That Was Digital Ally's Big Announcement?


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Digital Ally, Inc. (NASDAQ: DGLY) rocketed up more than 10 percent on Thursday after the company promised a major unveil on social media.

A day later, that turned out to be -- drum roll please -- the sponsorship of a Kansas golf tournament.

The company, which provides video products for law enforcement and security, closed Thursday at $13.68, up $1.26, but are still off 10 percent year to date.

'A Big Announcement'

Some investors appear to have believed the company's promotional tweet meant a material disclosure was forthcoming.

Related Link: Digital Ally Surges After Revealing New Announcement Is Coming On Periscope

"We've got a BIG #announcement! We'll be live-streaming our announcement on #Periscope tomorrow morning at 10am CST," the company said via Twitter. Periscope is Twitter's video streaming service.

The Digital Ally Open

The previously named PGA Midwest Classic will be now known as the Digital Ally Open, under a five-year agreement.

The tournament is an official Web.com Tour event, a developmental circuit of the PGA Tour.

Financial terms of the deal weren't disclosed.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsShort IdeasContractsMoversTrading Ideasdigital allyDigital Ally announcementKansas Golf TournamentPeriscopePGA Midwest Classic