24/7 Market News weekly Wrap-up

(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.

24/7 MARKET NEWS, INC Disclaimer
24/7 MARKET NEWS (“24/7 MN”) is dedicated to covering various underreported segments of the stock markets. Our goal is to help you to better understand these markets, but 24/7 MN is neither an investment advisor nor a financial advisor, and no information provided here is to be interpreted as a suggestion to buy or sell stocks or other investment products. All opinions, news, research, analysis, prices or other information contained on 247marketnews.com, its press releases, or other services are provided for educational purposes only and do not constitute investment advice. You are solely responsible for the investment decisions you make.

Please go to www.247marketnews.com or https://www.247marketnews.com/terms-disclaimer/ for further information.


Signup today for free and be the first to get notified of breaking news.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.


Sign up for Breaking Alerts, our newsletter putting timely and updated stock and crypto markets news into your hands.

Add New Playlist