4 Stocks to Watch
DENVER, Colo., Dec. 11, 2023 (247marketnews.com)- Companies mentioned include Macy’s Inc (NYSE:M), Siyata Mobile (NASDAQ:SYTA), Assure Holdings Corp (NASDAQ:IONM), and Poseida Therapeutics, Inc. (NASDAQ:PSTX).
Macy’s Inc (NYSE:M) is trading above $20, following a WSJ report that an investor group is interested in offering $5.8 billion to buyout the department store private for $21 per share and take it private.
Value investors may consider Siyata Mobile (NASDAQ:SYTA), which received a $900,000 order for the Company’s UV350 In-Vehicle device and its PTT rugged handsets, more than double its current market cap. Last week, Siyata hit a high of $4.93 and traded nearly one million shares, representing almost twice the number of shares in the float. That was the first pop following its reverse split and in this hot post-split market, it would be a huge surprise for it not to make a larger pop.
Volume traders should keep an eye on Assure Holdings Corp (NASDAQ:IONM), which is at 15 million premarket shares traded, representing its second most active trading volume day of the year and it has a real chance at setting a new 52-week trading volume high.
Poseida Therapeutics, Inc. (NASDAQ:PSTX) reported, Sunday evening, early efficacy and safety results from its Phase 1 study of P-BCMA-ALLO1, its BCMA-targeted allogeneic, T stem cell memory (TSCM)-rich chimeric antigen receptor (CAR)-T therapy candidate, which Poseida is investigating in partnership with Roche for the treatment of relapsed/refractory multiple myeloma (RRMM).
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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.