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24/7 Market News Lunch Break 27 Sept 2023

DENVER, Colo., Sept 27, 2023 (www.247marketnews.com)- The following companies published announcements or are trading higher on higher-than-usual midday volume; ShiftPixy Inc (NASDAQ: PIXY), SciSparc Ltd (NASDAQ: SPRC), Galecto Inc (NASDAQ: GLTO), American Strategic Investment Co (NYSE: NYC), Rite Aid Corp (NYSE: RAD) and Inpixon (NASDAQ: INPX).

News

ShiftPixy, Inc. Announces Reverse Stock Split Effective Date– ShiftPixy Inc (NASDAQ: PIXY) is trading at $1.14, up $0.71 (+162.41%), on 106.21M shares traded.

SciSparc Announces Expected Implementation of 1-for-26 Reverse Share Split SciSparc Ltd (NASDAQ:SPRC) is trading at $0.28, up $0.12 (+76.06%), on 163.72M shares traded.

Galecto Announces Plans to Explore Strategic Alternatives Galecto Inc (NASDAQ: GLTO) is trading at $0.68, up $0.11 (+19.24%), on 8.7M shares traded.

BELLEVUE CAPITAL PARTNERS, LLC LAUNCHES TENDER OFFER FOR SHARES OF AMERICAN STRATEGIC INVESTMENT CORP. American Strategic Investment Co (NYSE: NYC) is trading at $7.83, up $1.61       (+25.83%), on 1.04M shares traded.

Momos           

Today’s momentum movers include;

Rite Aid Corp (NYSE: RAD) is trading at $0.58, up $0.15 (+35.40%), on 41.09M shares traded.

Inpixon (NASDAQ: INPX) is trading at $0.14, up $0.01 (+8.85%), on 17.5M shares traded.

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Cautionary Statement Regarding Forward Looking Information

Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.

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