Sam is a trader and one of our lead stock analysts at AskTraders. After starting his career predominantly in the forex markets, Sam now focuses on gold and stocks with a preference for macroeconomic analysis.
Still haven’t seen any concrete news on Biofrontera. If we do see anything we will add it to the updates this evening or tomorrow.
That’s all from me, have a good evening all!
Biofrontera Stock has more than quadrupled in price from $5.60 to where it is now trading at $29.10, over 400% higher.
It had reached as high as $55 per share!
Now, we’ve done some digging and honestly haven’t been able to come up with much of a reason why other than they have filed an SEC form 6-k that foreign private issuers of securities are required to submit.
The purpose of this form is that it is used to relieve the burden of dual reporting for certain non-issuers.
However, I’m not so sure that is the reason for the enormous move, If I found out any more information I will be sure to update you all!
Its pretty green across the board today on the Finviz.com heatmap…
Right, I am back from my break…
Izea Worldwide stock has surged over 30% after the company announced the launch of its Brandgraph Pulse feature for Microsoft Teams.
Currently up 29.58% at $1.84
Riot Blockchain shares are up 24.12%, trading at $4.24.
Yet to see any stock-specific news.
Fiverr Stock has surged after its Q2 earnings report. It is currently trading at $118.97, 14.15% up on the day.
Myos Rens (MYOS) stock surged over 100% higher today…
Here is the story detailing what happened: MYOS STOCK POPS AFTER 114% NET REVENUE INCREASE
Johnson & Johnson is the latest company to clinch a deal with the US government to supply its coronavirus vaccine, with the company agreeing to domestically manufacture and supply 100 million doses of its vaccine candidate once it is approved.
$JNJ shares are currently up 0.7% at $148.25.
IMV shares are up 6.78% at $5.51 after the company announced it has received C$4.75 million funding from the Canadian government for a COVID-19 vaccine phase 1 clinical study.
We had some technical difficulties here, so apologies for the lack of updates, but here’s how the main three US equities are performing so far…
One news point I forgot to mention earlier is the US ADP employment change that comes out at 13:15.
Previous was 2369k, expected to come in at 1550k.
Carnival Corp shares are trading 4.5% higher premarket at $14.36 as investors look to be watching for a rebound in travel demand.
Ironridge resources shares have popped higher after the company reported extremely high-grade drilling results at its Ebilassokro and Ehuasso sites in the Ivory Coast which is part of its Zaranou Gold Project.
Shares are trading at 19.4p, 21.12% higher.
Aston Martin Lagonda PLC shares have moved higher after Deutsche Bank upped its price target from to 45p for the stock.
It is currently trading at 58.85p, 3.24% higher.
Hastings Group Holdings +17%
Morgan Sindall Group +11%
Bank of Ireland +10%
A strong start to the day.
Shares in Hochschild mining have surged 6.71% higher to 296 GBX.
The jump in HOC shares follows moves higher in both gold and silver.
Good morning traders…
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