Usio Inc. (USIO) stock soared 41.54% to $2.59 in the pre-market trading after declaring that it has entered into a non-binding Letter of Intent (LOI) to acquire the assets of Information Management Solutions, LLC (IMS).
NeuroMetrix Inc. (NURO), a Medical Instruments & Supplies company, dropped about -8.03% at $2.75 in pre-market trading Wednesday.
Cinedigm Corp. (CIDM) stock moved up 43.36 percent to $1.23 in the pre-market trading following a strategic alliance with Spherex to drive Cinedigm’s global growth.
Recon Technology Ltd. (RCON) stock moved up 112.5 percent to $3.06 in the pre-market trading.
Curis Inc. (NASDAQ: CRIS) shares are trading up 2.29% at $6.7 at the time of writing after revealing proposed public offering of common Stock. Company’s 52-week ranged between $0.62 to $3.59. Analysts have a consensus price target of $5.
Gran Tierra Energy Inc. (GTE) lost over -7.04% at $0.355 in pre-market trading Wednesday December 09, 2020. The firm recently declared a financial update and the Company’s 2021 capital budget and production guidance.
Aurora Cannabis Inc. (ACB) is down more than -0.94% at $10.5 in pre-market hours Wednesday December 09, 2020. The stock had jumped over 1.24% to $10.60 in the last trading session.
Carnival Corporation & Plc (CCL) is up more than 2.76% at $24.22 in pre-market hours Wednesday December 09, 2020 following declaration of Cunard, a part of Carnival Corporation & plc (CCL), that it has extended its pause in operations due to the ongoing travel constraints in place across the world. The stock had jumped over 1.59% to $23.57 in the last trading session.
Before the trading started on December 09, 2020, Occidental Petroleum Corporation (OXY) is up 2.56% to reach $19.62 after reporting upsize of previously announced cash tender offers and consent solicitations for certain of its senior notes. It has been trading in a 52-week range of $8.52 to $47.58.
Virgin Galactic Holdings Inc. (SPCE) stock soared 2.55% to $34.24 in the pre-market trading. The most recent rating by Goldman, on October 23, 2020, is a Neutral.
Eastman Kodak Company (NYSE: KODK) shares are trading down -4.04% at $10.7 at the time of writing after getting clean chit from U.S government regarding a government loan. Company’s 52-week ranged between $1.50 to $60.00.
Moderna Inc. (MRNA) grew over 3.38% at $175.6 in pre-market trading today after declaring that the Swiss Federal Government has increased its confirmed order commitment from 4.5 million to 7.5 million doses of Moderna’s vaccine candidate against COVID-19, mRNA-1273.
Riot Blockchain Inc. (RIOT), a Software – Application company, dropped about -5.78% at $9.3 in pre-market trading Wednesday.
Norwegian Cruise Line Holdings Ltd. (NCLH), a Travel Services company, rose about 1.95% at $28.7 in pre-market trading Wednesday after announcing partnership with AtmosAir Solutions.
XPeng Inc. (XPEV) stock moved down -3.72 percent to $46.88 in the pre-market trading following the pricing of follow-on public offering of American depositary shares.
Cinemark Holdings Inc. (CNK) stock soared 2.26% to $15.36 in the pre-market trading. The most recent rating by Loop Capital, on November 19, 2020, is a Hold.
Before the trading started on December 09, 2020, Tonix Pharmaceuticals Holding Corp. (TNXP) is up 0.15% to reach $0.65 after declaring results of positive phase 3 RELIEF study for TNX-102 SL 5.6 mg in Fibromyalgia. It has been trading in a 52-week range of $0.39 to $2.46.
CBAK Energy Technology Inc. (NASDAQ: CBAT) shares are trading up 3.3% at $5.95 at the time of writing following the publication of securities purchase agreement with certain institutional investors for a registered direct placement of approximately $49.2 million of common stock at a price of $5.18 per share. Company’s 52-week ranged between $0.36 to $11.40.
Jaguar Health Inc. (NASDAQ: JAGX) shares are trading down -4.84% at $0.3798 at the time of writing. Company’s 52-week ranged between $0.19 to $1.08. Analysts have a consensus price target of $2.
United Airlines Holdings Inc. (UAL) grew over 1.88% at $49.96 in pre-market trading today after launching virtual, on demand customer service at the airport.
GameStop Corp. (GME) is down more than -17.59% at $13.96 in pre-market hours Wednesday December 09, 2020 after releasing results for the third quarter ended October 31, 2020. The stock had jumped over 3.61% to $16.94 in the last trading session.
Before the trading started on December 09, 2020, ADMA Biologics Inc. (ADMA) is up 4.31% to reach $2.18. It has been trading in a 52-week range of $1.45 to $4.65.
Before the trading started on December 09, 2020, HEXO Corp. (HEXO) is down -2.91% to reach $1.0. The firm recently reported downward revision to its proposed share consolidation ratio. It has been trading in a 52-week range of $0.35 to $2.30.
United Microelectronics Corporation (UMC) is up more than 1.37% at $8.88 in pre-market hours Wednesday December 09, 2020 afterreporting unaudited net sales for the month of November 2020. The stock had dropped over -3.10% to $8.76 in the last trading session.
Apache Corporation (NASDAQ: APA) shares are trading up 1.08% at $14.92 at the time of writing following the board of directors of Apache Corporation (APA) has declared a regular cash dividend on the company’s common shares. Company’s 52-week ranged between $3.80 to $33.77. Analysts have a consensus price target of $16.
Phunware Inc. (PHUN) stock moved down -3.28 percent to $0.81 in the pre-market trading after revealing its receipt of the Privacy Shield certification.
Sorrento Therapeutics Inc. (SRNE) stock soared 9.62% to $8.66 in the pre-market trading after declaring that it has received CLIA Licensure from the State of California that permits testing of clinical samples. The most recent rating by H.C. Wainwright, on July 31, 2020, is a Buy.
Sesen Bio Inc. (SESN) gained over 5.42% at $1.75 in pre-market trading Wednesday December 09, 2020 following the announcement of commercial manufacturing and global supply partnership with Qilu Pharmaceutical.
Before the trading started on December 09, 2020, Futu Holdings Limited (FUTU) is up 2.27% to reach $44.61 after reporting that a leading global investment firm has agreed to purchase approximately 50,000,000 Class A ordinary shares of the Company in the form of prepaid warrants for an aggregate purchase price of approximately US$260,000,000. It has been trading in a 52-week range of $8.16 to $51.10.
Westwater Resources Inc. (WWR) stock soared 3.87% to $5.63 in the pre-market trading. The company recently provided an update on progress at its pilot plant operations at Dorfner Anzaplan’s facilities near Amberg, Germany, as well as at facilities in Frankfort, Germany, Chicago, Illinois, and Buffalo, New York.
Tag: USIO
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What changed for these 30 stocks in Pre Market Session
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Early Morning Vibes: 3 Best Performing Stocks Under $3
On December 8, American stock exchanges closed at historic highs. The S&P 500 Index climbed 0.28% to 3702 points, the Dow Jones added 0.35%, the NASDAQ rose 0.5%. The purchases spurred hope for fiscal stimulus, as well as the start of the UK vaccine distribution. The health and energy sectors were the top gains, rising 0.73% and 1.57%, respectively. The real estate segment turned out to be an outsider, losing 0.5%.
Corporate news
Tesla (TSLA: + 1.3%) announced a $ 5 billion additional share issue.
Productivity software maker Smartsheet (SMAR: + 11%) reported strong quarterly results and improved management forecasts.
Apparel retailer Stitch Fix (SFIX: + 39%) posted a good quarterly report, with a pleasant surprise for investors the company’s profit at a consensus loss.
Today, world stock markets are showing mostly positive dynamics. The likelihood of accepting an economic aid package is increasing. The day before, Treasury Secretary Stephen Mnuchin presented House Speaker Nancy Pelosi a $ 916 billion economic support bill. Unlike the bipartisan stimulus package last week, the bill provides for a one-time payment of $ 600 to each citizen instead of $ 300 weekly in addition to the unemployment. Republican leaders have already expressed support for Mnuchin’s bill. We believe that the congressmen have not yet been so close to a compromise in the past few months, and this is encouraging.
Another supportive factor was a report released by the FDA that the Pfizer / BioNTech anticancer vaccine is completely safe and highly effective. The probability of its approval on December 10 is close to 100%, and on the 11th, the distribution of the drug in the United States may begin. We estimate the risk that the pharmaceutical giant will face difficulties in mass production of the vaccine as minimal, although not zero.
Today Top Movers Under $3
Cinedigm Corp (CIDM) is up 50.35% at $1.30 in early morning on Wednesday after
Spherex revealed a strategic alliance with Cinedigm (NASDAQ: CIDM) to drive Cinedigm’s global growth.
Usio Inc (USIO) is up 38.80% in Wednesday’s premarket session after reporting that it has entered into a non-binding Letter of Intent (LOI) to acquire the assets of Information Management Solutions, LLC (IMS).
Recon Technology Ltd (RCON) was taking the aerial route in the after-market session as it surged 95.8% to $2.82, after a China-based independent solutions integrator in the oilfield service and environmental protection, electric power, and coal chemical industries, today announced its financial results for the fiscal year 2020.
Top Upgrades & Downgrades
JP Morgan turned bullish on Array Technologies Inc. (ARRY), upgrading the stock to “Overweight” and assigning a $41.0 price target.
Community Trust Bancorp Inc. (CTBI) has won the favor of Piper Sandler’s equity research team. The firm upgraded the shares from Neutral to Overweight.
Earlier Wednesday JP Morgan reduced its rating on Bloom Energy Corporation (BE) stock to Neutral from Overweight and assigned the price target to $26.0. With shares trading at around $30.59, the Wall Street firm thinks Bloom Energy Corporation’s stock could decline more than -62.5%.
DZ Bank analysts reduced their investment ratings, saying in research reports covered by the media that its rating for American Express Company (AXP) has been changed to Hold from Buy and the new price target is set at $128.0.
Analysts at KeyBanc downgraded Talos Energy Inc. (TALO)‘s stock to Sector Weight from Overweight Wednesday.
Latest Insider Activity
Freeport-McMoRan Inc. (FCX) Vice Chairman, President & CEO ADKERSON RICHARD C announced the sale of shares taking place on Dec 04 at $25.17 for some 467,887 shares. The total came to more than $11.78 million.
Discovery Inc. (DISCA) Director LOWE KENNETH W sold on Dec 04 a total 1,202,403 shares at $25.22 on average. The insider’s sale generated proceeds of almost $2.32 million.
Regulus Therapeutics Inc. (RGLS) 10% Owner Sonsini Peter W. declared the purchase of shares taking place on Dec 04 at $0.62 for some 4,398,602 shares. The transaction amount was around $2.74 million.
Hepion Pharmaceuticals Inc. (HEPA) CEO and Director Foster Robert T bought on Dec 08 a total 25,259 shares at $1.58 on average. The purchase cost the insider an estimated $39,418.
Earnings To Watch Today
Top US earnings releases scheduled for today include Asana Inc. (NYSE:ASAN). It will announce its Oct 2020 financial results. The company is expected to report earnings of -$0.37 per share from revenues of $54.14M in the three-month period.
Analysts expect Mesa Air Group Inc. (NASDAQ:MESA) to report a net income (adjusted) of -$0.02 per share, when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Sep 2020 is predicted to come in at $92.95M.
Adobe Inc. (ADBE), due to announce earnings after the market closes today, is expected to report earnings of $2.66 per share from revenues of $3.36B recently concluded three-month period.
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That’s why Usio, Inc. (USIO) stock Mounted in the After-Hours
Usio, Inc. (Nasdaq: USIO), share jumped 55.2% to $2.84 after an advanced supplier of electronic payment systems after it revealed the signing of a non-binding Letter of Intent purchase Information Management Solutions properties, LLCC (IMS). IMS is a proven provider of electronic bill display, paper composition, document decomposition, and printing and mailing services representing hundreds of companies, including utilities and financial institutions, covering a wide variety of industries worldwide.
IMS co-founder Kelly Dowe added, “IMS is very happy to confirm our prospective takeover by Usio. We have been supplying our clients with creative, first-class electronic bill display, paper warehousing, and large-scale print and mail solutions for the last twenty-four years. “
Under an exclusive agreement, IMS will work with Usio until the transaction is completed or terminated. The transaction details are not being disclosed at this time. As is customary, the agreement relies on the practical outcome of due diligence, the execution of an audit by IMS and the payment of a purchase price from the current cash of Usio, and the issuance to the owners of IMS of several Usio warrants yet to be decided.
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Top 20 Stocks In Software – Infrastucture Industry
With the increase in the advancement in technologies, the software industry is starting booming. Increasing demands for advanced software are also expected to fuel the market. Software is everywhere and this industry is considered to be an important industry as it engaged in the development of new software that provides the best services to the clients.
This industry is huge and there are various opportunities in this industry that can be explored to grow our business. New technological advancements, new products, and a competitive market stimulated the growth of any industry. We all are well aware that the software industry is also changing every year, every month, every week, and even every day to meet the needs of their customers. There are various opportunities in this industry one can get to grow its business.
Check out the top 20 leading companies in the software infrastructure industry:
Taoping Inc. (NASDAQ: TAOP)
Taoping Inc. (NASDAQ: TAOP) Shares headed rising, higher as much as 1.44%. Taoping Inc. (TAOP) has disclosed its unaudited financial results for the six months ended June 30, 2020. Revenue was $3.7 million for the first six months of 2020, a decrease of $3.4 million, compared to $7.1 million for the same period last year. It has a market capitalization of $20.78 million at the time of writing.
Priority Technology Holdings Inc. (NASDAQ: PRTH)
Priority Technology Holdings Inc. (NASDAQ: PRTH) fall -4.08% after losing more than -$0.13 on Monday. Priority Technology Holdings Inc. (PRTH) disclosed that it is scheduled to participate in a virtual event as part of Alliance Global Partners’ Tech Talk series. Tom Priore, Chairman and Chief Executive Officer of Priority, will take part in a fireside chat at 11:00 a.m. EDT on October 8, 2020.
CYREN Ltd. (NASDAQ: CYRN)
CYREN Ltd. (NASDAQ: CYRN) last closed at $1.01, in a 52-week range of $0.31 to $1.97. CYREN Ltd. (CYRN) has earlier revealed that it has been included as a representative vendor in Gartner’s 2020 Market Guide for Email Security, which was published on September 8, 202. The company has a total market capitalization of $61.32 million at the time of writing. Looking at its profitability its has a return on assets of -25.00%, return on equity of -75.50%, and return on investment of -50.60%.
Synacor Inc. (SYNC)
Synacor Inc. (SYNC) last closed at $1.52, in a 52-week range of $0.79 to $1.85. Analysts have a consensus price target of $2.22. Synacor Inc. (SYNC) announced that premium television network EPIX, an MGM Company, has deployed Cloud ID, the consumer identity and access management platform trusted by leading entertainment brands, to better serve millions of subscribers that want to view content on a range of platforms.
Bridgeline Digital Inc. (NASDAQ: BLIN)
Bridgeline Digital Inc. (NASDAQ: BLIN) stock drop by -0.43% to $2.33. Bridgeline Digital Inc. (BLIN) disclosed today the release of Celebros Studio 9.0. The upgrade includes a newly designed Studio, redesigned with a new and improved look-and-feel and powerful new features that drive increased revenue for eCommerce websites.
Opera Limited (NASDAQ: OPRA)
Opera Limited (NASDAQ: OPRA) Shares headed rising, higher as much as 2.05%. The most recent rating by Cowen, on May 21, 2020, is at an Outperform. Previously, Opera Limited (OPRA) has announced that it is planning to release a new version of its Android and desktop browsers today. The release is happening in parallel to celebrate the completely redesigned sync capabilities between the browsers. Opera for Android is reaching version 60 and Opera for desktop version 71.
SecureWorks Corp. (NASDAQ: SCWX)
SecureWorks Corp. (NASDAQ: SCWX) rose 1.61% after gaining more than $0.19 on Monday. SecureWorks Corp. (SCWX) has previously announced it has executed the acquisition of Delve. This company has traded up 126.28% from its 52-weeks low and moved down -34.34% from its 52-weeks high.
Usio Inc. (NASDAQ: USIO)
Usio Inc. (NASDAQ: USIO) last closed at $1.60, in a 52-week range of $0.75 to $3.72. Usio Inc. (USIO) earlier disclosed the closing of an underwritten public offering of common stock for gross proceeds of approximately $8 million, prior to deducting underwriting discounts and commissions and offering expenses payable by Usio.
i3 Verticals Inc. (NASDAQ: IIIV)
i3 Verticals Inc. (NASDAQ: IIIV) stock soar by 1.39% to $26.17. The most recent rating by Raymond James, on September 23, 2020, is at a Strong buy. i3 Verticals Inc. (IIIV) disclosed the acquisition of three companies that strengthen its vertical focus. The first acquisition is within the Company’s fast-growing Public Sector vertical. The second acquisition is within the Company’s Healthcare vertical and offers medical billing and other software. The final acquisition offers proprietary technology that will augment the Company’s existing platform across several verticals.
CSG Systems International Inc. (NASDAQ: CSGS)
CSG Systems International Inc. (NASDAQ: CSGS) shares headed rising, higher as much as 0.82%. The most recent rating by Sidoti, on March 10, 2020, is at a Buy. CSG Systems International Inc. (CSGS) disclosed today it has joined the Innovation Corridor, a global technology and innovation accelerator. CSG will work with Innovation Corridor partners including national labs, government, research universities, and entrepreneurs, to support the transformation of municipalities into “smart cities” using innovative technologies such as IoT, 5G, and artificial intelligence after this move.
SPS Commerce Inc. (NASDAQ: SPSC)
SPS Commerce Inc. (NASDAQ: SPSC) last closed at $87.79, in a 52-week range of $31.28 to $85.89. Analysts have a consensus price target of $81.71. SPS Commerce Inc. (SPSC) earlier launched the latest evolution of SPS Commerce Fulfillment for Intuit QuickBooks. The full-service EDI offering fully automates sales order fulfillment to support omnichannel retail businesses.
Datasea Inc. (NASDAQ: DTSS)
Datasea Inc. (NASDAQ: DTSS) shares were trading down -1.79% at $3.29 at the time of writing on Monday. Datasea Inc. (NASDAQ: DTSS) share price went from a low point around $0.82 to briefly over $7.39 in the past 52 weeks, though shares have since pulled back to $3.29. DTSS market cap has remained high, hitting $65.80M at the time of writing, giving it a price-to-sales ratio of more than 40.
Talend S.A. (NASDAQ: TLND)
Talend S.A. (NASDAQ: TLND) stock soar by 0.38% to $41.88. The most recent rating by Goldman, on June 07, 2019, is at a Sell. Covanta has recently selected Talend S.A. (TLND), a leader in data integration and data integrity, to serve as the foundation for its Data Hub, which will be accessed across the organization to improve operational efficiencies and ensure workplace safety.
NetScout Systems Inc. (NASDAQ: NTCT)
NetScout Systems Inc. (NASDAQ: NTCT) last closed at $23.87, in a 52-week range of $19.11 to $29.62. Analysts have a consensus price target of $27.30. NetScout Systems Inc. (NTCT) announced earlier the findings of its 1H 2020 Threat Intelligence Report, which reinforces the dramatic impact cybercriminals have had during the COVID-19 pandemic.
Varonis Systems Inc. (NASDAQ: VRNS)
Varonis Systems Inc. (NASDAQ: VRNS) stock soar by 1.05% to $126.47. The most recent rating by JMP Securities, on August 04, 2020, is at an Mkt outperform. Varonis Systems Inc. (VRNS) disclosed that it will report its third-quarter 2020 financial results following the close of the U.S. financial markets on Monday, October 26, 2020.
Bottomline Technologies (de) Inc. (NASDAQ: EPAY)
Bottomline Technologies (de) Inc. (NASDAQ: EPAY) Shares headed rising, higher as much as 0.71%. The most recent rating by DA Davidson, on May 04, 2020, is at a Neutral. EPAY announced a partnership with Dow Jones Risk & Compliance, which adds key data to Bottomline’s Anti-Money Laundering and Counter-Terrorist Financing monitoring and screening capabilities, used to identify and thwart illicit transactions.
Tucows Inc. (NASDAQ: TCX)
Tucows Inc. (NASDAQ: TCX) stock soar by 0.32% to $74.09. The most recent rating by Cantor Fitzgerald, on August 25, 2015, is at a Buy. Tucows Inc. (TCX) has a 52-weeks low range of $42.50 and a 52-weeks high range of $75.00. This company has traded up 74.33% from its 52-weeks low and moved down -1.21% from its 52-weeks high. This company has a total market capitalization of $784.61 million at the time of writing.
Endava plc (NYSE: DAVA)
Endava plc (NYSE: DAVA) rose 2.02% after gaining more than $1.32 on Monday. Looking at its profitability its has a return on assets of 6.60%, return on equity of 10.50%, and return on investment of 7.00%. This company has a total market capitalization of $3.63 billion at the time of writing.
Net 1 UEPS Technologies Inc. (NASDAQ: UEPS)
Net 1 UEPS Technologies Inc. (NASDAQ: UEPS) shares headed falling, lower as much as -1.76%. The most recent rating by B. Riley FBR, on September 08, 2020, is at a Buy. Net 1 UEPS Technologies Inc. (UEPS) share price went from a low point around $2.70 to briefly over $4.45 in the past 52 weeks, though shares have since pulled back to $3.34 on Tuesday. UEPS market cap has remained high, hitting $191.85 M at the time of writing
EVO Payments Inc. (NASDAQ: EVOP)
EVO Payments Inc. (NASDAQ: EVOP) fall -0.43% after losing more than -$0.11 on Monday. EVO Payments Inc. (EVOP) has a 52-weeks low range of $10.12 and a 52-weeks high range of $30.00. This company has traded up 151.19% from its 52-weeks low and moved down -15.27% from its 52-weeks high.