Category: Trading Advice

Trading Advice

SAIA Stock Rose After Receiving An Analyst Upgrade

Saia, Inc. (NASDAQ: SAIA) shares concluded the most recent trading session with a notable increase of 5.98%, settling at $379.93. This surge was primarily instigated by a favorable analyst recommendation, as Stifel elevated the stock from a “HOLD” rating to a “BUY.” Additionally, the analyst firm adjusted the price target for SAIA stock to $425, up from its previous target of $412. Furthermore, Saia (SAIA) proudly revealed yesterday that Saia LTL Freight has earned the esteemed accolade of being recognized as one of the “Top Companies for Women to Work For in Transportation” for the year 2023 by Redefining the

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Virgin Galactic Holdings, Inc. (SPCE) Announces Start of Commercial Spaceflight Service, Sparking Surge in After-Market Trading

Thursday’s after-market trading session witnessed an impressive surge in the stock price of Virgin Galactic Holdings, Inc. (SPCE). The price soared to $5.84, marking a remarkable change percentage of 43.84%. The surge was primarily driven by the company’s announcement of the start of commercial spaceline operations, generating excitement among investors and space enthusiasts alike. Virgin Galactic Initiates Commercial Spaceflights Virgin Galactic Holdings, Inc. revealed its plans to commence commercial spaceflights with the inaugural mission named ‘Galactic 01.’ Scheduled to take place between June 27 and June 30, 2023, ‘Galactic 01’ will carry three crew members from the Italian Air Force

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A Game-Changer Collaboration Is Raising The Stereotaxis (STXS) Stock Up

Stereotaxis Inc. (NYSE: STXS) is experiencing a significant increase in its stock value today, with a rise of 26.04% to reach $2.13 as of the latest update in recent trading. In comparison, on Thursday, Stereotaxis shares concluded the day at $1.69. The trading volume reached 2.57 million shares, surpassing the average volume of the past three months, which stood at 0.18 million. The surge in STXS stock is attributed to the recent announcement of a collaborative agreement. Which Collaboration Has STXS Entered Into? Stereotaxis (STXS) has recently announced a global collaboration with Abbott, a renowned healthcare company, to integrate Abbott’s

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What Caused The Golden Matrix (GMGI) Stock Jump After-Hours?

The gaming technology company Golden Matrix Group Inc. (NASD: GMGI) has seen an increase in its stock price in after-hours trading. The latest update shows a 5.31% rise, with shares being traded at $3.77. This positive development comes on the back of the company announcing impressive financial results for the full year 2022, with a more than 200% growth in revenue. This news has been well received by investors, resulting in a boost in the stock price. How strong remained GMGI’s financials? Golden Matrix (GMGI) reported substantial growth in its revenues over the course of a full year, with a

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Why Did Rockley Photonics (RKLY) Stock Gain 67% Pre-Hours?

Despite the lack of any major news, Rockley Photonics Holdings Limited (NYSE: RKLY) is rising on the charts today, up 67.05% to trade at $0.2499 at the last check in premarket activity. What is driving the pre-hours increase in RKLY stock then? In order to give a more complete picture of the multinational medical technology firm, recent developments may be pointed to as the Rockley Photonics (RKLY) stock increased in the lack of recent news. Rockley Photonics has won $15.5 million ($12.9 million) from HMRC, the UK government’s tax division, for their fiscal 2020 R&D tax credit. RKLY submitted its

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Was Satellogic (SATL) Stock Price Up After-Hours Session?

Following a business update, Satellogic Inc. (NASD: SATL), a pioneer in sub-meter resolution Earth Observation (“EO”) data collecting, saw its share price rise 14.92% to $3.39 in after-hours trading on Friday. What kind of update has SATL given? On Thursday, Satellogic (SATL) released a business update. In the first part of 2022, Satellogic began to completely commercialize low Earth observation, which was one of the company’s most significant advances in the direction of mission realization. SATL successfully listed its common shares on the Nasdaq to the public at the start of the year, which was a significant accomplishment. The biggest

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Tuesday’s Top Analyst Upgrades: Coupa Software Incorporated (COUP), Under Armour Inc (UAA), The Gap Inc. (GPS)

When analysts upgrades and downgrades a stock, it’s possible for the stock price to substantially shift. Short-term gains may be made from such stocks, but losses may also occur if they’re wrongly anticipated by the analysts. There are three main categories of ratings used by analysts: As a rule of thumb, stocks listed as “buy” perform better than the market. When a stock is considered a buy, analysts may use the terms overweight or outperform. Hold ratings indicate that the stock is expected to perform in line with the general market. Stocks with a Hold rating are generally not recommended

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What Happened On Tuesday Pre-Hours To Make Magenta Therapeutics (MGTA) Stock Surge?

When last checked, shares of Magenta Therapeutics Inc. (Nasdaq: MGTA) were soaring 45.22% to trade at $1.67 in pre-market on the release of top-line clinical study findings. What declaration has the MGTA made? In a presentation Monday at the American Society of Hematology 2022 Annual (ASH) Session in New Orleans, Magenta Therapeutics (MGTA) presented new clinical data from the current MGTA-117 Phase 1/2 dose-escalation clinical study and gave program updates across the portfolio. In its ongoing Phase 1/2 clinical trial, Magenta Therapeutics has demonstrated that a single dosage of MGTA-117 attaches target cells, uses up target cells, clears the body

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What Drove VGFC Stock Up 37% In Pre-Market Session On Wednesday?

After announcing a product launch, The Very Good Food Company Inc. (NASD: VGFC) shares were up 37.00% to trade at $0.1096 in pre-market at the last check. The debut of which product has VGFC announced? Last week, The VERY GOOD Food (VGFC) announced the opening of more than 900 Albertsons Companies, Inc. (“Albertsons”) supermarket shops nationwide. Customers will be able to discover VERY GOOD’s Smokey and Maple Bourbon Ribz and the Very Good Steak in the freezer areas of 7 Albertsons Divisions’ 900 locations and 2,700 additional distribution points starting in January 2023. Albertsons, who identified VGFC’s new products with

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Why Did Calyxt (CLXT) Stock Go 18% Higher In Pre-Market Session On Friday?

Shares of Calyxt Inc. (Nasdaq: CLXT) were up 17.85% at $0.1888 at the time of the most recent pre-market check. The price of CLXT stock rose despite the absence of recent news, so there may be some grounds for optimism that these events may provide more details about the firm. What has recently occurred at CLXT? In its research partnership agreement with a top Asian food ingredient company, Calyxt (CLXT) recently completed the first phase with success. The goal was to create an enhanced soybean that could produce oil as a viable commercial substitute for palm oil. Calyxt made significant