Stock Region Penny Picks
Stock Region Penny Picks Newsletter: Thursday, October 17th, 2024.
Stock Region Penny Picks Newsletter: Thursday, October 17th, 2024
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Disclaimer: The information provided in this newsletter is for informational purposes only and should not be considered as investment advice. Please conduct your own research or consult with a professional advisor before making any investment decisions.
$RIME - SemiCab
SemiCab has secured a contract with Apollo Tyres, a major global tire manufacturer with a $3 billion valuation, to initiate a new commercial pilot in India.
$ZVSA - ZyVersa Therapeutics
CEO Stephen C. Glover has communicated with shareholders about the company's strategic plans to develop the inflammasome ASC inhibitor IC 100 for obesity-related treatments. The development is projected over the next nine months, highlighting ZyVersa's commitment to addressing critical health challenges.
$PIXY - ShiftPixy, Inc.
ShiftPixy has announced the acquisition of TurboScale, which is expected to enhance its service offerings and operational efficiency. This acquisition is poised to strengthen ShiftPixy's position in the market.
$TNXP - Tonix Pharmaceuticals
Tonix Pharmaceuticals has received its first payment from the U.S. Department of Defense to accelerate the development of broad-spectrum antivirals. This project, in collaboration with the Defense Threat Reduction Agency, aims to bolster national defense capabilities.
$WINT - Windtree Therapeutics
Windtree has expanded its patent portfolio with the issuance of a new Istaroxime patent in Japan.
$AVDL - Avadel Pharmaceuticals
Avadel Pharmaceuticals has received FDA approval for LUMRYZ™ (sodium oxybate) extended-release oral suspension, designed to treat cataplexy or excessive daytime sleepiness in narcolepsy patients aged 7 and older.
$PHUN - Phunware, Inc.
HC Wainwright & Co. has maintained a buy rating on Phunware and raised the price target to $9. Currently trading at $7.11, Phunware is positioned for potential growth as indicated by this updated target.
$ORIS - Oriental Rise Holding Limited
Oriental Rise Holding Limited, an integrated supplier of tea products in China, went public with an IPO today. The stock experienced a 5.61% increase, reflecting investor interest. The company operates tea gardens in Zherong County, offering a vertically integrated business model.
$TNON - Tenon Medical
Tenon Medical has announced the issuance of three new U.S. patents, reinforcing its commitment to innovation and securing its technological advancements in the medical field.
Disclaimer: Stock performance and company announcements are subject to change. Stock Region does not guarantee the accuracy of the information provided and disclaims any liability for investment decisions made based on this newsletter.
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