Tilray Inc. (TLRY) jumped 24% earlier this week on news it and Aphria are combining their businesses to become the world’s largest cannabis company. According TLRY’s latest press release, “On a pro forma basis for the last twelve months reported by each company, the Combined Company would have had revenue of C$874 million (US$685 million).” […]
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INSG Stock Gaps Above Resistance
5G stock, Inseego Corporation (INSG) just gapped above triple top resistance to $15.47. The stock, now up 82% since bottoming out at $8.47 in November, could see higher highs with a good deal of catalysts. For one, T-Mobile just made Inseego’s 5G MiFi M2000 its first hotspot. “We are extremely proud to be the trusted […]
BNTX Stock Price Up After FDA Finds Covid-19 Vaccine Effective
Shares of Intec Pharma Ltd. (NTEC) saw a good deal of momentum after announcing a cannabinoid research collaboration with GW Pharma to explore using the Accordion Pill. “We are very excited to collaborate with GW,” said Jeffrey A. Meckler, Vice Chairman and Chief Executive Officer of Intec Pharma, as quoted in a company press release. “Through […]
FATE Stock Price Moves on Positive Results From Lymphoma Medication
FATE has become one of the hottest biotech stocks of the year. Since 2020, FATE’s stock price ran from a low of $18.80 to a recent high of $80.19, good for a return of 327%, as compared to the iShares NASDAQ Biotech ETF (IBB), which is up 25%. On Monday morning, the stock was up […]
BNTX, PFE Stock Price Pushing Higher On Getting Vaccine Clearance From the United Kingdom
BioNTech (BNTX) and Pfizer (PFE) are pushing higher after the U.K. clear their vaccine for first shots next week ahead of the U.S. According to a press release from Pfizer: “The Medicines & Healthcare Products Regulatory Agency (MHRA) in the U.K. has granted a temporary authorization for emergency use for their COVID-19 mRNA vaccine (BNT162b2), […]
LAC Stock Price On The Move With Electric Vehicle Growth
Thanks to an accelerating electric vehicle boom, lithium stocks – like Lithium Americas (LAC) are racing higher. In fact, since Sept. 2020, LAC ran from a low of $7 to $11.52, and could see higher highs on the lithium and electric vehicle (EV) stories. At the moment, the LAC stock price is moving because electric […]
CGC Stock Back to Pre-COVID Price Based On Election Results
New Jersey and Arizona just voted to approve amendments to legalize the use of green for those above the age of 21. Voters in South Dakota approved it for medical use. Voters in Montana voted to legalize, regulate and tax recreational green for adults 21 and older. In addition, investors are speculating that with Joe […]
NIO Stock Price Up 2,045% Since March Bottom. What’s Next?
Nio Inc. (NIO) continues to accelerate on the electric vehicle (EV) boom. Since bottoming out at $2.23 in March 2020, NIO skyrocketed to $51.02 as of the time of this writing – and it appears nothing can slow it down. Helping quite a bit, J.P. Morgan upgraded the NIO stock to a buy from a […]
PFE, BNTX, MRNA Stock Price Up on 95% Effective Vaccine
Pfizer (PFE) and BioNTech (BNTX) just said their vaccine is 95% effective against the virus. That’s up from the 90% results issued on Nov. 9, and follows news from Moderna (MRNA) that its vaccine showed 95% effectiveness, too. “The study results mark an important step in this historic eight-month journey to bring forward a vaccine […]
Zix Corporation (ZIXI) Posts Revenue of $54.8 Million, Topping Estimates
With many people now working from home, the potential for cyberattacks has only increased. That’s where Zix Corporation (ZIXI) has come into play. “Cloud data back-up is a critical component of a secure modern workplace, and we believe it will further improve our standing with current and potential partners as we enable them to navigate […]