DENVER, Colo., Oct. 20, 2023 (www.247marketnews.com)- The following companies were among the listings that we covered this week;
We covered LQR House’s (NASDAQ: LQR) Von Payne Whiskey gaining shelf space at some Southern California Costcos when it was trading at $0.3341, up $0.1618 (+93.91%) on 31.6M premarket shares traded. We originally spotted it at around a quarter, but an internet issue prevented us from posting sooner. Even though we were late, it still rallied to open at $0.4632, but that was it, as that day’s chart looked like a slide.
We covered that Processa Pharmaceuticals (NASDAQ: PCSA) would present at the ThinkEquity Conference when it was trading at $0.51, up $0.03 (+6.69%), on 25.57M shares traded. It hit a 90-cent high, before closing at $0.5585, up $0.0785 (+16.35%0, on 75,617,145 shares traded.
We spotted that Momentus (NASDAQ: MNTS) was making a momentum move when it was trading at $4.33, up $1.22 (+39.23%), on 2.97M shares traded. It went on to hit a high of $5.50 and closed at $4.85, up $1.74 (+55.95%), on 49,850,786 shares traded. On Tuesday, it hit a high of $5.95.
We mentioned that Tempest Therapeutics Inc (NASDAQ: TPST) was making a move when it was trading at $6.27, up $2.63 (+72.25%), on 79.73M shares traded. We featured this at 97-cents last week and after running to a high of $11.50, it dropped, but has held on to enough of its gains to stay in play. On Tuesday, it hit a high of $9.
Ramaco Resources (NASDAQ: METC) was trading at $11.18, up $1.43 (+14.67%), on 199.22K shares traded, when we spotted it. It seemed to only go up and closed a penny off its high at $12.56, up $2.81 (+28.82%), on trading volume of 1,911,328 shares.
We covered that the FDA granted SeaStar Medical Holding (NASDAQ: ICU) Breakthrough Device Designation when it was trading at $0.68, up $0.23 (+50.20%), on 24.08M shares traded. It continued to chug away until it hit a high of $0.8571, about 30 minutes before the regular session close of $0.771, up $0.3176 (+70.05%), on 179,515,727 shares traded. It then closed afterhours at $1.02 and hit $1.24 on Thursday.
MMTEC Inc (NASDAQ: MTC) was trading at $1.18, up $0.14 (+13.46%), on 584.09K shares traded when we called it out. It traded mostly sideways, but took off in the afternoon and hit a high of $1.44 a few minutes before it closed at $1.36, up $0.32 +30.77%, on trading volume of 2,061,545 shares.
Thursday was a travel day, so our coverage was limited, but several listings that we covered during the week continued to trade well.
We’re not thrilled with the market action, but a number of listings continue to follow through for nice multiday moves.
MMTEC (NASDAQ: MTC) was one of the listings that traded well throughout the week, as we covered it when trading at $1.18 and it hit a high of $4.86 today.
Thank you for joining us this week. Have a great weekend and get ready for next week!
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