(24/7 Market News) It was another rough week for the markets, but you already knew that, so let’s go straight to the weekly wrap-up.
Redbox Entertainment Inc. (NASDAQ: RDBX) started the week flat, but it’s been in play since heavy volume flows for the last hour of Tuesday’s session, opening the week at $2.63 and closing today at $5.32 on 40,619,847 shares and gaining $1.52 (+40.00%) for the day.
The heavy trading volume continues for SoFi Technologies (NASDAQ: SOFI), which closed the week at $7.49, after opening the week at $7.02 and hitting the $8s in this morning’s premarket session, on 54,825,479 shares.
Grab Holdings Limited (NASDAQ:GRAB), the gross market value (GMV) in food deliveries superapp operator. was mostly quiet this week, until it erupted on Thursday, when its volume and price took off. After opening the week at $2.735, it closed today at $3.21, a 7 cents gain for the day on 40,787,539 shares traded.
Another on that took off on Thursday was VivoPower International PLC (NASDAQ: VVPR). After opening the week at $1.08, the solar and critical power services company closed today at $1.58 on 3,017,708 shares
After opening the week at $4.15, DecisionPoint (NYSE: DPSI) closed today at $5.95. It traded very light volume until Wednesday, when the volume spike took its price to $12.48. However, it’s been giving back some of the those gains and closed today down $1.03 (-14.76%) on 458,354 shares.
Kidpik Corp. (NASDAQ:PIK), a subscription-based e-commerce company, followed nearly the exact same pattern as DPSI, opening the week at $1.90, popping on Wednesday, and drifting back, before closing today’s session on a nice run to $2.03, up $0.14 (+7.41%) on 558,860 shares.
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