Stock Region Penny Picks
Stock Region Penny Picks Watchlist Newsletter - Your curated watchlist for Thursday, June 6, 2025.
Stock Region Penny Picks Watchlist Newsletter - Your curated watchlist for Thursday, June 6, 2025
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$PHIO - Phio Pharmaceuticals
HC Wainwright & Co. has assumed coverage of Phio Pharma, assigning a "Buy" rating and a price target of $14. With the stock currently trading at $2.65, this could signal strong growth potential.
$SLNH - Soluna Holdings
Soluna provided its monthly business update, revealing that customer deployments have started at Project Dorothy 2: Phase 1. Additionally, Project Sophie has reached a record 1.0 EH/s, showing significant progress in its operations.
$ZENA - ZenaTech
ZenaTech announced the launch of its "Drone as a Service" (DaaS) solution, targeting U.S. defense and government agencies. New partnerships are expected to strengthen this service, presenting growth opportunities in the government contracting sector.
$ZJK - ZJK Industrial Co., Ltd.
ZJK has ramped up production to support Nvidia's B40 Project, predicting substantial year-over-year revenue growth. This partnership could position the company for significant market gains.
$SCNI - Scinai Immunotherapeutics
Scinai has received clearance from the Italian government under the Golden Power Regulation for the potential acquisition of Pincell S.r.l., which could open doors to new growth strategies in the biotech sector.
$GLYC - GlycoMimetics
GlycoMimetics stockholders have approved the proposed merger with Crescent Biopharma. All related proposals passed successfully, marking a pivotal moment in the two companies' strategies.
$MNTS - Momentus Inc.
Momentus entered into a $1.5M loan agreement with J.J. Astor & Co. on May 30, 2025. The funds are structured in two tranches of $750,000, with repayment options available in cash or Class A common stock. This move provides financial flexibility to the company as it continues its operations.
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