Category: Trading Advice

Trading Advice

Clover Health Investments, Corp. (CLOV) Stock on Precipitous Rise, Here’s Why

Clover Health Investments, Corp. (CLOV), a medicare advantage insurer, has surged 14.93% in aftermarket trading session. As a result, the stock is trading at $2.31 at the time of the writing. During Wednesday’s mid-day session, the stock slightly decreased by 1.47% and closed the day at $2.01. The surge in aftermarket could be attributed to the announcement of financial results. Q4 2021 Results On Wednesday, CLOV announced the results for Q4 2021 as well as for FY 2021. The period under discussion ended on 31st December 2021. The total revenue for Q4 2021 was $432 million compared to $166 million for

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TDH Holdings, Inc. (PETZ) Stock Surging in Premarket, Here’s the Reason

TDH Holdings, Inc. (PETZ), a company that develops, manufactures, and sells pet food products for pet owners in China, has surged 0.61% in the premarket trading session and consequently is trading at $0.47 at the time of the writing. On Friday, PETZ closed the day at $0.48 after increasing by 3.37% during regular trading hours. The stock is on a rally owing to the rumors of the company’s partnership with one of the largest retail corporations in the US. 1HFY2021 Operational Results In early December, PETZ released the operational results for the first half of the fiscal year 2021. The period

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DatChat, Inc. (DATS) Stock had a Hefty Tuesday, Here’s Why

DatChat, Inc. (DATS), a communication software company, has declined by 4.80% during the aftermarket trading session. Consequently, the stock is trading at $3.17 at the time of the writing. The decline could be attributed to the profit-taking factor after the stock rocketed by 38.75% during Tuesday’s regular trading session and closed the day at $3.33. The surge came after the company announced the initiation of web 3.0 platform development. Why DATS Surged? On Tuesday, DATS announced the initiation of the development of a new platform that would leverage the company’s technology to protect and share the NFTs, audio and video files, documents

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Broadcom Inc. (AVGO) Stock on a Rally in Aftermarket, Here’s the Reason

Broadcom Inc. (AVGO), a company that designs, develops, and supplies various semiconductor devices, has soared 12.59% in aftermarket trading session and consequently is trading at $671.451 at the time of the writing. The bullish behavior could be seen due to the approaching earnings release date. During Monday’s regular trading session, the stock slightly declined by 0.14% and closed the day at $596.37. For the moment, let’s discuss some developments related to the company. Q3 2021 Operational Results In September, AVGO released the operational results for the third quarter of the fiscal year 2021. The quarter ended on the 1st of

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Perella Weinberg Partners (PWP) Stock Faltering in Premarket, Here’s Why

Perella Weinberg Partners (PWP), an independent advisory firm, has declined 6.40% in premarket trading session and consequently is trading at $12 at the time of the writing. On Thursday, PWP closed the day at $12.82 after declining 1.08% during regular trading hours. The consistent decline could potentially be associated with the commencement of the public offering. Potential Reason for Decline of PWP On Thursday, PWP announced that it had commenced the public offering of 3,502,033 shares of Class A common stock. The company said that it would use the proceeds from the offering for the purchase of certain non-employee holders’ outstanding PWP

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electroCore, Inc. (ECOR) Stock Sliding After a Hefty Wednesday, Here’s Why

electroCore, Inc. (ECOR), a commercial-stage medical device company, has plunged 13.58% in aftermarket trading session and as a result, the stock is trading at $0.76 at the time of the writing. The decline could be attributed to the profit-taking effect after the stock rocketed by 64.03% during Wednesday’s regular trading session and closed the day at $0.88. The massive surge came after the company’s nVNS received the breakthrough device designation. Why ECOR Soared? On Wednesday, ECOR announced that its gammaCore™ nVNS device has received a Breakthrough Designation from the U.S. Food and Drug Administration (FDA). The designation has been received for the

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Li-Cycle Holdings Corp. (LICY) Stock Taking Solid Steps Forward, Here’s the Reason

Li-Cycle Holdings Corp. (LICY), a company engaged in the lithium-ion battery resource recovery and lithium-ion battery recycling business, has gained an increase of 3.78% in aftermarket trading session and consequently is trading at $9.33 at the time of the writing. On Tuesday, LICY closed the day at $8.99 after rising by 3.45% during the mid-day session. The consistent increase could be attributed to the announcement of Redemption Fair Market Value. Why LICY Increasing? On Tuesday, LICY announced the Redemption Fair Market Value in connection with the previously announced redemption of its outstanding warrants for the purchase of common shares of the company

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Quantum-Si Inc. (QSI) Stock Taking Solid Steps Ahead, Here’s the Cause

Quantum-Si Inc. (QSI), a company that operates the first next-generation protein sequencing and genomics platform for healthcare industries, has surged 6.31% in aftermarket trading session and consequently is trading at $6.23 at the time of the writing. The increase could be attributed to the business update provided by the company. On Monday, QSI closed the day at $5.86 after sliding 9.15% during the regular trading session. Why QSI Gaining? In the late hours of Monday, QSI released the business update. The company had list prices for its end-to-end protein sequencing platform such that there was PlatinumTM Single-Molecule Analyzer was placed at

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Veritone, Inc. (VERI) Stock Taking Solid Steps in Aftermarket, Here’s the Reason

Veritone, Inc. (VERI), a company that provides artificial intelligence (AI) computing solutions, has soared 5.87% in aftermarket trading session and consequently is trading at $20.75 at the time of the writing. The increase could be attributed to the announcement that the company’s synthetic voice solution supports NVIDIA Omniverse Audio2Face. On Friday, VERI closed the day at $19.60 after slightly declining by 0.46% during the mid-day session. Why VERI on Rise? On Thursday, VERI announced that its MARVEL.ai synthetic voice solution is compatible with Omniverse’s™ Audio2Face of NIVIDA. The Omniverse’s™ Audio2Face is an AI-based technology that causes the generation of facial motion

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PEDEVCO Corp. (PED) Stock had a Robust Thursday, Here’s the Reason

PEDEVCO Corp. (PED), an oil and gas company, is trading at $1.16 in the premarket trading session at the time of the writing. On Thursday, PED surged 5.45% during the regular trading session and closed the day at $1.16. The surge could be attributed to the completion of drilling of two wells. Why PED Surged? On Thursday, PED announced the completion of the drilling of two new horizontal wells in the Permian Basin Asset. The lateral length of each of the wells is landing 100% in the target zone, which is upper San Andre’s zone. The first well, namely State 402H, had