The Daily Trading News

Monday, July 19, 2021

New Oriental Education & Technology Group Inc. (EDU) Stock – Trader Intervention Could Be Needed – BOV News

HSBC Securities lowered its target price on the shares of New Oriental Education & Technology Group Inc. (NYSE: EDU) from “a Buy” to “a Hold”. The rating was published on June 18, 2021. The stock was resumed by CLSA, which announced in a research note on April 15, 2021, to outperform and set its price target at $ 18.70. In their research brief published on September 2nd, 2020, the analysts at Jefferies prompted a buy of the shares of New Oriental Education & Technology Group Inc. with a price target of USD 175.

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The latest trades, performances and moving averages give us the following picture

New Oriental Education & Technology Group Inc. (NYSE: EDU) stock price fell -5.56%, closing Friday’s market session at $ 6.46, lower than yesterday’s closing price. The share price fluctuated between $ 6.36 and $ 6.69 throughout the trading session, with the trading volume being 31,472,805 shares, a significant deviation from the three-month average of 32.83 million shares. The company’s share price fluctuated -2.12% in the last five trades and -22.82% in the last 30 trades, a marked change from the beginning of this year. Despite the fact that the stock price has dropped -63.32% in the last 6 months and -56.96% has been subtracted from its value in the last 3 months. EDU stock trades at -14.16%, -33.25%, and -57.03% margins, barring the 20-day, 50-day, and 200-day Simple Moving Average prices .

At the close of trading, EDU is trading in the Consumer Defensive segment. The stock is trading -67.66 percent below its 52-week high and 5.90 percent above its 52-week low. For example, if you look at both the price and the 52 week highs and lows, you can get a clearer picture of which direction the price is headed. The company’s weighted alpha is -65.83. A positive weighted alpha indicates that the company did well over the year, while a value below 0 indicates that the company did poorly.

What do New Oriental Education & Technology Group Inc. profitability and valuation metrics tell us about the stock?

In terms of the company’s profitability, the operating margin is currently 6.00 percent, the profit margin is 10.20 percent, and the company has a gross margin of 52.10 percent. Profit margin, also known as the sales ratio or gross profit ratio, is an efficiency measure used to estimate the profitability of the company by comparing net profit and sales. The higher the number, the more profits are generated for the company and vice versa.

The market capitalization of the stock reached a total value of 11.73 billion US dollars in the last trading session. Market capitalization is the total value of all shares outstanding in a company and is used to measure a company’s market value. The New Oriental Education & Technology Group Inc. (NYSE: EDU) price / earnings ratio is 26.92. The price / earnings ratio is a method of evaluating company values by comparing it to its earnings per share. The forward P / E ratio stands at 15.57. The forward price / earnings ratio is calculated using the forecast earnings for determining the P / E for the next financial year. The stock has achieved an effective price to sales ratio of 3.04, which is the cost of selling the market. The company achieved a price-to-book ratio of 2.22, which equates the market value of a stock to its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in stocks that are controlled by the management of a corporation, as a management company is more likely to run the business itself and never do things against the wishes of the management and will always try to do what is best for them do shareholders. Currently, 0.20 percent of the shares in New Oriental Education & Technology Group Inc. are owned by insiders and 86.10 percent by financial institutions.

>> 7 top picks for the post-pandemic economy

source https://thedailytradingnews.com/new-oriental-education-technology-group-inc-edu-stock-trader-intervention-could-be-needed-bov-news/

Popular Penny Stocks to Buy in 2021? Here’s 4 You Should Know About

4 Popular Penny Stocks To Watch Out For In July 2021

While finding the most popular penny stocks to watch can be a great strategy, there are a few other factors to consider. Depending on what type of investor you are, this includes where an industry or especially penny stocks can move in the short or long term.

Well, some of those who invest in penny stocks tend to do so for short term gains. This is the most popular strategy when it comes to trading penny stocks. However, others are trying to find penny stocks that may have long-term potential and are therefore pushing them out of the penny stocks realm.

[Read More] 4 penny stocks worth adding to your watchlist in July

Regardless, understanding what type of trader you are and how you can use it to your advantage is extremely important. Given that the stock market has so much potential right now, there are hundreds of penny stocks to watch as well. With that in mind, here are four penny stocks to watch out for right now.

4 Hot Penny Stocks That You Should See Right Now

Cemtrex Inc. (NASDAQ: CETX)
Vinco Ventures Inc. (NASDAQ: BBIG)
Advaxis Inc. (NASDAQ: ADXS)
Tellurian Inc. (NASDAQ: TELL)

Cemtrex Inc. (NASDAQ: CETX)

As the tech industry grows every day, investors continue to look for the best tech stocks to watch out for right now. As part of this sector, Cemtrex is a leader in areas such as IoT, Artificial Intelligence, Computer Vision, Augmented Reality and Virtual Reality. In these sectors, CETX produces a range of consumer goods and is engaged in the manufacture of digital applications, surveillance systems and intelligent security.

While Cemtrex reported a drop in sales in its most recent report on the second quarter, the company attributes this to the pandemic. Covid served to curtail its operations, but it still incurred operating costs of around $ 5.9 million.

It’s worth noting that CETX saw its net income spike due to other income opportunities such as a settlement agreement and unrealized securities gains. What do you think of its potential for July and beyond, as CETX shares gain around 11% over the course of the year?

Vinco Ventures Inc. (NASDAQ: BBIG)

Another technology penny stock that should be considered right now is Vinco Ventures. We have been covering BBIG stock for quite some time due to its constant market dynamics and the trending nature of its business. In some contexts, the company is using its BIG strategy to encourage new opportunities and grow as a company.

[Read More] The Best Penny Stocks To Buy This Week? 3 seen at the end of July

BBIG’s business model is to first acquire another company, where it then uses internal transportation platforms to scale the business for the best opportunities for long-term growth. Recently, BBIG announced plans to spin off Emmersive Entertainment to become a separate entity.

“This is a great opportunity for shareholders of record on Effective Date. The technology Emmersive continues to develop is industry-changing in my opinion, and we felt the best way to ensure shareholders get that value is to split the two companies and give shareholders the proverbial “two mouthfuls.” from the apple ”. We look forward to what Brian and the team can build and have full confidence in their performance. ”

Vinco Ventures CEO, Christopher Ferguson

This is big news for the company and investors alike, and it could prove to be a profitable endeavor over the long term. While it may take some time to see the financial benefits of this announcement, is BBIG stock worth a look in the meantime?

Advaxis Inc. (NASDAQ: ADXS)

The biotech industry has gained a lot of momentum in recent months. This is due to both the impact of the pandemic and the resulting focus on biotech stocks. And Advaxis has benefited greatly from both.

[Read More] 4 High Volume Penny Stocks To Watch For In July 2021

This biopharmaceutical company is specifically focused on the clinical development of its proprietary active ingredients. In depth, ADXS is working on immunotherapies based on living attenuated Listeria monocytogenes (Lm). These Lm-based antigen delivery products are engineered to secrete antigen fusion proteins. In addition, these products are considered to be a novel technology in this field. Recently, Advaxis planned to merge with BioSight, an oncology company.

“After a thorough and thorough review of the strategic and potentially transformative options for Advaxis, we are very excited to announce a proposed merger with Biosight.

We believe that the combined company’s strong and diversified oncology pipeline, with late- and early-stage assets, short-term milestones, an experienced leadership team, and a focus on hematologic malignancies and solid tumors have the potential to deliver transformative benefits to patients while also providing value for our shareholders. ”

Kenneth A. Berlin, President and CEO of Advaxis

While mergers are quite common with biotech penny stocks, they are always exciting for both investors and the companies involved. And this merger should help fuel the future of both companies as they work to develop new compounds that will improve patient lives. With that said, is it worth adding ADXS stock to your list of penny stocks to keep an eye on?

Tellurian Inc. (NASDAQ: TELL)

Prices for gas and other energy costs are currently rising. This increase is due to inflation and increased demand for fossil fuels, energy penny stocks are doing well. As a major player in the US liquefied natural gas industry, Tellurian plays a significant role in the industry.

TELL is also focused on its M&A division, which has helped it break into several unique areas of the energy industry. Additionally, the recent development of its Driftwood LNG export facility in Louisiana is one of the persistent reasons so many investors show interest in TELL stock.

Charif Souki, Executive Chairman of Tellurian Inc., states that M and A’s continuing goal of the company is “a unique opportunity” for producers to merge with or be acquired by TELL. On July 16, Tellurian announced that it had terminated a contract with the French company TotalEnergies SE relating to the Driftwood LNG plant. It states: “The entire arrangement was terminated because it was inconsistent with the commercial arrangements that Driftwood … has made with other counterparties.”

Over the past six months, TELL stock is up a solid 44% or so. And in the past 12 months, that number has grown to over 264%. This is a substantial gain that should by no means be ignored by investors. In view of the current and future situation in the energy sector, will TELL be on your watch list in July?

Are popular penny stocks worthwhile?

Finding the best penny stocks to buy is about understanding how the markets move. While things are very volatile right now, many expect an economic recovery in the near future.

[Read More] Small-cap biotech stocks should be on your watchlist in 2021 and here’s why

For this reason, it is important to stay as informed as possible about any activity that could affect your penny stocks watchlist. But with so much potential in the market, making a profit on penny stocks can be easy. Given this, are popular penny stocks worth buying or not?

Midam Ventures, LLC | (305) 306-3854 | 1501 Venera Ave, Coral Gables, FL 33146 | news@pennystocks.com

source https://thedailytradingnews.com/popular-penny-stocks-to-buy-in-2021-heres-4-you-should-know-about-2/

New to Investing? This 1 Retail and Wholesale Stock Could Be the Perfect Starting Point – July 19, 2021

Here at Zacks, we offer our members many different ways to get the most out of the stock market and invest in ways that will result in long-term success.

The Zacks Premium Service makes this easier. It includes daily updates on Zacks Rank and Zacks Industry Rank; full access to the Zacks # 1 leaderboard; Stock research reports; and premium stock screens like the Earnings ESP filter. All of these can help you quickly see which stocks to buy, which to sell, and which are the hottest industries today.

Also included in Zacks Premium is the focus list. This is a long-term portfolio of top stocks that have all the qualities to beat the market.

Break down the Zacks focus list

If you could, wouldn’t you take the chance to get access to a curated list of stocks to help fuel your investment journey?

This is what the Zacks Focus List offers. It is a portfolio of 50 stocks that long-term investors use as a starting point for building their individual portfolios. The stocks on the list are expected to outperform the market over the next 12 months.

One thing that makes the focus list even more beneficial is that each selection comes with a full Zacks analyst report. This helps explain why each stock was selected and why we believe it will be a good choice over the long term.

The portfolio’s past performance only confirms why investors should consider it a starting point. For 2020, the Focus List gained 13.85% on an annualized basis, compared to the S&P 500’s 9.38% return. Cumulatively, the portfolio returned 2,519.23%, while the S&P returned 854.95%. Returns are valid for the period from February 1, 1996 to March 31, 2021.

Focus list methodology

When stocks are selected for the focus list, it reflects our continued confidence in the power of earnings forecast revisions.

Earnings estimates or growth and profitability expectations come from brokerage analysts who track listed companies; These analysts work with company management to analyze any issues that may affect future earnings, such as:

Revisions to earnings estimates are very important as investors also need to consider what a company will make in the future.

The stocks that experience positive changes in earnings estimates are more likely to experience even larger upward changes in the future. Take this example: if an analyst raised their estimates last month, they will likely do so again this month and other analysts will follow suit.

Harnessing the power of revisions to earnings estimates is when the Zacks rank joins the party. A unique, proprietary stock valuation model, the Zacks Rank leverages changes in quarterly earnings expectations to help investors create a successful portfolio.

Four main factors make up the Zacks rank: consistency, size, uptrend, and surprise. Everyone receives a raw score that is recalculated and ranked each night, and with this data the stocks are then divided into five groups ranging from “strong buy” to “strong sell”.

The focus list is made up of stocks picked from a long list of companies at # 1 (Strong Buy) or # 2 (Buy), meaning any new addition among analysts has an optimistic earnings consensus.

Since stock prices respond to revisions, buying stocks as earnings estimates go up can be very profitable. Focus List stocks offer investors a great opportunity to get into companies whose future earnings estimates are rising, potentially creating price momentum.

Focus List Spotlight: Starbucks (SBUX Quick Quote.)SBUX – Free report)

Starbucks Corporation, founded in 1985 and based in Seattle, WA, is the world’s leading roaster and retailer of specialty coffees. In addition to fresh, abundant brewed coffees, Starbucks offerings include many complementary foods and a selection of premium teas and other beverages, most of which are sold through the company’s retail stores. The company’s popular brands include Starbucks Coffee, Teavana Tea, Seattle’s Best Coffee, La Boulange Bakery Products, and Evolution Fresh Juices.

SBUX, a # 2 share (Buy), was added to the focus list on August 16, 2019 at $ 95.53 per share. Since then, stocks are up 24.29% to $ 118.73.

One analyst revised up its fiscal 2021 earnings estimate over the past 60 days while increasing the Zacks Consensus Estimate by $ 0.01 to $ 2.98. SBUX also has an average earnings surprise of 27.3%.

For the current financial year, too, earnings growth of 154.7% is forecast for SBUX.

Reveal profit stocks

Unlock all of our powerful research, tools, and analysis, including the Zacks # 1 Leaderboard, Equity Research Reports, Zacks Earnings ESP Filters, Premium Screeners, and more as part of Zacks Premium. You will quickly see what stocks to buy, hold and sell, and target today’s hottest industries to improve your portfolio’s performance. Get full access now >>

source https://thedailytradingnews.com/new-to-investing-this-1-retail-and-wholesale-stock-could-be-the-perfect-starting-point-july-19-2021/

Cattle train receives lukewarm response

Mon 19.07.2021 00:00

A compartment of the Bangladesh Railway “cattle train” that goes to the markets in Dhaka, where they are sold as sacrifices during Eid-ul-Azha. Photo: Star

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A compartment of the Bangladesh Railway “cattle train” that goes to the markets in Dhaka, where they are sold as sacrifices during Eid-ul-Azha. Photo: Star

A “cattle train” introduced by the Bangladesh Railway appears to be flat when only a single locomotive with 200 sacrificial animals set off for Dhaka on Saturday for Eid-ul-Azha.

Cattle dealers are not interested in the special rail service because road transport is more convenient despite the higher costs, according to various sources.

For all the breaking news, follow The Daily Star’s Google News channel.

“Most of the cattle dealers in the country’s northern and southern districts have been notified of the special train service through the local cattle departments, but their response has been quite poor,” said Md Nasir Uddin, a section clerk for the Bangladesh Railway, told The Daily Star.

The Bangladesh Railway made special arrangements for the transport of sacrificial animals to Dhaka between July 17th and 19th, but due to the low turnout, only a single train with 100 cows and 100 goats will likely make the journey this year.

“We may run more trains, however, if the number of pre-Eid orders increases,” Uddin said, adding that they were still asking the cattle dealers to use the service.

In addition, transporting cattle by rail is much cheaper than any other mode of transport, as a wagon with a capacity of at least 20 to 25 cattle costs only Tk 11,000.

“So it won’t cost more than about Tk 500 per cattle shipped from Chapainawabganj to Dhaka,” said Uddin.

After loading 80 cows in the Chapainawabganj station, another 100 goats were added to the Boral Bridge station in Vangura upazila in Pabna.

Previously, the train was loaded with 20 goats at Rajshahi station, where it was inaugurated by Mihir Kanti Guho, General Manager of the West Zone of the Bangladesh Railway.

“The train then left for Dhaka at 4:30 pm on Saturday and is likely to arrive in Dhaka at 3:30 am the next morning,” said Md Anwar Hossain, Divisional Transportation Officer of the Bangladesh Railway in Pakshey.

After talking to a number of cattle dealers, it turned out that they regard the special rail service as unnecessary trouble.

“We can load a truck with at least 15 cows directly from our farms and have the cattle delivered to our destination in Dhaka for around Tk 12,000,” said Md Shah Alom, a leading cattle dealer based in Pabna.

In the case of rail transport, the cattle first have to be delivered to the train station and then transported back to the huts after disembarking.

“That’s why we prefer road transport, even though rail is comparatively cheaper because it doesn’t offer the same benefits,” he added.

Similarly, Md Abdul Kader, a leading cattle dealer in the village of Haropara, Vangura, told The Daily Star that they are avoiding the rails because road transport is mostly hassle-free.

source https://thedailytradingnews.com/cattle-train-receives-lukewarm-response/

Sunday, July 18, 2021

Bargains aplenty, COVID vaccine clinic found at flea market, but few get shots

Traders Village was the place to be on Sunday and for some it was the place to get vaccinated against COVID-19.

Despite the sweltering heat, many people came for shopping, live music, rides, and ice cold drinks. Many still wore cloth masks or plastic face shields.

Raul Ortega, 71, was shot dead at the Johnson & Johnson pop-up clinic sponsored by the San Antonio Metropolitan Health District while visiting the open air flea market in the southwest of the city with his wife Mary.

Ortega, a San Antonio nurse and Vietnam veteran, kept a close eye on the side effects of the three emergency vaccines approved in the US during the coronavirus pandemic and ultimately decided that Johnson & Johnson’s single dose was the way to go should go. The Pfizer and Moderna vaccines both require two doses.

“I’ve been a nurse too long and I’ve seen it all,” he said. “The spread of the new Delta variant is one of the reasons why I decided to get it.”

On ExpressNews.com: San Antonio COVID-19 hospital stays doubled

Health officials are targeting parts of the city with low vaccination rates for their pop-up vaccine clinics. The idea is to go where the people are. This week the health department plans to offer admissions at the San Antonio Zoo, Madison, LEE and Churchill high schools and several churches.

Public health officials say the Delta variant is spreading more easily than previous versions of the coronavirus and are warning those who haven’t got the sting not to wait any longer.

Mary Ortega, 68, was vaccinated at Pfizer in March when her son signed her up for an appointment. She said she was relieved when her husband decided to get vaccinated.

“I’m happy now the whole family is protected,” she said, adding that even her 14- and 16-year-old granddaughters are now fully vaccinated.

Raul Ortega has joined the 62 percent of Bexar County’s residents who have been fully vaccinated against the virus.

Roberto Fajardo of the UIW School of Osteopathic Medicine holds a sign for a Metro Health pop-up COVID vaccine clinic in Traders Village on Sunday.

Robin Jerstad / Robin Jerstad

This weekend, Texas’s positivity rate is over 10 percent – a level Governor Greg Abbott identified as a red flag at the start of the pandemic, according to a report by the Texas Tribune.

The positivity rate refers to the percentage of COVID-19 tests that are positive for the virus. The seven-day average for new confirmed cases in the state was 2,119, almost three times the July 1 figure.

New cases confirmed daily and hospital admissions are increasing rapidly but are still below winter peaks.

According to Dr. Bryan Alsip, Chief Medical Officer of University Health, more than 230 people – either unvaccinated or not fully vaccinated – have been hospitalized with COVID-19 in San Antonio.

On ExpressNews.com: “COVID Will Not Go away”: San Antonio’s COVID positivity rate nearly doubles in a week nearly nearly

After two hours at the Traders Village vaccination clinic, only seven vaccinations had been given.

Rosa Rojas, a health programs specialist for Metro Health’s immunization division, said they were there not only to distribute vaccinations but also to answer questions about COVID-19.

“It was busy today,” she said. “A lot of people have questions and want to have a chat about the different vaccines.”

A man visited the Metro Health booth several times during the day to ask questions. He was not sure if he was ready and decided to ask his doctor about it, said Rojas.

Rojas, who spoke to people in both English and Spanish, said several people who had already been vaccinated asked if they needed a booster or another vaccination.

The Centers for Disease Control and Prevention has stated that a booster vaccination is not yet required.

COVID-19 vaccines have been shown to be highly effective in preventing infection from humans, even with the more transmissible variants like Delta. For those who are still infected with the virus, vaccination means that its effects will most likely be mild.

“We tell them the vaccines prevent deaths and protect the population,” said Rojas.

Sometimes employees have to fight myths, like people being hospitalized after receiving the vaccine, Rojas said.

The likelihood of a severe reaction to the vaccine is between 2.5 and 11 cases per 1 million doses, according to the CDC. To protect against side effects, the CDC requires vaccination sites to observe patients for 15 minutes after vaccination. Those with a history of reactions are asked to wait 30 minutes before leaving.

“So it’s good that we have a nurse here who speaks to you and shares the truth,” said Rojas. “It can be daunting, but we are here to let those who hesitate and provide them with accurate information.”

Traders Village buyer Rebecca Padilla, 41, said that with the new variant and the rise in cases, she had finally convinced her husband to get a vaccine.

“We were hit with COVID last year,” said Padilla, explaining that she went for tests before breast cancer surgery and found she was positive. Likewise her husband and one of her two small children. They hadn’t had any noticeable symptoms.

After realizing that only Johnson & Johnson was available, they decided to wait and visit the vaccine clinic on the Robert B. Green campus, she said, which accepts walk-ins. Her husband was going to get Pfizer, she said.

laura.garcia @

express-news.net

source https://thedailytradingnews.com/bargains-aplenty-covid-vaccine-clinic-found-at-flea-market-but-few-get-shots/

U.S. Government Offers Cryptocurrency Bounty In Radical New Approach To Fighting Cybercrime

Play by their rules.

TASS via Getty Images

What seems like a first for the US government, the US State Department is offering payment of a cryptocurrency bounty worth up to $ 10 million (315 BTC at the time of writing) in exchange for actionable information about orchestrated by foreign governments Cyberattacks.

The federal agency, acting under the Diplomatic Security Service’s Rewards for Justice program, made the offer in a July 15 press release.

Payment would be made to anyone who can “provide information identifying or locating any person who is engaged in malicious cyber activities against critical US infrastructure under the direction or control of a foreign government.”

The press release then added, “Reward payments can include payments in cryptocurrency.”

A spokesman for the agency confirmed to a surprised Coindesk that this is actually “the first time since its inception in 1984 that the Rewards for Justice program has offered a reward payment in cryptocurrency.”

More importantly, it appears to be the first time that a US federal government has taken the plunge. Most wanted lists of cash rewards are also maintained by the Federal Bureau of Investigation (FBI) and the U.S. Immigration and Customs Service (ICE), but so far none of the agencies has publicly offered to make payments in cryptocurrency (even if the refugee is related to crime wanted in connection with cryptocurrency).

For Bitcoin enthusiasts, the news can be seen as an admission by the U.S. government that decentralized cryptocurrencies are a viable means of conducting state business.

That’s probably read too much into it. To be eligible for the $ 10 million reward, you will almost certainly need to be a Russian or Chinese hacker willing to commit treason by giving information about your activities and chain of command to a hostile Western government.

The US Diplomatic Security Service will be aware that anyone who participates in its Rewards for Justice program is putting their life at risk, so the decision to offer cryptocurrency payments seems largely pragmatic. Most cryptocurrencies are processed over public blockchain networks, which offer more anonymity and less traceability than traditional payment channels.

Informants were also asked to contact them through an anonymized Tor channel on the dark web – not exactly a routine government protocol.

Nonetheless, it is of historical significance that the US federal government is now offering to pay for services – financed by taxpayers’ money – with cryptocurrencies that exist outside the control of central banks and other state institutions.

That should dispel any remaining doubts about the security of Bitcoin, which is cryptographically unbreakable and can only be confiscated by entrusting it to third parties if it is improperly stored.

If adopted as a broader government policy, the approach should also result in a healthy surge in intelligence tips.

Earlier this month, a coordinated ransomware attack from Russia disrupted the operations of more than 1,000 companies using the IT infrastructure of the US company Kaseya. Cybercrime costs the global economy more than $ 1 trillion a year – about 1% of global GDP – according to software security company McAfee.

source https://thedailytradingnews.com/u-s-government-offers-cryptocurrency-bounty-in-radical-new-approach-to-fighting-cybercrime/

Popular Penny Stocks to Buy in 2021? Here’s 4 You Should Know About

4 Popular Penny Stocks To Watch Out For In July 2021

[Read More] 4 penny stocks worth adding to your watchlist in July

4 Hot Penny Stocks That You Should See Right Now

Cemtrex Inc. (NASDAQ: CETX)
Vinco Ventures Inc. (NASDAQ: BBIG)
Advaxis Inc. (NASDAQ: ADXS)
Tellurian Inc. (NASDAQ: TELL)

Cemtrex Inc. (NASDAQ: CETX)

Vinco Ventures Inc. (NASDAQ: BBIG)

“This is a great opportunity for shareholders of record as of now. The technology that Emmersive continues to develop is industry-changing, in my opinion, and we believed the best way to ensure shareholders received that value is through this.” to split the two companies and give shareholders the proverbial ‘two mouthfuls of the apple’. We look forward to what Brian and the team can build and have every confidence in their performance. ”

Vinco Ventures CEO, Christopher Ferguson

Advaxis Inc. (NASDAQ: ADXS)

[Read More] 4 High Volume Penny Stocks To Watch For In July 2021

“After a thorough and thorough review of the strategic and potentially transformative options for Advaxis, we are excited to announce a proposed merger with Biosight.

Kenneth A. Berlin, President and CEO of Advaxis

Tellurian Inc. (NASDAQ: TELL)

Charif Souki, Executive Chairman of Tellurian Inc., states that M and A’s continuing goal of the company is “a unique opportunity” for producers to merge with or be acquired by TELL. On July 16, Tellurian announced that it had terminated a contract with the French company TotalEnergies SE relating to the Driftwood LNG plant. It reads: “The entire arrangement was terminated because it was inconsistent with the commercial arrangements that Driftwood … has made with other counterparties.”

Are popular penny stocks worthwhile?

Finding the best penny stocks to buy is about understanding how the markets move. While things are very volatile right now, many expect an economic recovery in the near future.

[Read More] Small-cap biotech stocks should be on your watchlist in 2021 and here’s why

COMTEX_390010117 / 2685 / 2021-07-18T15: 30: 19

Is there a problem with this press release? Contact the source provider Comtex at editorpr@comtex.com.

source https://thedailytradingnews.com/popular-penny-stocks-to-buy-in-2021-heres-4-you-should-know-about/