Shares of AI solutions company Remark Holdings surged Tuesday as traders circulated a social media post from the company about a partnership with Microsoft.
U.S. stocks traded mixed this morning, with the Nasdaq Composite falling around 150 points on Wednesday.
Following the market opening Wednesday, the Dow traded up 0.13% to 38,517.77 while the NASDAQ fell 1.07% to 15,344.69. The S&P 500 also fell, dropping, 0.47% to 4,901.66.
Shares of Sintx Technologies, Inc. (NASDAQ: SINT) rose sharply in today’s pre-market trading after the company announced its subsidiary Technology Assessment & Transfer entered into a Cooperative Research and Development agreement with the U.S.
Remark Holdings shares soared by more than 250% on Tuesday as traders circled a social media post from the company about a partnership with Microsoft. After the market close, the company provided an update that sent shares tumbling.
Remark Holdings Inc (NASDAQ:MARK) shares are trading higher Tuesday following an unconfirmed deal with Microsoft Corp (NASDAQ:MSFT) via Remark's X social media account.
Shares of 3M Company (NYSE: MMM) fell sharply during Tuesday’s session after the company reported better-than-expected fourth-quarter EPS, but issued FY24 EPS guidance below estimates.