Expert Michael Ballanger takes a look at a few charts to tell you how he believes the US dollar is doing and where he thinks the market may be heading.
Shares of bowling center operator Bowlero Corp. traded 7.5% higher and rolled to a new 52-week high after the company reported Q4/22 and FY/22 financial results that included a 130.7% YoY increase in annual revenue.
After a relatively big buyer appeared a week ago and bought a lot of stock from Legible Inc., expert Clive Maund believes something may be on the horizon for the publishing company.
Expert Chris Temple of The National Investor reviews the latest updates with Enterprise Group Inc., including the announcement of its second-quarter results.
Shares of Twin Vee PowerCats Co. traded 77% higher and reached a new 52-week high after the high horse-power sport and commercial watercraft manufacturer reported Q2/22 financial results highlighting a 158% YoY increase in revenue from its Gas-Powered Division.
Sidus Space Inc. shares traded 37% higher after the satellite technology company reported it has expanded the scope of its working relationship and increased deliverables to Teledyne Technologies Inc. Sidus stated that revenues registered under its contracts with Teledyne in Q2/22 were the highest amounts earned over the course of its four-year relationship with that company.
Vertical Aerospace Ltd.'s shares traded 70% higher after the eVTOL aircraft designer and manufacturer reported it secured a pre-delivery payment commitment from American Airlines Group for the first 50 units of its VX4 eVTOL aircraft. The firm advised it received a separate order for 50 VX4s from a business jet operator in Belgium.
Shares of Canoo Inc. traded 57% higher after the company reported that Walmart has contracted to purchase 4,500 of its electric Lifestyle Delivery Vehicles for use in its growing e-commerce business. The agreement includes an option for 5,500 additional units.
Shares of this all-electric, off-road powersports vehicle company traded 47% after it reported thousands of pre-orders for its class-leading 125 hp Stag EV over the course of just 14 days. The orders are expected to provide the firm with an additional $70 million in revenue.
Shares of USA Truck Inc. traded 111% higher after the trucking and logistics firm reported it agreed to be acquired by DB Schenker of Germany in an all-cash transaction for $31.72 per share.
Algoma Steel Group Inc. shares traded 18% higher after the North American light gauge rolled steel sheet and plate products producer reported financial results for Q4/22 and FY/22 featuring a 112% YoY increase in consolidated revenue.
Signet Jewelers Ltd. shares traded 9% higher after the company reported Q1/23 financial results and reaffirmed its FY/23 estimates for total revenue and non-GAAP operating income.
After weathering some major setbacks, PetVivo Holdings Inc. is stepping it up. With their new product for osteoarthritis and the team's perseverance, they may soon show themselves as a diamond in the rough.
CatchMark Timber Trust Inc.'s shares rose 42% after the company reported it agreed to be acquired by PotlatchDeltic Corp. in an all-stock transaction for $12.88 per share.
Shares of Red Robin Gourmet Burgers Inc. traded 24% higher after the company reported Q1/22 financial results highlighting a 19.7% YoY increase in comparable restaurant revenue.
America's Car-Mart Inc. shares traded 26% higher after the multi-state used automotive retailer reported that it achieved record revenues of $352 million in Q4/22.
On a day when the DJIA dropped more than 1,200 points, shares of TJX Companies Inc. traded 6.5% higher after the company reported financial results for Q1/23 that highlighted a 3% YoY growth in same store sales at its T.J. Maxx and Marshalls stores.
Shares of Chemours Co. traded 16% higher after the company reported Q1/22 financial results and raised its FY/22 adjusted EBITDA estimates by 12% over previous guidance.
Clearwater Paper Corp. shares traded 22.5% higher after the company reported Q1/22 financial results that included a 15% increase in YoY net sales. The firm said it sees continued strength in its paperboard business along with improvements in its parent roll tissue business and has been able to command higher prices to offset higher raw materials and transportation costs.
Kimberly-Clark shares traded 9% higher on a down market day after the company reported Q1/22 financial results that highlighted a 7% YoY increase in net sales.
Technical analyst Clive Maund charted this drone company and believes that it has a very strong chart and looks to be on the verge of breaking out into a major bull market.
This sustainable housing and renewable energy company has two solar projects, but its 995-unit sustainable housing development in California is going to give a near-term reward.
Shares of national furniture retailer Arhaus Inc. traded 21% higher after the company reported Q4/21 and FY/21 financial results that included a 57% increase in FY/21 revenues.
