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Stocks
Where is Doximity Inc. (NYSE: DOCS) stock headed?
June 25, 2021 09:58 AM PDT| By Team Kalkine MediaSummary The California-based Doximity, Inc. launched its platform in 2012. The stock jumped 104% on the IPO opening day to close at US$53. Its revenue has been growing for the last three consecutive fiscal years and has more than 1.8 million m.....
Three upcoming tech stocks to explore on NASDAQ
June 24, 2021 07:22 PM PDT| By Team Kalkine MediaSummary Couchbase, Inc. (BASE) was ranked No. 1 in the 2020 Workplace Wellness Awards for mid-sized companies planning for IPO. EverCommerce Inc. booked revenue of US$ 337.5 million for the fiscal year ended December 31, 2020, up 39.4% fr.....
Which are the major financial stocks in the US?
June 24, 2021 03:55 PM PDT| By Kiran MuraliThe financial sector comprises a wide variety of companies, including those involved in banking, asset management, insurance, and other financial services. This sector represents 8.73 percent of the S&P 500 Index’s total market capitalizati...
BuzzFeed eyes US$1.5bn-valuation after SPAC deal
June 24, 2021 12:19 PM PDT| By Team Kalkine MediaNews, media, and entertainment company BuzzFeed Inc. has said that it is in talks for a stock listing via a SPAC merger. BuzzFeed expects a valuation of US$1.5 billion after the merger with 890 fifth Avenue Partners Inc., the company said on Thurs.....
Penn National (PENN) stock up on US$400 mn unsecured notes offering
June 24, 2021 11:25 AM PDT| By Team Kalkine MediaSummary Penn National to offer US$400 million senior unsecured notes in private bidding. The company expects increased revenue in the current quarter ending on June 30. The PENN stock gained 130% in the past year. The stock of Penn Nation.....
Entera Bio (NASDAQ: ENTX) stock trends after positive bone drug test
June 24, 2021 10:07 AM PDT| By Team Kalkine MediaSummary ENTX jumped 44% on June 23 after the announcement of its positive phase 2 test results for osteoporosis drug EB613. The biopharmaceutical company has a market cap of US$118.5 million. Entera Bio’s stock price skyrocketed by 404% .....
Why did Marin Software (MRIN) surge 86% today?
June 24, 2021 09:48 AM PDT| By Team Kalkine MediaSummary Marin Software jumped 86.55% to US$3.19 at 9:34 am ET on June 24. MRIN joined hands with Instacart to provide MarinOne services on its platform. Marin’s cash and cash equivalents were US$15.2 million in the March quarter. Th.....
GTT Communication (GTT) stock is rallying. A bounce back on cards?
June 24, 2021 07:27 AM PDT| By Kiran MuraliGTT Communications, Inc. (NYSE: GTT) stock jumped more than 25 percent on Thursday’s pre-market trading and continues its rally after the markets opened. The stock’s value more than doubled this month. However, the share price is down .....
5 junior pot stocks to explore as marijuana gets more support in US
June 23, 2021 05:10 PM PDT| By Team Kalkine MediaSummary KushCo (KSHB) expects 21%-26% higher revenue in the current quarter. MassRoot Inc. (MSRT) plans a listing on NASDAQ or NYSE. Corbus’ (CRBP) Lenabasum drug may earn handsome revenue after approved. Cannabis or pot stocks are .....
Which are the top utility stocks on Wall Street?
June 23, 2021 03:45 PM PDT| By Kiran MuraliUtility companies provide electricity, natural gas, water, and other basic amenities to people. Therefore, investors usually prefer to have utility stocks in their portfolio as long-term investments that can give a stable return over time. Here, we...
Why is Western Sierra Resource (WSRC) stock trending?
June 23, 2021 12:35 PM PDT| By Kiran MuraliSummary The natural resource development company’s stock skyrocketed 841 percent on Tuesday. Western Sierra is in talks to buy 70 percent common stock of Silver State Mining Group. The stock is currently up 1694 percent year to date. .....
Warby Parker IPO: Eyewear company files for confidential US listing
June 23, 2021 12:32 PM PDT| By Team Kalkine MediaEyewear retailer Warby Parker has confidentially filed for stock market listing with the Securities and Exchange Commission on June 22, the company said. The prescription eyewear company was founded in 2010. Wharton University graduates Jeffrey Ra.....
Why is Globalstar Inc. (GSAT) trading high?
June 23, 2021 11:56 AM PDT| By Team Kalkine MediaSummary Globalstar Inc. (GSAT) has surged around 44% in the last five days. Mid-cap GSAT is trading in high volume for the past two days, possibly due to the Reddit WallStreetBets forum. Cash and Cash equivalent has grown almost 228% QoQ at th.....
3D Systems (DDD) stocks trend after CollPlant (CLGN) deal
June 23, 2021 11:33 AM PDT| By Team Kalkine MediaSummary 3D Systems to develop 3D soft tissue matrix for breast reconstruction procedures. The stock of 3D Systems gained 249% YTD. It reported revenue of US$146.1 million in Q1 of 2021. The stock of 3D Systems (NYSE: DDD) was trending aft.....
Five monthly dividend stocks to explore post-pandemic
June 22, 2021 05:49 PM PDT| By Team Kalkine MediaSummary Stag Industrial (STAG) has growing since its inception; it has a dividend yield of 3.81%. Reality Income (O) is a dividend aristocrat; it has been paying dividend for past 25 years. Gladstone (GAIN) stock gained 102% in the last 10 yea.....
Top energy stocks to explore before oil hits US$100
June 22, 2021 04:53 PM PDT| By Team Kalkine MediaSummary ConocoPhillips (NYSE: COP) reported earnings of US$1.0 billion, or $0.75 per share, in Q1 ended March 31. Equitrans Midstream Corporation (NYSE: ETRN) has a market capitalization of US$3.8 billion. Devon Energy Corp. (NYSE: DVN) report.....
Three healthcare penny stocks to explore
June 22, 2021 11:02 AM PDT| By Team Kalkine MediaSummary CLSD stock price rose around 41% year-to-date to close at US$4.51 on June 21, 2021. ADIL to the enter gene-testing market after approval from the US patent office. The stock was trading at US$3.18, up 10.80%, at 11:27 am ET on June 22. .....
AEI real estate stock: Why Alset Ehome-Tesla deal is a gamechanger?
June 22, 2021 10:17 AM PDT| By Team Kalkine MediaSummary Alset Ehome (AEI) has partnered with Tesla Inc. (Tesla) to provide sustainable energy products to Ehome buyers. The company plans to deliver 100 environment-friendly homes in 2021. The stock price jumped around 25% on the day of the an.....
10 pipeline stocks to explore this summer
June 22, 2021 09:42 AM PDT| By Team Kalkine MediaSummary Pipeline stocks gain as the world economy rebounds from the pandemic slump. EnLink Midstream (NYSE: ENLC) logs a net income of US$12.6 million in Q1 of 2021. Sprague Resources’ (NYSE: SRLP) net income rises to US$48.8 million fro.....
Why Torchlight Energy (TRCH) stock jumped 65 percent?
June 21, 2021 03:20 PM PDT| By Kiran MuraliSummary Torchlight Energy was the most trending stock on social media platform StockTwits on Monday. The oil and gas company has extended the completion of its merger with Metamaterial to June 30. The stock, which gained 16 percent on Friday, .....
