Why ShiftPixy Shares Are Nosediving Wednesday


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


ShiftPixy Inc (NASDAQ:PIXY) shares are trading lower by 35.67% to $13.85 after the company announced pricing of a $5 million private placement.

What Else?

ShiftPixy says the private placement is expected to close on or about September 23th, subject to customary closing conditions.

The company intends to use the net proceeds from the private placement for general corporate purposes, including working capital, operating expenses and capital expenditures.

See Also: Here's How Much You'd Have Right Now If You Invested $1,000 In Apple Shares When Steve Jobs Stepped Down As CEO In 2011

According to data from Benzinga Pro, ShiftPixy has a 52-week high of $203.00 and a 52-week low of $11.06.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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