24/7 Market News Weekly Wrap 19 Jan 2024
DENVER, Colo., Jan. 19, 2024 (247marketnews.com)- 24/7 Market News covered the following companies today; Mesa Air Group, Inc. (NASDAQ:MESA), Processa Pharmaceuticals, Inc. (NASDAQ:PCSA), BullFrog AI Holdings, Inc. (NASDAQ:BFRG),
We’re still trying to align with our new website’s features, so we picked the right week to
Both of our premarket features traded much better in the premarket than in the regular trading session, despite publishing seemingly fairly significant milestones.
Mesa Air (NASDAQ:MESA) announced that it amended its agreements with United Airlines to significantly improve Mesa’s operating income and liquidity over the next twelve months. We covered Mesa’s news when it was trading at $1.05, up $0.81 (+64.06%), on 5.8M shares traded. Mesa hit a premarket high of $1.39, but failed after hitting $1.25 in the regular session and closed at $0.96, up $0.3199 (+49.98%), on trading volume of 62.1M shares.
Processa Pharmaceuticals, Inc. (NASDAQ:PCSA) stated that it’s expanding the development of NGC-Cap into the treatment of advanced or metastatic breast cancer beginning with its next Phase 2 trial, following Processa’s meeting with the FDA, where the parties reportedly agreed to expand NGC-Cap development into breast cancer providing a more efficient path to approval. Processa Pharmaceuticals was trading at $0.3101, up $0.1081 (+52.76%), on 13.6M shares, when we covered it. It hit $0.3835 in the premarket, then failed after hitting $0.357 and closed at $0.225, up $0.022 (+10.84%), on 52.1M shares traded.
Unfortunately, premarket runners failing in the regular session were the norm for the week.
However, our premarket coverage for the week started, on Wednesday, with BullFrog AI Holdings (NASDAQ:BFRG), which reported early findings from its LIBD collaboration, when it was trading at $3.12, up $0.48 (+18.18%), on 3.7M shares traded. We reminded our Daily Wrap readers to keep it on their trading screens and today it hit $5.27, and closed at $4.89, up $1.00 (+25.71%), on 38M shares traded.
In addition to BullFrog AI, you may want to keep an eye on the following listings that we covered this week, Alvotech (NASDAQ:ALVO), Pinstripes Holdings (NYSE:PNST), Gamida Cell (NASDAQ:GMDA), SmartRent (NYSE:SMRT), MacroGenics Inc (NASDAQ:MGNX), Surgepays (NASDAQ:SURG), Edgewise Therapeutics (NASDAC: EWTX), Purecycle Technologies (NASDAQ:PCT), Phunware Inc (NASDAQ:PHUN), and Dada Nexus (NASDAQ:DADA).
Have a great weekend and we’ll see you next week.
CONTACT:
24/7 Market News
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 247marketnews.com or https://247marketnews.com/terms-disclaimer/ for further information.
Connect with 24/7 Market News:
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.