MoBot’s Morning

April 5, 2024

DENVER, Colo., Apr 05, 2024 (247marketnews.com)- MoBot, the 24/7MN Momentum Bot, spotted the following listings- Mediaco (NASDAQ:MDIA), GCT Semiconductor Holding Inc. (NYSE:GCTS), and Candel Therapeutics, Inc. (NASDAQ:CADL).

Mediaco (NASDAQ:MDIA) announced that Chris Squire was named the Senior Vice President of Sales and Marketing for HOT 97 and WBLS, on January 2, 2024, and despite that being MDIA’s only news for the year, MoBot reminded everyone to keep an eye on it in this morning’s premarket, which it’s been doing consistently, since first mentioning it when it was trading at $1.082 on Monday.

MoBot liked GCT Semiconductor’s (NYSE:GCTS) Aramco news and spotted the move in the premarket, when it was at $7.241. GCTS reported signing a Memorandum of Understanding to form a strategic collaboration to design and co-develop chipsets and modules tailored for LTE, 5G and the NTN spectrum in order to support the localization of wireless end-user devices and IoT manufacturing throughout Saudi Arabia, including the development of the 4G/5G ecosystem throughout the Kingdom, for both mission-critical and public safety networks.

Candel Therapeutics (NASDAQ:CADL) was MoBot’s big winner, yesterday, after reporting updated interim survival data from the ongoing randomized phase 2 clinical trial of CAN-2409, spotted the move at $2.44 and CADL crossed $11 this morning.

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