This morning DOW has shed over 100 points and it looks like October will be no different than the volatile September. A surge in rates to end September knocked highly valued tech stocks. The 10-year Treasury yield was higher Monday, trading around 1.49%. Let’s take a look at some of the stocks that could very well be the talk of the Wallstreet for this week.
One of the most dramatic examples of the sudden dominant interest of retail market participants is the massive short squeezes we are seeing in stocks such as GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC). This scenario – a raging bull market that casts advantages upon new technology services for market participants – forms the context of the opportunity we highlight here today: Blackboxstocks, Inc (OTCMKTS:BLBX). That’s one of the reasons why a recent analyst research report (see here) gave this stock a $10/share price target.
CohBar, Inc. CWBR rose 22.8% to $1.13 in pre-market trading after dropping over 4% on Friday. Farmmi, Inc.. FAMI rose 13% to $0.3995 in pre-market trading after dipping over 23% on Friday. Farmmi recently issued an update letter, in which it announced the acquisition of Xiangbo for RMB70 million.
Sonnet BioTherapeutics Holdings, Inc. SONN rose 11.6% to $0.7240 in pre-market trading after gaining over 7% on Friday.
4D pharma plc LBPS +0% rose 11.1% to $6.91 in pre-market trading. Jasper Therapeutics, Inc. JSPR rose 10.9% to $10.38 in pre-market trading. Amgen reported a stake of 2.7 million shares in Jasper Therapeutics in a 13G filing on Friday.
OpGen, Inc. OPGN 10.9% to $3.06 in pre-market trading after declining 4% on Friday. OpGen recently initiated clinical trial for Unyvero Urinary Tract Infection Panel. Arqit Quantum Inc.. ARQQ rose 9.2% to $19.99 in pre-market trading after declining around 9% on Friday.
ENGlobal Corporation ENG rose 8.2% to $3.44 in pre-market trading after climbing 19% on Friday. The OLB Group, Inc. OLB rose 8% to $4.34 in pre-market trading. OLB Group Subsidiary DMint, last month, ordered first batch of miners for cryptocurrency.
Adverum Biotechnologies, Inc. ADVM shares rose 7.8% to $2.35 in pre-market trading. Scopus BioPharma Inc. SCPS rose 7.3% to $4.40 in pre-market trading. Scopus BioPharma’s Duet Therapeutics recently announced the release of preclinical data being presented at 17th Annual Meeting of Oligonucleotide Therapeutics Society.
HIVE Blockchain Technologies Ltd. HIVE rose 6.8% to $2.97 in pre-market trading. The company recently reported FY21 earnings results. Ebang International Holdings Inc. EBON rose 4.7% to $2.01 in pre-market trading. Ebang International reported the first-half FY21 net revenue growth of 65.7% year-on-year to $18.3 million.
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