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Stock Region Watchlist Newsletter - Monday, December 9, 2024.
Stock Region Watchlist Newsletter - Monday, December 9, 2024
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Disclaimer: The information contained in this newsletter is for educational and informational purposes only. It is not financial advice or a recommendation to buy, sell, or hold any stock. Always conduct your own research or consult a financial professional before making investment decisions.
What’s Moving Today?
$CETX - Cemtrex
Cemtrex's Advanced Industrial Services division has secured two contracts worth $6.7 million from Derry Township Municipal Authority. These contracts underscore Cemtrex’s expanding industrial services capabilities.
$MCRB - Seres Therapeutics
Big news for Seres Therapeutics as the FDA grants Breakthrough Therapy Designation to its SER-155 for reducing bloodstream infections in adults undergoing allogeneic hematopoietic stem cell transplant (allo-HSCT). The stock currently trades at $0.85.
$LDTC - LeddarTech
LeddarTech announces a partnership with Texas Instruments aimed at advancing driver assistance systems and solutions for autonomous vehicles—a noteworthy collaboration for tech innovation in automotive safety.
$GRRR - Gorilla Technology
Gorilla Technology launches its self-branded AI GPUs, thanks to an exciting partnership with Edgecore Networks. This could position the company as a formidable player in AI hardware. The stock is trading at $7.11.
$GWAV - Greenwave Technology Solutions
Greenwave has been awarded a contract valued between $15 and $35 million with Core Tree Care for hurricane recovery services tied to Hurricane Helene. Shares are currently trading at $0.86.
$TAOP - Taoping
Expanding its horizons, Taoping signs a non-binding letter of intent to acquire Yunti. This potential acquisition could significantly boost annual revenue and broaden the company’s addressable market.
$SONN - Sonnet BioTherapeutics
Sonnet announces positive topline safety data from its Phase 1 SB101 trial for SON-1010 monotherapy. This is an encouraging milestone for the biotech company after successful dose escalation. Shares are priced at $2.46.
$FRGT - Freight Technologies
Freight Technologies gains a significant client, Nestlé Mexico, for domestic logistics services. This partnership could potentially enhance revenue streams. The stock trades at $1.96.
$AMZN - Amazon
Roth MKM has adjusted Amazon’s price target upward to $250, signaling confidence in the e-commerce giant’s growth trajectory.
$TSLA - Tesla
Bank of America raises Tesla’s price target to $400 from $350. This adjustment comes after a visit to Tesla’s Texas gigafactory and insights into its Full Self-Driving program.
$GELS - Gelesis Holdings
Co-Founders of Gelesis, Nathan Givoni and Simon Szewach, will attend the Benchmark Company 13th Annual Discovery Investor Conference in New York City on December 11, 2024.
$CMRX - Chimerix
Chimerix plans to submit Dordaviprone for accelerated FDA approval by year-end for patients with recurrent H3 K27M-mutant diffuse glioma. This news underscores Chimerix's push toward innovation in cancer treatment.
Disclaimer: Please note that stock prices and market conditions can change rapidly. The details provided here are accurate at the time of publication but may not reflect real-time market movements. Investing involves risks, and readers should act carefully.
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