Top Stocks in the News: SYTA, GTEC, MLGO, TNON, WOOF
DENVER, Colo., Mar 27, 2025 (247marketnews.com)- Siyata Mobile (NASDAQ:SYTA) released a pivotal valuation report from ValueScope, LLC, a Marshall & Stevens company, pegging Core Gaming’s enterprise value at $185.9 million as of November 30, 2024. This blockbuster assessment, tied to Siyata’s planned merger with Core Gaming, announced February 26, 2025, forecasts a meteoric rise, with revenues soaring to $240.8 million by 2027 and a potential enterprise value quickly topping $963 million—a jaw-dropping leap.
Greenland Technologies (NASDAQ:GTEC), a trailblazer in electric industrial vehicles and drivetrain systems, just unveiled its audited fiscal 2024 results, which show net income soaring to $15.15 million for the year ended December 31. The company slashed operating expenses by a hefty 28% year-over-year, flipping earnings per share from a $1.20 loss to a robust $1.03 gain per basic and diluted share.
MicroAlgo’s (NASDAQ:MLGO) rally continues, following Friday’s announcement that it’s set to bolster its balance sheet with a fresh issuance of shares at $0.80 each, as it moves to repay a $20 million convertible bond inked with creditors on October 7, 2024. This strategic step follows a creditor push to convert the 360-day bonds into equity, leveraging terms that peg the conversion price at 70% of the lowest closing market price over the prior 60 trading days—a figure now landing at $0.80 per share.
Tenon Medical (NASDAQ:TNON) is another multiday play, which reported a game-changing milestone on Tuesday, as the FDA cleared an expanded indication for its Catamaran SI Joint Fusion System. Now approved to augment thoracolumbar spinal fusion alongside its stand-alone SI joint treatment role, this breakthrough opens a significant new market lane for Tenon in the $10 billion spinal fusion sector.
Uber Technologies (NYSE:UBER) and Petco (NASDAQ:WOOF) just teamed up to make pet parenting a breeze. Starting today, Petco’s full lineup, from kibble to chew toys, hits the Uber Eats app, covering every store across the contiguous U.S. Now, pet lovers can snag food, treats, and gear for their furry, feathered, or scaly pals with on-demand or scheduled delivery, all at a finger’s tap.
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