Category: Market Commentary
Market Commentary

SilverSun Technologies Inc. (NASDAQ: SSNT) stock soars in the pre-market. Here’s what you should know?

In the pre-market trading session the SilverSun Technologies Inc. (NASDAQ: SSNT) stock surged by 6.56% after rising by 1.21% at last close. The current rise in SSNT share price is not followed by any recent news. SSNT is a business application, technology, and consultancy firm that develops applications and IT solutions to address the information, technology, and business management needs of our clients. Customers can monitor, secure, and monetize their business assets using SSNT’s services and technology, whether on-premise or in the cloud. Recent Past Development On April 7, 2021, SilverSun Technologies announced the formation of an IT security and

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Market Commentary

Vaxart Inc. (NASDAQ: VXRT) stock soars in the after-hour session. Here’s what’s happening?

Vaxart Inc. (NASDAQ: VXRT) stock surged by 17.05% at last close while the VXRT stock price continues to rise by 8.91% in the after-hours trading. Vaxart is a clinical-stage biotechnology corporation that is working on a variety of oral recombinant vaccines using its own delivery mechanism. Vaxart vaccines are formulated to be given as tablets that can be packaged and delivered without refrigeration, reducing the chance of needle stick injury. What is happening? On April 29, 2021 Vaxart announced that Sean Tucker, VXRT’s founder and chief scientific officer, would speak at the upcoming World Vaccine Congress Washington, which will be
Market Commentary

Arcutis Biotherapeutics Inc. (NASDAQ: ARQT) stock gains in the current market. Here’s what you should know?

Arcutis Biotherapeutics Inc. (NASDAQ: ARQT) stock soars by 10.38% in current market trading. Arcutis Biotherapeutics has announced that the management is going to participate in a virtual fireside chat during the 2021 Truist Securities Life Sciences Summit, set to happen on 4-5 May 2021. Arcutis Biotherapeutics is a late-stage biopharmaceutical organization dedicated to designing and selling drugs for immune-mediated dermatological disorders and conditions, also known as immuno-dermatology. ARQT is taking advantage of recent advancements in immunology and inflammation to develop distinct treatments against clinically validated targets in order to address ongoing therapeutic problems in severe skin diseases Recent Development In
Market Commentary

Skyworks Solutions Inc. (NASDAQ: SWKS) stock plunges during pre-market trading. Here’s what’s happening?

Skyworks Solutions Inc. (NASDAQ: SWKS) stock gained by 0.74% at last close whereas the SWKS stock prices face a decline of 7.48% in the pre-market trading at last check as SKS has released its financial results for Q2 fiscal 2021. The wireless networking revolution is being fueled by Skyworks Solutions, Inc. In the aerospace, automotive, broadband, wireless infrastructure, connected home, industrial, medical, military, mobile, tablet, and wearable industries, SWKS’ highly advanced analog semiconductors are linking people, locations, and objects in a variety of new and previously unforeseen applications. Financial Results On April 29, 2021 SWKS released its second quarter fiscal
Market Commentary

Cirrus Logic Inc. (CRUS) stock falls during after-hour. Here’s to know why?

Cirrus Logic Inc. (NASDAQ: CRUS) stock surged by 0.17% at last close whereas the CRUS stock price declines by 11.24% in the after-hours trading after Cirrus Logic announced its financial results for the fourth quarter and fiscal year 2021. Cirrus Logic is a pioneer in low-power, high-precision mixed-signal processing that enables cutting-edge customer experiences in the world’s most common mobile and consumer applications. Cirrus Logic, based in Austin, Texas, is known around the world for its award-winning corporate culture. Financial Results On April 29, 2021, Cirrus Logic has released its financial highlights for the fourth quarter and full fiscal year
Market Commentary

Brightcove Inc. (BCOV) stock falls in the pre-market trading. What has happened?

Brightcove Inc. (NASDAQ: BCOV) stock plunged by 0.15% at last close while the BCOV stock keeps on declining by 13.37% in the pre-market trading session after Brightcove has announced its financial results for the first quarter of 2021. Brightcove’s award-winning technology has been helping consumers explore and experience the amazing power of video since 2004, enabling organizations in more than 70 countries around the world to reach audiences in bold and creative ways. Financial Highlights On April 28, 2021, BCOV reported its financial results for the first quarter ended March 31, 2021. Given below are the highlights: For the first
Market Commentary

Echo Global Logistics Inc. (NASDAQ: ECHO) stock gains during after-hour. Why is it so?

Echo Global Logistics Inc. (NASDAQ: ECHO) stock soared by 0.29% at last close while the ECHO stock price continues to surge in the after-hour trading by 7.75% at last check. This is because Echo Global has announced its Q1 2021 financial results on April 28, 2021. Echo Global Logistics is a Fortune 1000 company that specializes in technology-assisted shipping and supply chain management. Echo, based in Chicago and with over 30 offices around the country, provides freight brokerage and Managed Transportation services for all important modes, including truckload, partial truckload, LTL, intermodal, and expedited. Financial Results On April 28, 2021, ECHO
Market Commentary

Set Your Sights On Cinedigm Corp. (CIDM)’s Upside Potential

Recently, Cinedigm Corp. (CIDM), the streaming service and content provider, announced a new streaming video channel called Fantawild. Cinedigm shares climbed nearly 9% on April 26. CIDM shares cost $1.52 on April 27. The share price of CIDM Stock increased 176.36% over the past 12 months. The stock price gained 29.91% during the last five trades and declined -10.06% in the last 30 trades. While the share price was up by 164.35% in the last six months, its price had increased by 12.59% during the previous three months. Fantawild is a new channel that will have content from a popular
Market Commentary

Understand the Fundamentals of Proofpoint Inc. (PFPT)

Proofpoint Inc. (PFPT) increased 31% to $ 172.7 in April 26 trading following a report that Proofpoint sells its business for $12.03 billion to a private investment firm Thoma Bravo. Thomas Bravo is prepared to pay 176 dollars per Proofpoint share. Thoma Bravo will expand its extensive cybersecurity portfolio with this acquisition. In previous acquisitions, the investment firm has purchased Barracuda Networks for $1.6 billion and Imperva’s cybersecurity business for $2.1 billion, followed by its acquisition of Barracuda Networks for $2.1 billion. Besides, the Proofpoint Inc. also owned significant stakes in other data security companies. During the third quarter of
Market Commentary

Cleveland Biolabs, Inc. (CBLI) down another 5%, Here’s why

Cleveland Biolabs, Inc. (CBLI) is down another 5% in pre-market trading on Thursday after losing 5.9% in the regular trading session on Wednesday. The declines came after the company announced publication of the next Generation Deimmunized TLR5 Agonist, GP532. About Cleveland Biolabs Inc. Cleveland Biolabs Inc. was founded in 2003, and has its headquarters in Buffalo, New York, USA. CBLI is a clinical-stage biotechnology company which lays special emphasis on the development of oncology. The company specializes in the research and development of products that may have the potential to treat cancer and protect death causes by the acute adiation

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