Category: Market Commentary

Market Commentary

Plymouth Industrial REIT, Inc. (PLYM) stock is decreasing in the aftermarket – here’s why?

Plymouth Industrial REIT, Inc. (PLYM) has seen a decrease of 7.24% in the aftermarket. However, the last trading session closed at $22.5 with a decline of 2.13%. Dividend for the Third Quarter of 2021 PLYM declared the third quarter 2021 dividend on 15th September 2021. The normal quarterly cash dividend of $0.21 per share of common stock would be paid in the third quarter of 2021. Moreover, the dividend, which amounts to $0.84 per common share on an annualized basis, will be paid on October 29, 2021, to shareholders. PLYM Closes $500 Million Unsecured Credit Facilities PLYM announced on 17th

Market Commentary

Evaxion Biotech A/S (EVAX) stock surged in afterhours trading. Why did it happen?

Evaxion Biotech A/S (EVAX) has experienced an increase of 4.61% in the aftermarket. However, the last trading session closed at . www.tronweekly.com 55 with an increase of 8.4%. EVAX Appoints Dr. Birgitte Rønø as Chief Scientific Officer EVAX announced on 21 September 2021 that Birgitte Rn, Ph.D., Senior Director of Immuno-Oncology, is the Chief Scientific Officer, starting immediately. Dr. Rn has worked in academia and business for more than 15 years in biopharmaceutical drug development. Dr. Rn worked at Novo Nordisk A/S as a specialist, team leader, and project manager, where she managed early drug discovery initiatives, evaluated in-licensing prospects,

Market Commentary

Naked Brand Group Limited (NAKD) Soars over 20% following Chairman’s Address of AGM 2021

The shares of Naked Brand Group Ltd. (NAKD) are pumping after the chairman of the company shares update on the annual meeting of shareholders, which took place on August 20, 2021. Naked Brand Group (NAKD) has been in the highlights lately. For investors, NAKD stock has not been in the long-term book. However, recent corporate changes indicate future shifts in value for NAKD stock. The company held its annual meeting of the shareholders on August 20, 2021. The CEO and Chairman of NAKD, Justin Davis-Rice has updated the shareholders publicly in the context of the meeting. Previously, in August the company via Form

Market Commentary

Vail Resorts Inc. (MTN) Stock Trends Higher Following Stellar Financial Reports for Q4 2021

Vail Resorts Inc. (MTN) stock prices were up by 5.65% some time after market trading commenced on September 24th, 2021. This brought the price per share up to USD$346.11 early on in the trading day. Promising Net Income MTN stock reported net income in the amount of USD$127.9 million for fiscal 2021, representing a 29.4% increase from fiscal 2020. The fiscal 2021 year was adversely affected by the ongoing coronavirus pandemic and resulting limitations and restrictions. One such effect of the pandemic was the early closure of Whistler Blackcomb on March 30th 2021. Government mandated stay at home orders and

Market Commentary

Nike Inc. (NKE) Stock Exhibited Minor Volatility Following Disclosure of Financial Reports for Q1 2022

Nike Inc. (NKE) stock prices were down by 6.62% some time after market trading commenced on September 24th, 2021. This brought the price per share down to USD$149.07 early on in the trading day. NKE Stock’s Promising Quarter NKE stock reported an increase in revenues of 12 percent on a currency-neutral basis. The company reported healthy growth across all channels, led by NIKE Direct growth of 25 percent. This increase was largely facilitated by the steady normalization of owned physical retail, which grew by 24 percent. These reports exceeded pre-pandemic levels from the first quarter of fiscal 2020. NIKE Brand

Market Commentary

HIVE Blockchain Technologies Ltd. (HIVE) Stock Exhibits Minor Volatility Following Disclosure Full Year Financial Reports

HIVE Blockchain Technologies Ltd. (HIVE) stock prices were down by 0.8021% some time after market trading commenced on September 24th, 2021. This brought the price per share down to USD$3.71 early on in the trading day. HIVE Stock Persists Pandemic The fiscal 2021 was a stellar year for HIVE stock, despite the continued effects of the coronavirus pandemic. The company reported record results and continued to increase our Ethereum and Bitcoin mining capacity. The fiscal year saw the company assume direct responsibility for the entirety of its cryptocurrency mining operations. Having migrated the responsibility from its former strategic partner, the

Market Commentary

Tarena International Inc. (TEDU) Stock Exhibits Minor Volatility Following Disclosure of Q2 2021 Financial Reports

Tarena International Inc. (TEDU) stock prices opened and closed the trading day on September 23rd, 2021 at USD$1.49. Subsequent premarket fluctuations have seen the stock dip by 2.01%, bringing it down to USD$1.46. Net Revenue Breakdown Net revenues for the second quarter of fiscal 2021 were reported in the amount of USD$90.2 million by TEDU stock. This was a significant 75% year over year increase from the USD$65.27 million reported in the prior year quarter. The adult professional education business accounted for 50.3% of the total net revenue, amounting to USD$45.4 million. This was a year over year increase from

Market Commentary

Dynatronics Corp. (DYNT) Stock Exhibits Minor Volatility Following the Disclosure of Financial Reports for Q4 2021

Dynatronics Corp. (DYNT) stock prices were up by 2.74% as of the market closing on September 23rd, 2021. This brought the price per share up to USD$1.50 at the end of the trading day. Subsequent premarket fluctuations have seen the stock fall by 2.00%, bringing it down to USD$1.53. DYNT Stock’s Net Sales The fourth quarter of fiscal 2021 saw DYNT stock report total net sales in the amount of USD$12.2 million. Gross profit margin for the quarter came in at a promising 19.1%. Net income was accordingly USD$2.9 million, a significant improvement from the net loss of USD$2.3 million

Market Commentary

Applied Genetic Technologies Corp. (AGTC) Updates Q4 and Year-end results, What’s Next?

Applied Genetic Technologies Corp. (AGTC) shares were on a move on September 23, 2021. With the quarterly and year-end outcomes, things can move either way around.  The biotech company has been trading sideways since the massive pump in February 2021. Applied Genetic Technologies Corp. (AGTC) has shown promising outlooks in its quarterly reports. The company has some exciting projects in line which puts the stock on upside potential. Applied Genetic have released results of the fourth quarter and fiscal year ended June 30, 2021. The company has thrived on its various ongoing projects. Whereas the financial outcomes surpassed the expectations. AGTC

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Market Commentary

Why Four Seasons Education (Cayman) Inc. (FEDU) stock soared today?

Four Seasons Education (Cayman) Inc. (FEDU) stock soared today after it announced the approval of the share repurchase program by its board members. FEDU stock price saw a surge of 32.73% to reach $0.73 a share at the time of this writing. The stock went high in the previous trade by 5.47% bringing the per-share price $0.58 at closing. Let’s explore more about this stock. Four Seasons Education (Cayman) Inc is the provider of after-school tutoring services in the People’s Republic of China. Its main focus is to provide high-quality math education. It not only provides tutoring services but also