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  • SPI Energy Co. Ltd. (SPI) Rallies Big on Improved Guidance for 2022. Let’s Have a Look?

    SPI Energy Co. Ltd. (SPI) Rallies Big on Improved Guidance for 2022. Let’s Have a Look?

    Solar Energy (Photo-voltaic is gaining popularity due to many reasons, the crucial ones being environment and climate change along with depleting natural resources. Estimates place solar energy at the center of sources of electrical power by 2030 at least.

    The PV (photovoltaic) energy market company, SPI Energy Co. Ltd. (SPI) stock had been trending big in the latest market session. Soaring over 33.45% at a hefty volume of 3.06 million shares, SPI rose to a value of $3.79 per share in the after-hours on Friday. This surge comes from the company’s 2021 year-end financial results along with revised guidance shared on the day.

    Source: Patriot Software

    The prior session had the stock valued at $2.84 per share while it declined by a slight 1.05% during the session.

    The China-based PV solutions provider was down by a huge 62.28% last year and has so far declined by 21.33% in 2022.

    SPI’s Fiscal 2021 Performance 

    While the company is yet to discuss the results, so far the financials look good with net sales of $162.0 million for 2021. The net sales marked a nice growth of almost 17% YOY against $138.6 million in 2020.

    Other than this, the company had cash and cash equivalents of $9.8 million at the end of the year while total assets were worth $228.8 million (+5.4% YOY).

    Additionally, SPI will be hosting the earnings conference call and webcast on Monday, April 4, 2022, at 4:15 pm EST.

    2022’s Revised Outlook

    While the 2021 revenue missed the analyst’s expectations by $3.9 million, SPI provided strong revenue guidance despite global logistics and supply chain constraints. Thus, the expected revenue for fiscal 2022 is $200-$220 million. Earlier the company was expecting sales between $190 and $210 million in 2022.

    How is SPI doing in 2022?

    The company has maintained its focus on its residential solar business while also expanding its EV solutions segment. Just in the month of March, SPI’s Solar4America and SolarJuice Technology, both launched new solar modules and panels for residential and commercial markets. Soalr4America brought out its latest 380W and 410W solar panels to the residential market. And, SolarJuice launched 450W and 550W solar modules for commercial projects.

    Moreover, having completed the sale of a 4MW solar plant in Hawaii, SPI is developing Utility-Scale Solar Projects in Maryland and Will County, Illinois. Both the projects were secured by its subsidiary SPI Solar Inc.

  • The best-performing stocks in the Solar Sector last trading session

    The best-performing stocks in the Solar Sector last trading session

    During the third quarter of 2020, U.S. solar firms built 3.8 GW of new solar PV capacity. The industry struggled to recover from some of the worst effects of the Covid-19 pandemic in Q2, which saw installations rise by 9%.

    The Solar Energy Industries Association (SEIA) and Wood Mackenzie have released the “US Solar Market Insight Q4 2020” report, which indicates that solar will account for 43% of all additional capacity additions through Q3 2020, more than any other electricity source. In 2020, a record 19 GW of new solar capacity is projected, representing a 43% year-over-year increase from 2019.

    The residential solar sector, which seems to have been the hardest hit by the pandemic’s business effects, has surpassed recovery expectations, rising 14 percent over Q2. Even it stayed below the rate of Q1.

    Following are the best performing stocks in the Solar Sector in the last trading session.

    Array Technologies Inc. (NASDAQ:ARRY) shares were trading up 4.57% at $38.64 at the time of writing on Tuesday. On December 7, 2020, the company declared the closing of the secondary offering by a parent entity of the Company controlled by Oaktree Capital.

    Array Technologies Inc. (NASDAQ:ARRY) share price went from a low point around $29.05 to briefly over $50.99 in past 52 weeks, though shares have since pulled back to $38.64. ARRY market cap has remained high, hitting $4.86B at the time of writing, giving it price-to-sales ratio of more than 5.

    If we look at the recent analyst rating ARRY, JP Morgan upgraded coverage on ARRY shares with an Overweight rating and a $45.39 price target, which implies room for 6.75% upside momentum this year.

    Canadian Solar Inc. (CSIQ) last closed at $43.02, in a 52-week range of $12.00 to $45.70. The firm on November 23, 2020 reported that it signed a power purchase agreement with BTG Pactual and that it was awarded with two projects in a private auction by Furnas Centrais Elétricas for a total of 862 MWp in solar power projects in Brazil. Analysts have a consensus price target of $45.57.

    Enphase Energy Inc. (ENPH) stock soar by 10.61% to $160.46. The company recently revealed the launch of the Enphase Installer Network (EIN) in Australia. The most recent rating by Piper Sandler, on December 11, 2020, is at an Overweight.

    First Solar Inc. (NASDAQ:FSLR) Shares headed rising, higher as much as 5.39%. The most recent rating by Piper Sandler, on December 11, 2020, is at a Neutral.

    JinkoSolar Holding Co. Ltd. (NYSE:JKS) rose 17.78% after gaining more than $9.55 on Tuesday following declaration of changes to its senior management team.

    Sunnova Energy International Inc. (NOVA) last closed at $42.97, in a 52-week range of $6.12 to $46.00. On December 4, 2020, the firm reported that it closed its securitization of leases and power purchase agreements on November 30, 2020. Analysts have a consensus price target of $40.18.

    Sunrun Inc. (RUN) stock soar by 10.63% to $63.17. The firm on November 24, 2020 reported five environmental justice initiatives to expand access to solar and its benefits. The most recent rating by UBS, on October 27, 2020, is at a Sell.

    SolarEdge Technologies Inc. (NASDAQ:SEDG) Shares headed rising, higher as much as 6.97%. The most recent rating by Piper Sandler, on December 11, 2020, is at an Overweight.

    ReneSola Ltd (NYSE:SOL) rose 17.19% after gaining more than $1.2 on Tuesday. The company stated on December 8, 2020, that China’s Ministry of Finance approved ten of the Company’s rooftop projects to receive incentive payments.

    SPI Energy Co. Ltd. (SPI) last closed at $7.64, in a 52-week range of $0.55 to $46.67.

    SunPower Corporation (SPWR) stock soar by 13.10% to $24.87. The firm on November 24, 2020, declared a tender offer to purchase any and all of its outstanding 0.875% Convertible Senior Debentures due 2021. The most recent rating by UBS, on October 27, 2020, is at a Sell.

    Sunworks Inc. (NASDAQ:SUNW) Shares headed rising, higher as much as 12.81%. On December 7, 2020, the company announced that it has sold approximately 3.8 million shares of common stock. The most recent rating by ROTH Capital, on April 02, 2020, is at a Neutral.

    VivoPower International PLC (NASDAQ:VVPR) rose 19.16% after gaining more than $1.23 on Tuesday after announcing the appointment of Gemma Godfrey to the Company’s Board of Directors.

  • 30 hot stocks trending in the pre-market session

    Naked Brand Group Limited (NAKD) stock plunged -4.92% to $0.1603 in the pre-market trading.

    Nano Dimension Ltd. (NASDAQ: NNDM)  shares are trading up 11.74% at $4.95 at the time of writing recently announced prices $100 million registered direct offering. Company’s 52-week ranged between $0.51 to $6.00. Analysts have a consensus price target of $8.

    BIO-key International Inc. (BKYI), a Security & Protection Services company, dropped about -6.14% at $2.75 in pre-market trading Monday after company recently announced that the Board of Directors has approved a 1-for-8 reverse stock split that is expected to become effective on November 20, 2020.

    Eiger BioPharmaceuticals Inc. (EIGR) stock moved up 9.67 percent to $11.0 in the pre-market trading following firm recently revealed that the U.S. Food and Drug Administration (FDA) has approved ZokinvyTM (lonafarnib) for the treatment of Hutchinson-Gilford Progeria Syndrome (HGPS or Progeria) and processing-deficient Progeroid Laminopathies (PL).

    Lexicon Pharmaceuticals Inc. (LXRX) is down more than -5.33% at $1.42 in pre-market hours Monday November 23, 2020. The stock had dropped over -3.23% to $1.50 in the last trading session.

    Despegar.com Corp. (DESP), a Travel Services company, dropped about -6.54% at $10.01 in pre-market trading Monday.

    Bristol-Myers Squibb Company (BMY) stock moved up 1.41 percent to $62.48 in the pre-market trading today following announcement of  a discovery collaboration with Bristol Myers Squibb Company (NYSE: BMY) to discover, develop, and commercialize therapeutics in multiple disease areas.

    Niu Technologies (NIU) lost over -5.79% at $33.66 in pre-market trading Monday November 23, 2020 as the firm revealed changes to its board of directors and committees of the Board.

    Nxt-ID Inc. (NXTD) is up more than 8.36% at $0.389 in pre-market hours Monday November 23, 2020. The stock had dropped over -0.28% to $0.36 in the last trading session following the corporation said that it plans to adjourn the Annual Meeting of Stockholders, scheduled to be held on Monday, November 23, 2020 at 9:00 a.m. (Eastern Time), to Tuesday, November 24, 2020 at 9:00 a.m. (Eastern Time), to be held at the Company’s office at 288 Christian Street, Hangar C 2nd Floor, Oxford CT 06478.

    Before the trading started on November 23, 2020, Verb Technology Company Inc. (VERB) is up 9.26% to reach $1.18. It has been trading in a 52-week range of $0.78 to $2.64.

    CIIG Merger Corp. (CIIC) stock soared 13.29% to $19.26 in the pre-market trading.

    RedHill Biopharma Ltd. (NASDAQ: RDHL) shares are trading up 8.89% at $9.8 at the time of writing. Company’s 52-week ranged between $3.26 to $11.35 after announced that it has initiated its Phase 3 study to evaluate the safety and efficacy of RHB-204 as a potential first-line, stand-alone, oral treatment of pulmonary nontuberculous mycobacteria (NTM) disease caused by Mycobacterium avium Complex (MAC) – a rare disease for which there is no FDA-approved first-line therapy.

    Xunlei Limited (XNET) gained over 12.0% at $3.08 in pre-market trading Monday November 23, 2020.

    Amarin Corporation plc (AMRN) is down more than -9.74% at $4.17 in pre-market hours Monday November 23, 2020 after shared positive, statistically significant top-line results from Protocol Number EDPC003R01, a Phase 3 clinical trial of VASCEPA® (icosapent ethyl) conducted in China by Amarin partner, Edding. The stock had jumped over 1.76% to $4.62 in the last trading session.

    United Microelectronics Corporation (UMC) grew over 8.65% at $6.28 in pre-market trading today.

    Baozun Inc. (BZUN), a Internet Retail company, dropped about -4.82% at $39.9 in pre-market trading Monday. The firm today announced that its Board of Directors has appointed Mr. Arthur Yu, the Company’s current Vice President of Finance, as Chief Financial Officer (“CFO”), effective December 1, 2020.

    Pioneer Power Solutions Inc. (PPSI) stock moved up 10.49 percent to $4.32 in the pre-market trading.

    SPI Energy Co. Ltd. (SPI) gained over 8.79% at $10.4 in pre-market trading Monday November 23, 2020.

    Bio-Path Holdings Inc. (BPTH) is down more than -0.54% at $3.65 in pre-market hours Monday November 23, 2020 as a result of announcement that the enrollment and dosing of the first patient in a Phase 1 clinical trial evaluating the ability of BP1002 to treat refractory/relapsed lymphoma and chronic lymphocytic leukemia (CLL) patients. The stock had jumped over 9.88% to $3.67 in the last trading session.

    Before the trading started on November 23, 2020, Fuel Tech Inc. (FTEK) is up 19.69% to reach $1.52. It has been trading in a 52-week range of $0.30 to $2.05.

    Medigus Ltd. (MDGS) stock soared 8.48% to $3.07 in the pre-market trading after the firm announced its intention to enter into the electric vehicle and electric charging markets. Medigus signed a non-binding memorandum of understanding with the founders of EMuze to invest in a joint venture, NewCo, for the commercialization of EV micro-mobility vehicles for individual urban use, “last mile” and cargo delivery.

    GreenPower Motor Company Inc. (NASDAQ: GP) shares are trading up 11.34% at $24.54 at the time of writing as the news appeared that the Company has granted an aggregate of 300,000 incentive stock options with 100,000 stock options to each of Brendan Riley, Michael Sieffert and Fraser Atkinson. The stock options are subject to the approval of the TSX Venture Exchange and are exercisable for a period of five years at a price of US $20 per share. Company’s 52-week ranged between $0.82 to $23.45. Analysts have a consensus price target of $22.

    Check-Cap Ltd. (CHEK) grew over 7.1% at $0.38 in pre-market trading today.

    Mesoblast Limited (MESO), a Biotechnology company, rose about 9.8% at $15.13 in pre-market trading Monday after announcement of financial results for the third quarter and nine months ended September 30, 2020

    Titan Pharmaceuticals Inc. (TTNP) stock moved down -5.62 percent to $0.193 in the pre-market trading.

    The9 Limited (NCTY) gained over 21.45% at $3.68 in pre-market trading Monday November 23, 2020 as the company revealed 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.

    Before the trading started on November 23, 2020, CPS Technologies Corporation (CPSH) is up 30.0% to reach $3.12. It has been trading in a 52-week range of $0.88 to $3.35.

    Canaan Inc. (CAN) stock soared 17.52% to $5.03 in the pre-market trading following the company plans to release its third quarter 2020 financial results before the market opens on Monday, November 30, 2020.

    Ferroglobe PLC (GSM), a Other Industrial Metals & Mining company, rose about 24.46% at $1.16 in pre-market trading Monday.

    Ideanomics Inc. (IDEX) stock moved up 37.01 percent to $2.11 in the pre-market trading after the company announced that it has increased its stake in California-based Solectrac, Inc. through a follow-on investment of an additional $1.3 million.

  • What changed for these 50 stocks in Pre-Market Session?

    What changed for these 50 stocks in Pre-Market Session?

    Naked Brand Group Limited (NAKD) stock plunged -10.0% to $0.26 in the pre-market trading.

    Arcimoto Inc. (NASDAQ: FUV) shares are trading down -8.25% at $14.68 at the time of writing after Arcimoto and the city of Orlando launched a joint municipal pilot program to test ultra-efficient Electric Vehicles in city fleets. The company’s 52-week range was noted as $0.97 to $10.49. Analysts have a consensus price target of $8.

    HighPoint Resources Corporation (HPR) tumbled over -5.56% at $10.7 in pre-market trading today after Laredo Petroleum announced the appointment of Jarvis Hollingsworth and Lori Lancaster to the board of directors.

    Phoenix New Media Limited (FENG), an Internet Content & Information company, dropped about -4.29% at $2.23 in pre-market trading Friday after the company announced a special cash dividend of US$1.3712 per ADS.

    Ayro Inc. (AYRO) stock moved up 7.12 percent to $6.62 in the pre-market trading as the company revealed Q3 results.

    Titan Pharmaceuticals Inc. (TTNP) gained over 59.94% at $0.2735 in pre-market trading Friday 20 November 2020 following the announcement of its quarterly results.

    VAALCO Energy Inc. (EGY) is down more than -6.21% at $1.66 in pre-market hours Friday 20 November 2020 as the company announced that it has signed a sale and purchase agreement to acquire Sasol Gabon S.A.’s 27.8% working interest in the Etame Marin block offshore Gabon. The stock had jumped over 31.11% to $1.77 in the last trading session.

    Before the trading started on 20 November 2020, CIIG Merger Corp. (CIIC) is down -3.18% to reach $16.46. It has been trading in a 52-week range of $9.30 to $13.70.

    Kandi Technologies Group Inc. (KNDI) stock plunged -1.53% to $14.19 in the pre-market trading as the news surfaced that the company’s EV is entitled to a $2,500 Rebate in Texas.

    Nano Dimension Ltd. (NASDAQ: NNDM) shares are trading down -28.33% at $4.2 at the time of writing after the company revealed it has entered into definitive agreements with investors for the sale of 25,000,000 of the Company’s American Depositary Shares at a price of $4.00 per ADS pursuant to a registered direct offering. The company’s 52-week range was noted as $0.51 to $6.00. Analysts have a consensus price target of $8.

    Medigus Ltd. (MDGS) tumbled over -0.81% at $2.45 in pre-market trading today. Correction after the news that the company aimed to form a joint venture with EMuze founders to develop and potentially commercialize EV-based micro-mobility vehicles for urban and logistics transportation.

    TransAtlantic Petroleum Ltd. (TAT), an Oil & Gas E&P company, rose about 13.65% at $0.2839 in pre-market trading Friday as the company revealed its Q3 results as offered a business update.

    Hudson Capital Inc. (HUSN) stock moved down -6.69 percent to $2.51 in the pre-market trading after the report of Hudson Capital Inc. and FreightHub, Inc. progressed further with the planned merger.

    Youdao Inc. (DAO) lost over -2.21% at $29.25 in pre-market trading Friday 20 November 2020 after the company reported third-quarter 2020 unaudited financial results.

    Jumia Technologies AG (JMIA) is down more than -2.6% at $23.6 in pre-market hours Friday 20 November 2020 after the reported that the company is finally narrowing losses after the pandemic forced a strategy shift. The stock had jumped over 18.37% to $24.23 in the last trading session.

    Before the trading started on 20 November 2020, CBAK Energy Technology Inc. (CBAT) is down -3.43% to reach $7.33. It has been trading in a 52-week range of $0.36 to $11.40.

    Polar Power Inc. (POLA) stock plunged -3.15% to $4.0 in the pre-market trading. The most recent rating by ROTH Capital, on November 07, 2017, is at a Neutral.

    Westwater Resources Inc. (NASDAQ: WWR) shares are trading up 5.48% at $6.16 at the time of writing after the company revealed Q3 results and offered a business update. The company’s 52-week range was noted as $0.25 to $14.50.

    Oragenics Inc. (OGEN) tumbled over -18.33% at $0.4296 in pre-market trading today after the Company announced that it has commenced a proposed underwritten public offering of common stock of the Company.

    Euroseas Ltd. (ESEA), a Marine Shipping company, dropped about -22.56% at $3.09 in pre-market trading Friday after the firm posted results for the nine-month period and the quarter ended September 30, 2020.

    Fuel Tech Inc. (FTEK) stock moved up 4.5 percent to $1.16 in the pre-market trading as the company revealed Q3 earnings report.

    SPI Energy Co. Ltd. (SPI) lost over -3.1% at $8.45 in pre-market trading Friday 20 November 2020 after the firm closed the sale of a 1.015-megawatt solar project in Maui, Hawaii.

    SG Blocks Inc. (SGBX) is down more than -12.28% at $2.5 in pre-market hours Friday 20 November 2020 after the publications reported that SG Blocks to deliver up to 7,000 COVID-19 PCR tests per shift leveraging Its state-of-the-Art D-TEC module lab solutions. The stock had jumped over 8.78% to $2.85 in the last trading session.

    Before the trading started on 20 November 2020, Senmiao Technology Limited (AIHS) is down 0.0% to reach $1.16, as the company revealed that it has recently launched Xixingtianxia, its own proprietary online ride-sharing platform, to drivers and riders in Chengdu, China, one of its core cities with a population of approximately 16 million. It has been trading in a 52-week range of $0.26 to $2.35.

    Teligent Inc. (TLGT) stock soared 11.65% to $0.6 in the pre-market trading after the company revealed adjournment of a special meeting of stockholders. The most recent rating by Craig Hallum, on August 20, 2020, is at a Hold.

    Waitr Holdings Inc. (NASDAQ: WTRH) shares are trading up 13.45% at $3.88 at the time of writing after the company revealed a Q3 earnings beat. The company’s 52-week range was noted as $0.26 to $5.85. Analysts have a consensus price target of $8.

    Ocean Power Technologies Inc. (OPTT) grew over 7.43% at $2.17 in pre-market trading today after the company revealed receipt of a DeepStar project award to study the deployment and operational requirements of utilizing OPT’s PB3 PowerBuoy to provide remotely controllable zero-carbon power for deepwater subsea oil production applications.

    Artelo Biosciences Inc. (ARTL), a Biotechnology company, rose about 42.51% at $0.8301 in pre-market trading Friday after the company announced receipt of the Clinical Trial Authorization in the UK for the Company’s Cancer Appetite Recovery Study.

    U.S. Energy Corp. (USEG) stock moved up 4.96 percent to $3.6 in the pre-market trading as the company revealed Q3 fiscal and operating results.

    Insignia Systems Inc. (ISIG) lost over -4.4% at $0.87 in pre-market trading Friday 20 November 2020 after the company revealed Q3 and nine months results.

    ADiTx Therapeutics Inc. (ADTX) is down more than -3.43% at $1.97 in pre-market hours Friday 20 November 2020. The stock had jumped over 5.70% to $2.04 in the last trading session. after company secures CLIA certification for AditxtScore Laboratory Operations in Richmond, VA, and plans to launch AditxtScore for COVID-19 as a lab-developed test.

    Before the trading started on 20 November 2020, FuelCell Energy Inc. (FCEL) is down -2.99% to reach $5.2 after the stock rally forced analysts to keep the stock status recommended. It has been trading in a 52-week range of $0.48 to $5.80.

    Lightbridge Corporation (LTBR) stock plunged -5.14% to $2.95 in the pre-market trading as the company revealed Q3 results.

    GSX Techedu Inc. (NYSE: GSX) shares are trading down -12.17% at $62.67 at the time of writing after the firm revealed its third-quarter 2020 results. The company’s 52-week range was noted as $14.21 to $141.78. Analysts have a consensus price target of $38.

    Reed’s Inc. (REED) tumbled over -21.09% at $0.5998 in pre-market trading today. Reed’s Inc after the company revealed outlook for fiscal 2021.

    Hibbett Sports Inc. (HIBB), a Specialty Retail company, rose about 6.81% at $45.0 in pre-market trading Friday after firm earnings results topped estimates.

    Amarin Corporation plc (AMRN) stock moved up 16.74 percent to $5.3 in the pre-market trading as the company shared topline data from the pivotal phase 3 study of VASCEPA® in mainland China.

    Ocugen Inc. (OCGN) gained over 6.48% at $0.34 in pre-market trading Friday 20 November 2020 as the company revealed a business update with Q3 results.

    Vaxart Inc. (VXRT) is up more than 0.51% at $5.94 in pre-market hours Friday 20 November 2020 after the company announced hosting a key opinion leader panel call for investors. The stock had jumped over 3.68% to $5.91 in the last trading session.

    Before the trading started on 20 November 2020, Spectrum Pharmaceuticals Inc. (SPPI) is down -2.12% to reach $4.15. It has been trading in a 52-week range of $1.74 to $10.57.

    Workday Inc. (WDAY) stock plunged -2.9% to $224.11 in the pre-market trading after the company announced fiscal 2021 third-quarter financial results. The most recent rating by Piper Sandler, on October 20, 2020, is at an Overweight.

    NovaBay Pharmaceuticals Inc. (AMEX: NBY) shares are trading up 16.24% at $0.68 at the time of writing as the company published its Q3 earnings report. The company’s 52-week range was noted as $0.24 to $1.94. Analysts have a consensus price target of $1.10.

    Seelos Therapeutics Inc. (SEEL) tumbled over -6.84% at $0.7521 in pre-market trading today after the company received US orphan drug designation for SLS-005 in Amyotrophic Lateral Sclerosis.

    Catalyst Pharmaceuticals Inc. (CPRX), a Biotechnology company, dropped about -2.71% at $3.23 in pre-market trading Friday after analysts changed forecast following an earnings beat.

    360 DigiTech Inc. (QFIN) stock moved up 9.21 percent to $13.52 in the pre-market trading as the company revealed third quarter 2020 Unaudited financial results.

    Lyft Inc. (LYFT) lost over -2.77% at $39.0 in pre-market trading Friday 20 November 2020 following a report that Motional got approval to test fully driverless vehicles in Nevada.

    Corbus Pharmaceuticals Holdings Inc. (CRBP) is down more than -2.48% at $1.18 in pre-market hours Friday 20 November 2020. The stock had jumped over 0.83% to $1.21 in the last trading session.

    Before the trading started on 20 November 2020, BOQI International Medical Inc. (BIMI) is down -2.2% to reach $1.78. It has been trading in a 52-week range of $1.50 to $7.40 following the announcement of its quarterly results.

    FireEye Inc. (FEYE) stock soared 13.97% to $16.23 in pre-market trading. The most recent rating by BMO Capital Markets, on July 29, 2020, is at a Market performance after the firm revealed the acquisition of respond software.

    Akerna Corp. (NASDAQ: KERN) shares are trading down -2.91% at $2.67 at the time of writing after the report that cannabis sales expected to reach approximately $270M over thanksgiving weekend. The company’s 52-week range was noted as $2.17 to $13.50. Analysts have a consensus price target of $18.

     

  • What changed for these 50 stocks in Pre-Market Session?

    What changed for these 50 stocks in Pre-Market Session?

    Oncternal Therapeutics Inc. (ONCT) stock soared 2.42% to $2.96 in the pre-market trading as the company raised the size of the formerly publicized offering and purchase on a firm commitment basis 7,258,065 shares of common stock of the Company, at a price to the public of $3.10 per share, less underwriting discounts, and commissions.

    JOYY Inc. (NASDAQ: YY) shares are trading up 19.13% at $87.75 at the time of writing as the Company revealed its Q3, 2020 Earnings. Analysts have a consensus price target of $125. The company’s 52-week range was noted as $41.33 to $108.21.

    Aptevo Therapeutics Inc. (APVO) grew over 38.17% at $48.9 in pre-market trading today after the firm offered an update on ALG.APV-527, a novel immunotherapeutic bispecific candidate aimed for the cure of multiple solid tumors expressing 5T4, a tumor-restricted antigen.

    Zomedica Pharmaceuticals Corp. (ZOM), a Drug Manufacturers – Specialty & Generic company, dropped about -2.19% at $0.1428 in pre-market trading Thursday as the firm announced its Q3 2020 results.

    Nxt-ID Inc. (NXTD) stock moved down -1.99 percent to $0.35 in the pre-market trading after the Corporation declared to adjourn the annual meeting of shareholders.

    MoneyGram International Inc. (MGI) lost over -7.9% at $6.7 in pre-market trading Thursday 19 November 2020, as the company posted 150% year-over-year cross-border deal and revenue growth for October in its direct-to-consumer digital business, MGO.

    Lexicon Pharmaceuticals Inc. (LXRX) is up more than 2.5% at $1.64 in pre-market hours Thursday 19 November 2020 following the company revealed to participate in Stifel 2020 Virtual Healthcare conference on Wednesday, November 18, 2020. The stock had dropped over -11.60% to $1.60 in the last trading session.

    Before the trading started on 19 November 2020, UP Fintech Holding Limited (TIGR) is up 4.61% to reach $5.9 after the Company announced to unveil its quarterly results on November 25, 2020. It has been trading in a 52-week range of $2.03 to $7.60.

    Asia Pacific Wire & Cable Corporation Limited (APWC) stock plunged -4.72% to $2.02 in the pre-market trading as the Corporation publicized that it will organize its 2020 Annual General Meeting on September 18, 2020, at 9:00 a.m. New York time at its headquarters located at Room B, 15th Floor, No. 77, Section 2, Dunhua South Road, Taipei, 106, Taiwan and (2) the Company has procured a US$6,000,000 secured loan from its majority shareholder, Pacific Electric Wire & Cable Co., Ltd.

    Marathon Patent Group Inc. (NASDAQ: MARA) shares are trading down -0.35% at $2.88 at the time of writing following Bitcoin self-mining company has disclosed a new investor presentation, which contains updated economic information as of November 5, 2020. The company’s 52-week range was noted as $0.35 to $5.25. Analysts have a consensus price target of $8.

    Futu Holdings Limited (FUTU) grew over 10.7% at $47.6 in pre-market trading today after the company publicized its 3rd quarter scores.

    L Brands Inc. (LB), and Apparel Retail company, rose about 16.04% at $39.0 in pre-market trading Thursday as the firm announced upbeat earnings results.

    Agora Inc. (API) stock moved up 2.45 percent to $35.99 in the pre-market trading after the Tech-giant announced its Q3 2020 results.

    ObsEva SA (OBSV) gained over 3.38% at $2.14 in pre-market trading Thursday 19 November 2020 as the biotech-firm declared the positive topline results of PROLONG, the Phase 2a proof-of-concept, randomized, double-blind, placebo-controlled trial of laropiprant in preterm labor.

    Bilibili Inc. (BILI) is up more than 4.49% at $50.0 in pre-market hours Thursday 19 November 2020, after the Corporation revealed its third-quarter 2020 results. The stock had dropped over -4.40% to $47.85 in the last trading session.

    Before the trading started on 19 November 2020, Youdao Inc. (DAO) is up 3.9% to reach $26.13, as it revealed quarterly results for the fiscal third quarter. It has been trading in a 52-week range of $13.20 to $47.70.

    Oragenics Inc. (OGEN) stock plunged -6.27% to $0.4377 in pre-market trading.

    SPI Energy Co. Ltd. (NASDAQ: SPI) shares are trading up 3.51% at $8.25 at the time of writing, as the Energy sector firm announced that its completely-owned SPI Solar, subsidiary completed the sale of a 1.015-megawatt solar project located on Hawaii’s Maui island. The company’s 52-week range was noted as $0.55 to $46.67.

    Gold Fields Limited (GFI) tumbled over -3.19% at $9.42 in pre-market trading today, following the Company revealed operational details for the 3-month period ending September 30, 2020.

    Marin Software Incorporated (MRIN), a Software – Application company, dropped about -3.38% at $2.0 in pre-market trading Thursday.

    X Financial (XYF) stock moved up 99.14 percent to $1.39 in the pre-market trading as the company disclosed that it will hold its 2020 annual general meeting of shareholders at its offices at 7/F, Block A, Aerospace Science and Technology Plaza, No.168 Haide Third Avenue, Nanshan District, Shenzhen, China on December 11, 2020, at 10:00 a.m., Beijing Time.

    Simon Property Group Inc. (SPG) lost over -2.43% at $74.75 in pre-market trading Thursday 19 November 2020 after the news that Simon has valued an upsized public offering of 19,250,000 shares of common stock at a public offering price of $72.50 per share that is expected to close November 23, 2020, subject to the satisfaction of customary closing conditions.

    ZoomInfo Technologies Inc. (ZI) is up more than 2.55% at $40.6 in pre-market hours Thursday 19 November 2020, as the Company revealed its Q3 2020 Earnings results. The stock had dropped over -2.85% to $39.59 in the last trading session.

    Before the trading started on 19 November 2020, Pan American Silver Corp. (PAAS) is down -2.98% to reach $29.98, after the Company Q3 results matched the predictions. It has been trading in a 52-week range of $10.61 to $40.11.

    Leap Therapeutics Inc. (LPTX) stock soared 6.67% to $1.6 in the pre-market trading, as the Company posted Q3 2020 Earnings results. The most recent rating by Piper Sandler, on June 29, 2020, is at an Overweight.

    Hudson Capital Inc. (NASDAQ: HUSN) shares are trading up 33.93% at $3.0 at the time of writing, following news of Hudson Capital Inc. and FreightHub, Inc. progressing further with the planned merger. The company’s 52-week range was noted as $1.60 to $9.80.

    Transocean Ltd. (RIG) grew over 4.07% at $1.28 in pre-market trading today, as the firm reported deep-water Corcovado, deep water Mykonos contract extensions.

    Acasti Pharma Inc. (ACST), a Biotechnology company, rose about 4.55% at $0.23 in pre-market trading Thursday, after the firm revealed Q2, 2021 fiscal results.

    Orbital Energy Group Inc. (OEG) stock moved up 3.56 percent to $0.8 in the pre-market trading, as the company posted Q3, 2020 earnings reports.

    Ideanomics Inc. (IDEX) gained over 10.34% at $1.28 in pre-market trading Thursday 19 November 2020 after the firm announced MEG October & Q4 sales activity.

    Virgin Galactic Holdings Inc. (SPCE) is up more than 2.04% at $23.05 in pre-market hours Thursday 19 November 2020 after the Analysts decreased its estimates by almost 25%. The stock had jumped over 5.81% to $22.59 in the last trading session.

    Before the trading started on 19 November 2020, Washington Prime Group Inc. (WPG) is down -2.15% to reach $0.742 after the report of the company to present at REITworld 2020 Virtual Investor Conference. It has been trading in a 52-week range of $0.49 to $4.49.

    Kintara Therapeutics Inc. (KTRA) stock soared 1.79% to $1.71 in the pre-market trading, after the company announced Q1, 2021 results and offered a business update.

    Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) shares are trading up 7.53% at $7.43 at the time of writing. The company’s 52-week range was noted as $0.89 to $7.91.

    K12 Inc. (LRN) grew over 6.56% at $25.49 in pre-market trading today.

    Polar Power Inc. (POLA), an Electrical Equipment & Parts company, dropped about -3.35% at $3.46 in pre-market trading Thursday.

    Ayro Inc. (AYRO) stock moved up 3.77 percent to $4.4 in the pre-market trading, after the company revealed its Q3, 2020 fiscal results.

    Jaguar Health Inc. (JAGX) gained over 5.82% at $0.22 in pre-market trading Thursday 19 November 2020, following the announcement of its third-quarter 2020 financial scores.

    Sanchez Midstream Partners LP (SNMP) is down more than 0.0% at $0.5951 in pre-market hours Thursday 19 November 2020. The stock had jumped over 11.03% to $0.60 in the last trading session.

    Before the trading started on 19 November 2020, Waitr Holdings Inc. (WTRH) is up 6.46% to reach $3.38, as the company’s earnings results topped estimates. It has been trading in a 52-week range of $0.26 to $5.85.

    GreenPower Motor Company Inc. (GP) stock plunged -1.07% to $18.49 in the pre-market trading, after the report that Thermalito Union Elementary School District Agrees on purchase of six all-electric school buses from GreenPower. The most recent rating by Maxim Group, on November 02, 2020, is a Buy.

    Arcimoto Inc. (FUV) grew over 0.74% at $9.51 in pre-market trading today, after the company revealed its Q3, 2020 results, and business update.

    Kandi Technologies Group Inc. (KNDI), an Auto Manufacturers company, rose about 11.55% at $12.65 in pre-market trading Thursday, November 19, 2020, after the report that Kandi America’s EV qualified for $2,500 refund in Texas.

    China HGS Real Estate Inc. (HGSH) gained over 11.17% at $1.99 in pre-market trading Thursday 19 November 2020.

    VAALCO Energy Inc. (EGY) is down more than -9.63% at $1.22 in pre-market hours Thursday 19 November 2020, after the company revealed that it has signed a sale and purchase agreement to acquire Sasol Gabon S.A.’s 27.8% working interest in the Etame Marin block offshore Gabon. The stock had jumped over 32.35% to $1.35 in the last trading session.

    Before the trading started on 19 November 2020, Kazia Therapeutics Limited (KZIA) is down -7.87% to reach $12.41, as the announcement was made that it has executed a definitive contract with the International Coalition for Adaptive Research (GCAR) to commence Kazia’s participation in the GBM AGILE pivotal study in glioblastoma. It has been trading in a 52-week range of $2.47 to $11.10.

    Naked Brand Group Limited (NAKD) stock soared 39.0% to $0.18 in the pre-market trading.

    Phoenix Tree Holdings Limited (NYSE: DNK) shares are trading down -18.6% at $3.72 at the time of writing. The company’s 52-week range was noted as $1.27 to $13.90.

  • 41 Stocks Taking Bigger Strides in Pre-Market Session

    41 Stocks Taking Bigger Strides in Pre-Market Session

    IMAC Holdings Inc. (IMAC) stock plunged -13.16% to $1.32 in the pre-market trading after the company reported third-quarter earnings. The most recent rating by Ascendiant Capital Markets, on April 15, 2020, is at a Buy.

    Allied Healthcare Products Inc. (NASDAQ: AHPI) shares are trading down -10.31% at $7.05 at the time of writing. The company’s 52-week range was noted as $0.92 to $45.00.

    EuroDry Ltd. (EDRY) tumbled over -16.9% at $5.9 in pre-market trading today following Company posted results for the nine-month period and quarter ending September 30, 2020.

    Pyxis Tankers Inc. (PXS), a Marine Shipping company, dropped about -11.86% at $1.04 in pre-market trading Friday as a result of publication stating announcement date of quarterly results and conferencing call.

    XPeng Inc. (XPEV) stock moved up 5.41 percent to $47.15 in the pre-market trading after the news that it has posted strong operating and financial results as a public company.

    Electra Meccanica Vehicles Corp. (SOLO) gained over 18.01% at $5.7 in pre-market trading Friday 13 November 2020 as the company posted robust 3rd quarter results.

    Li Auto Inc. (LI) is up more than 19.57% at $38.0 in pre-market hours Friday 13 November 2020 as the news appeared that the company has announced unaudited Q3 earnings. The stock had jumped over 27.27% to $31.78 in the last trading session.

    Before the trading started on 13 November 2020, Sino-Global Shipping America Ltd. (SINO) is down -7.02% to reach $2.25 following the company revealed earnings scores of fiscal 2020. It has been trading in a 52-week range of $1.37 to $4.89.

    Biocept Inc. (BIOC) stock plunged -15.42% to $5.21 in the pre-market trading as the firm posted third-quarter earnings. The most recent rating by Chardan Capital Markets, on November 14, 2017, is at a Buy.

    Fulgent Genetics Inc. (NASDAQ: FLGT) shares are trading up 6.63% at $41.0 at the time of writing after the news surfaced that company has reported record 3rd quarter earnings and raised its outlook for full-year 2020. The company’s 52-week range was noted as $6.70 to $52.47. Analysts have a consensus price target of $75.

    Zhongchao Inc. (ZCMD) tumbled over -10.7% at $1.92 in pre-market trading today after it was publicized that Zhongchao Inc. and Takeda pharmaceutical will expand the extent of collaboration in China.

    CBAK Energy Technology Inc. (CBAT), an Electrical Equipment & Parts company, rose about 28.46% at $5.1 in pre-market trading.

    Aeterna Zentaris Inc. (AEZS) lost over -11.11% at $0.32 in pre-market trading Friday 13 November 2020 as it was reported that the giant has announced its 3rd quarter earnings results as well provided business update.

    Northern Dynasty Minerals Ltd. (NAK) is down more than -4.5% at $0.885 in pre-market hours Friday 13 November 2020. The stock had jumped over 13.08% to $0.93 in the last trading session.

    Before the trading started on 13 November 2020, 9F Inc. (JFU) is down -9.68% to reach $1.12. It has been trading in a 52-week range of $0.72 to $11.41.

    Boxlight Corporation (BOXL) stock soared 4.97% to $1.69 in the pre-market trading after the news that the company is set to hold data for its Q3 earnings results and conference call. The most recent rating by National Securities, on May 19, 2020, is at a Buy.

    CureVac N.V. (NASDAQ: CVAC) shares are trading up 5.83% at $73.75 at the time of writing as cureVac’s COVID-19 vaccine candidate, CVnCoV, is suitable for standard fridge temperature Logistics. The company’s 52-week range was noted as $36.15 to $85.00.

    NIO Limited (NIO) grew over 5.57% at $50.99 in pre-market trading today as the news surfaced that the Chinese maker of electric vehicles, Nio Inc (NASDAQ: NIO), is facing intensified competition from Tesla Inc (NASDAQ: TSLA), which will only get more serious with the introduction of its China-made Model Y car.

    Revlon Inc. (REV), a Household & Personal Products company, dropped about -8.49% at $11.0 in pre-market trading Friday after the reports that company sales dropped during the third fiscal quarter.

    Kandi Technologies Group Inc. (KNDI) stock moved up 12.72 percent to $7.8 in the pre-market trading after it was revealed in the news that Kandi Technologies announced the closing of a registered direct placement of $60 million of common stock and warrants.

    Niu Technologies (NIU) gained over 4.49% at $33.29 in pre-market trading Friday 13 November 2020 as it was reported the company will announce its quarterly results on November 23, 2020.

    Onconova Therapeutics Inc. (ONTX) is down more than -10.86% at $0.2601 in pre-market hours Friday 13 November 2020 as news appeared that the company has issued a business update and reveled its quarterly earnings results. The stock had jumped over 7.99% to $0.29 in the last trading session.

    Before the trading started on 13 November 2020, Futu Holdings Limited (FUTU) is up 4.7% to reach $41.68 as it was publicized that the company’s stock will be added to the MSCI Hong Kong Small Cap Index. It has been trading in a 52-week range of $8.16 to $40.99.

    Fisker Inc. (FSR) stock soared 5.86% to $15.89 in pre-market trading. The most recent rating by Cowen, on November 09, 2020, is at an Outperform.

    Novavax Inc. (NASDAQ: NVAX) shares are trading up 5.43% at $95.8 at the time of writing. The company’s 52-week range was noted as $3.54 to $189.40 after the report that company loss widened in Q3 and revenues missed analysts’ estimates. Analysts have a consensus price target of $290.

    Kaixin Auto Holdings (KXIN) grew over 9.46% at $3.47 in pre-market trading today.

    Vipshop Holdings Limited (VIPS), an Internet Retail company, rose about 6.09% at $23.5 in pre-market trading Friday after the exciting news surfaced that the stock earnings beat analysts’ predictions.

    Inovio Pharmaceuticals Inc. (INO) stock moved up 4.75 percent to $11.9 in the pre-market trading after the company posted its third-quarter results.

    Fastly Inc. (FSLY) gained over 4.94% at $80.01 in pre-market trading Friday 13 November 2020.

    Verastem Inc. (VSTM) is up more than 4.64% at $1.58 in pre-market hours Friday 13 November 2020 after the company highlighted its recent progress along with its quarterly results. The stock had jumped over 5.59% to $1.51 in the last trading session.

    Before the trading started on 13 November 2020, NovaBay Pharmaceuticals Inc. (NBY) is down -19.99% to reach $0.52 as the company posted Q3 earnings reports. It has been trading in a 52-week range of $0.24 to $1.94.

    Digital Ally Inc. (DGLY) stock plunged -7.51% to $2.34 in the pre-market trading after the publication of the company’s Q3 operating results. The most recent rating by Aegis Capital, on June 29, 2020, is at a Buy.

    Jumia Technologies AG (NYSE: JMIA) shares are trading up 5.01% at $14.25 at the time of writing after the company said that it has managed to cut down on losses after making a strategic shift due to covid-19. The company’s 52-week range was noted as $2.15 to $23.90. Analysts have a consensus price target of $4.50.

    JD.com Inc. (JD) grew over 4.83% at $90.55 in pre-market trading today after the company revealed the date of its earnings call.

    Creative Realities Inc. (CREX), a Software – Application company, dropped about -15.53% at $0.87 in pre-market trading Friday as the company reported its third-quarter 2020 results.

    Myovant Sciences Ltd. (MYOV) stock moved up 6.43 percent to $18.22 in the pre-market trading following Corporate Updates and Financial Results for the second-quarter fiscal year 2020.

    Cassava Sciences Inc. (SAVA) lost over -19.59% at $8.99 in pre-market trading Friday 13 November 2020 as Cassava Sciences announced a proposed public offering of common stock.

    Four Seasons Education (Cayman) Inc. (FEDU) is down more than -6.41% at $0.82 in pre-market hours Friday 13 November 2020. The stock had jumped over 2.82% to $0.88 in the last trading session.

    Before the trading started on 13 November 2020, Bionano Genomics Inc. (BNGO) is down -6.65% to reach $0.535 as the company revealed its latest business update along with quarterly earnings results. It has been trading in a 52-week range of $0.25 to $1.39.

    Blink Charging Co. (BLNK) stock plunged -5.94% to $9.82 in the pre-market trading as the company revealed both quarterly and nine-month 2020 results. The most recent rating by H.C. Wainwright, on August 14, 2020, is at a Neutral.

    Farfetch Limited (NYSE: FTCH) shares are trading up 15.71% at $50.0 at the time of writing as the company posted Q3 earnings results. The company’s 52-week range was noted as $5.99 to $44.73. Analysts have a consensus price target of $42.

    Kensington Capital Acquisition Corp. (KCAC) grew over 11.19% at $15.9 in pre-market trading today after the company announced on November 25, 2020, a special meeting will be held to approve the business combination.

    Aytu BioScience Inc. (AYTU), a Biotechnology company, dropped about -2.93% at $0.9998 in pre-market trading Friday following Aytu BioScience announced fiscal Q1 2021 net revenue of $13.5 Million, an increase of 839% year-over-year.

    Palatin Technologies Inc. (PTN) stock moved up 4.22 percent to $0.4151 in the pre-market trading after it reports 1st quarter and fiscal year 2021 results; Teleconference and Webcast to be held on November 17, 2020.

    SPI Energy Co. Ltd. (SPI) gained over 5.43% at $8.15 in pre-market trading Friday 13 November 2020.

    Nabriva Therapeutics plc (NBRV) stock soared 6.41% to $0.45 in the pre-market trading. The most recent rating by Wedbush, on March 19, 2020, is at a Neutral. Nabriva Therapeutics to Participate in Upcoming Virtual Investor Conferences.

    Timber Pharmaceuticals Inc. (AMEX: TMBR) shares are trading up 5.32% at $0.99 at the time of writing after the announcement of the business update and 3rd quarter results. The company’s 52-week range was noted as $0.87 to $12.60.

  • SPI Energy (NASDAQ: SPI) Announces Plan To Spin Off Solar Juice

    SPI Energy (NASDAQ: SPI) Announces Plan To Spin Off Solar Juice

    SPI Energy Co, Ltd. (NASDAQ: SPI) has announced that it has received the approval of the Boards of Directors of the Company to spin-off its Solar Juice Co., Ltd. unit through an initial public offering. It has revealed that it will maintain its majority ownership of Solar Juice after the spin-off.

    The company believed that if the spin-off will be successful it will be able to open the door of new growth. Solar Juice is the leader in the Asia Pacific market and best known for selling solar panels, EV charger, Solar system, and renewable energy solution for the residential and commercial markets.

    SPI Energy Co, Ltd has also dislcosed that it has completed the settlement with the minority stockholders of Solar Juice Australia. After the settlement, the lawsuit has been dismissed.

    SPI has earlier revealed in the Annual Report on Form 20-F, in May 2020, Solar Juice Co. Ltd that it has started legal action against its other shareholders and some of its other directors and claimed directors and against Solar Juice Australia together with Mr. Kun Fong Lee and Mr. Jinhan Zhou.

    The proceedings have been pursued in the Federal court of Austalia as plaintiffs by SPI. The complaint has been lodged against the new rights issues handled by Solar Juice Australia and against the appointment of an additional director after removing Mr. Kun Fong Lee and Mr. Jinhan Zhou as directors.  The Federal Court of Australia has ordered that the new appointment orders are invalid.

    SPI Energy Co, Ltd. (NASDAQ: SPI)  shares were trading up 16.12% at $9.22 at the time of writing on Tuesday. It had a trading volume of 10.29 million as compared to the average volume of 8.93 million. SPI Energy Co, Ltd. (SPI) share price went from a low point around $0.55 to briefly over $46.67 in the past 52 weeks. It has moved up 1576.36% from its 52-weeks low and moved down -80.24% from its 52-weeks high. SPI market cap has remained high, hitting $139.11 Million at the time of writing.