15.2% at $2.88 in pre-market trading Friday after announcing FDA approval of IND application for its brain cancer drug candidate Berubicin.

    United States Steel Corporation (X) stock moved down -4.26 percent to $17.77 in the pre-market trading after reporting that fourth quarter 2020 adjusted EBITDA is expected to be approximately $55 million and expected fourth quarter 2020 adjusted diluted loss per share to be approximately ($0.85).

    BioCardia Inc. (BCDA) lost over -6.09% at $4.01 in pre-market trading Friday December 18, 2020 following an announcement from the firm that the independent Data Safety Monitoring Board (DSMB) has completed its prespecified data review for the Phase III pivotal CardiAMP Heart Failure Trial.

    Before the trading started on December 18, 2020, Ampio Pharmaceuticals Inc. (AMPE) is up 8.43% to reach $1.93 after revealing the completion of its Phase I clinical trial and initiation of the first steps for a global Phase II clinical trial for intravenous (“IV”) Ampion treatment in COVID-19 patients. It has been trading in a 52-week range of $0.31 to $1.69.

    Drive Shack Inc. (NYSE: DS) shares are trading up 5.47% at $3.47 at the time of writing following the opening of its 65,000-square-foot entertainment golf venue located in Orlando. Company’s 52-week ranged between $0.86 to $4.19. Analysts have a consensus price target of $4.

    IZEA Worldwide Inc. (IZEA) tumbled over -3.7% at $1.04 in pre-market trading today. The company recently reported that it has just been awarded a mid-six figure contract from a Fortune 500 Manufacturer.

    Exela Technologies Inc. (XELA), a Software – Application company, rose about 81.87% at $0.66 in pre-market trading Friday after declaring that it has entered into a 5-year, $145 million term loan facility with Angelo Gordon, a global alternative investment firm.

    FedEx Corporation (FDX) stock moved down -2.89 percent to $283.8 in the pre-market trading after declaring strong results for the quarter ended November 30.

    Guardion Health Sciences Inc. (GHSI) stock plunged -2.13% to $0.23 in the pre-market trading. The firm recently declared progress on the introduction of its new vision support/energy drink, Epiq-V, which is under development for the United States and international markets.

    Amyris Inc. (NASDAQ: AMRS) shares are trading up 3.68% at $4.23 at the time of writing. Company’s 52-week ranged between $1.40 to $6.07. Analysts have a consensus price target of $3.35.

    Mereo BioPharma Group plc (MREO), a Biotechnology company, rose about 40.27% at $3.1 in pre-market trading Friday following the declaration of a license and collaboration agreement with Ultragenyx Pharmaceutical Inc. (RARE), for setrusumab, a monoclonal antibody in clinical development for osteogenesis imperfecta (OI).

    Surface Oncology Inc. (SURF) gained over 17.51% at $10.0 in pre-market trading Friday December 18, 2020 after revealing exclusive license agreement with GSK for novel immunotherapy program.

    Neovasc Inc. (NVCN) is down more than -8.52% at $0.91 in pre-market hours Friday December 18, 2020 after reporting the publication of peer-reviewed article in EuroIntervention. The stock had jumped over 3.61% to $0.99 in the last trading session.

    BioLineRx Ltd. (BLRX) tumbled over -1.1% at $2.7 in pre-market trading today. The firm lately declared final results from Phase 2a COMBAT/KEYNOTE-202 triple combination study of Motixafortide in second line Metastatic Pancreatic Cancer (PDAC).

    VYNE Therapeutics Inc. (VYNE), a Biotechnology company, rose about 8.05% at $1.88 in pre-market trading Friday after declaring the successful completion of its End-of-Phase 2 Meeting with the U.S. Food and Drug Administration (FDA).

    Before the trading started on December 18, 2020, Mesoblast Limited (MESO) is down -26.75% to reach $9.94 after announcing an update on COVID-19 ARDS trial. It has been trading in a 52-week range of $3.12 to $21.28.

    Applied DNA Sciences Inc. (APDN) stock plunged -12.02% to $5.49 in the pre-market trading after reporting consolidated financial results for the full fiscal year and quarter ended September 30, 2020. The most recent rating by H.C. Wainwright, on July 20, 2020, is a Buy.

    Conformis Inc. (NASDAQ: CFMS) shares are trading up 3.8% at $0.6693 at the time of writing. The firm lately revealed the U.S. commercial launch of the Company’s new Cordera™ Match Hip System. Company’s 52-week ranged between $0.50 to $1.66.

    Auris Medical Holding Ltd. (EARS) grew over 1.5% at $2.7 in pre-market trading today. The company recently provided a business update related to the Company’s funding position, its AM-301 program for the protection against airborne pathogens and allergens and the ongoing strategy review process.

    Sonoma Pharmaceuticals Inc. (SNOA) stock moved up 19.79 percent to $9.14 in the pre-market trading following the announcement of partnership with Gabriel Science, LLC for dental.