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Tag: Tilray

  • What Is The Reason For Today’s Rise In Tilray (TLRY) Stock?

    Tilray Brands Inc. (NASDAQ: TLRY) has orchestrated a remarkable ascent, surging by an impressive 31.12% to stand at $2.91 in the latest trading update. Just recently, Tilray’s stock concluded the preceding trading session at $2.22.

    The tide of news continues to swell as Tilray (TLRY) unveils its latest strategic maneuver: a definitive agreement to acquire a portfolio of eight distinct beer and beverage brands from the renowned Anheuser-Busch (NYSE: BUD).

    The acquisition embraces iconic names including:

    1. 10 Barrel Brewing Company
    2. Blue Point Brewing Company
    3. Breckenridge Brewery
    4. HiBall Energy.
    5. Redhook Brewery
    6. Shock Top
    7. Square Mile Cider Company
    8. Widmer Brothers Brewing

    Ensuring continuity, the deal encompasses not only the brands themselves but also the dedicated workforce, brewing facilities, and pubs linked to these esteemed names. Settled in an all-cash arrangement, the transaction is anticipated to conclude its course in 2023, subject to customary closing conditions.

    Incorporating these cherished beer and beverage brands into its fold, Tilray envisages an amplified resonance in the heartstrings of its consumer base.

    Notably, the anticipated surge in sales volume from these acquisitions propels Tilray Brands to ascend from its current 9th position to a distinguished 5th ranking among craft beer enterprises within the United States.

    This newfound stature joins forces with Tilray Brands’ existing portfolio, which already boasts the likes of SweetWater Brewing Company, Montauk Brewing Company, Alpine Beer Company, and Green Flash Brewing Company.

    It’s noteworthy that Tilray Brands also holds the reins of Breckenridge Distillery, a distinguished spirits brand, and the illustrious World’s Best Blended Whisky, in addition to its Happy Flower CBD-infused non-alcoholic effervescent libations.

    This landmark announcement stands as a pillar of consolidation for TLRY’s supremacy and influence across the expansive U.S. craft brewing landscape. As the threads of this narrative intertwine, Tilray is resolutely committed to nurturing and elevating the thriving craft beer industry.

    With a dedicated focus on channeling resources into innovation, Tilray seeks to fan the flames of excitement, thereby propelling the growth trajectory of its ardent consumer community.

  • Tilray Inc. (TLRY) Stock Surges Following Announcement of Promising Financial Reports for Fiscal Q4 2021

    Tilray Inc. (TLRY) stock prices were up 22.47% as of the market opening on July 28th, 2021, bringing the price per share up to USD$15.69 early on in the trading day.

    Net Revenue Breakdown

    Net revenue for the fourth quarter of fiscal 2021 was reported at USD$142.2 million, up 25% from the USD$113.5 million reported for the prior year quarter. The increase was largely driven by a 36% increase in net cannabis revenue, which was reported at USD$53.7 million. This included a four wee contribution from legacy-Tilray, a 10% decline in distribution revenue, and a net beverage alcohol revenue of USD$15.9 million as a result of TLRY stock’s acquisition of SweetWater on November 25th 2020. Also contributing to the year-over-year increase was wellness revenue in the amount of USD$5.8 million from Manitoba Harvest.

    Income and Adjusted EBITDA

    Net income for the 2021 quarter came in at USD$33.6 million, a massive improvement from the net loss of USD$84.3 million reported in the prior year quarter. Adjusted EBITDA was up to USD$12.3 million during the fourth quarter of 2021, representing a massive 285% increase from the USD$3.2 million reported in the prior-year quarter. This marks the ninth consecutive quarter of positive Adjusted EBITDA.

    TLRY Stock’s Gross Profits

    Gross Profits were down to USD$22.5 million for the quarter, a 19% decrease from the USD$27.8 million reported in the prior-year quarter. Gross profits for the quarter included a one-time inventory valuation adjustment of USD$19.9 million, derived from excess inventory quantities as of the business combination with Aphria. Adjusted gross profit was reported at USD$42.4 million, a 53% increase from the USD$27.8 million reported for Q4 2020.

    Ongoing Cost Synergies

    TLRY stock anticipates facilitating significant cost synergies amounting to a total of USD$80 million within eighteen months of closing its business combination with Aphria Tilray. These cost synergies are forecasted to be focused in the key areas of cultivation and production, cannabis and product purchasing, sales, and marketing, as well as corporate expenses. So far, the company has achieved USD$35 million in synergies.

    Future Outlook for TLRY

    Armed with the success of its most recent financial reports for the last quarter of fiscal 2021, TLRY is poised to continue its trajectory of success into the new year. Current and potential investors are hopeful that management will be able to leverage the resources at its disposal to facilitate significant and sustained increases in shareholder value.

  • 49 Stocks Making Sharp Moves in Pre Market Session

    49 Stocks Making Sharp Moves in Pre Market Session

    BlackBerry Limited (BB) stock soared 21.29% to $8.49 in the pre-market trading following the announcement of its multi-year, global agreement with Amazon Web Services, Inc. (AWS). The most recent rating by TD Securities, on April 01, 2020, is a Hold.
    Gores Metropoulos Inc. (GMHI), a Shell Companies company, dropped about -3.71% at $16.37 in pre-market trading Wednesday.
    Carnival Corporation & Plc (NYSE: CCL) shares are trading up 2.48% at $20.65 at the time of writing. The firm recently reported Peter C. Anderson as a Section 16 Named Executive Officer. Company’s 52-week ranged between $7.80 to $51.94. Analysts have a consensus price target of $31.
    Guardion Health Sciences Inc. (GHSI) is up more than 2.11% at $0.3 in pre-market hours Wednesday December 02, 2020. The stock had jumped over 11.71% to $0.29 in the last trading session.
    Advaxis Inc. (ADXS) grew over 0.85% at $0.32 in pre-market trading today. The healthcare company recently announced closing of $9.2 million public offering.
    Before the trading started on December 02, 2020, RiceBran Technologies (RIBT) is down -5.56% to reach $0.68. It has been trading in a 52-week range of $0.37 to $2.43.
    Sundial Growers Inc. (SNDL) stock moved up 5.75 percent to $0.69 in the pre-market trading and the company recently announced elimination of senior secured second lien convertible notes.
    Kaixin Auto Holdings (KXIN) is up more than 4.55% at $7.35 in pre-market hours Wednesday December 02, 2020. The stock had jumped over 8.32% to $7.03 in the last trading session.
    Moleculin Biotech Inc. (MBRX) lost over -7.83% at $0.9125 in pre-market trading Wednesday December 02, 2020 after declaring that the US Food and Drug Administration (FDA) has approved its request for a “Rare Pediatric Disease” designation for its drug candidate WP1066.
    Jaguar Health Inc. (JAGX) stock plunged -5.83% to $0.4313 in the pre-market trading. The most recent rating by Rodman & Renshaw, on July 11, 2017, is a Buy.
    Auris Medical Holding Ltd. (EARS) stock plunged -17.97% to $4.29 in the pre-market trading after reporting positive efficacy data from testing AM-301 in vitro. The most recent rating by Euro Pacific Capital, on October 08, 2018, is a Buy.
    Before the trading started on December 02, 2020, Sunworks Inc. (SUNW) is up 9.88% to reach $4.67. It has been trading in a 52-week range of $0.29 to $8.50.
    China Automotive Systems Inc. (NASDAQ: CAAS) shares are trading down -4.95% at $8.25 at the time of writing after the firm declared that its shipped approximately 120,000 units from its portfolio of electric power steering products for use in Chinese electric vehicles during 2020. Company’s 52-week ranged between $1.42 to $10.50.
    Tilray Inc. (NASDAQ: TLRY) shares are trading up 1.61% at $8.2 at the time of writing. Company’s 52-week ranged between $2.43 to $22.95. Analysts have a consensus price target of $4.77.
    Ocugen Inc. (OCGN) lost over -8.87% at $0.3101 in pre-market trading Wednesday December 02, 2020. The company recently reported that leading independent proxy firms ISS and Glass Lewis recommended Ocugen stockholders vote “FOR” reverse stock split and authorized shares amendment proposals.
    AMC Entertainment Holdings Inc. (AMC) is up more than 2.41% at $4.25 in pre-market hours Wednesday December 02, 2020. The stock had dropped over -2.81% to $4.15 in the last trading session.
    Before the trading started on December 02, 2020, JetBlue Airways Corporation (JBLU) is down -4.67% to reach $14.7 following the declaration of its pricing of common stock offering. It has been trading in a 52-week range of $6.61 to $21.65.
    Before the trading started on December 02, 2020, Uxin Limited (UXIN) is down -3.65% to reach $1.32. It has been trading in a 52-week range of $0.72 to $3.10.
    Li Auto Inc. (NASDAQ: LI) shares are trading up 1.78% at $35.48 at the time of writing after announcing that the Company delivered 4,646 Li ONEs in November 2020. Company’s 52-week ranged between $14.31 to $47.70. Analysts have a consensus price target of $45.60.
    Aurora Cannabis Inc. (ACB) stock soared 3.59% to $10.1 in the pre-market trading. The most recent rating by Jefferies, on November 16, 2020, is an Underperform.
    Tantech Holdings Ltd (TANH), a Household & Personal Products company, dropped about -3.24% at $1.79 in pre-market trading Wednesday after reporting the launch by its subsidiary, Shangchi Automobile Co., Ltd., of its newest highly innovative driverless and autonomous street sweeper.
    Corbus Pharmaceuticals Holdings Inc. (NASDAQ: CRBP) shares are trading down -5.52% at $1.37 at the time of writing. Company’s 52-week ranged between $0.91 to $9.78. Analysts have a consensus price target of $3.
    iBio Inc. (IBIO) is up more than 19.31% at $1.73 in pre-market hours Wednesday December 02, 2020 after revealing that it has entered into its first Statement of Work (“SoW”) under a Master Services Agreement with ATB Therapeutics to produce its bioengineered antibody-toxin fusion proteins using iBio’s FastPharming® System. The stock had dropped over -2.68% to $1.45 in the last trading session.
    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) shares are trading up 2.09% at $23.42 at the time of writing. Company’s 52-week ranged between $7.03 to $59.78. Analysts have a consensus price target of $26.
    Moderna Inc. (MRNA) stock soared 6.09% to $149.6 in the pre-market trading. The biotechnology firm reported recently, that the primary efficacy analysis of the Phase 3 study of mRNA-1273 conducted on 196 cases confirms the high efficacy observed at the first interim analysis. The most recent rating by Wells Fargo, on November 23, 2020, is an Equal weight.
    Switchback Energy Acquisition Corporation (SBE) is down more than -4.16% at $28.13 in pre-market hours Wednesday December 02, 2020. The stock had dropped over -12.67% to $29.35 in the last trading session.
    Novavax Inc. (NVAX) grew over 4.84% at $129.44 in pre-market trading today after declaring COVID-19 vaccine clinical development progress.
    Before the trading started on December 02, 2020, Eastman Kodak Company (KODK) is up 3.88% to reach $7.5. It has been trading in a 52-week range of $1.50 to $60.00.
    ReneSola Ltd (SOL), a Solar company, dropped about -11.66% at $6.97 in pre-market trading Wednesday after releasing its third quarter 2020 financial results.
    Acasti Pharma Inc. (ACST) stock plunged -9.56% to $0.3301 in the pre-market trading. The most recent rating by Oppenheimer, on September 01, 2020, is a Perform.
    Pfizer Inc. (PFE) stock moved up 3.73 percent to $40.88 in the pre-market trading after the firm and BioNTech SE reporting that the Medicines & Healthcare Products Regulatory Agency (MHRA) in the U.K. has granted a temporary authorization for emergency use for their COVID-19 mRNA vaccine (BNT162b2), against COVID-19.
    Gevo Inc. (NASDAQ: GEVO) shares are trading down -3.17% at $1.83 at the time of writing. Company’s 52-week ranged between $0.46 to $2.91.
    Fisker Inc. (FSR) is down more than -3.41% at $17.55 in pre-market hours Wednesday December 02, 2020. The company recently reported that that Henrik Fisker, chairman and chief executive officer of Fisker, will participate in the Credit Suisse Eighth Annual Virtual Industrials Conference. The stock had dropped over -6.24% to $18.17 in the last trading session.
    Nxt-ID Inc. (NXTD) grew over 43.17% at $0.587 in pre-market trading today.
    Before the trading started on December 02, 2020, Bloom Energy Corporation (BE) is down -6.58% to reach $23.0 and the company will host virtual analyst day on December 16, 2020. It has been trading in a 52-week range of $3.00 to $28.24.
    Ocean Power Technologies Inc. (OPTT), a Electrical Equipment & Parts company, dropped about -3.54% at $2.45 in pre-market trading Wednesday.
    Nikola Corporation (NKLA) stock soared 4.38% to $18.13 in the pre-market trading after signing MOU with General Motors. The most recent rating by Loop Capital, on November 20, 2020, is a Buy.
    Vaxart Inc. (VXRT) gained over 3.92% at $7.95 in pre-market trading Wednesday December 02, 2020.
    salesforce.com inc. (CRM) lost over -4.16% at $231.3 in pre-market trading Wednesday December 02, 2020 after introducing service cloud workforce engagement to help contact centers thrive in an all-digital, work-from-anywhere world.
    InVivo Therapeutics Holdings Corp. (NVIV), a Biotechnology company, rose about 2.42% at $0.635 in pre-market trading Wednesday.
    FuelCell Energy Inc. (FCEL) stock plunged -20.11% to $7.23 in the pre-market trading following the publication pricing of its underwritten public offering of 34,518,539 shares of its common stock, at a public offering price of $6.50 per share. The most recent rating by JP Morgan, on November 19, 2020, is a Neutral.
    Pershing Square Tontine Holdings Ltd. (PSTH), a Shell Companies company, rose about 2.34% at $26.25 in pre-market trading Wednesday.
    Virgin Galactic Holdings Inc. (NYSE: SPCE) shares are trading up 4.37% at $29.59 at the time of writing after reporting its new flight window since it paused the spaceflight preparations in response to state guidelines from the New Mexico Department of Health to reduce the spread of COVID-19. Company’s 52-week ranged between $7.14 to $42.49. Analysts have a consensus price target of $19.
    Second Sight Medical Products Inc. (EYES) stock moved down -8.0 percent to $1.38 in the pre-market trading.
    BioNTech SE (BNTX) grew over 7.36% at $122.4 in pre-market trading today after declaring that it will hold a press conference including a video webcast on Wednesday, December 2, 2020, to provide an update on the status of the COVID-19 vaccine development program of its lead vaccine candidate BNT162b2.
    Sogou Inc. (SOGO), a Internet Content & Information company, rose about 3.09% at $8.68 in pre-market trading Wednesday.
    Tellurian Inc. (TELL) is down more than -4.29% at $1.56 in pre-market hours Wednesday December 02, 2020 and the firm recently declared the appointment veteran CEO and adds industry experts to board of directors. The stock had jumped over 9.40% to $1.63 in the last trading session.
    Arlo Technologies Inc. (ARLO) lost over -3.48% at $6.66 in pre-market trading Wednesday December 02, 2020.
    Before the trading started on December 02, 2020, ZoomInfo Technologies Inc. (ZI) is down -3.57% to reach $46.22 as the firm announced pricing of secondary offering of shares of class a common stock. It has been trading in a 52-week range of $30.83 to $64.40.

  • What changed for these 24 stocks in Pre Market Session

    What changed for these 24 stocks in Pre Market Session

    Sundial Growers Inc. (SNDL) stock plunged -4.62% to $0.287 in the pre-market trading. The company recently reported that it will participate in Cowen’s 2020 Boston Cannabis Conference, to be held virtually between November 30 and December 2, 2020. The most recent rating by CIBC, on August 17, 2020, is a Neutral.

    Ideanomics Inc. (NASDAQ: IDEX) shares are trading down -8.89% at $2.87 at the time of writing after the declaration by company that it has increased its stake in California-based Solectrac, Inc. through a follow-on investment of an additional $1.3 million. Company’s 52-week ranged between $0.28 to $3.98.

    Fuel Tech Inc. (FTEK), a Pollution & Treatment Controls company, dropped about -16.89% at $5.02 in pre-market trading Wednesday.

    Yunji Inc. (YJ) gained over 33.8% at $5.74 in pre-market trading Wednesday November 25, 2020 following the publication that the company has signed a cooperative framework agreement with Douyin, a leading Chinese live streaming platform owned by Bytedance.

    XPeng Inc. (XPEV) is down more than -5.69% at $66.61 in pre-market hours Wednesday November 25, 2020. The stock had dropped over -2.13% to $70.63 in the last trading session.

    DPW Holdings Inc. (DPW) stock plunged -6.66% to $5.89 in the pre-market trading after a news declared by the DPW Holdings, that its power electronics business, Coolisys Technologies Corp.® (“Coolisys®”), has established a program targeting both national and regional fast-food franchises to install the ACECool™ electric vehicle (“EV”) chargers as a part of a revenue sharing program.

    Li Auto Inc. (NASDAQ: LI) shares are trading down -5.14% at $41.7 at the time of writing. Company’s 52-week ranged between $14.31 to $44.18. Analysts have a consensus price target of $45.60.

    Macy’s Inc. (M) stock moved down -4.7 percent to $10.35 in the pre-market trading. The retail organization recently publicized that Malek Robert Amirshahi has been named senior vice president of corporate communications for Macy’s, Inc., effective December 7, 2020.

    Occidental Petroleum Corporation (OXY) lost over -3.52% at $16.19 in pre-market trading Wednesday November 25, 2020.

    Before the trading started on November 25, 2020, Blink Charging Co. (BLNK) is down -4.37% to reach $26.89. The organization recently told that it has acquired the EV charging operator U-Go Stations, Inc. and its portfolio of 44 DCFC charging locations. It has been trading in a 52-week range of $1.25 to $34.67.

    Tilray Inc. (TLRY) stock plunged -4.85% to $7.45 in the pre-market trading after the firm reported that it has entered into privately negotiated exchange agreements with certain holders of its 5.00% Convertible Senior Notes due 2023. The most recent rating by Jefferies, on November 16, 2020, is an Underperform.

    Marathon Patent Group Inc. (NASDAQ: MARA) shares are trading up 9.78% at $5.39 at the time of writing. Company’s 52-week ranged between $0.35 to $5.25. Analysts have a consensus price target of $7.50.

    Advaxis Inc. (ADXS), a Biotechnology company, rose about 7.36% at $0.3049 in pre-market trading Wednesday after the recent declaration by firm, the pricing of an underwritten public offering of (i) 26,666,666 shares of common stock and warrants to purchase up to 13,333,333 shares of common stock.

    ECMOHO Limited (MOHO) is down more than -22.22% at $2.8 in pre-market hours Wednesday November 25, 2020. The stock had jumped over 151.75% to $3.60 in the last trading session.

    Ayro Inc. (AYRO), a Auto Manufacturers company, dropped about -6.32% at $8.15 in pre-market trading Wednesday. The firm recently declared that the closing of its previously reported registered direct offering for an aggregate of $10 million in gross proceeds with Carnegie Hudson Resources, an investment arm of Wanxiang America, along with several existing institutional investors.

    Borr Drilling Limited (BORR) lost over -5.64% at $0.8766 in pre-market trading Wednesday November 25, 2020.

    OrganiGram Holdings Inc. (OGI) is down more than -1.64% at $1.2 in pre-market hours Wednesday November 25, 2020 after the healthcare company declared that it will report earnings results for its fourth quarter and full year Fiscal 2020 ended August 31, 2020 on Monday November 30th, 2020 before market open. The stock had jumped over 8.93% to $1.22 in the last trading session.

    Before the trading started on November 25, 2020, The Macerich Company (MAC) is down -4.5% to reach $10.41. It has been trading in a 52-week range of $4.56 to $26.20.

    The Gap Inc. (GPS), a Apparel Retail company, dropped about -11.57% at $23.76 in pre-market trading Wednesday after the company recently reported its financial results for the third quarter of fiscal year 2020, ending October 31.

    Aphria Inc. (NASDAQ: APHA) shares are trading down -3.65% at $6.6 at the time of writing. Company’s 52-week ranged between $1.95 to $6.60.

    Canaan Inc. (CAN), a Computer Hardware company, rose about 2.77% at $5.57 in pre-market trading Wednesday. The technology company plans to release its third quarter 2020 financial results before the market opens on Monday, November 30, 2020.

    Foresight Autonomous Holdings Ltd. (FRSX) is down more than -4.62% at $1.24 in pre-market hours Wednesday November 25, 2020. The stock had dropped over -2.99% to $1.30 in the last trading session.

    India Globalization Capital Inc. (IGC) stock plunged -7.43% to $1.37 in the pre-market trading. The firm reported that it is enrolling participants suffering from mild to severe dementia due to Alzheimer’s disease for its Phase 1 clinical trial.

    Jumia Technologies AG (NYSE: JMIA) shares are trading down -5.86% at $28.62 at the time of writing. Company’s 52-week ranged between $2.15 to $31.19. Analysts have a consensus price target of $4.50.

  • Market Movers: What changed for these 28 stocks while you were sleeping

    Market Movers: What changed for these 28 stocks while you were sleeping

    Aurora Cannabis Inc. (NYSE: ACB) shares are trading down -15.66% at $7.0 at the time of writing. The company’s 52-week range was noted as $3.71 to $45.48. Meanwhile, Aurora Cannabis revealed Proposed Public Offering.

    Pareteum Corporation (TEUM) tumbled over -57.47% at $0.1999 in pre-market trading today after Pareteum Delivered Business Update in Open Letter to Shareholders.

    Waitr Holdings Inc. (WTRH), a Software – Application company, rose about 6.59% at $2.75 in pre-market trading Wednesday.

    Jumia Technologies AG (JMIA) stock moved up 4.49 percent to $13.49 in the pre-market trading after Jumia posted Third Quarter 2020 Results.

    Tilray Inc. (TLRY) lost over -5.76% at $7.85 in pre-market trading Wednesday 11 November 2020 after the pot company vows profit despite slow sales growth.

    9F Inc. (JFU) is up more than 6.73% at $1.11 in pre-market hours Wednesday 11 November 2020 after the company shares had dropped over -14.75% to $1.04 in the last trading session.

    InnSuites Hospitality Trust (IHT) stock plunged -6.86% to $1.9 in the pre-market trading.

    Before the trading started on 11 November 2020, Destination XL Group Inc. (DXLG) is up 6.32% to reach $0.3296 after the largest omni-channel specialty retailer of big & tall men’s apparel, revealed on November 06, 2020, to announce its third-quarter 2020 results before the market opens on Friday, November 20, 2020. The stock has been trading in a 52-week range of $0.22 to $1.56.

    Novavax Inc. (NVAX) stock soared 5.28% to $82.9 in the pre-market trading following the news that Novavax, working with Morrisville firm, secured fast-track status for Covid-19 vaccine candidate. The most recent rating by H.C. Wainwright, on August 06, 2020, is at a Buy.

    Carnival Corporation & plc (NYSE: CUK) shares are trading up 6.02% at $15.67 at the time of writing after the company announced the sale of 67.1 million shares of Carnival Corporation common stock under its previous $1 billion “on the market” stock offering plan. The company’s 52-week range was noted as $7.08 to $49.03.

    Ballard Power Systems Inc. (BLDP) grew over 4.91% at $15.81 in pre-market trading today after its latest performance.

    Farfetch Limited (FTCH), an Internet Retail company, rose about 4.54% at $42.86 in pre-market trading Wednesday following the announcement on November 5, 2020, that Alibaba and Richemont will be investing $600 million in private convertible notes issued by Farfetch Limited.

    FSD Pharma Inc. (HUGE) stock moved up 14.39 percent to $1.59 in the pre-market trading as Raza Bokhari, CEO of FSD Pharma Inc (NASDAQ: HUGE), revealed that the biopharma company is fully funded to continue progress in its Phase 2 trial on the treatment of patients with hospitalized coronavirus.

    Fuel Tech Inc. (FTEK) gained over 64.26% at $1.25 in pre-market trading Wednesday 11 November 2020 after Fuel Tech Reported 2020 Third Quarter Financial Results.

    HEXO Corp. (HEXO) is down more than -3.88% at $0.75 in pre-market hours Wednesday 11 November 2020 following the announcement by the company that Health Canada has granted Trent MacDonald’s security clearance request under the Cannabis Act. The stock had dropped over -5.99% to $0.78 in the last trading session.

    Before the trading started on 11 November 2020, Phoenix Tree Holdings Limited (DNK) is up 4.61% to reach $1.59. It has been trading in a 52-week range of $1.27 to $13.90.

    DouYu International Holdings Limited (DOYU) stock soared 4.7% to $14.25 in the pre-market trading as China’s leading game-centric live streaming site and a leader in the value chain for eSports, today revealed its financial results for the third quarter. The most recent rating by China Renaissance, on November 05, 2020, is at a Hold.

    Sundial Growers Inc. (NASDAQ: SNDL) shares are trading down -13.38% at $0.3794 at the time of writing following the report that Sundial Growers Inc. (NASDAQ: SNDL) Shares Could Be 47% Below Their Intrinsic Value Estimate. The company’s 52-week range was noted as $0.14 to $4.02.

    Lyft Inc. (LYFT) grew over 5.69% at $38.1 in pre-market trading today following the news that it was working on a new service to take a slice of the burgeoning food-delivery market as it works to make up for a 48% drop in quarterly revenue and a slow recovery of ride-hail demand.

     

    Li Auto Inc. (LI), an Auto Manufacturers company, dropped about -3.21% at $24.43 in pre-market trading Wednesday after the company today announced a voluntary recall on some of its Li ONEs.

     

    Gulfport Energy Corporation (GPOR) stock moved up 6.75 percent to $0.28 in the pre-market trading.

     

    Ayro Inc. (AYRO) is down more than -4.98% at $2.67 in pre-market hours Wednesday 11 November 2020. The stock had dropped over -3.77% to $2.81 in the last trading session.  An engineer and manufacturer of light-duty, urban, and short-haul electric vehicles (EVs), on November 6, 2020, announced financial results for its third quarter of 2020.

     

    Before the trading started on 11 November 2020, Cellectar Biosciences Inc. (CLRB) is up 7.14% to reach $1.2 after, Maxim Group analyst Jason McCarthy assigned a buy rating to Cellectar Biosciences (CLRB) and set a $3.00 price target. It has been trading in a 52-week range of $1.01 to $3.33.

     

    GameStop Corp. (GME) stock soared 5.41% to $11.7 in pre-market trading. The most recent rating by Jefferies, on October 12, 2020, is at a Hold. The company announced that it will redeem $125 million in principal amount of its 6.75% Senior Notes due 2021 on December 11, 2020. This voluntary early redemption covers approximately 63% of the outstanding Notes.

     

    Weidai Ltd. (NYSE: WEI) shares are trading down -3.47% at $1.39 at the time of writing. The company’s 52-week range was noted as $0.73 to $6.40.

     

    Performant Financial Corporation (PFMT) grew over 10.16% at $1.03 in pre-market trading today after a leading provider of technology-enabled recovery and related analytics services in the United States, today reported financial results for its third quarter ended September 30, 2020.

     

    Five Prime Therapeutics Inc. (FPRX), a biotechnology company, rose about 278.46% at $20.21 in pre-market trading Wednesday after the company had announced that its gastric cancer drug met all three of its Phase 2 study efficacy endpoints.

     

    Datadog Inc. (DDOG) stock moved down -9.3 percent to $83.99 in the pre-market trading following an estimate-beating sales outlook, but investors who have seen the stock more than double this year have not been pleased. Furthermore, Datadog Released Monitoring Features for Detecting and Debugging DNS Issues.