24/7 Market News Weekly Wrap 23 Jan 2024
DENVER, Colo., Jan. 23, 2024 (247marketnews.com)- 24/7 Market News covered the following companies today; Phunware Inc (NASDAQ:PHUN), Plug Power Inc (NASDAQ:PLUG), Solid Power (NASDAQ:SLDP), Rumble Inc (NASDAQ:RUM), Rail Vision (NASDAQ:RVSN), and Nuvve Holding (NASDAQ:NVVE).
Today was the best trading day of this young year, as it seemed like everything that we covered traded well, with many of them setup for a nice potential follow-up tomorrow.
Rail Vision (NASDAQ:RVSN) was the big mover today, hitting a high of $9.235 and closing at $6.65, up $4.40 (+195.56%), on 107.4M shares traded. We started covering its recent move, after it announced European Union railway approval, last week, and again, this morning, when it was trading at $3.54, up $1.29 (+57.31%), on 9.8M shares traded.
FaZe Holdings (NASDAQ:FAZE) was trading at $0.219 up $0.0645 (+41.75%), on 36.4M shares traded, when we covered that FaZe Clan and Rollbit announced a multi-million-dollar esports sponsorship deal. Faze hit a high of 56-cents, but lost much of its gains to close at $0.32 $0.1655 (+107.12%), on trading volume of 291.7M shares.
Plug Power (NASDAQ:PLUG) was trading at $3.38 up $0.54 (+18.95%), on 26M shares traded, when we first covered the news that it started production of liquid green hydrogen at its Georgia plant. It hit a high of $3.82 and closed at $3.72 (+30.99%), on 158.7M shares traded.
Rumble (NASDAQ:RUM) announced the public launch of Rumble Studio when it was trading at $5.62 up $0.73 (+14.93%), on 15.5M shares traded. Rumble hit a high of $7.0199, before closing at $6.50, up $1.61 (+32.92%), on 89.8M shares traded.
Outlook Therapeutics (NASDAQ:OTLK) stated that it received FDA agreement under special Protocol Assessment (SPA) for 90-day non-inferiority study, NORSE EIGHT, an up to $172 million private placement to advance ONS-5010, which we covered when it was trading at $0.401 up $0.06 (+17.79%), on 15.1M shares traded. it closed at $0.4438, up $0.1038 (+30.53%), on27.8M shares traded, with a $0.4561 high of the day.
Solid Power (NASDAQ:SLDP) made a nice move on the news that it authorized a $50 million share repurchase, which we covered when it was trading at $1.31 up $0.14 (+11.86%), on 1.6M shares traded. It hit a high of $1.565 and closed at $1.49, up $0.32 (+27.35%), on 17.3M shares traded.
Nuvve Holding (NASDAQ:NVVE) announced that it won a $16M project for Fresno Economic Opportunities Commission’s 50-shuttle fleet, which we covered when it was trading at $4.25 up $1.27 (+42.62%), on 5.6M shares traded. About an hour later it $7.27 and closed at $5.52, up $2.54 (+85.23%), on 15.5M shares traded.
In addition to many of these, I expect almost everything that we covered today to follow-up tomorrow morning, so our watchlist stocks is basically everything that we covered today.
Have a great evening and we’ll see you tomorrow.
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