24/7 Market News Wrap for 10 Nov 2023

DENVER, Colo., Nov 10, 2023 ( The following companies were among the listings that we covered this week; Cardio Diagnostics (NASDAQ: CDIO), MSP Recovery Inc (NASDAQ: LIFW), PaxMedica (NASDAQ: PXMD), Intelligent Bio Solutions (NASDAQ: INBS), Blink Charging’s (NASDAQ: BLNK), and Palantir Technologies (NYSE: PLTR).

We expect the news to slow down during earnings report season, but the drop in non-report updates is larger than we expected.

In last week’s wrap, we mentioned that a surprising number of the small-cap runners that we covered were nicely following through for longer term runs and we’ll cover a  few of those.


Our week started by covering Organigram Holdings (NASDAQ: OGI) receiving a C$124.6 million follow-on strategic equity investment from BT DE Investments Inc., a wholly-owned subsidiary of British American Tobacco PLC (NYSE: BTI). Organigram Holdings was trading at $1.31, up $0.15 (+12.93%), on 145.2K premarket shares traded, when we covered the news, and it hit a premarket high of $1.72. It pulled back to open the regular trading session at $1.52, hit its regular session high of $1.60, fifteen minutes into the session and spent the rest of the day drifting down to close at $1.38, up $0.22 (+18.97%), on trading volume of 43,449,192 shares.

After spotting and covering Cardio Diagnostics (NASDAQ: CDIO) last week, when it was 30-cents, we noticed that was on the move, again, when it was trading at $0.50, up $0.13 (+34.35%), on 5.7M shares traded. It hit its $0.775 high just before lunch, held on to most of its gains to close at $0.68, up $0.3056 (+81.62%), on 104,142,617 shares traded, and traded higher in afterhours trading.

We were happy to see that the day’s big winner was MSP Recovery Inc (NASDAQ: LIFW), which we covered last week when it was trading at $2.78. It skyrocketed to $17.4798, before closing at $9.65, up $6.91 (+252.19%), on 64,047,534 shares traded.


Since we were late covering PaxMedica’s (NASDAQ: PXMD) peer-reviewed journal publication news, we waited for it to pullback from its $6.90 premarket high and covered it when it was trading at $5.87, up $2.82 (+92.46%) on 5.55M premarket shares. We cautioned that PXMD’s pattern has been popping and losing most of its gains in the same day.

Despite a few trading halts PXMD hit a $10.26 high, about 25 minutes into the regular trading session, and it mostly drifted down from there to close at $4.50, up $1.45 (+47.54%), on trading volume of 35,202,542 shares.


We covered that Baiyu Holdings (NASDAQ: BYU) was adding to the gains it made on Tuesday, when it was trading at $3.15, up $0.40 (+14.5%) on 535.6K premarket shares. It hit a premarket high of $4.20, but couldn’t keep it going in the regular session.

While most listings weren’t very exciting in the regular session, but some of the that we covered earlier in the week, like Senti’s (NASDAQ: SNTI) news on Tuesday and it followed through on Wednesday. It hit a 74-cent high and closed at $0.68 (+30.77%), on 28,637,059 shares traded, and Cardio Diagnostics (NASDAQ: CDIO) continued to run on Tuesday and by Wednesday it hit a high of $1.82.


Intelligent Bio Solutions (NASDAQ: INBS) was trading at $0.43, up $0.20 (+87.75%), on 32.7M shares traded, after reporting positive Q1 2024 financial results and operational highlights. It hit a high of $0.7806, about two hours later, and closed at $0.437, up $0.21 (+92.51%), on trading volume of 220,987,259 shares.


We covered Blink Charging’s (NASDAQ: BLNK) third quarter financial results, when it was trading at $2.76, up $0.30 (+12.2%) on 250K premarket shares. We stated that its setup was favorable to move above $3. It opened at $2.87, hit a high of $3.40, and closed at $3.07, up $0.61 (+24.80%), on 20,554,021 shares traded.

We spotted AVITA Medical’s (NASDAQ: RCEL) move when it was trading at $1.20, up $0.50 (+70.70%), on 15.89M shares traded. It hit a $2.04 high, but the multiple trading halts killed its momentum an it closed at $1.31, up $0.623 (+90.68%), on 71,870,181 shares traded.

Marpai Inc (NASDAQ: MRAI) was trading at $0.57, up $0.18 (+48.3%), on 26.1M shares traded, when we mentioned their trading. It mostly traded sideways for the next 90 minutes, then shot up to 90-cents and closed at $0.6845, at $0.3058 (+80.75%), on 53,847,052 shares traded. It’s trading higher in afterhours trading, currently at 74-cents.

Intelligent Bio Solutions Inc (NASDAQ: INBS) is trading at $0.63, up $0.19 (+44.16%), on 62.55M shares traded, after yesterday’s Q1 and operational highlights announcements.


VIZIO Holding Corp (NYSE: VZIO) is trading at $6.65, up $1.37 (+25.96%), on 1.63M shares traded.

As we stated in the intro, a bunch of the listings that we covered last week were following through, this week. A few examples include BioXcel Therapeutics Inc. (NASDAQ: BTAI), Cellectis (NASDAQ: CLLS), TG Therapeutics (NASDAQ: TGTX), and Palantir Technologies (NYSE: PLTR), which looks poised to hit a new 52-week high after its Q3 report included raising its outlook.

Thank you for joining us this week. Have a great weekend and get ready for next week!

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