$186.35  $2.87 
$137.59  $0.24 
$2,151.82  $5.44 
$663.90  $45.52 
$2,186.26  $28.65 

Tuesday Breakfast Bits, by 24/7 Market News

Tuesday Breakfast Bits, by 24/7 Market News

DENVER, Colo., November 26, 2019- (24/7MarketNews via COMTEX) National and Venture Market News for November 26, 2019.

Market Trend

The Dow, Nasdaq, and the S&P 500, continue to flirt with new highs, on this abbreviated trading week, after reports of U.S.-China trade progress.

Alibaba (NYSE:BBY) raised over $11.3 billion, which may reach nearly $13 billion, if the over-allotment option is exercised, from its secondary listing, in Hong Kong, easily outpacing the approximately $8 billion that Uber (NYSE:UBER) raised in its May IPO.  However, Saudi Aramco (ARMCO), which is likely to list in December, is projected to dwarf both when it goes live.

 Kraig Labs’ scale-up of its first-of-its-kind superfiber production program on target

Kraig Biocraft Laboratories’ (OTCQB: KBLB), the leading developer of spider silk based fibers, CEO provided a commercialization update, for the first-of-its-kind superfibers, The focus was on “creating and maintaining long-term shareholder value.” Kraig Labs is preparing to expand its footprint and deliver its largest ever commercial production of spider silk, as the Company will deliver the first shipment of finished silk from its Vietnamese factory, while it’s, simultaneously, expanding production capacity.

As Kraig Labs prepares to fulfill material deliveries, in 2020, to numerous end target markets, it is also looking to graduate from the OTC Markets Venture Exchange to a national exchange, with its uplisting process “well underway, with several key pieces of this process complete.”

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As a pioneer in digital financial market media, 24/7 Market News (24/7MN) is dedicated to the swift distribution of financial market news and information.  24/7 MN provides comprehensive corporate communications resources and tools to engage the investment community.


24/7 Market News (24/7MN) is a third party publisher and news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7MN’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.

The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and based on publicly available information which is believed to be reliable. 24/7MN owns KBLB shares that it will sell. 24/7MN makes no representations as to the completeness, accuracy, or timeliness of the material provided and all materials are subject to change without notice. 24/7MN and/or its affiliates are not responsible for any gains or losses that result from the opinions expressed and are not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.

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