QualityStocksNewsBreaks Archives - Page 291 of 1584

WednesdayJul 10, 2024 10:30 am

QualityStocksNewsBreaks – PayPal Holdings Inc. (NASDAQ: PYPL) Stock Performance and Outlook

PayPal Holdings (NASDAQ: PYPL), a leading digital payments platform, has been experiencing a period of stagnation in its stock performance, contrasting sharply with the broader market’s gains, particularly the S&P 500’s climb to new highs. This stagnation comes despite the company’s reported increase in transaction volume, a key indicator of its operational health and potential for revenue growth. PayPal’s ability to generate significant free cash flow (“FCF”) from this increased transaction activity is a critical factor that could drive its stock performance in the near future. The company’s stock has seen a nearly 3% decline this year and an 11% drop over the past twelve months,…

TuesdayJul 09, 2024 2:53 pm

QualityStocksNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Subsidiary Debuts Emergency Response Management Platform

FingerMotion (NASDAQ: FNGR), a mobile services and data company, through its contractually controlled subsidiary, Shanghai JuiGe Information Technology Co. Ltd. is offering advanced solutions for nationwide emergency response management. According to the announcement, the company is developing solutions specifically for collaboration with dispatchers, first responders and healthcare agencies during emergency situations in China. Furthermore, the company has received an initial order for the solution, the Advanced Mobile Integrated Command and Communication Platform, which will be installed in vehicles and apparatuses connected to the China’s civil emergency crisis program. Company officials noted that this first contract reflected the trust that industry…

TuesdayJul 09, 2024 2:26 pm

QualityStocksNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Completes Dosing in Second GLP-1 Human Pilot Study

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced that human pilot study #2, GLP-1-H24-2, has now completed all dosing. The final DehydraTECH study arm used a Rybelsus(R) composition processed with DehydraTECH that is compliant with the FDA’s Inactive Ingredient Database (“FDA IID”), delivered within an in-mouth dissolvable tablet. According to the announcement, this will be the first study designed to investigate whether DehydraTECH-enhanced semaglutide can absorb at any level systemically through the sublingual/buccal tissues of the mouth and throat with fewer side effects than from swallowed administration, and with some effective drug delivery into…

TuesdayJul 09, 2024 1:32 pm

QualityStocksNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Approximately $825K Vehicle Order for B4 EV Chassis Cabs

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has reached an agreement to sell five all-electric Class 4 Bollinger B4 commercial trucks to Spencer Manufacturing, which will upfit the vehicles into fire rescue trucks. The vehicle order from Spencer Manufacturing, a specialty upfitter of rescue vehicles and fire trucks, including ladder, pumper, tanker, and grass/wildland trucks, is valued at approximately $825,000. “We are excited to work with Spencer Manufacturing to use the Bollinger B4 to keep communities safe,” said Jim Connelly, chief revenue officer for Bollinger Motors. “Durability, reliability and outstanding performance…

TuesdayJul 09, 2024 10:45 am

QualityStocksNewsBreaks – Clene Inc. (NASDAQ: CLNN) to Effect 1-for-20 Reverse Stock Split

Clene (NASDAQ: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., a clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, today announced that it will effect a 1-for-20 reverse stock split at 12:01 a.m. ET on July 11, 2024. According to the announcement, Clene’s common stock will trade on the Nasdaq Capital Market on a split-adjusted basis under a new CUSIP number 185634201 and the company’s existing symbol CLNN at the beginning of trading on July 11. The reverse stock split, for which Equiniti Trust Company LLC…

MondayJul 08, 2024 1:28 pm

QualityStocksNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Announces Second Quarter Production, Deliveries, Schedules Release of Q2 2024 Results, Conference Call

Lucid Group (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, today announced production and delivery totals for the quarter ended June 30, 2024. Lucid produced 2,110 vehicles and delivered 2,394 vehicles during this period, for which it will soon release its net income and cash flow results along with the rest of its financial performance. Lucid vehicle production and delivery numbers represent only one measure of the company’s operating performance and should not be relied on as sole indicators of quarterly financial results, which depend on a variety of factors. The company will host a conference call to…

FridayJul 05, 2024 2:54 pm

QualityStocksNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Enters Securities Purchase Agreements Worth Estimated $1.98M

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, has entered into securities purchase agreements with health-care focused institutional investors. The agreements, which are for the purchase and sale of 1,425,000 shares of common stock, are comprised of a registered direct offering and warrants. The offering and warrants are to purchase up to 1,425,000 shares of common stock in a concurrent private placement at a combined purchase price of $1.39 per share. The offering is expected to close today, subject to customary closing…

WednesdayJul 03, 2024 12:00 pm

QualityStocksNewsBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Empowering Behavioral Health Providers to Enhance Protocols

SOBR Safe (NASDAQ: SOBR) (“SOBRsafe”), a provider of next-generation transdermal alcohol detection solutions, recently signed a hardware/software agreement with a four-facility behavioral health provider based in Florida. “The customer provides the full continuum of care, from inpatient detox and residential treatment to outpatient services, and has now installed SOBRcheck(TM) in each of its four facilities to enable point-of-care screening. The customer is also evaluating SOBRsafe’s wearable band, SOBRsure(TM), for continuous monitoring in an outpatient application. The new client is one of sixteen new accounts that SOBRsafe, secured during the first quarter of 2024,” a recent article reads. “With SOBRcheck, the…

WednesdayJul 03, 2024 11:30 am

QualityStocksNewsBreaks – Btab Ecommerce Group Inc. (BBTT) Looking to Accelerate Growth, Address Unmet Needs of Market

Btab Ecommerce Group (OTC: BBTT), a next-generation e-commerce company with significant social impact, marked a major milestone in its growth trajectory with the recent entry into a business combination agreement (“BCA”) with Integrated Wellness Acquisition (NYSE: WEL), a special purpose acquisition company. The transaction, which is set to close by the end of Q4 2024, values Btab at an equity value of $250 million. “Btab is dedicated to providing comprehensive e-commerce solutions tailored to the needs of small business owners. Its platforms, including Btab Commerce and Marketplace Deals, empower entrepreneurs to focus on growth without the complexities of e-commerce operations.…

WednesdayJul 03, 2024 9:58 am

QualityStocksNewsBreaks – Torr Metals Inc. (TSXV: TMET) Receives Exploration Permit to Drill on Filion Gold Project

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, has received a three-year exploration permit from the Ontario government. According to the announcement, the permit allows the company to drill on its 100% owned 261-kilometer Filion Gold Project. The project was acquired through staking on Oct. 26, 2023, and has undergone testing that showed historical results, including rock grab samples that assayed 9.1 g/t gold and channel sampling that reportedly yielded 91.4 g/t gold over 0.3 meters. The property, which is located about 30 kilometers from Kapuskasing, has direct road access…

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