March 4, 2024

24/7 Market News weekly Welcome back

(24/7 Market News) It looks like a lot of the listings that we covered last week may follow through this week. 

(24/7 Market News) It looks like a lot of the listings that we covered last week may follow through this week. 

This morning’s action is all about biotech and pharma, SIGA Technologies Inc (NASDAQ:SIGA) at $14.53, up $2.13 (+17.22%) on over 9 million shares, and Catalyst Biosciences Inc (NASDAQ:CBIO) up 60 cents (+160.00%), $0.988.

GeoVax Labs (NASDAQ:GOVX) is another; its price, volume, and trading action caught our attention early during last Friday’s session and it’s following through this morning’s premarket action at $1.61, $0.51 higher (+36.69%), on over 14 million shares.

Redbox Entertainment Inc. (NASDAQ:RDBX) closed out last week on a strong note, after starting the week flat, and it’s flat in this morning premarket, at $5.34, up 2 cents (-0.38%), on more than 500,000 shares. Traders should be looking to see if its big up and down swings continue.

Insider buys placed SoFi Technologies (NASDAQ:SOFI) and Applied Blockchain (NASDAQ:APLD) on our screens, as Applied Blockchain’s Wes Cummins, CEO and Chairman, and Virginia Moore, Director, added to their respective positions, and Anthony Noto, SoFi’s Chief Executive Officer, added 13,500 SoFi shares to his position. However, neither is very active in this morn’s premarket trading.

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