Category: Market Commentary
Market Commentary

AstroNova, Inc. (NASDAQ: ALOT) Earns Airbus Tier 1 Supplier Status for Flight Deck Printers on the Airbus A320 Family of Aircraft

AstroNova, Inc. (NASDAQ: ALOT) has been awarded a contract to supply printers to Airbus aircraft. The company has created a line of specialized equipment which ensures sustainable sales. AstroNova, Inc. (ALOT) is now a tier 1 supplier for the aviation concern Airbus. This is a project to supply the A320 aircraft with PTA-45B printers. These small printers can be placed in the cockpit and used to print paper charts and tables. Additionally, these printers are capable of printing boarding passes and other information. In 2017, AstroNova acquired the right to manufacture compact printers from Honeywell. Since then, it has supplied
Market Commentary

Here is what you should know about Lexaria Bioscience Corp. (LEXX)

During the pre-market hours, on Tuesday 29 June 2021, LEXX stock soared +2.04%. At the time of this writing, the stock is currently trading at the price of $7.02.  Apparently, what seems like a sudden rise in the stock value, could be the result of Life Sciences companies investor presentation. However, let’s step back and look at the bigger picture to understand the working of Lexaria bioscience corp. During the start of this month on June 3rd, 2021, Lexaria bioscience crop. made an announcement about its study conducted to test the antiviral efficacy of both of its compounds, remdesivir, and
Market Commentary

Is It the fundamentals that draw people into Kopin Corporation [KOPN]

Kopin Corporation (KOPN) has joined the Russell 2000 Index and introduced new augmented reality glasses technology. The company makes optical-electron business and home use. A share of KOPN gained 5.73 % to $ 9.59 in trading on June 16. Currently, the market capitalization is $863 million. Shares in Kopin Corporation (KOPN) closed the previous trading day at $9.07. Shares were traded at a volume of 3.78 million, which was higher than the average of 3.66 million. This stock fluctuated in price between $8.90 and $9.89 during the trading session. The company had an earnings per share ratio of -0.06. KOPN’s
Market Commentary

How did Cricut Inc.’s (CRCT) stock perform in the last quarter?

Cricut Inc. (CRCT), a manufacturer of paper handling equipment, released its first-quarter report last week. The increase in CRCT stock by 22.70 %, to $ 24.54, was driven by strong performance and significant audience growth. Cricut’s revenue increased by 125.3 % during the past quarter compared to last year to $ 323.8 million. A 140.6 % increase in subscription sales to $ 46.1 million was recorded. A 279 % jump in net profit drove the company’s net profit to $ 49.4 million. A 253.4 % increase in international revenues accounted for 10.3 % of total revenues. In this regard, Cricut
Market Commentary

Here Are Some Important Numbers About EchoStar Corporation (SATS) For You To Know

EchoStar Corporation (SATS) recently released its 2021 first-quarter report. Besides boosting sales, the company has been able to capitalize on the potential of LEO satellite communications. EchoStar’s revenue for the quarter increased 3.6 % year over year to $ 482.6 million. In terms of net income, the company earned $ 135.3 million, an increase of 42.6%. In terms of adjusted EBITDA, the company generated $ 185.7 million. Cash and equivalents totalled $ 2.3 billion. Several positive signs are emerging for Hughes, a satellite and broadband provider owned by EchoStar Corporation (SATS). Approximately 1.553 million Hughes customers had signed up as
Market Commentary

What Is Causing G1 Therapeutics Inc. (GTHX) Stock To rising In aftermarket Trading?

G1 Therapeutics, Inc. (Nasdaq: GTHX) a commercial-stage biopharmaceutical company specializing in the discovery, development and delivery of next generation therapies that enhance the lives of patients affected with cancer, announced corporate and financial update for the first quarter completed on March 31, 2021. GTHX stock increased substantially adjacent to the news. At last check in after-market trading, shares of G1 Therapeutics Inc. (GTHX) were up 6.47% at $21.05.  GTHX’s stock closed last session at $19.77, decreasing -2.51% or -$0.51.   Shares of the company fluctuated between $19.71 and $20.70 throughout the day.  Over the past three months, the stock has lost -28.63%,

LBPS Stock
Market Commentary

Myriad Genetics Inc. (NASDAQ: MYGN) stock gains as there are few important developments

Myriad Genetics Inc. (NASDAQ: MYGN) stock went up 0.60% at last close after few important developments. Myriad Genetics is a global leader in genetic testing and precision medicine, committed to changing and shaping the lives of patients around the world. Significant Developments On May 3, 2021, MYGN revealed that it had reached an agreement with Labcorp to sell Myriad Autoimmune’s business unit’s operational properties and intellectual property, including the Vectra test, for $150 million in cash. Labcorp is a world leader in life sciences and one of the major laboratory service providers in the United States. The Vectra test has
Market Commentary

Precipio Inc. (NASDAQ: PRPO) stock gains during after-hour trading. Here’s what’s happening?

Precipio Inc. (NASDAQ: PRPO) stock soared by 171.98% at last close while the PRPO stock price continues to rise by 36.36% in an after-hours trading session. Precipio has created a program that aims to eliminate misdiagnosis by using the intellect, experience, and technologies gained within academic institutions by providing high-quality diagnostic information to physicians and their patients around the world, as well as proprietary goods that support laboratories around the world. Significant Development PRPO unveiled on May 3, 2021 that it had finally deployed its COVID-19 rapid antibody test (20 minute) on Amazon.com’s business platform, which tests for both IgG
Market Commentary

Sangamo Therapeutics Inc. (NASDAQ: SGMO) stock fall in the current market session. Here’s what’s happening?

Sangamo Therapeutics Inc. (NASDAQ: SGMO) stock declined by 1.01% at last close while the SGMO stock price continues to fall in the current-market at last check. There is no recent news available regarding this downfall in SGMO share price, as of now. Sangamo Therapeutics is dedicated to developing genomic therapies that have the ability to change patients’ lives through gene therapy, cell therapy, and genome engineering. Upcoming Events Sangamo Therapeutics, a genomic medicine firm, recently announced that its first quarter financial results for 2021 will be released after the market closes on Tuesday, May 4, 2021. On April 28, 2021

CTVA Stock
Market Commentary

SunLink Health Systems Inc. (NASDAQ: SSY) stock rises in the pre-market session. Here’s what’s happening?

SunLink Health Systems Inc. (NASDAQ: SSY) stock gained by 23.21% at the last trading close while the SSY stock price continued to rise by 5.8% in the pre-market trading. There is no update available particularly about this rise in SSY share price. SunLink Health Systems is the holding firm for a group of companies that manage and run healthcare assets and services in the Southeast. Each of SSY’s entities is managed on a local level, with the goal of connecting patients’ needs with healthcare providers. Recent Past Development On March 16, 2021 SunLink Health Systems reported that Trace Regional Hospital, a

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