Stocks to Watch- MNTS, GRRR, SYTA, MGOL

February 10, 2025

DENVER, Colo., Feb 10, 2025 (247marketnews.com)- 24/7 Market News, a trusted source for real-time financial news and market analysis, highlights today’s stocks to watch and breaking developments shaping the financial landscape.

Momentus (NASDAQ:MNTS) stated that it was awarded a contract expansion by the U.S. Department of Defense. Momentus will conduct an in-orbit demonstration of the assembly of large-scale structures for the Defense Advanced Research Projects Agency (DARPA).

Following the contract expansion announcement, Momentus announced a $5 million At-The-Market (ATM). The ATM purchase and sale of 1,273,886 shares of its common stock and warrants to purchase up to 1,273,886 shares of common stock at a combined purchase price of $3.925.

Siyata Mobile (NASDAQ:SYTA) appears to be squeezing, after this morning’s soft open. The squeeze may accelerate as its CEO stated that Siyata’s upcoming press conference should “reveal the most significant development in the company’s history.” Siyata is entering a transformative phase and this development marks the culmination of months of strategic negotiations and execution. All shareholders are strongly encouraged to attend to appreciate the significant implications for 2025.

Gorilla Technology (NASDAQ:GRRR) also appears to be squeezing following is pullback from its 52-week high of $25.8799. Today, Gorilla reported that it closed its ATM funding. Jay Chandan, Gorilla’s Chairman and CEO, commented, “We made a commitment to our shareholders that we would not dilute and we are standing by that promise. By closing our ATM program, we are ensuring that shareholder value remains protected while reinforcing our position as a disciplined and strategic company. Our focus remains on strong execution, revenue expansion and delivering long-term value to our investors.”

MGO Global (NASDAQ:MGOL) is squeezing hard, following its drop to its 52-week low of 10 cents. It’s in a very interesting spot, as it looks like it should refill the gap to nearly $1, where it last traded December 10.

Additional 24/7 Market News Siyata disclosure

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