(24/7 MARKET NEWS) – this morning’s 15 minutes after the opening bell snap shot.
News
We covered Tingo Group’s (TIO:NASDAQ) response to allegations made by Hindenburg Research, a short seller outlet, yesterday and suggested that it may be positioned for a short squeeze. So far, that’s playing out, as Tingo Group is trading at $1.09, up $0.240 (+28.28%), on 20.93M shares traded and hit a $1.22 high.
SatixFy Communications (SATX:AMEX) closed a $60 million strategic transaction with MDA and is trading at $0.637, up $0.159 (+33.35%), on 12.11 shares traded.
iCoreConnect Inc (ICCT:NASDAQ) completed its previously announced business combination and is trading at $17.15, up $4.87 (+39.66%), on 6.1M shares traded.
Momos
noco noco Inc (NCNC:NASDAQ) is trading at $2.48, up $0.88 (+55.00%), on 17.2M shares.
M&A
Acer Therapeutics (ACER:NASDAQ) is trading at $1.116, up $0.506 (+82.90%), on 25.81M shares after Zevra Therapeutics, Inc. (ZVRA:NASDAQ) announced that it is acquiring Acer Therapeutics.
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