E-commerce companies experienced a slowdown in their businesses in 2022 following the pandemic boost they received in the previous two years. The poor fundamental performance impacted their stock prices.
Pinterest Inc (NYSE: PINS) shares are rising Tuesday and if Piper Sandler is right about the idea discovery platform, the stock should continue to see more buyers than sellers into 2023.
Gainers
OpGen, Inc. (NASDAQ: OPGN) shares surged 220% to $0.3994 after the company announced topline data from its Unyvero urinary tract infections (UTI) clinical trial.
Gainers
Netcapital Inc. (NASDAQ: NCPL) shares rose 91.3% to $2.65 in pre-market trading following Q2 results. Netcapital posted Q2 earnings of $0.04 per share on sales of $1.78 million.