February 23, 2024

24/7 Market News Snapshot 7 Feb 2024 (NYSE:GLT), (NASDAQ:HOLO), (NYSE:MRDB), (NASDAQ:SMX), (NASDAQ:GRRR), (NASDAQ:BDRX)

DENVER, Colo., Feb. 7, 2024 (www.247marketnews.com)- The following companies published announcements or are trading higher on higher-than-usual volume; Glatfelter Corp (NYSE:GLT), MicroCloud Hologram (NASDAQ:HOLO), MariaDB PLC (NYSE:MRDB), SMX Security Matters (NASDAQ:SMX), Gorilla Technology Group Inc (NASDAQ:GRRR), Biodexa Pharmaceuticals Plc (NASDAQ:BDRX).               

News

Berry Global and Glatfelter Announce Plans for Tax-Free Spin-Off and Merger of Berry’s Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter, Creating a Global Specialty Materials Leader- Glatfelter (NYSE:GLT) is trading at $2.63 (+105.48%), on 22.5M shares traded.

“Glatfelter is a leading global supplier of engineered materials with a strong focus on innovation and sustainability. The Company’s high-quality, technology-driven, innovative, and customizable nonwovens solutions can be found in products that are Enhancing Everyday Life®. These include personal care and hygiene products, food and beverage filtration, critical cleaning products, medical and personal protection, packaging products, as well as home improvement and industrial applications. Headquartered in Charlotte, NC, the Company’s 2022 revenue was $1.5 billion with approximately 2,980 employees worldwide. Glatfelter’s operations utilize a variety of manufacturing technologies including airlaid, wetlaid and spunlace with fifteen manufacturing sites located in the United States, Canada, Germany, France, Spain, the United Kingdom, and the Philippines. The Company has sales offices in all major geographies serving customers under the Glatfelter and Sontara® brands. Additional information about the Company may be found on our website at www.glatfelter.com or connect with us on LinkedIn.”

MicroCloud Hologram Planned to Join the Communications Industry Association- MicroCloud Hologram (NASDAQ:HOLO) is trading at $3.44 (+129.67%), on 31.4M shares traded.

“MicroCloud Hologram Inc. (“HOLO” or the “Company”), a Technology provider, today announced that it planned to join the Communications Industry Association.

“The Communications Industry Association is a cross-sectoral, cross-regional and cross-ownership national industry organization and non-profit social and economic group. The Association constantly promotes technological innovation, technology export, and industry development in the communications industry, and contributes to the economic development of the communications field. The business unit in charge of the Association is the Ministry of Industry and Information Technology. Under the guidance of the Ministry of Industry and Information Technology, the Association carries out industry management, information exchange, business training, international cooperation, consulting services, etc., with the main objectives of promoting industry technological progress, improving product quality, strengthening economic and technological cooperation between enterprises and institutions, promoting unity, improving the quality of member units and economic benefits, and promoting communication products to meet the ever-increasing global demand and improve competitiveness in the international market.Applied UV, Inc. is dedicated to developing and acquiring smart building technologies for healthcare, hospitality, commercial and municipal markets. With Sterilumen, MunnWorks, LED Supply Co., and PURO, the company has a diverse portfolio that addresses various needs in the market. Applied UV Inc. is committed to innovation and excellence in providing solutions for a healthier and smarter world.”

Gorilla Technology Expands Middle East and Northern Africa Operations as Part of Global Expansion Strategy- Gorilla Tech (NASDAQ:GRRR) is trading at $1.09 (+2.34%), on 4.9M shares traded.

“Gorilla, headquartered in London U.K., is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. Gorilla provides a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education.”

Website: www.Gorilla-Technology.com

Biodexa Announces Allowance of U.S. Patent Covering Tolimidone- Biodexa Pharmaceuticals (NASDAQ:BDRX) is trading at $1.86 (+20.00%), on 5.3M shares traded.

“Biodexa Pharmaceuticals PLC is a clinical stage biopharmaceutical company developing a pipeline of innovative products for the treatment of diseases with unmet medical needs. The Company’s lead development programmes include tolimidone, under development as a novel agent for the treatment of type 1 diabetes and MTX110, which is being studied in aggressive rare/orphan brain cancer indications.”

This morning’s momentum movers include; 

MariaDB (NYSE:MRDB) is trading at $0.3739 (+55.40%), on 19.7M shares traded.

“MariaDB is a new generation database company whose products are used by companies big and small, reaching more than a billion users through Linux distributions and have been downloaded over one billion times. Deployed in minutes and maintained with ease, leveraging cloud automation, MariaDB database products are engineered to support any workload, any cloud and any scale – all while saving up to 90% of proprietary database costs. Trusted by organizations such as Bandwidth, DigiCert, InfoArmor, Oppenheimer and Samsung, MariaDB’s software is the backbone of critical services that people rely on every day. For more information, please visit mariadb.com. “

SMX Security Matters (NASDAQ:SMX) is trading at $0.346 (+48.99%), on 14.7M shares traded.

“SMX is a publicly traded company renowned for its pioneering technology in marking, tracking, measuring, and digital platform integration. SMX’s solutions are designed to support businesses in their transition to a low-carbon economy, offering end-to-end traceability and quality assurance across various sectors.”

CONTACT:

24/7 Market News

[email protected]

24/7 MARKET NEWS, INC Disclaimer

24/7 Market News (24/7MN) is a third-party publisher and online news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ, and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7 MN is not affiliated with any company written about in this release and owns no shares of stock. 24/7MN’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.

The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and based on publicly available information which is believed to be reliable.

Few succeed in the stock market. Don’t trade if you’re not able to devote the necessary time. Earmark your surplus funds that you’re prepared to lose. Assess your risk appetite and set your stops accordingly, and honor your stop losses. Always employ loss limiting strategies. Be prepared to be blindsided by hidden risks, a bad company financing or other move can turn gains into losses.

Learn technical analysis, charting, patterns, and setups. Buying at the bottom and selling at the top is a myth. The middle half of a move is the sweet spot and learn how to exit a winning position, because trying to time the exact top can turn into big losses. Trade small and take advantage of small price move strategies, like scalping.

Remove emotional and psychological biases, and consider that you’re competing against professionals who’re deploying a number of powerful stock market tools. Successful traders make more on their winners than they lose on their losers. Learn how to interpret the ECN/Level 2 data.

The stocks and strategies discussed are simply ideas only and are in no way financial advice or recommendations. The author may or may not at any time be holding securities discussed. The author may or may not enter trades in the stocks mentioned. Some positions in mentioned stocks may already be held or are being adjusted or are simply examples, ideas or discussion topics. You are always trading at your own risk.

Please go to www.247marketnews.com or https://www.247marketnews.com/terms-disclaimer/ for further information.

Connect with 24/7 Market News:

www.247marketnews.com 

https://www.facebook.com/247MarketNewsHQ/

About 24/7 Market News

As a pioneer in digital financial market media, 24/7 Market News (24/7MN) is dedicated to the swift distribution of financial market news and information.  24/7 MN incorporates comprehensive corporate communications resources and tools to engage the investment community.

Cautionary Statement Regarding Forward Looking Information

Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.

CONTACT:
24/7 Market News
[email protected]

Related news for (NYSE:GLT) ( NASDAQ:HOLO) ( NYSE:MRDB) ( NASDAQ:SMX) ( NASDAQ:GRRR)) ( NASDAQ:BDRX)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.