Penny Stocks Archives - Page 39 of 1231

2 minute read

California’s Weed Sales Decline: Market Ripe For Consolidation, Biggest Companies Likely To Benefit

March 29, 8:48 AM

The California cannabis sector is facing a sales decline, according to a recent market update from Pablo Zuanic, senior equity research analyst at Zuanic & Associates.

GHBWF

2 minute read

Cannabis Ancillary Company Urban-Gro’s Stock Plunges On Reporting Q4 & 2023 Results, Here’s Why

By Rolando García

March 28, 3:04 PM

When design-build provider to the cannabis industry Urban-Gro (NASDAQ: UGRO) announced its financial results Wednesday for the full year and 4Q 2024, the company's stock price plunged to $1.4 - a 23.42% decrease in just 24 hours

UGRO

3 minute read

Crude Oil Surges Over 2%; MSC Industrial Shares Fall After Q2 Results

By Avi Kapoor

March 28, 2:56 PM

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling around 15 points on Thursday. The Dow traded up 0.06% to 39,785.29 while the NASDAQ fell 0.13% to 16,383.85. The S&P 500 also rose, gaining, 0.10% to 5,253.70.

AVTX

4 minute read

Why Kodiak Sciences Shares Are Trading Lower By Around 20%? Here Are Other Stocks Moving In Thursday’s Mid-Day Session

By Avi Kapoor

March 28, 2:08 PM

Shares of Kodiak Sciences Inc. (NASDAQ: KOD) fell sharply during Thursday’s session after the company reported a wider-than-expected fourth-quarter loss. Kodiak Sciences posted a quarterly loss of $1.13 per share, compared to market expectations for a loss of 77 cents per share.

ABTS

2 minute read

Penny Stocks

The Electric Pickup Concept Continues To Evolve

By Upwallstreet

March 28, 1:24 PM

2023 was the year of electric pickups. The EV king, Tesla Inc (NASDAQ: TSLA) finally brought its long-awaited Cybertruck to market. But, even Tesla found this particular vehicle challenging, still having to conquer the mass production equation. But, the concept continues to evolve.

3 minute read

Gold Gains 1%; Walgreens Narrows Earnings Forecast

By Avi Kapoor

March 28, 12:30 PM

U.S. stocks traded slightly higher midway through trading, with the S&P 500 gaining around 0.1% on Thursday. The Dow traded up 0.06% to 39,785.87 while the NASDAQ rose 0.06% to 16,408.04. The S&P 500 also rose, gaining, 0.13% to 5,255.09.

AVTX

2 minute read

What’s Going On With EV-Maker Nikola Stock?

By Erica Kollmann

March 28, 12:11 PM

Nikola Corporation shares are trading higher Thursday, and the stock is up more than 50% over the past five days. Nikola unveiled the first commercial hydrogen fueling station in Alberta, Canada on Wednesday. The company said the HYLA fueling station will help meet the fueling needs of the Nikola hydrogen fuel cell EVs in the Canadian market.

NKLA

2 minute read

Cannabis Company Glass House Reports: 89% Increase In Revenue, Aims For $50 M Profits In 2024

By Nicolas Jose Rodriguez

March 28, 11:23 AM

Glass House Brands Inc. (OTC: GHBWF), a vertically integrated cannabis firm in California, revealed an 89% surge in annual revenue to $160.8 million, setting a new record.

GHBWF

2 minute read

REX American Resources Reports Upbeat Earnings, Joins Avalo Therapeutics, RH And Other Big Stocks Moving Higher On Thursday

By Avi Kapoor

March 28, 11:00 AM

U.S. stocks were slightly higher, with the S&P 500 gaining around 0.1% on Thursday. Shares of REX American Resources Corporation (NYSE: REX) rose sharply during Thursday’s session following upbeat quarterly earnings.

ALT

5 minute read

Akeso Marks Profit Milestone With Swift Rights Issue

By The Bamboo Works

March 28, 10:58 AM

Key Takeaways: Akeso swung to an annual profit of 1.94 billion yuan, boosted by licensing income of 2.92 billion yuan The next highly anticipated product in the firm’s drug pipeline is ivonescimab, the first PD-1/VEGF bispecific antibody to enter Phase III clinical trials By Molly Wen

SMMT