Red Cat Holdings

Red Cat Holdings Inc is a provider of secure blockchain-based distributed storage, analytics, and SaaS for the drone industry. Through its products, Red Cat provides solutions for regulators to track and review flight data, insurance companies to insure drones, and pilots to become compliant with regulations.

Elon Musk&rsquo;s SpaceX and Geometric Energy Corporation&rsquo;s plans to send a &ldquo;DOGE-1 Mission to the Moon&rdquo; also has a non-fungible token or NFT angle, Hypebeast <a href="https://hypebeast.com/2021/6/spacex-elon-musk-dogecoin-doge-1-mission-space-art-geometric-energy-corporation-gec" style="text-decoration-line:none">reported</a> Wednesday.
What Happened: The mission, <a href="https://www.benzinga.com/markets/cryptocurrency/21/05/21026703/canadian-company-says-its-sending-satellite-to-moon-on-spacex-rocket-in-dogecoin-fueled-de" style="text-decoration-line:none">announced</a> in May &mdash; will involve the launch of &ldquo;Space Art,&rdquo; which will be sold as NFTs denominated in Dogecoin (DOGE), as per Hypebeast.
See Also: <a href="https://www.benzinga.com/money/how-to-buy-dogecoin-doge/" style="text-decoration-line:none">How to Buy Dogecoin (DOGE)</a>
The artwork &mdash; which takes the shape of space plaques provided by Geometric Labs and Gamin Corporation, reportedly bears cryptocurrency project names &ldquo;Rho,&rdquo; &ldquo;Beta,&rdquo; &ldquo;Kappa,&rdquo; &ldquo;Gamma,&rdquo; and &ldquo;Xi.&rdquo;
DOGE traded 1.74% lower at $0.31 over 24-hours leading up to press time. The Shiba Inu-themed cryptocurrency has declined 8.16% over seven days.
Against <a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment/" style="text-decoration-line:none">Bitcoin</a> (BTC) and Ethereum (ETH), DOGE rose 1.94% and 2.96% respectively over 24-hours.
Why It Matters: The art included as a payload on the CubeSat satellite &mdash; to be launched by Geometric Energy and SpaceX &mdash;&nbsp; could be &ldquo;programmable, changeable or even streamed back to Earth,&rdquo; as per the public relations firm connected to the venture, Hypebeast reported.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/21/05/20930494/dogecoin-co-founders-capped-doge-nft-goes-for-70-000-dogecoin-alpha-others-find-takers-too" style="text-decoration-line:none">Dogecoin Co-Founder&#39;s &#39;Capped Doge&#39; NFT Goes For $70,000, &#39;Dogecoin Alpha,&#39; Others Find Takers Too</a>
This month, Tesla Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) and SpaceX CEO Musk said &ldquo;a <a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21444342/elon-musk-says-a-new-space-race-has-begun-as-bitmex-looks-to-get-bitcoin-to-the-moon-ahead" style="text-decoration-line:none">new space race has begun</a>&rdquo; as cryptocurrency exchange Bitmex announced plans to send Bitcoin to the moon ahead of Dogecoin.
On Monday, SafeMoon (SAFEMOON) saw a spike after its CEO John Karony said the project&rsquo;s chief blockchain officer was involved in the <a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21560721/safemoon-spikes-20-5-after-ceo-discloses-involvement-in-dogecoin-spacex-partnership" style="text-decoration-line:none">Dogecoin and SpaceX partnership</a>.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/21/05/21291152/elon-musks-starlink-can-help-scale-up-dogecoin-without-protocol-changes-proposes-researche" style="text-decoration-line:none">Elon Musk&#39;s Starlink Can Help Scale Up Dogecoin Without Protocol Changes, Proposes Researcher</a>

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Dogecoin-SpaceX 'To The Moon' Mission Will Involve Selling 'Space Art' As NFTs

The global cryptocurrency market capitalization fell 6% to $1.6 trillion on Wednesday night as major coins saw a decline, but digital collateral token Amp (AMP) continued its upward march.
What Happened: The apex cryptocurrency, <a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment/" style="text-decoration-line:none">Bitcoin</a> (BTC), traded 3.58% lower at $38,622.41 over 24 hours, while Ethereum (ETH) traded 5.44% lower at $2,395.71 in the same period.
Dogecoin (DOGE) traded 2.48% lower at $0.31 at press time over 24 hours and 8.16% lower on a seven-day trailing basis.
Even so, DOGE managed to register 1.02% and 2.98% gains against both BTC and ETH respectively.&nbsp;
AMP continued to appreciate and was up 12.2% at $0.11 at press time over 24 hours. In a seven-day window, the cryptocurrency has shot up 85.49%.
See Also: <a href="https://www.benzinga.com/money/how-to-buy-amp-amp/" style="text-decoration-line:none">How To Buy Amp (AMP)</a>
AMP was up 16.17% and 18.43% against BTC and ETH respectively over 24 hours.
Why It Matters: Amp claims to be able to collateralize any type of asset transfer &mdash; digital or physical. The token of the project has risen 1,580.67% since the year began.
Last week, AMP was <a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21504554/amp-token-price-has-surged-787-this-year-what-you-need-to-know" style="text-decoration-line:none">listed on the Pro platform</a> of Coinbase Global Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/coin#NASDAQ">COIN</a>), which gave the price a major push.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21581692/metal-fan-bitcoiners-meeting-with-el-salvador-president-sparks-up-crypto-twitter" style="text-decoration-line:none">Metal-Fan Bitcoiner&#39;s Meeting With El Salvador President Sparks Up Crypto Twitter</a>
The cryptocurrency has broken out of the ascending triangle and is looking to bounce where formerly at the <a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21593850/what-is-amp-token-and-where-might-it-be-headed" style="text-decoration-line:none">10 cent point of resistance</a>, as per Benzinga&rsquo;s Tyler Bundy.
A decline in major cryptocurrencies is being widely attributed to a general pullback in assets after traders focused on Fed officials&rsquo; revised projection for hikes in interest rates by the end of 2023.
Edward Moya, senior market analyst at Oanda said in a note&nbsp;that he expects risk assets including cryptocurrencies to see short-term pressure due to inflation.
While eleven Fed members see no change to interest rates through at least 2022, five forecast rates will rise by 0.25% by end of 2022 and two see a 0.5% rise. All but five members see <a href="https://www.benzinga.com/news/21/06/21593776/fed-maintains-interest-rates-continues-asset-purchases-forecasts-2023-rate-hike" style="text-decoration-line:none">at least one rate hike</a> by the end of 2023.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21560924/dogecoin-bear-barry-silbert-says-99-of-cryptocurrencies-are-overpriced" style="text-decoration-line:none">Dogecoin Bear Barry Silbert Says 99% Of Cryptocurrencies Are Overpriced</a>

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Amp Crypto Continues To Strike Gains As Bitcoin, Ethereum, Dogecoin Drop Lower

A blockchain developed by the world&#39;s top crypto exchange Binance will host the&nbsp;non-fungible marketplace dedicated to the Marvel superhero universe owned by Walt Disney Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>).
What Happened: According to a Tuesday <a href="https://www.globenewswire.com/news-release/2021/06/15/2247670/0/en/NFT-Marvel-Marketplace-The-next-frontier-for-Fans-of-Marvel.html">announcement</a>, the NFT Marvel Marketplace will offer traders, collectors, and fans of the Marvel universe a way to own a piece of it through tokenized artwork.
The marketplace will be built on the Binance smart chain and &mdash; consequently &mdash;&nbsp;powered by the Binance Coin (CRYPTO: BNB).
Why It Matters: The NFT Marvel Marketplace will also feature the Marvel Fan Token (CRYPTO: MV), which will be earned on each interaction with the ecosytem and holding, which will allow the holder to periodically receive free NFTs.
The platform&#39;s users can upload artwork themselves&nbsp;and will be assisted by artificial intelligence in creating and selling it. Users will also be able to send their NFTs as gifts.
Read also: <a href="https://www.benzinga.com/money/what-is-a-non-fungible-token-nft/">What are NFTs?</a>
Each trade on the NFT Marvel Marketplace has to sustain a 6% fee, and 2% goes to all MV holders as MV; 2% foes to&nbsp;the liquidity pool on the Pancake Swap decentralized exchange, while 2% will be burned.&nbsp;

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NFT Marvel Marketplace Launches On Binance

What Happened: Bitcoin rallied as much as 20% last weekend, reclaiming $40,000 for the first time in two weeks, but traders appeared cautious about the outlook for the market-leading cryptocurrency.
<blockquote class="twitter-tweet"><a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a>&#39;s phenomenal recovery over the past few days means that a potential Death Cross has been pushed back to late July<a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/NJAumCEwXh">pic.twitter.com/NJAumCEwXh</a>
&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1404863268372553730?ref_src=twsrc%5Etfw">June 15, 2021</a></blockquote>
Popular crypto analyst Rekt Capital said on Twitter that Bitcoin&rsquo;s phenomenal recovery had pushed back an impending &ldquo;death cross&rdquo; to late July.
A death cross is a lagging technical indicator that appears when price action has already been less than optimal, but if confirmed, it could <a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21475197/is-it-game-over-for-bitcoin-why-crypto-influencers-think-it-could-get-worse" style="color:#0563c1; text-decoration:underline">possibly</a> lead to an even further decline in price.
However, another crypto investor Lark Davis, pointed out that Bitcoin hasn&rsquo;t managed to successfully close above the 200 EMA, and a bullish scenario might not be confirmed just yet.
<blockquote class="twitter-tweet"><a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> failed to close above the 200 EMA (orange line), bulls still not in charge of the market. <a href="https://t.co/dMUeFd0vCP">pic.twitter.com/dMUeFd0vCP</a>
&mdash; Lark Davis (@TheCryptoLark) <a href="https://twitter.com/TheCryptoLark/status/1404964688039858176?ref_src=twsrc%5Etfw">June 16, 2021</a></blockquote>
In the event that a death cross does, in fact, play out later this year, Rekt Capital <a href="https://twitter.com/rektcapital/status/1399735607895769093" style="color:#0563c1; text-decoration:underline">estimated</a> another crash of over 50%, which would see Bitcoin under $20,000.
However, even in the most bearish scenario, some market proponents remained optimistic about the long-term outlook for Bitcoin.
&ldquo;I think it is likely that we are entering a new bear market. Will it lose its footing the way it did in 2018? Unlikely,&rdquo; said Tim Frost, founder of DeFi wealth management platform YIELD App, to Benzinga in an email.
Read also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21598500/uk-financial-advisors-would-never-recommend-investing-in-crypto-or-meme-stocks-poll">UK Financial Advisors Would Never Recommend Investing In Crypto Or &#39;Meme Stocks:&#39; Poll</a>
&ldquo;Things are very different now than they were then, we have a huge amount of institutional investment in the space, and possibly more if current filings with the SEC go through.&rdquo;
&ldquo;I do think though, that it has more to go,&rdquo; he added. &ldquo;Latest figures show that it was retail investors that were shaken out though, the whales and the long-term investors are staying put.&rdquo;
Price Action: Bitcoin was trading at $38,241&nbsp;at the time of writing, down 4.64% in the past 24-hours.
The market-leading cryptocurrency accounted for 45.39% of the crypto market with $38 billion in trading volume, according to <a href="https://coinmarketcap.com/currencies/bitcoin/" style="color:#0563c1; text-decoration:underline">CoinMarketCap</a>.

General

Bitcoin Recovery Pushes Death Cross Back To July, But Bulls Still Not In Charge, Say Crypto Analysts

<img alt="Fintech Header" src="https://cdn2.hubspot.net/hub/2786381/hubfs/Fintech%20Header.png?upscale=true&amp;width=800&amp;upscale=true&amp;name=Fintech%20Header.png" />
Quote To Start The Day: &quot;The journey of a thousand miles begins with one step.&rdquo;
Source: <a href="https://www.keepinspiring.me/famous-quotes/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">Lao Tzu</a>
One Big Thing In Fintech: Outside of perhaps China, right now the big use case for central bank digital currencies (CBDCs) seems to be just talking about them. Crypto is cool right now and people are interested in digital money, so government and central bank officials are also spending a lot of time talking about their visions of how fiat currencies could be brought into this new realm.
Source: <a href="https://www.bloomberg.com/news/articles/2021-06-15/the-big-difference-between-a-digital-dollar-and-a-cbdc?sref=TBDibEcD&amp;utm_medium=email&amp;utm_campaign=article_email&amp;utm_content=article-5822&amp;utm_source=sg&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">Bloomberg</a>
<img src="https://cdn2.hubspot.net/hub/2786381/hubfs/giphy-Jun-16-2021-10-41-50-67-PM.gif?upscale=true&amp;width=800&amp;upscale=true&amp;name=giphy-Jun-16-2021-10-41-50-67-PM.gif" />
Other Key Fintech Developments:
<ul>
<li>Checkout.com has <a href="https://www.pymnts.com/news/partnerships-acquisitions/2021/checkout-com-acquires-estonian-software-development-firm-icefire/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">acquired</a> Icefire.</li>
<li>Small Exchange <a href="https://www.businesswire.com/news/home/20210616005627/en/The-Small-Exchange-Continues-to-Innovate-With-First-Cannabis-Equity-Index-Future-Product-S420-for-Small-Investors?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">added</a> pot futures.</li>
<li>Fox <a href="https://www.coindesk.com/fox-tv-puts-100m-behind-its-nft-driven-blockchain-experiment?utm_medium=email&amp;utm_campaign=article_email&amp;utm_content=article-5822&amp;utm_source=sg&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">throws</a> $100M on NFT project.</li>
<li>ClearEstate <a href="https://www.prnewswire.com/news-releases/estate-settlement-fintech-clearestate-raises-c2-5m-seed-extension-to-accelerate-growth-for-saas-solution-in-north-america-301313194.html?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">raises</a> seed for growth.</li>
<li>SEC seeks <a href="https://www.theblockcrypto.com/linked/108643/sec-more-comment-bitcoin-etf-vaneck?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">comments</a> on BTC ETF.</li>
<li>A16z <a href="https://www.theblockcrypto.com/linked/108543/a16z-backs-defi-project-goldfinch-which-aims-to-reshape-lending?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">backs</a> DeFi project Goldfinch.</li>
<li>The <a href="https://www.finos.org/state-of-open-source-in-financial-services-survey-2021?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">state</a> of open source in finance.</li>
<li>Investment Metrics <a href="https://www.finextra.com/pressarticle/88137/investment-metrics-launches-factor-based-change-analysis-tool?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">launching</a> tech.</li>
<li>PayPal vets <a href="https://www.finextra.com/newsarticle/38260/paypal-vets-launch-decentralised-cross-border-payment-network?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">launch</a> payments tech.</li>
<li>2021 already <a href="https://sifted.eu/articles/european-fintech-record-2021/?utm_source=Sifted&amp;utm_campaign=ca2d366b74-EMAIL_CAMPAIGN_2021_06_15_10_05&amp;utm_medium=email&amp;utm_term=0_3d44334990-ca2d366b74-378530658&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">record</a> year for fintech.</li>
<li>Honey <a href="https://techcrunch.com/2021/06/16/honey-insurance-launches-with-15-5m-aud-the-largest-seed-round-ever-for-an-australian-tech-startup/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">launches</a> with $15.5M AUD.</li>
<li>Maxine Waters <a href="https://www.theblockcrypto.com/linked/108614/new-crypto-working-group-in-congress-will-feature-blockchain-caucus-fintech-task-force-leadership?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">honing</a> in on crypto.</li>
<li>SocGen to <a href="https://www.finextra.com/newsarticle/38266/socgen-to-overhaul-global-transaction-banking-business-with-temenos?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">overhaul</a> bank business.</li>
<li>Upflow <a href="https://www.crowdfundinsider.com/2021/06/176630-paris-based-fintech-upflow-which-addresses-late-payments-secures-15m-from-9yards-capital-others/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">secures</a> $15M from 9yards.</li>
<li>NAFCU <a href="https://www.businesswire.com/news/home/20210616005046/en/NAFCU-Services-Announces-Upstart-as-a-Preferred-Partner-for-their-AI-Lending-Platform-for-Credit-Unions?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">added</a> Upstart as a partner.</li>
<li>Cboe <a href="https://www.marketsmedia.com/cboe-extends-global-trading-hours/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">extends</a> global trading hours.</li>
<li>SMB startup Novo <a href="https://finledger.com/2021/06/16/novo-closes-on-40-7m-series-a/?utm_campaign=Newsletter%20-%20Daily&amp;utm_medium=email&amp;_hsmi=134225009&amp;utm_content=134225009&amp;utm_source=hs_email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">closes</a> Series A.</li>
<li>10x looks toward <a href="https://www.cnbc.com/2021/06/16/ex-barclay-ceo-fintech-10x-raises-187-million-usd.html?utm_source=Sailthru&amp;utm_medium=email&amp;utm_campaign=Issue%3A%202021-06-16%20Banking%20Dive%20%5Bissue%3A34878%5D&amp;utm_term=Banking%20Dive&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">growth</a> post-raise.</li>
<li>FamPay fintech <a href="https://techcrunch.com/2021/06/15/fampay-a-fintech-aimed-at-teens-in-india-raises-38-million/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=fed_talk&amp;utm_term=2021-06-16&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">raises</a> $38M round.</li>
<li>Libro Credit Union <a href="https://www.globenewswire.com/news-release/2021/06/16/2248342/0/en/Libro-Credit-Union-teams-with-MX-to-empower-financial-wellness-in-southwestern-Ontario.html?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">teamed</a> with MX.</li>
<li>BitDAO <a href="https://www.theblockcrypto.com/linked/108602/bitdao-raise-peter-thiel-alan-howard-defi?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">adds</a> $230M for large DAO.</li>
</ul>
Watch Out For This: When you create a culture based on value-driven, intrinsic motivation, you&rsquo;ll have a happy, loyal, and inspired team.
Source: <a href="https://www.forbes.com/sites/forbeshumanresourcescouncil/2021/05/18/influence-your-organizational-culture-through-transformational-leadership/?utm_medium=Email&amp;utm_source=Marketing&amp;sh=5d36cf227977&amp;mkt_tok=MzAzLVFLTS00NjMAAAF9tMVxoEftB7bUdETohTSeEsNSU6LGvIBL-YZ9kBB_osSS80qW4n2Iy8BzKB8eFfuEufVGezJOstDPFfsrNITx-OfQhp4_EZgo1rm2WaAdpMA&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">Forbes</a>
<img src="https://cdn2.hubspot.net/hub/2786381/hubfs/giphy%20(1)-Jun-16-2021-10-41-51-53-PM.gif?upscale=true&amp;width=800&amp;upscale=true&amp;name=giphy%20(1)-Jun-16-2021-10-41-51-53-PM.gif" />
Interesting Reads:
<ul>
<li>You should <a href="https://www.influencive.com/why-every-fintech-company-should-have-an-affiliate-program/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">add</a> an affiliate program.</li>
<li><a href="https://www.theverge.com/2021/6/7/22522864/apple-wallet-iphone-airport-ids-hotel-key-card-ios-15-wwdc?_hsmi=134041071&amp;utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">Using</a> an iPhone as ID at the airport.</li>
<li>Andreessen: Tech <a href="https://future.a16z.com/technology-saves-the-world/?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">saving</a> the world.</li>
<li>China <a href="https://www.bloomberg.com/news/articles/2021-06-16/china-is-quietly-stepping-up-its-interventions-in-markets?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">adding</a> to market intervention.</li>
<li>Yellen still <a href="https://www.bloomberg.com/news/articles/2021-06-16/yellen-argues-capital-gains-hike-from-april-2021-not-retroactive?srnd=premium&amp;utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">floating</a> capital gains hike.</li>
<li>Prior COVID infections and <a href="https://www.axios.com/coronavirus-pandemic-vaccines-infections-herd-immunity-8e98a092-1539-46ab-a238-fee54e85b700.html?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">immunity</a>.</li>
<li>Biden talks <a href="https://www.theblockcrypto.com/linked/108588/biden-says-any-response-to-russia-based-ransomware-will-be-cyber-not-military?utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">response</a> to ransomware.</li>
</ul>
Market Moving Headline: Federal Reserve officials sped up their expected pace of policy tightening amid optimism about the labor market and heightened concerns for inflation.
Source: <a href="https://www.bloomberg.com/news/articles/2021-06-16/fed-holds-rates-at-zero-projects-two-hikes-by-the-end-of-2023?sref=TBDibEcD&amp;utm_campaign=Fintech%20-%20BZ%20Fintech%20Daily%20Beat&amp;utm_source=hs_email&amp;utm_medium=email&amp;_hsenc=p2ANqtz-9oRXnL-91KefU6UxiM5UXQlBJentjNjakjIwge8pkfbjG-ocjhytnTBSDtpHb2ifjE7I3e">Bloomberg</a>
<img src="https://cdn2.hubspot.net/hub/2786381/hubfs/giphy%20(2)-Jun-16-2021-10-41-52-35-PM.gif?upscale=true&amp;width=800&amp;upscale=true&amp;name=giphy%20(2)-Jun-16-2021-10-41-52-35-PM.gif" />

Federal Reserve

Fintech Focus For June 17, 2021

Nearly no UK independent financial advisers (IFAs) would recommend investing in cryptocurrencies or so-called &quot;meme stocks.&quot;
What Happened: According to a Wednesday Reuters report, while 95% of UK IFAs would never recommend investing in meme stocks, only 93% would never advise investing in cryptocurrencies.
The poll in question was conducted by a data platform, Opinium, and it involved 200 local advisors.
The poll also revealed that 91% of IFAs would be concerned if a customer admitted to investing in either crypto or meme stocks, with one-third reporting that they noticed an increased interest in cryptocurrencies from clients this year.
Why It Matters: Interest in meme stocks surged only according to 14% of the advisors.
Meme stocks are securities that rise thanks to being shared and recommended on social media among retail traders, as opposed to usual technical and fundamental analysis.
Read also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21524307/meme-stocks-are-back-in-demand-after-traders-circle-back-from-bitcoin">Meme Stocks Are Back In Demand After Traders Circle Back From Bitcoin</a>
The most famous one is GameStop Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gme#NYSE">GME</a>), which was bought en masse by retail traders motivated by an anti-establishment sentiment as they were trying to force major hedge funds out of business through a short squeeze.

Global

Analyst Ratings

Media

UK Financial Advisors Would Never Recommend Investing In Crypto Or 'Meme Stocks:' Poll

For years, Tesla has relied on word of mouth and its strong brand awareness as its main marketing plan of action. New comments from Elon Musk suggest the company could be considering commercials or some form of mainstream advertisements.
What Happened: A <a href="https://www.benzinga.com/news/21/06/21581470/elon-musk-says-new-hvac-firmware-coming-soon-in-tesla-evs-that-will-be-quieter">response </a>on Twitter Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/twtr#NYSE">TWTR</a>) from Tesla Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>) CEO Musk has prompted a discussion on whether&nbsp;the electric vehicle manufacturer will soon launch advertisements, according to&nbsp;<a href="https://www.teslarati.com/tesla-advertising-elon-musk-approval/">Teslerati</a>.
&ldquo;Most people have no idea just how good the Tesla air purification system is,&rdquo; Musk tweeted. The comment came in discussion of the car&rsquo;s <a href="https://finance.yahoo.com/news/hvac-could-become-teslas-next-203144098.html">HVAC system</a>.
&ldquo;Maybe we should advertise informationally just so people know stuff like this exists.&rdquo;
With a lack of information out on Tesla products and some disinformation, Tesla&rsquo;s commercials or advertisements would likely feature facts and figures about Tesla.&nbsp;
Related Link: <a href="https://www.benzinga.com/m-a/21/05/21025256/lucid-motors-and-other-tesla-ev-rivals-capitalize-on-elon-musk-snl-appearance-with-commercials-video">Lucid Motors And Other Tesla EV Rivals Capitalize On Elon Musk SNL Appearance With Commercials (Video)</a>
Why It&rsquo;s Important: Musk has been against&nbsp;Tesla commercials, and the company has been limited in the amount of information it provides to the media, disbanding its PR department last year.&nbsp;
While everyone knows Tesla as an electric vehicle manufacturer, specific advertisements centered on the company&rsquo;s energy storage, solar panel business or push into HVAC could help show the company is more than a car company.
The field of companies in the electric vehicle market is growing and many&nbsp;large automotive companies are investing heavily in manufacturing and also marketing campaigns.
Several companies spent big bucks on Super Bowl commercials to highlight electric vehicles.
Companies like Ford Motor Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/f#NYSE">F</a>) and Lucid Motors, which is merging with Churchill Capital Corp IV (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cciv#NYSE">CCIV</a>), aired&nbsp;electric vehicle <a href="https://www.benzinga.com/m-a/21/05/21025256/lucid-motors-and-other-tesla-ev-rivals-capitalize-on-elon-musk-snl-appearance-with-commercials-video">commercials </a>during Musk&rsquo;s appearance on &quot;Saturday Night Live.&quot;
Disclosure: Author is long shares CCIV.
Photo courtesy of Tesla.&nbsp;

CCIV

TWTR

Could Tesla Commercials Be Coming? Musk Suggests Advertising Under Consideration

Best Penny Stocks to Watch in Summer 2021
With Summer upon us, which <a href="https://pennystocks.com/">penny stocks</a> are investors buying right now? Well, there are quite a few answers to this question. The first thing to consider is the current trends in the market. While blue chips are often traded via fundamentals,&nbsp;<a href="http://www.pennystocks.com/">penny stocks</a>&nbsp;tend to trade more based on speculation.&nbsp;
For this reason, understanding geopolitical, industry-specific, and company-specific events, will be a major benefit to your portfolio. Right now, we have the pandemic coming to a close, long-term fear of inflation, and the market influence that retail traders now have. These three factors alone are some of the largest contributors to movement in the stock market in June 2021.
Looking at the impact of retail traders, many believe that we could completely skip the so-called &lsquo;Summer slump&rsquo;. This is the typical low volume and sideways movement pattern that we often see during the summer months. But, with so many <a href="https://pennystocks.com/featured/2021/06/16/4-penny-stocks-reddit-traders-buying-now/">traders on Robinhood, and those in communities on Reddit</a>, we could see more volume than usual in the coming two to three months.&nbsp;
In the past few months, we&rsquo;ve witnessed major movements with popular &lsquo;meme stocks&rsquo; as they&rsquo;re known. These are highly discussed companies on various social media. This includes companies such as AMC Entertainment Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/amc#NYSE">AMC</a>), GameStop Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gme#NYSE">GME</a>), and more recently, BlackBerry Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bb#NYSE">BB</a>) and Orphazyme ADR (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/orph#NASDAQ">ORPH</a>). It&rsquo;s worth noting that ORPH stock is highly volatile, and could be considered riskier than most. These four stocks have climbed substantially in the past six months, for the reason of them being well-known across Reddit, Twitter, and other social media websites. So, keep this in mind when looking for penny stocks to watch.
Next, we have the pandemic and the massive vaccine efforts that are in play. While it&rsquo;s difficult to say with certainty that Covid is almost over, declining case numbers globally mean that we could be near the end. For this reason, many investors are turning to reopening <a href="https://pennystocks.com/list-of-penny-stocks/">penny stocks</a> as a way to play the mid-term in the market. Considering all of these events, here are three top penny stocks for your Summer 2021 watchlist.&nbsp;
3 Penny Stock to Watch in Summer 2021
<ol>
<li>Vinco Ventures Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bbig#NASDAQ">BBIG</a>)&nbsp;</li>
<li>Citius Pharmaceuticals Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ctxr#NASDAQ">CTXR</a>)&nbsp;</li>
<li>Seanergy Maritime Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ship#NASDAQ">SHIP</a>)&nbsp;</li>
</ol>
Vinco Ventures Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bbig#NASDAQ">BBIG</a>)&nbsp;
Up by around 7% at midday on June 16th is a penny stock that we&rsquo;ve discussed frequently in the past few months. It&rsquo;s difficult to pinpoint just one industry that Vinco works in as its acquired companies are quite broad. However, it mostly invests in the areas of digital media and content tech. Its main strategy is what it called B.I.G. or Buy. Innovative. Grow.&nbsp;
This involves finding undervalued media and media tech companies, where it can then scale up operations and grow the company overall. In recent news, Vinco Ventures has been working on a merger with its subsidiary ZASH Global Media and Lomotif Private Ltd. This will be completed through Vinco and ZASH&rsquo;s joint venture known as ZVV Media Partners.&nbsp;
Only a few weeks before this, the company also announced its entrance into the NFT industry, with an exclusive release from the music artist Tory Lanez. This will be completed through Vinco&rsquo;s subsidiary, Emmersive Entertainment.&nbsp;
Tory Lanez states that &ldquo;countless people have attempted to enter the NFT space after my success with the format, but didn&rsquo;t understand what it was. They treated it as a money grab instead of learning how best to utilize the technology. NFTs are not a here today, gone tomorrow trend, but rather represent the future of digital distribution and beyond.&rdquo; Considering these two large advancements, (BBIG) continues to be a popular penny stock to watch. Whether it deserves a spot on your watchlist, however, is up to you.&nbsp;
Citius Pharmaceuticals Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ctxr#NASDAQ">CTXR</a>)&nbsp;
Citius Pharmaceuticals is another penny stock that is frequently talked about across social media. In the past month, shares of (CTXR) stock have shot up by a solid 60% or so and in the past six months, by over 190%. For some context, (CTXR) is a&nbsp;<a href="https://pennystocks.com/featured/2021/06/13/best-penny-stocks-to-buy-4-to-watch-this-week-potential-catalysts/">biotech penny stock</a>&nbsp;working on anti-infective compounds. This includes its drug known as Mino-Lok, which is an antibiotic lock solution in use for the treatment of catheter-related bloodstream infections.&nbsp;
According to data released a few weeks ago, (CTXR) has a planned interim analysis for the Phase 3 trial of Mino-Lok scheduled for the end of this month. With over 80% enrollment in the trial, this Phase 3 data will show how well the trial is designed and how efficacious Mino-Lok is at treating this ailment. And, the company expects to receive data from the Independent Data Monitoring Committee or DMC by its scheduled meeting date of June 29th.&nbsp;
Myron Holubiak, CEO of Citius states that &ldquo;we look forward to feedback from the DMC following their review of the trial data.&rdquo; While catheter-related infections are not the most common illness around, the number of those affected by this is quite large. Considering its position in this unique market, (CTXR) could be worth keeping an eye on.&nbsp;

Seanergy Maritime Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ship#NASDAQ">SHIP</a>)&nbsp;

Up by almost 30% in the past month and over 145% YTD is Seanergy Maritime Holdings Corp. Seanergy is a pure-play Capesize ship-owner operating a modern fleet of vessels that provide dry-bulk transportation services. Its operating fleet has an average age of 11.8 years with an aggregate cargo-carrying capacity of around 2.82 million dwt. Big news came out last week when Seanergy announced that it had taken delivery of two Capesize vessels. These vessels will both be up and running within the very near future.&nbsp;
Stamatis Tsantanis, the CEO of Seanergy states that &ldquo;I am pleased to announce the timely delivery of our fourteenth and fifteenth Capesize vessels and the immediate commencement of their respective period employments. We are also excited to initiate business relationships with two additional reputable charterers. Including these deliveries, 87% of our operating fleet is employed under advantageous medium to long-term charters.&rdquo; On top of this, the company has secured financing for these recent acquisitions, which should help both its balance sheet and liquidity in the long run.&nbsp;
Tsantanis goes on to state that &ldquo;we believe Seanergy is optimally positioned to take advantage of the rising market conditions.&rdquo; With the pandemic coming to an end, many industries can resume full operations. This means that the need for raw goods and therefore dry bulk transport could increase substantially in the coming months. With this exciting update in mind, (SHIP) stock could be an interesting addition to your watchlist.
Which Penny Stocks Are You Watching Right Now?
While a lot is going on in the stock market right now, plenty of penny stocks and blue chips are showing strong momentum. This is characterized by high volumes and large intraday spikes in value.&nbsp;

<a href="https://pennystocks.com/category/top-penny-stocks-2021/">Finding the best penny stocks to buy</a> all comes down to knowing where to look. But, with the internet at our fingertips, anyone can have access to the same information as pro trades. Considering this, which penny stocks are you watching right now?

Penny Stocks

Small Cap

BBIG

CTXR

ORPH

SHIP

Top 3 Penny Stocks to Buy Right Now for Your 2021 Summer Watchlist

<h3>GAINERS:</h3>
<ul>
<li><a href="https://quotes.benzinga.com/quote/EPWCF" target="_blank">Empower Clinics</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/epwcf#OTC">EPWCF</a>) shares closed up 22.9% at $0.6</li>
<li><a href="https://quotes.benzinga.com/quote/CHOOF" target="_blank">Choom Holdings</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/choof#OTC">CHOOF</a>) shares closed up 7.29% at $0.07</li>
<li><a href="https://quotes.benzinga.com/quote/LVCNF" target="_blank">Leviathan Natural Prods</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/lvcnf#OTC">LVCNF</a>) shares closed up 6.37% at $0.47</li>
<li><a href="https://quotes.benzinga.com/quote/MGCLF" target="_blank">MGC Pharmaceuticals</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/mgclf#OTC">MGCLF</a>) shares closed up 4.55% at $0.03</li>
<li><a href="https://quotes.benzinga.com/quote/CNPOF" target="_blank">RIV Capital</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cnpof#OTC">CNPOF</a>) shares closed up 4.28% at $1.45</li>
<li><a href="https://quotes.benzinga.com/quote/EMHTF" target="_blank">Emerald Health</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/emhtf#OTC">EMHTF</a>) shares closed up 4.23% at $0.18</li>
<li><a href="https://quotes.benzinga.com/quote/VVCIF" target="_blank">VIVO Cannabis</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/vvcif#OTC">VVCIF</a>) shares closed up 4.18% at $0.11</li>
<li><a href="https://quotes.benzinga.com/quote/CRBP" target="_blank">Corbus Pharmaceuticals</a>&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crbp#NASDAQ">CRBP</a>) shares closed up 3.4% at $2.13</li>
</ul>
<h3>LOSERS:</h3>
<ul>
<li><a href="https://quotes.benzinga.com/quote/IVITF" target="_blank">Invictus MD Strategies</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ivitf#OTC">IVITF</a>) shares closed down&nbsp;11.86% at $0.05</li>
<li><a href="https://quotes.benzinga.com/quote/GHG" target="_blank">GreenTree Hospitality Gr</a>&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ghg#NYSE">GHG</a>) shares closed down 8.72% at $12.87</li>
<li><a href="https://quotes.benzinga.com/quote/ELLXF" target="_blank">Elixinol Wellness</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ellxf#OTC">ELLXF</a>) shares closed down 8.54% at $0.10</li>
<li><a href="https://quotes.benzinga.com/quote/NCNNF" target="_blank">48North Cannabis</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ncnnf#OTC">NCNNF</a>) shares closed down 8% at $0.13</li>
<li><a href="https://quotes.benzinga.com/quote/CURR" target="_blank">CURE Pharmaceutical Hldg</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/curr#OTC">CURR</a>) shares closed down 7.72% at $0.71</li>
<li><a href="https://quotes.benzinga.com/quote/CNVCF" target="_blank">BioHarvest Sciences</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cnvcf#OTC">CNVCF</a>) shares closed down 7.02% at $0.23</li>
<li><a href="https://quotes.benzinga.com/quote/TBPMF" target="_blank">Tetra Bio Pharma</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/tbpmf#OTC">TBPMF</a>) shares closed down 6.28% at $0.27</li>
<li><a href="https://quotes.benzinga.com/quote/UGRO" target="_blank">Urban-gro</a>&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ugro#NASDAQ">UGRO</a>) shares closed down 5.92% at $9.37</li>
<li><a href="https://quotes.benzinga.com/quote/INLB" target="_blank">Item 9 Labs</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/inlb#OTC">INLB</a>) shares closed down 4.55% at $3.15</li>
<li><a href="https://quotes.benzinga.com/quote/NXGWF" target="_blank">Next Green Wave Holdings</a>&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/nxgwf#OTC">NXGWF</a>) shares closed down 4.29% at $0.67</li>
</ul>
<a href="https://www.benzinga.com/cannabis/stocks/">Check out a full list of cannabis stock movers in real time following this link.</a>
Lead image by Ilona Szentivanyi. Copyright: Benzinga.

Cannabis

After-Hours Center

CHOOF

CNPOF

CNVCF

CRBP

CURE PHARMA HLDG CORP by CURE Pharmaceutical Holding Corp.

CURR

ELLXF

EMERALD HEALTH THERAPUTCS by Emerald Health Therapeutics Inc.

EMHTF

EMPOWER CLINICS INC by Empower Clinics Inc.

EPWCF

INLB

IVITF

LVCNF

MGCLF

NCNNF

NXGWF

TETRA BIO-PHARMA INC ORD by Tetra Bio-Pharma Inc.

TBPMF

UGRO

VVCIF

Cannabis Stock Gainers And Losers From June 16, 2021

Cannabis tech firm WM Holding Company, LLC (WMH) known for its Weedmaps brand, is now trading on the Nasdaq. The milestone was&nbsp;made possible by the company&rsquo;s completion of its previously announced merger with investment management firm Silver Spike Acquisition Corp (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sspk#NASDAQ">SSPK</a>).&nbsp;
The completed deal, which received unanimous approval from Silver Spike&rsquo;s board, began trading on the Nasdaq under the MAPS ticker at Wednesday&#39;s&nbsp;opening bell.
WMH CEO Chris Beals said the combination should further advance the company&#39;s mission to &quot;power a transparent and inclusive global cannabis economy, further solidify our position as a leading technology platform to the cannabis industry, and accelerate our growth.&quot;
Scott Gordon, Silver Spike&#39;s CEO and chairman, added that the deal helps further establish Weedmaps as a leader in online listings for consumers and companies.
&quot;WMH is uniquely positioned to deliver on its vision of helping licensed cannabis businesses thrive while driving growth and returns for shareholders,&quot; Gordon said.
&nbsp;
&nbsp;
Image source: Company press release&nbsp;

SSPK

Weedmaps Cannabis Co. Debuts On Nasdaq After Merger With Spike Silver Acquisition Corp

23andMe, Inc., a leading consumer genetics and research company, and VG Acquisition Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VGAC#NYSE">VGAC</a>), a special purpose acquisition company sponsored by Virgin Group, today announced the completion of their previously announced business combination. The transaction, which was approved on June 10, 2021 by VG Acquisition Corp.&#39;s shareholders, uniquely positions 23andMe to revolutionize personalized healthcare and therapeutic development through human genetics. The combined company is called 23andMe Holding Co. and will be traded on The Nasdaq Global Select Market (&quot;Nasdaq&quot;) beginning on June 17, 2021 under the new ticker symbol &quot;ME&quot; for its Class A Common shares and &quot;MEUSW&quot; for its public warrants. 
&nbsp;
23andMe raised approximately&nbsp;$592 million&nbsp;in gross proceeds to fuel growth and expansion in the company&#39;s consumer health and therapeutics businesses. Capital from the transaction will also be used to invest in the Company&#39;s unique genetic and phenotypic database to help accelerate personalized healthcare at scale. CEO Anne Wojcicki and 23andMe&#39;s management team will continue to lead the combined company.
&quot;23andMe was founded to revolutionize healthcare by empowering people with direct access to their DNA,&quot; said Anne Wojcicki, CEO and Co-Founder of 23andMe. &quot;Over 11 million people have joined 23andMe and are part of the community that is using genetics to transform how we diagnose, treat and prevent human disease. As we enter the next phase as a public company, we have the opportunity to expand our impact by bringing personalized healthcare directly to everyone.&quot;
&quot;As one of the earliest investors in 23andMe, I&#39;ve long believed in its vision to transform the future of healthcare,&quot; said Sir Richard Branson, Virgin Group Founder. &quot;I&#39;ve seen first-hand the transformative impact 23andMe has in paving the way for many more people to be proactive about their health and wellbeing. There are huge growth opportunities ahead, and with Anne and the rest of the incredible management team at the helm, I&#39;m confident they will continue to innovate and disrupt the industry, creating a lasting impact on many people&#39;s lives. We look forward to continuing our partnership as 23andMe begins life as a public company.&quot;
As part of the business combination, Evan Lovell, Chief Investment Officer of Virgin Group and Chief Financial Officer of VG Acquisition Corp., and Peter Taylor, President of ECMC Foundation, a nonprofit corporation dedicated to educational attainment for low-income students and former Chief Financial Officer for the University of California system, will join the 23andMe Board of Directors (the &quot;Board&quot;). Lovell and Taylor will join existing directors Roelof Botha, Patrick Chung, Richard Scheller, Neal Mohan and Anne Wojcicki on the Board.

Contracts

VGAC

VG Acquisition Successfully Closes its Business Combination With 23andMe

Steve Hanke &mdash; the professor of applied economics at Johns Hopkins University who served as a senior economist under President Ronald Reagan from 1981 to 1982 &mdash; said that&nbsp;Bitcoin&nbsp;(CRYPTO: BTC) adoption could &quot;completely collapse the economy&quot; of El Salvador.
He has gone as far as to say that &quot;dark forces are clearly behind this.&quot;
What Happened:&nbsp;During an interview with financial news outlet Kitco News&nbsp;<a href="https://www.kitco.com/news/2021-06-15/Legalizing-Bitcoin-will-completely-collapse-El-Salvador-s-economy-Steve-Hanke.html" target="_blank">published</a>&nbsp;on Tuesday, Hanke said that El Salvador&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21486534/el-salvador-becomes-first-country-in-the-world-to-adopt-bitcoin-as-legal-tender" target="_blank">becoming</a>&nbsp;the world&#39;s first country to adopt Bitcoin as its legal tender a week ago, could be very bad news for its economy.
He warned that Bitcoin holders from China and Russia could now use the country&#39;s infrastructure as a way to cash out their coins:
&ldquo;It has the potential to completely collapse the economy because all the dollars in El Salvador could be vacuumed up and there&#39;d be no money in the country. They don&#39;t have a domestic currency.&rdquo;
In March, Hanke <a href="https://www.nationalreview.com/2021/03/beyond-bitcoin-its-time-for-cryptocurrency-boards/">described</a> Bitcoin as a speculative asset &ldquo;with a fundamental value of zero,&rdquo; and he bashed the coin again in an April <a href="https://twitter.com/steve_hanke/status/1381398954538045443">tweet</a> stating that &ldquo;cryptocurrencies are the future of money. Bitcoin is not.&rdquo;
During yesterday&#39;s interview, he said that the elected representatives in El Salvador are &quot;in a word, stupid&quot; and questioned how Bitcoin could act as a legal tender in daily transactions where most citizens rely on cash.&nbsp;
&ldquo;You&#39;re not going to pay for your taxi ride with a Bitcoin. It&#39;s ridiculous [...] You&#39;ve got 70 percent of the people in El Salvador don&#39;t even have bank accounts,&quot; he added.
Statements&nbsp;<a href="https://www.youtube.com/watch?v=DiZZou1KoAs" target="_blank">released</a>&nbsp;yesterday by the Central American Bank for Economic Integration suggest the same Hanke.
The institution believes that El Salvador&#39;s adoption of Bitcoin &quot;creates many spaces and opportunities&quot; through innovation.
The organization announced that it would&nbsp;also form a technical advisory group to help the country in its adoption of Bitcoin.
Read also:&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21505576/el-salvador-plans-to-mine-bitcoin-using-energy-from-volcanoes">El Salvador Plans To Mine Bitcoin Using Energy From Volcanoes</a>
A major reason for the adoption of Bitcoin provided by El Salvador was to use it to power cross-border remittances, an idea that Hanke described as &quot;nonsensical.&quot;
He pointed out that Bitcoin will have to be instantly converted to dollars to be spent &mdash; completely ignoring that in many cases buying Bitcoin to send it to another country for it to be immediately sold for the local currency is often much cheaper than just wiring the money through traditional means.

Government

Econ #s

Economics

El Salvador's Decision On Bitcoin Is 'Nonsensical' And Could 'Collapse The Economy,' Economist Says

Offerings

Enerplus Files For Mixed Shelf Of Up To C2B

The state of Michigan is&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/21/03/20279420/why-michigan-is-the-most-exciting-state-for-online-sports-gambling?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+benzinga+%28Benzinga+News+Feed%29">considered </a>key for the online sports betting market as the most populous state where operations have launched.
The state has 12 online sports betting operators. Here&#39;s&nbsp;a look at the May sports betting figures for the Great Lakes State.&nbsp;
Related Link: <a href="https://www.benzinga.com/news/21/05/21071741/michigan-surpasses-1b-in-sports-betting-handle-in-one-year-what-investors-should-know">Michigan Surpasses $1B In Sports Betting Handle In One Year, What Investors Should Know&nbsp;</a>
May Sports Betting Statistics: Michigan online sports betting handle&nbsp;for the month of May totaled $237.6 million, down 4.9% from April.&nbsp;
The cooldown was expected after a strong winter start, according to <a href="https://www.playmichigan.com/michigan-online-sports-betting-handle-report-may-2021/">PlayMichigan</a>. The site said the numbers are expected to go higher heading into the fall with the start of&nbsp;football season.
Michigan&#39;s Winners And Losers: FanDuel, owned by Flutter Entertainment (OTC: <a class="ticker" href="https://www.benzinga.com/stock/pdypy#OTC">PDYPY</a>), led the way in May with $71.2 million in online betting handle, good for a market share of 30%.
DraftKings Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dkng#NASDAQ">DKNG</a>) ranked second in May with $66.7 million in online bets, good for a market share of 28.1%.
BetMGM, a joint venture from MGM Resorts International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mgm#NYSE">MGM</a>), ranked third for May with $51.6 million, representing a market share of 21.7%.
The big three players continued to dominate the state of Michigan representing market share of nearly 80%, with a&nbsp;big dropoff to fourth place.&nbsp;
The company that continues to struggle in the state of Michigan is Penn National Gaming (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/penn#NYSE">PENN</a>) with its Barstool Sportsbook brand. Barstool Sportsbook had market share of 7.7% in May from $18.2 million in online bets.
Barstool started hot in Michigan with 23.9% market share in January (10 days) before seeing its share drop each month to 13.3%, 11%, 9.9% and now 7.7%.
Only four of the 12 betting operators in Michigan saw increases in May handle compared to April. This lists included DraftKings, Golden Nugget Online Gaming (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gnog#NASDAQ">GNOG</a>) Rush Street Interactive (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rsi#NYSE">RSI</a>) BetRivers brand and the newer launched FourWinds.
Aiming For Profits: One area where Barstool Sports could have a leg up is that it isn&#39;t doing promotions that can bite into profitability.&nbsp;
DraftKings and FanDuel are both <a href="https://www.actionnetwork.com/legal-online-sports-betting/barstool-sportsbook-market-share-dropping-michigan">said </a>to be unprofitable in the state of Michigan.
As an example, DraftKings spent $2.7 million on promotions in Michigan for May, exceeding the $1.9 million in revenue it took in.
Benzinga&rsquo;s Take: After seeing a two-way race for the top and five or six key players in the state in the first two months, Michigan has quickly established a <a href="https://www.benzinga.com/news/21/04/20713021/michigan-online-sports-betting-march-figures-show-strength-for-several-players-and-one-surprising-de">pattern </a>of three&nbsp;big operators.&nbsp;
If other new states follow Michigan&#39;s pattern, there could be some upcoming mergers and acquisitions to consolidate some of the players in the online sports betting market.

Sports

DKNG

GNOG

PDYPY

PENN

Michigan Online Sports Betting: Big 3 Continue To Dominate, Barstool Sports Loses More Market Share

General Electric Renewable Energy And Continuum Green Energy Sign Large Wind Power Project In India

Item 5.07 Submission of Matters to a Vote of Security Holders.
&nbsp;
On June 11, 2021, ToughBuilt Industries, Inc., a Nevada corporation (the &ldquo;Company&rdquo;), held its virtual 2021 Annual Stockholders&rsquo; Meeting (the &ldquo;Meeting&rdquo;).
&nbsp;
As of the close of business on April 30, 2021, the record date for the determination of stockholders entitled to vote at the Meeting (the &ldquo;Record Date&rdquo;), there were 81,624,587 shares of the Company&rsquo;s common stock, par value&nbsp;$0.0001&nbsp;per share (the &ldquo;Common Stock&rdquo;), issued and outstanding, with each share entitled to one vote on each proposal at the Meeting, and nine shares of Series E Preferred Stock, par value&nbsp;$0.0001&nbsp;per share (the &ldquo;Series E Preferred&rdquo;), issued and outstanding, with such shares entitled to an aggregate of 3,602,466 votes on each proposal at the Meeting. Pursuant to the Certificate of Designation for the Series E Preferred, the Series E Preferred votes together with the Common Stock, as a single class, upon any matter submitted to the holders of Common Stock for a vote, except as provided by law, or by written consent in lieu thereof. Therefore, the Common Stock and Series E Preferred outstanding as of the Record Date were entitled to an aggregate of 85,227,053 votes on each proposal at the Meeting. At the Meeting, the combined holders of 49,443,394 shares of the voting stock entitled to notice of and to vote at the Meeting were represented in person or by proxy, representing approximately&nbsp;58%&nbsp;of the outstanding voting shares, and thereby a quorum pursuant to the Nevada Revised Statutes and the bylaws of the Company was present for the transaction of business at the Meeting.
&nbsp;
The final results for each of the matters considered at the Meeting were as follows:
&nbsp;
<table cellspacing="0" style="width:696.875px">
<tbody>
<tr>
<td style="text-align:justify; width:0.25in">&nbsp;</td>
<td style="width:0.25in">1.</td>
<td>Election of the five nominees to the Board:</td>
</tr>
</tbody>
</table>
&nbsp;
<table border="1" cellspacing="0" style="width:696.875px">
<tbody>
<tr>
<td>Name</td>
<td colspan="2" style="text-align:center">Votes For</td>
<td colspan="2" style="text-align:center">Votes Against</td>
<td colspan="2" style="text-align:center">Abstentions</td>
<td colspan="2" style="text-align:center">Broker Non-Votes</td>
</tr>
<tr>
<td style="text-align:left; width:139.375px">Michael Panosian</td>
<td style="text-align:center; width:111.5px">18,938,954</td>
<td style="text-align:center; width:111.5px">5,062,506</td>
<td style="text-align:center; width:111.5px">3,240,770</td>
<td style="text-align:center; width:111.5px">22,200,889</td>
</tr>
<tr>
<td style="text-align:left">Joshua Keeler</td>
<td style="text-align:center">18,691,011</td>
<td style="text-align:center">5,046,921</td>
<td style="text-align:center">3,504,298</td>
<td style="text-align:center">22,200,889</td>
</tr>
<tr>
<td style="text-align:left">Robert Faught</td>
<td style="text-align:center">19,115,611</td>
<td style="text-align:center">4,611,070</td>
<td style="text-align:center">3,515,549</td>
<td style="text-align:center">22,200,889</td>
</tr>
<tr>
<td style="text-align:left">Linda Moossaian</td>
<td style="text-align:center">19,134,932</td>
<td style="text-align:center">4,597,062</td>
<td style="text-align:center">3,510,236</td>
<td style="text-align:center">22,200,889</td>
</tr>
<tr>
<td style="text-align:left">William Placke</td>
<td style="text-align:center">19,272,369</td>
<td style="text-align:center">4,553,155</td>
<td style="text-align:center">3,416,706</td>
<td style="text-align:center">22,200,889</td>
</tr>
</tbody>
</table>
&nbsp;
Each director nominee was elected to serve as a director until the Company&rsquo;s 2022 annual meeting of stockholders, or until such person&rsquo;s successor is duly elected and qualified, or until such person&rsquo;s earlier resignation, death, or removal. Due to fact that directors are elected by a plurality of the votes cast, votes could only be cast in favor of or withheld from the nominees and thus votes against were not applicable.
&nbsp;
<table cellspacing="0" style="width:696.875px">
<tbody>
<tr>
<td style="text-align:justify; width:0.25in">&nbsp;</td>
<td style="width:0.25in">2.</td>
<td>Discretionary Reverse Stock Split within a Range of 1-for-2 to 1-for-10:</td>
</tr>
</tbody>
</table>
&nbsp;
<table align="CENTER" border="1" cellspacing="0" style="width:557.5px">
<tbody>
<tr>
<td colspan="2" style="text-align:center">Votes For</td>
<td colspan="2" style="text-align:center">Votes Against</td>
<td colspan="2" style="text-align:center">Abstentions</td>
</tr>
<tr>
<td style="text-align:center; width:163.547px">28,512,036</td>
<td style="text-align:center; width:163.547px">20,840,143</td>
<td style="text-align:center; width:163px">90,940</td>
</tr>
</tbody>
</table>
&nbsp;
The affirmative vote of the holders of a majority of the outstanding shares was required for approval. The proposal was not approved.
&nbsp;
<table cellspacing="0" style="width:696.875px">
<tbody>
<tr>
<td style="text-align:justify; width:0.25in">&nbsp;</td>
<td style="width:0.25in">3.</td>
<td>Increase in Authorized Common Stock to 500,000,000 Shares:</td>
</tr>
</tbody>
</table>
&nbsp;
&nbsp;
<table align="CENTER" border="1" cellspacing="0" style="width:557.5px">
<tbody>
<tr>
<td colspan="2" style="text-align:center">Votes For</td>
<td colspan="2" style="text-align:center">Votes Against</td>
<td colspan="2" style="text-align:center">Abstentions</td>
</tr>
<tr>
<td style="text-align:center; width:163.547px">27,941,204</td>
<td style="text-align:center; width:163.547px">21,362,231</td>
<td style="text-align:center; width:163px">139,684</td>
</tr>
</tbody>
</table>
&nbsp;
The affirmative vote of the holders of a majority of the outstanding shares was required for approval. The proposal was not

Stock Split

TBLT

ToughBuilt Industries Votes Down Reverse Stock Split

<h1>Steward Health Care to Acquire Five Hospitals in the Miami-Dade/Southern Broward Area From Tenet Healthcare</h1>
Acquisition of Tenet hospitals and hospital-affiliated operations will bring greater access to high-quality care in South Florida
Today, Steward Health Care System, LLC (Steward) and Tenet Healthcare Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THC#NYSE">THC</a>) announced that they have signed a definitive agreement regarding the acquisition by Steward of Tenet&#39;s five hospitals and related hospital operations in the Miami-Dade and Southern Broward counties. The transaction is Steward&#39;s first acquisition since finalizing full physician control and leadership of the organization in the summer of 2020.
Under the terms of the agreement, Steward will purchase five hospitals and their associated physician practices from Tenet for approximately&nbsp;$1.1 billion. The hospitals included in the sale are Coral Gables Hospital, Florida Medical Center, Hialeah Hospital, North Shore Medical Center and Palmetto General Hospital. The agreement also provides that Tenet&#39;s Conifer Health Solutions subsidiary will continue to provide revenue cycle management services to the five hospitals following completion of the transaction. Tenet&#39;s ambulatory facilities operated by United Surgical Partners International (USPI) in these markets will remain with Tenet and are not included in the transaction.
Founded by Ralph de la Torre, MD, who grew up in Florida as the son of Cuban immigrants, Steward Health Care&#39;s physician-controlled and -led model was built to unlock access to the highest-quality care at a sustainable cost. Steward is committed to providing personalized, ongoing medical services that improve patients&#39; physical, emotional, and mental wellbeing. As integrated care institutions, Steward&#39;s hospitals function on a community model, engaging with local employees and community groups as partners.
&quot;Throughout the COVID pandemic, we have been reminded of the critical role caregivers play in the health and wellness of our patients and our communities. We are eager to offer both patients and healthcare providers in South Florida the full support of the Steward network as we all seek to emerge stronger and healthier from the pandemic,&quot; said Dr. de la Torre. &quot;As a Floridian with close family ties to the area, I am proud of Steward&#39;s significant investment in the people of South Florida, whose tight-knit communities and vibrant diversity have always represented the very best of American culture.&quot;
In addition to Dr. de la Torre, several of Steward&#39;s senior leaders have close ties to South Florida. Those include Dr. Octavio Diaz, Steward&#39;s Chief Medical Officer, who previously practiced in South Florida and worked at several of the acquired facilities, and Mr. Rub&eacute;n J. King-Shaw, Jr., Steward&#39;s Chief Strategy Officer, who was the COO for Neighborhood Health Partnership before becoming Florida&#39;s Secretary of the Agency for Health Care Administration under Governor Jeb Bush.
&quot;As community anchors, our five hospitals in the Miami-Dade and Southern Broward counties have earned the trust of patients and physicians alike,&quot; said Ron A. Rittenmeyer, Tenet&#39;s Executive Chairman and CEO. &quot;We are pleased they will become part of Steward Health Care as the Company&#39;s first South Florida network, and we are confident they will continue to thrive.&quot;
Steward&#39;s operations will be directed by Sanjay Shetty, MD, president of Steward North America. Under Dr. Shetty, Steward Health Care is committed to offering employment to all hospital employees in good standing when the transaction is complete, with privileges continuing for all physicians in good standing on the medical staff. The transaction is anticipated to close in the&nbsp;third quarter&nbsp;of this year, subject to regulatory approvals and customary closing conditions.
&quot;Steward&#39;s physician-led model was built to put care back in the hands of the caregivers,&quot; said Dr. Shetty. &quot;We are looking forward to focusing on investments in infrastructure and new technology, as well as growing the physician network to make it even easier for patients and health care professionals to access and provide the care they deserve.&quot;
This transaction will bring Steward&#39;s total hospital count to 44 worldwide and more than double its presence in Florida as the five new facilities join Melbourne Regional Medical Center, Rockledge Regional Medical Center, and Sebastian River Medical Center on Florida&#39;s Space Coast. Steward&#39;s extensive network of hospitals, urgent care centers, skilled nursing facilities and substantial behavioral health services annually serves more than 12.3 million patients across the United States, Colombia and Malta through its more than 5,500 providers and 43,000 health care professionals.
Cautionary Statement (Tenet Healthcare)
This release contains &quot;forward-looking statements&quot; - that is, statements that relate to future, not past, events. In this context, forward-looking statements often address Tenet&#39;s expected future business and financial performance and financial condition, including statements relating to the timing of the transaction and its expected outcome, benefits and success, and often contain words such as &quot;expect,&quot; &quot;anticipate,&quot; &quot;assume,&quot; &quot;believe,&quot; &quot;budget,&quot; &quot;estimate,&quot; &quot;forecast,&quot; &quot;intend,&quot; &quot;plan,&quot; &quot;predict,&quot; &quot;project,&quot; &quot;seek,&quot; &quot;see,&quot; &quot;target,&quot; or &quot;will.&quot; Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Particular uncertainties that could cause Tenet&#39;s actual results to be materially different than those expressed in the Company&#39;s forward-looking statements include, but are not limited to, the impact of the COVID-19 pandemic and other factors disclosed under &quot;Forward-Looking Statements&quot; and &quot;Risk Factors&quot; in our Form 10-K for the year ended December 31, 2020, any subsequent Form 10-Q filings and other filings with the Securities and Exchange Commission.
About Steward Health Care
Steward Health Care&#39;s physician-owned and -led business model was built to unlock access to the highest-quality care at a sustainable cost, committed to providing personalized, ongoing medical services that positively impact patients&#39; physical, emotional, and mental wellbeing.
Founded in 2010 by Ralph de la Torre, M.D., Steward Health Care is the largest physician-owned health care network with more than 5,500 providers and 43,000 health care professionals empowering the health and wellness journey of 12.3 million patients a year through its extensive global network of hospitals, urgent care centers, skilled nursing facilities and substantial behavioral health services.
Based in Dallas, Steward currently operates 39 hospitals around the world, including 34 across Arizona, Arkansas, Florida, Louisiana, Massachusetts, Ohio, Pennsylvania, Texas and Utah, as well as five internationally within Malta and Colombia. For more information, visit&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.steward.org%2F&amp;esheet=52446691&amp;newsitemid=20210616005997&amp;lan=en-US&amp;anchor=www.steward.org&amp;index=1&amp;md5=b1d29c82aa1a24660ab84638c5d672f8">www.steward.org</a>.
About Tenet Healthcare
Tenet Healthcare Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THC#NYSE">THC</a>) is a diversified healthcare services company headquartered in Dallas with 108,000 employees. Through an expansive care network that includes United Surgical Partners International, we operate 65 hospitals and more than 450 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, imaging centers and other care sites and clinics. We also operate Conifer Health Solutions, which provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers and other clients. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve. For more information, please visit&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tenethealth.com%2F&amp;esheet=52446691&amp;newsitemid=20210616005997&amp;lan=en-US&amp;anchor=www.tenethealth.com&amp;index=2&amp;md5=4f4557ca7fb80602c6ded5722aa33f07">www.tenethealth.com</a>.
NOTE TO MEDIA:&nbsp;Interviews with Steward spokespeople are available upon request. Please contact Jen Crichton, Vice President of Communications, at&nbsp;<a href="mailto:jennifer.crichton@steward.org">jennifer.crichton@steward.org</a>&nbsp;or 469-341-8894.
<img alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20210616005997r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" />
View source version on businesswire.com:&nbsp;<a href="https://www.businesswire.com/news/home/20210616005997/en/">https://www.businesswire.com/news/home/20210616005997/en/</a>

Asset Sales

Tenet Healthcare Says Steward Health Care To Acquire 5 Hospitals From Co

Pfizer Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFE#NYSE">PFE</a>) and The Academic Research Organization (ARO) from the Hospital Israelita Albert Einstein today announced that the&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww-nejm-org.eu1.proxy.openathens.net%2Fdoi%2Ffull%2F10.1056%2FNEJMoa2101643%3Fquery%3Dfeatured_home&amp;esheet=52446376&amp;newsitemid=20210616005998&amp;lan=en-US&amp;anchor=New+England+Journal+of+Medicine&amp;index=1&amp;md5=110735efcbf764188713aabfbaaa8279">New England Journal of Medicine</a>&nbsp;has published positive findings from the STOP-COVID study (NCT04469114) evaluating the efficacy and safety of oral Janus kinase (JAK) inhibitor tofacitinib in 289 hospitalized adult patients with COVID-19 pneumonia who were not on ventilation.
The trial was a research collaboration between Pfizer and the ARO from the Hospital Israelita Albert Einstein in Sao Paulo, Brazil, which was the trial coordinating center. It is important to note that tofacitinib has not been approved or authorized for use by any regulatory authority worldwide for the treatment of COVID-19 and tofacitinib should not be used in patients with an active serious infection.
The trial demonstrated a lower cumulative incidence of death or respiratory failure through day 28 &ndash; the primary outcome of the study &ndash; with tofacitinib (18.1%) compared to placebo (29.0%) (risk ratio 0.63;&nbsp;95%&nbsp;confidence interval [CI], 0.41 to 0.97; p=0.04). Death from any cause through day 28 occurred in&nbsp;2.8%&nbsp;of patients in the tofacitinib group and in&nbsp;5.5%&nbsp;in the placebo group (hazard ratio 0.49;&nbsp;95%&nbsp;CI, 0.15 to 1.63).
Serious adverse events occurred in 20 patients (14.1%) in the tofacitinib group and 17 (12.0%) in the placebo group. Among protocol-specified adverse events of special interest, deep vein thrombosis, acute myocardial infarction, ventricular tachycardia, and myocarditis occurred in one patient each in the tofacitinib group; hemorrhagic stroke and cardiogenic shock occurred in one patient each in the placebo group. The incidence of serious infection was&nbsp;3.5%&nbsp;in the tofacitinib group and&nbsp;4.2%&nbsp;in the placebo group.
&quot;We are encouraged by the initial findings of our randomized trial of tofacitinib in patients hospitalized with COVID-19 pneumonia. These results provide new information which indicates that the use of tofacitinib when added to standard of care, which includes glucocorticoids, may further reduce the risk of death or respiratory failure in this patient population,&quot; said Otavio Berwanger, M.D., Ph.D., Director of the Academic Research Organization, Hospital Israelita Albert Einstein. &quot;The study builds on the hypothesis that JAK inhibition could mitigate systemic and alveolar inflammation in patients with COVID-19-related pneumonia.&quot;
&quot;To effectively combat the COVID-19 pandemic, there remains a critical need for multiple therapeutic options to treat patients who have contracted the virus,&quot; said Tamas Koncz, M.D., Ph.D., Chief Medical Officer, Pfizer Inflammation &amp; Immunology. &quot;As outlined in&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pfizer.com%2Fnews%2Fpress-release%2Fpress-release-detail%2Fpfizer-outlines-five-point-plan-battle-covid-19&amp;esheet=52446376&amp;newsitemid=20210616005998&amp;lan=en-US&amp;anchor=Pfizer%26%238217%3Bs+five-point+plan&amp;index=2&amp;md5=b6e0ef4cc53475329b993c6da547d002">Pfizer&#39;s five-point plan</a>&nbsp;at the onset of the COVID-19 pandemic, we are keenly focused on working across the healthcare ecosystem with partners like Hospital Israelita Albert Einstein. We look forward to our continued collaboration as we analyze the full dataset from this study and assess next steps.&quot;
The multi-center, randomized, double-blind, placebo-controlled trial included adult patients hospitalized with COVID-19 pneumonia receiving standard of care. Patients were randomized in a 1:1 ratio to receive either tofacitinib 10 mg twice daily plus standard of care or placebo twice daily plus standard of care for up to 14 days or until hospital discharge. Overall,&nbsp;89.3%&nbsp;used glucocorticoids during hospitalization, predominantly dexamethasone.
For additional information about the study (NCT04469114), please visit&nbsp;<a href="https://www.clinicaltrials.gov/">https://www.clinicaltrials.gov</a>.

Pfizer Highlights Data Published In New England Journal Of Medicine Shows Co's Tofacitinib Meets Primary Endpoint In Brazilian Study In Patients Hospitalized With COVID-19 Pneumonia

UONE

Urban One Files Prospectus Related To Offer, Sale From Time To Time Of Up To 2.9M Shares Of Common Stock

<a href="https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20210616-1401159/1401159_6-catm.pdf" title="https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20210616-1401159/1401159_6-catm.pdf">https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20210616-1401159/1401159_6-catm.pdf</a>

Two Harbors Investment Set To Join S&P Smallcap 600

<ul>
	<li>Red Cat Holdings, Inc.&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/rcat#OTC" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">RCAT</a>)&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/02/n19670888/red-cat-signs-definitive-agreement-to-acquire-skypersonic-and-its-fly-anywhere-drone-technologies" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">inked an agreement to acquire</a>&nbsp;drone products and software solutions provider Skypersonic, Inc.</li>
	<li>The financial terms of the acquisition remain undisclosed.</li>
	<li>Skypersonic&rsquo;s patented software and hardware solutions enable inspection services in restricted spaces inaccessible to GPS.&nbsp;&nbsp;</li>
	<li>Skypersonic&rsquo;s Skycopter is a minute caged drone to avoid damage. Its software system Skyloc allows drones to record and transmit data from long distances.&nbsp;&nbsp;</li>
	<li>Skypersonic&rsquo;s intellectual property portfolio includes eight U.S. and European patents.</li>
	<li>&ldquo;We continue to build a strong platform of products and services in the drone industry, which is forecast to reach $40 billion by 2025,&rdquo; said Red Cat CEO Jeff Thomson.</li>
	<li>The company subsidiary Fat Shark&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/01/n19094241/red-cat-partners-with-skypersonic-completes-long-distance-drone-flight-remotely" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">collaborated with Skypersonic</a>&nbsp;last month to complete a long-distance drone flight remotely.</li>
	<li>Price Action:&nbsp;RCAT shares are up 7% at $5.30 on the last check Tuesday.</li>
</ul>

Red Cat To Acquire Drone Company Skypersonic

Red Cat Holdings Late Thursday Priced 4M Shares Of Common Stock At $4/Share

Red Cat Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) (&quot;Red Cat&quot; or the &quot;Company&quot;), a hardware enabled, software provider to the drone industry, announced the signing of a letter of intent to acquire LuGus Studios, the developer of Liftoff, a flight simulation platform for drone pilot training. Liftoff enables student pilots to test and learn how to fly drones in a simulated environment without the cost and risk of flying a real drone.

Red Cat Holdings Signs Letter Of Intent To Acquire LuGus Studios; Terms Not Disclosed

WIIM

Shares of companies in the broader technology sector are trading lower as inflation concerns weigh on stocks for the session.

&nbsp;

<h3>Gainers</h3>

<ul>
	<li>MoSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOSY#NASDAQ">MOSY</a>) stock moved upwards by 43.94% to $4.16 during Friday&#39;s regular session. Trading volume for MoSys&#39;s stock is 43.0 million as of 12:30 EST. This is 3250.76% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $25.5 million.</li>
	<li>One Stop Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSS#NASDAQ">OSS</a>) shares moved upwards by 23.86% to $5.45. Trading volume for One Stop Systems&#39;s stock is 285.3K as of 12:30 EST. This is 63.73% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $100.8 million. As per the news, the Q1 earnings report came out yesterday.</li>
	<li>Intrusion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTZ#NASDAQ">INTZ</a>) shares increased by 22.94% to $10.93. Trading volume for Intrusion&#39;s stock is 265.7K as of 12:30 EST. This is 61.18% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $192.5 million.</li>
	<li>SemiLEDs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEDS#NASDAQ">LEDS</a>) stock moved upwards by 20.48% to $7.53. The current volume of 11.0 million shares is 249.32% of SemiLEDs&#39;s average full-day volume over the last 100 days (last updated at 12:30 EST). The market value of their outstanding shares is at $30.5 million.</li>
	<li>GTY Technology Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTYH#NASDAQ">GTYH</a>) stock moved upwards by 17.53% to $6.1. The current volume of 117.8K shares is 50.97% of GTY Technology Holdings&#39;s average full-day volume over the last 100 days (last updated at 12:30 EST). The company&#39;s market cap stands at $350.7 million. The company&#39;s, Q1 earnings came out yesterday.</li>
	<li>Riot Blockchain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) shares rose 17.27% to $26.07. Riot Blockchain&#39;s stock is trading at a volume of 14.8 million shares as of 12:30 EST. This is 55.21% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $2.1 billion.</li>
</ul>

&nbsp;

&nbsp;

<h3>Losers</h3>

&nbsp;

<ul>
	<li>Evolving Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVOL#NASDAQ">EVOL</a>) stock declined by 23.15% to $1.76 during Friday&#39;s regular session. Trading volume for this security as of 12:30 EST is 496.4K, which is 80.73% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $21.5 million. As per the news, the Q1 earnings report came out yesterday.</li>
	<li>Plantronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLT#NYSE">PLT</a>) shares decreased by 18.75% to $30.06. As of 12:30 EST, this security is trading at a volume of 2.8 million shares, making up 537.85% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $1.2 billion. The company&#39;s, Q4 earnings came out yesterday.</li>
	<li>Oblong (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OBLG#NASDAQ">OBLG</a>) stock declined by 16.38% to $3.37. As of 12:30 EST, this security is trading at a volume of 283.0K shares, making up 129.1% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $89.7 million. The company&#39;s, Q1 earnings came out yesterday.</li>
	<li>AudioEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEYE#NASDAQ">AEYE</a>) shares declined by 10.27% to $16.17. The current volume of 202.1K shares is 131.28% of AudioEye&#39;s average full-day volume over the last 100 days (last updated at 12:30 EST). The market value of their outstanding shares is at $173.6 million. The company&#39;s, Q1 earnings came out yesterday.</li>
	<li>BSQUARE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BSQR#NASDAQ">BSQR</a>) stock fell 6.31% to $2.08. Trading volume for BSQUARE&#39;s stock is 540.9K as of 12:30 EST. This is 57.35% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $27.8 million. As per the news, the Q1 earnings report came out yesterday.</li>
	<li>Red Cat Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) shares decreased by 4.94% to $3.08. The current volume of 67.5K shares is 22.23% of Red Cat Holdings&#39;s average full-day volume over the last 100 days (last updated at 12:30 EST). The company&#39;s market cap stands at $101.6 million.</li>
</ul>

&nbsp;

&nbsp;

Intraday Update

12 Information Technology Stocks Moving In Friday's Intraday Session

&nbsp;

<h3>Gainers</h3>

<ul>
	<li>Park City Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCYG#NASDAQ">PCYG</a>) shares moved upwards by 25.04% to $6.39 during Tuesday&#39;s regular session. As of 12:30 EST, Park City Gr&#39;s stock is trading at a volume of 366.0K, which is 740.01% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $124.9 million. The company&#39;s, Q3 earnings came out yesterday.</li>
	<li>3D Sys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DDD#NYSE">DDD</a>) shares increased by 15.05% to $26.13. 3D Sys&#39;s stock is trading at a volume of 9.4 million shares as of 12:30 EST. This is 176.06% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $3.2 billion.</li>
	<li>Materialise (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTLS#NASDAQ">MTLS</a>) stock increased by 13.05% to $26.93. Trading volume for this security as of 12:30 EST is 184.7K, which is 33.97% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $1.4 billion.</li>
	<li>GTT Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTT#NYSE">GTT</a>) shares moved upwards by 12.33% to $1.69. The current volume of 1.1 million shares is 24.53% of GTT Communications&#39;s average full-day volume over the last 100 days (last updated at 12:30 EST). The market value of their outstanding shares is at $99.1 million.</li>
	<li>Veritone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERI#NASDAQ">VERI</a>) stock rose 11.93% to $19.13. The current volume of 380.4K shares is 44.5% of Veritone&#39;s average full-day volume over the last 100 days (last updated at 12:30 EST). The company&#39;s market cap stands at $625.2 million.</li>
	<li>Paysafe (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSFE#NYSE">PSFE</a>) shares rose 11.44% to $12.31. Trading volume for Paysafe&#39;s stock is 4.7 million as of 12:30 EST. This is 77.05% of its average full-day volume over the last 100 days.</li>
</ul>

&nbsp;

&nbsp;

<h3>Losers</h3>

&nbsp;

<ul>
	<li>Luna Innovations (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNA#NASDAQ">LUNA</a>) shares fell 13.0% to $10.24 during Tuesday&#39;s regular session. Trading volume for Luna Innovations&#39;s stock is 371.5K as of 12:30 EST. This is 212.22% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $321.5 million. As per the press release, Q1 earnings came out yesterday.</li>
	<li>Red Cat Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) shares fell 5.96% to $2.68. Trading volume for Red Cat Holdings&#39;s stock is 80.5K as of 12:30 EST. This is 29.14% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $88.4 million.</li>
	<li>Tessco Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TESS#NASDAQ">TESS</a>) stock declined by 5.62% to $7.17. Tessco Technologies&#39;s stock is trading at a volume of 4.1K shares as of 12:30 EST. This is 14.12% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $63.2 million.</li>
	<li>Interlink Electronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LINK#NASDAQ">LINK</a>) stock fell 5.2% to $11.96. Trading volume for Interlink Electronics&#39;s stock is 6.4K as of 12:30 EST. This is 56.0% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $78.9 million.</li>
	<li>Net Element (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NETE#NASDAQ">NETE</a>) stock decreased by 4.35% to $10.66. As of 12:30 EST, Net Element&#39;s stock is trading at a volume of 100.2K, which is 25.07% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $55.5 million. The company&#39;s, Q1 earnings came out yesterday.</li>
	<li>ClearOne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLRO#NASDAQ">CLRO</a>) stock declined by 4.35% to $2.2. As of 12:30 EST, ClearOne&#39;s stock is trading at a volume of 121.2K, which is 48.75% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $41.3 million. As per the press release, Q1 earnings came out 3 days ago.</li>
</ul>

&nbsp;

&nbsp;

12 Information Technology Stocks Moving In Tuesday's Intraday Session

&nbsp;

<h3>Gainers</h3>

<ul>
	<li>Oblong (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OBLG#NASDAQ">OBLG</a>) stock rose 22.89% to $4.22 during Monday&#39;s pre-market session. The company&#39;s market cap stands at $112.1 million.</li>
	<li>BIO-key Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKYI#NASDAQ">BKYI</a>) stock moved upwards by 7.26% to $3.84. The market value of their outstanding shares is at $30.0 million.</li>
	<li>Information Services (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/III#NASDAQ">III</a>) shares increased by 6.33% to $6.21. The company&#39;s market cap stands at $298.1 million.</li>
	<li>MICT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MICT#NASDAQ">MICT</a>) stock moved upwards by 5.52% to $1.91. The company&#39;s market cap stands at $217.5 million. The company&#39;s, Q1 earnings came out today.</li>
	<li>Red Cat Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) stock moved upwards by 5.26% to $3.0. The company&#39;s market cap stands at $101.6 million.</li>
	<li>Addvantage Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEY#NASDAQ">AEY</a>) stock increased by 4.6% to $2.5. The company&#39;s market cap stands at $31.0 million.</li>
</ul>

&nbsp;

&nbsp;

<h3>Losers</h3>

&nbsp;

<ul>
	<li>Taitron Components (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TAIT#NASDAQ">TAIT</a>) shares fell 5.02% to $5.49 during Monday&#39;s pre-market session. The market value of their outstanding shares is at $31.9 million.</li>
	<li>GTT Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTT#NYSE">GTT</a>) stock fell 4.27% to $1.57. The company&#39;s market cap stands at $92.3 million.</li>
	<li>CLPS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLPS#NASDAQ">CLPS</a>) stock fell 3.42% to $3.96. The market value of their outstanding shares is at $75.9 million.</li>
	<li>Color Star Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCW#NASDAQ">CSCW</a>) stock declined by 2.89% to $1.01. The market value of their outstanding shares is at $91.2 million.</li>
	<li>Aehr Test Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) shares fell 1.86% to $2.12. The company&#39;s market cap stands at $50.0 million.</li>
	<li>Wrap Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRAP#NASDAQ">WRAP</a>) shares declined by 1.83% to $6.99. The company&#39;s market cap stands at $265.2 million.</li>
</ul>

&nbsp;

&nbsp;

Pre-Market Outlook

12 Information Technology Stocks Moving In Monday's Pre-Market Session

&nbsp;

<h3>Gainers</h3>

<ul>
	<li>Cloudera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLDR#NYSE">CLDR</a>) shares moved upwards by 23.4% to $15.87 during Tuesday&#39;s pre-market session. The company&#39;s market cap stands at $4.6 billion. The company&#39;s, Q1 earnings came out today.</li>
	<li>Datasea (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTSS#NASDAQ">DTSS</a>) stock increased by 15.07% to $2.9. The market value of their outstanding shares is at $62.2 million.</li>
	<li>Inpixon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INPX#NASDAQ">INPX</a>) stock increased by 7.54% to $1.14. The company&#39;s market cap stands at $127.3 million.</li>
	<li>Red Cat Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) stock increased by 5.53% to $2.67. The company&#39;s market cap stands at $90.4 million.</li>
	<li>MoSys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MOSY#NASDAQ">MOSY</a>) stock increased by 5.51% to $5.55. The company&#39;s market cap stands at $34.0 million.</li>
	<li>Xunlei (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XNET#NASDAQ">XNET</a>) shares moved upwards by 5.36% to $5.11. The company&#39;s market cap stands at $342.0 million.</li>
</ul>

&nbsp;

&nbsp;

<h3>Losers</h3>

&nbsp;

<ul>
	<li>SemiLEDs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEDS#NASDAQ">LEDS</a>) shares decreased by 13.75% to $11.92 during Tuesday&#39;s pre-market session. The market value of their outstanding shares is at $48.3 million.</li>
	<li>MagnaChip Semiconductor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MX#NYSE">MX</a>) shares declined by 3.38% to $22.9. The market value of their outstanding shares is at $1.0 billion.</li>
	<li>WISeKey Intl Hldg (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKEY#NASDAQ">WKEY</a>) stock fell 2.64% to $7.63. The market value of their outstanding shares is at $152.2 million.</li>
	<li>SeaChange International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEAC#NASDAQ">SEAC</a>) stock fell 2.59% to $1.13. The market value of their outstanding shares is at $54.3 million.</li>
	<li>TTM Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTMI#NASDAQ">TTMI</a>) stock fell 2.25% to $14.81. The company&#39;s market cap stands at $1.5 billion.</li>
	<li>MoneyGram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGI#NASDAQ">MGI</a>) shares declined by 2.05% to $9.6. The company&#39;s market cap stands at $764.8 million.</li>
</ul>

&nbsp;

&nbsp;

12 Information Technology Stocks Moving In Tuesday's Pre-Market Session

Management

Red Cat Holdings Names Allan Evans COO

<ul>
	<li>The drone industry&rsquo;s hardware-enabled software provider&nbsp;Red Cat Holdings Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>),&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/06/n21426257/red-cat-holdings-announces-appointment-of-allan-evans-as-chief-operating-officer" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">has appointed</a>&nbsp;Dr. Allan Evans as the company COO.</li>
	<li>Evans is also the CEO of the company&rsquo;s subsidiary, Fat Shark Holdings, Ltd.</li>
	<li>Price action:&nbsp;RCAT shares traded lower by 3.6% at $2.40 during the market session on the last check Friday.</li>
</ul>

Red Cat Names Subsidiary CEO Allan Evans as Company COO

&nbsp;

<h3>Gainers</h3>

<ul>
	<li>Veritone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERI#NASDAQ">VERI</a>) stock moved upwards by 8.33% to $19.5 during Monday&#39;s pre-market session. The market value of their outstanding shares is at $637.3 million.</li>
	<li>Microvision (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVIS#NASDAQ">MVIS</a>) stock rose 8.09% to $21.89. The company&#39;s market cap stands at $3.4 billion.</li>
	<li>Borqs Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRQS#NASDAQ">BRQS</a>) stock increased by 7.41% to $1.04. The market value of their outstanding shares is at $92.9 million.</li>
	<li>Atomera (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATOM#NASDAQ">ATOM</a>) shares moved upwards by 5.83% to $21.92. The company&#39;s market cap stands at $504.9 million.</li>
	<li>Red Cat Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) stock increased by 4.2% to $2.48. The market value of their outstanding shares is at $83.9 million.</li>
	<li>Clearfield (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLFD#NASDAQ">CLFD</a>) shares increased by 3.69% to $44.1. The company&#39;s market cap stands at $605.6 million.</li>
</ul>

&nbsp;

&nbsp;

<h3>Losers</h3>

&nbsp;

<ul>
	<li>MoneyGram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGI#NASDAQ">MGI</a>) shares decreased by 7.38% to $10.3 during Monday&#39;s pre-market session. The market value of their outstanding shares is at $820.6 million.</li>
	<li>MaxLinear (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MXL#NYSE">MXL</a>) stock decreased by 5.59% to $36.0. The company&#39;s market cap stands at $2.7 billion.</li>
	<li>One Stop Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSS#NASDAQ">OSS</a>) shares fell 4.43% to $5.4. The market value of their outstanding shares is at $99.9 million.</li>
	<li>Schmitt Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMIT#NASDAQ">SMIT</a>) stock fell 4.32% to $5.55. The market value of their outstanding shares is at $20.9 million.</li>
	<li>SemiLEDs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEDS#NASDAQ">LEDS</a>) stock fell 2.44% to $20.0. The market value of their outstanding shares is at $81.3 million.</li>
	<li>Powerbridge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBTS#NASDAQ">PBTS</a>) shares decreased by 2.3% to $1.28. The market value of their outstanding shares is at $58.6 million.</li>
</ul>

&nbsp;

&nbsp;

&nbsp;Red Cat Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) (&quot;Red Cat&#39;&#39; or the &quot;Company&quot;), a hardware enabled software provider to the drone industry, announced that it has been selected to join the Russell Microcap&reg; Index at the conclusion of the 2021 annual reconstitution, effective after the US market opens on&nbsp;June 28, according to a preliminary list of additions posted by FTSE Russell on&nbsp;Friday, June 4, 2021.

<a href="https://mma.prnewswire.com/media/1161263/Red_Cat_Holdings__Logo.html" target="_blank"><img alt="Red Cat Holdings Logo (PRNewsfoto/Red Cat Holdings, Inc.)" src="https://mma.prnewswire.com/media/1161263/Red_Cat_Holdings__Logo.jpg" /></a>

Membership in the Russell Microcap&reg; Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

&quot;We are excited to join the Russell 3000 index which is recognized as holding shares in the most promising, emerging technology companies,&quot; stated&nbsp;Jeffrey Thompson, Chief Executive Officer.&nbsp; &quot;The drone industry is forecast to grow significantly over the next decade and Red Cat is positioned to be a leading facilitator of that growth.&quot;

&quot;Our shareholders will benefit from an increase in demand and liquidity in our common stock as index funds replicate the new holdings in the Russell index,&quot; stated&nbsp;Joseph Hernon, Chief Financial Officer.&nbsp; &quot;Our inclusion in the Microcap index represents another step forward in our mission to be a leader in the drone industry.&quot;

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately&nbsp;$10.6 trillion&nbsp;in assets are benchmarked against Russell&#39;s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

Red Cat Holdings Set To Join Russell Microcap Index June 28

&nbsp;

<h3>Gainers</h3>

<ul>
	<li>ALFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALF#NASDAQ">ALF</a>) shares moved upwards by 10.55% to $3.77 during Tuesday&#39;s pre-market session.</li>
	<li>Vislink Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VISL#NASDAQ">VISL</a>) shares moved upwards by 5.38% to $3.13. The company&#39;s market cap stands at $142.8 million.</li>
	<li>Cheetah Mobile (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMCM#NYSE">CMCM</a>) stock rose 3.81% to $2.45. The market value of their outstanding shares is at $343.7 million. As per the press release, Q1 earnings came out 2 days ago.</li>
	<li>Corsair Gaming (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRSR#NASDAQ">CRSR</a>) shares increased by 3.27% to $37.18. The market value of their outstanding shares is at $3.4 billion.</li>
	<li>RF Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RFIL#NASDAQ">RFIL</a>) stock increased by 3.12% to $8.25. The market value of their outstanding shares is at $82.2 million. As per the news, the Q2 earnings report came out yesterday.</li>
</ul>

&nbsp;

&nbsp;

<h3>Losers</h3>

&nbsp;

<ul>
	<li>Nxt-ID (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXTD#NASDAQ">NXTD</a>) shares declined by 8.96% to $1.22 during Tuesday&#39;s pre-market session. The market value of their outstanding shares is at $65.0 million.</li>
	<li>Red Cat Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) stock declined by 6.82% to $3.28. The company&#39;s market cap stands at $111.0 million.</li>
	<li>Ping Identity Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PING#NYSE">PING</a>) shares decreased by 6.15% to $23.05. The company&#39;s market cap stands at $1.8 billion.</li>
	<li>Powerbridge Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBTS#NASDAQ">PBTS</a>) stock declined by 3.83% to $1.51. The market value of their outstanding shares is at $69.2 million.</li>
	<li>Color Star Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCW#NASDAQ">CSCW</a>) stock decreased by 2.5% to $1.17. The market value of their outstanding shares is at $105.7 million.</li>
	<li>Wrap Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRAP#NASDAQ">WRAP</a>) shares decreased by 1.63% to $9.1. The company&#39;s market cap stands at $345.3 million.</li>
</ul>

&nbsp;

&nbsp;

Short Ideas

11 Information Technology Stocks Moving In Tuesday's Pre-Market Session

Red Cast shares are trading lower on above-average volume. Not seeing any company-specific news to justify the price action in the low-float stock.

<h3>Gainers</h3>

<ul>
	<li>HMG/Courtland Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMG#NYSE">HMG</a>) shares surged 133% to $27.80.</li>
	<li>Alfi, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALF#NASDAQ">ALF</a>) shares jumped 82.1% to $6.21 after the company inked an agreement with All-Niter for the fulfillment, staging, and shipment of the first 10,000 digital tablets to countrywide Uber Technologies.</li>
	<li>Clearside Biomedical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSD#NASDAQ">CLSD</a>) shares jumped 46% to $4.41 after the company announced positive safety results from Cohort 1 (n=6) of OASIS Phase 1/2a trial of CLS-AX (axitinib injectable suspension) for neovascular age-related macular degeneration (wet AMD).</li>
	<li>Torchlight Energy Resources, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRCH#NASDAQ">TRCH</a>) gained 38% to $4.9403. Torchlight declared a Special Dividend of Series A Preferred Stock.</li>
	<li>X Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYF#NYSE">XYF</a>) surged 23.5% to $10.15, possibly in anticipation of the Company&#39;s Wednesday earnings report.</li>
	<li>Eloxx Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELOX#NASDAQ">ELOX</a>) rose 17.1% to $2.33 after gaining around 5% on Monday.</li>
	<li>Unique Fabricating, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UFAB#NASDAQ">UFAB</a>) rose 16.2% to $3.80 after the company announced the extension of its Forbearance Agreement with its Lenders through February 28, 2022.</li>
	<li>Finance Of America Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOA#NYSE">FOA</a>) gained 13.2% to $8.26. Raymond James upgraded Finance of America from Outperform to Strong Buy and announced a $13.5 price target.</li>
	<li>Fusion Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUSN#NASDAQ">FUSN</a>) rose 12.8% to $9.20 after the company announced the presentation of preliminary Phase 1 data from the single-dose portion of the study at the Society of Nuclear Medicine and Molecular Imaging Virtual Annual Meeting.</li>
	<li>Titan Machinery Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TITN#NASDAQ">TITN</a>) gained 10.6% to $33.50. Stephens &amp; Co. upgraded Titan Machinery from Equal-Weight to Overweight and announced a $40 price target.</li>
	<li>Ocugen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OCGN#NASDAQ">OCGN</a>) jumped 10.4% to $6.77 after the company announced it selected Jubilant HollisterStier as its manufacturing partner for COVAXIN.</li>
	<li>Blucora, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCOR#NASDAQ">BCOR</a>) gained 8.9% to $18.46. Blucora said it expects tax software segment to exceed Q2 And FT2021 expectations.</li>
	<li>AVROBIO, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVRO#NASDAQ">AVRO</a>) jumped 8.1% to $10.34 after BTIG initiated coverage on the stock with a Buy rating and a $23 price target.</li>
	<li>OpGen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPGN#NASDAQ">OPGN</a>) shares rose 6.6% to $2.27 after it was disclosed the CEO and COO bought shares of the company.</li>
	<li>Sio Gene Therapies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIOX#NASDAQ">SIOX</a>) rose 6.3% to $2.6797 after BTIG initiated coverage on the stock with a Buy rating and a $8 price target.</li>
</ul>

<a href="https://www.benzinga.com/investing/best-penny-stocks/">Check out these big penny stock gainers and losers</a>

<h3>Losers</h3>

<ul>
	<li>Document Security Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DSS#NYSE">DSS</a>) shares tumbled 41% to $1.63 after the company announced it priced a $43.5 million public offering of common stock. The public offering equates to 29,000,000 shares of the company&#39;s common stock at a price of $1.50 per share.</li>
	<li>PDS Biotechnology Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDSB#NASDAQ">PDSB</a>) fell 26.6% to $9.44 after the company priced its underwritten public offering of 5,294,118 shares at $8.50 per share.</li>
	<li>Nxt-ID, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXTD#NASDAQ">NXTD</a>) shares fell 19.4% to $1.08 after jumping 40% on Monday.</li>
	<li>Urban One, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UONE#NASDAQ">UONE</a>) dipped 18.2% to $17.13.</li>
	<li>Sage Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAGE#NASDAQ">SAGE</a>) fell 17% to $60.45. Looking to make a comeback after a big Phase 3 flop, Sage Therapeutics revealed data from another Phase 3 evaluating zuranolone in patients with Major Depressive Disorder (MDD). Though the trial achieved the primary endpoint of statistically significant improvements in depressive symptoms compared with placebo at Day 15, some results have made investors react, thus sending SAGE shares down early Tuesday.</li>
	<li>Anavex Life Sciences Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVXL#NASDAQ">AVXL</a>) dipped 16.7% to $17.51. Anavex Life Sciences recently highlighted ANAVEX 2-73 and ANAVEX3-71 for Alzheimer&#39;s were featured in the journal of Expert Opinion on Therapeutic Targets.</li>
	<li>Vascular Biogenics Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBLT#NASDAQ">VBLT</a>) dropped 16.7% to $2.2250. VBL Therapeutics said it was notified by the FDA that clearance for new VB-111 batches is pending completion of a technical review.</li>
	<li>NeuroBo Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NRBO#NASDAQ">NRBO</a>) fell 16.2% to $3.30 after climbing over 26% on Monday.</li>
	<li>Washington Prime Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPG#NYSE">WPG</a>) dipped 16.1% to $2.8350. Washington Prime Group recently announced it is commencing voluntary Chapter 11 financial restructuring.</li>
	<li>Uxin Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UXIN#NASDAQ">UXIN</a>) dropped 16% to $4.35 after the company announced it entered into definitive agreements with NIO Capital and Joy Capital pursuant to which both investors will invest up to $315 million in the company.</li>
	<li>InnSuites Hospitality Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IHT#NYSE">IHT</a>) fell 13% to $7.88.</li>
	<li>Red Cat Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) dipped 12% to $3.10.</li>
	<li>Stem, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEM#NYSE">STEM</a>) dropped 11.7% to $31.32. Stem and CleanCapital announced MOU for financing partnership to fund mid-market energy storage projects.</li>
	<li>Vroom, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRM#NASDAQ">VRM</a>) dipped 11.1% to $40.17 after the company reported proposed convertible senior notes offering.</li>
	<li>MediaCo Holding Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDIA#NASDAQ">MDIA</a>) fell 11% to $4.99 after climbing 45% on Monday.</li>
	<li>Qudian Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QD#NYSE">QD</a>) fell 8.2% to $2.24 after reporting Q1 results.</li>
	<li>Lixiang Education Holding Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LXEH#NASDAQ">LXEH</a>) shares fell 8% to $11.50 after jumping over 50% on Monday.</li>
	<li>Ping Identity Holding Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PING#NYSE">PING</a>) fell 7.8% to $22.66 after the company reported an offering of common stock by selling shareholders.</li>
	<li>Avenue Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXI#NASDAQ">ATXI</a>) shares fell 7.3% to $2.80. Avenue Therapeutics shares fell 28% on Monday after the company announced it received a Complete Response Letter from the FDA for IV tramadol.</li>
</ul>

34 Stocks Moving In Tuesday's Mid-Day Session

&nbsp;

<h3>Gainers</h3>

<ul>
	<li>ALFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALF#NASDAQ">ALF</a>) stock moved upwards by 63.34% to $5.57 during Tuesday&#39;s regular session. Trading volume for ALFI&#39;s stock is 124.6 million as of 12:30 EST. This is 3493.71% of its average full-day volume over the last 100 days.</li>
	<li>Hollysys Automation Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLI#NASDAQ">HOLI</a>) shares rose 7.24% to $15.1. Trading volume for Hollysys Automation Tech&#39;s stock is 660.8K as of 12:30 EST. This is 224.95% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $925.2 million.</li>
	<li>Photronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>) shares rose 7.2% to $14.44. Trading volume for Photronics&#39;s stock is 595.0K as of 12:30 EST. This is 125.69% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $894.9 million.</li>
	<li>SGOCO Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGOC#NASDAQ">SGOC</a>) shares moved upwards by 5.74% to $2.22. As of 12:30 EST, this security is trading at a volume of 107.9K shares, making up 92.86% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $223.3 million.</li>
	<li>RF Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RFIL#NASDAQ">RFIL</a>) stock increased by 5.37% to $8.43. Trading volume for RF Industries&#39;s stock is 575.9K as of 12:30 EST. This is 753.59% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $84.0 million. The company&#39;s, Q2 earnings came out yesterday.</li>
	<li>GTY Technology Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTYH#NASDAQ">GTYH</a>) shares rose 4.04% to $6.94. The current volume of 104.4K shares is 56.94% of GTY Technology Holdings&#39;s average full-day volume over the last 100 days (last updated at 12:30 EST). The company&#39;s market cap stands at $399.0 million.</li>
</ul>

&nbsp;

&nbsp;

<h3>Losers</h3>

&nbsp;

<ul>
	<li>Nxt-ID (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXTD#NASDAQ">NXTD</a>) stock fell 21.27% to $1.05 during Tuesday&#39;s regular session. Trading volume for this security as of 12:30 EST is 6.5 million, which is 199.99% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $56.2 million.</li>
	<li>Red Cat Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) stock decreased by 11.94% to $3.1. Red Cat Holdings&#39;s stock is trading at a volume of 962.3K shares as of 12:30 EST. This is 279.5% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $104.9 million.</li>
	<li>SemiLEDs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEDS#NASDAQ">LEDS</a>) shares fell 10.38% to $17.75. As of 12:30 EST, SemiLEDs&#39;s stock is trading at a volume of 525.6K, which is 6.91% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $72.2 million.</li>
	<li>MICT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MICT#NASDAQ">MICT</a>) shares fell 9.51% to $2.19. As of 12:30 EST, this security is trading at a volume of 3.7 million shares, making up 102.18% of its average full-day volume over the last 100 days. The company&#39;s market cap stands at $249.4 million.</li>
	<li>JinkoSolar Holding Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) shares declined by 9.02% to $41.22. As of 12:30 EST, JinkoSolar Holding Co&#39;s stock is trading at a volume of 1.8 million, which is 93.43% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $1.9 billion.</li>
	<li>GTT Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTT#NYSE">GTT</a>) stock decreased by 8.3% to $2.04. The current volume of 1.6 million shares is 34.64% of GTT Communications&#39;s average full-day volume over the last 100 days (last updated at 12:30 EST). The market value of their outstanding shares is at $120.2 million.</li>
</ul>

&nbsp;

&nbsp;

<h3>Gainers</h3>

<ul>
	<li>Alzamend Neuro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALZN#NASDAQ">ALZN</a>) shares jumped 170% to close at $13.50 on Tuesday after the company priced its IPO at $5 per share.</li>
	<li>Alfi, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALF#NASDAQ">ALF</a>) shares climbed 104.4% to settle at $6.97 on Tuesday after the company inked an agreement with All-Niter for the fulfillment, staging, and shipment of the first 10,000 digital tablets to countrywide Uber Technologies.</li>
	<li>Torchlight Energy Resources, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRCH#NASDAQ">TRCH</a>) climbed 41.6% to close at $5.07. Torchlight declared a Special Dividend of Series A Preferred Stock.</li>
	<li>Clearside Biomedical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSD#NASDAQ">CLSD</a>) shares gained 37.8% to close at $4.16 after the company announced positive safety results from Cohort 1 (n=6) of OASIS Phase 1/2a trial of CLS-AX (axitinib injectable suspension) for neovascular age-related macular degeneration (wet AMD).</li>
	<li>Unique Fabricating, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UFAB#NASDAQ">UFAB</a>) jumped 37.3% to close at $4.49 after the company announced the extension of its Forbearance Agreement with its Lenders through February 28, 2022.</li>
	<li>HMG/Courtland Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMG#NYSE">HMG</a>) shares climbed 25.2% to close at $14.95 on Tuesday.</li>
	<li>Finance Of America Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOA#NYSE">FOA</a>) rose 21.8% to close at $8.89. Raymond James upgraded Finance of America from Outperform to Strong Buy and announced a $13.5 price target.</li>
	<li>TDH Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PETZ#NASDAQ">PETZ</a>) gained 19% to close at $3.20.</li>
	<li>Fusion Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUSN#NASDAQ">FUSN</a>) jumped 18.1% to settle at $9.64 after the company announced the presentation of preliminary Phase 1 data from the single-dose portion of the study at the Society of Nuclear Medicine and Molecular Imaging Virtual Annual Meeting.</li>
	<li>Citius Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTXR#NASDAQ">CTXR</a>) gained 17.5% to close at $3.23 on above-average volume. Traders circulated a Seeking Alpha report titled &quot;Citius: Halt For Superiority On The Horizon&quot; with a $10 price target.</li>
	<li>Canoo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOEV#NASDAQ">GOEV</a>) gained 16.8% to close at $11.05.</li>
	<li>BP Prudhoe Bay Royalty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BPT#NYSE">BPT</a>) jumped 15.1% to close at $5.73.</li>
	<li>Prometheus Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXDX#NASDAQ">RXDX</a>) gained 14.9% to settle at $27.00.</li>
	<li>Calumet Specialty Products Partners, L.P. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLMT#NASDAQ">CLMT</a>) jumped 13.8% to close at $7.38.</li>
	<li>United Time Technology Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UTME#NASDAQ">UTME</a>) gained 12.6% to close at $49.00.</li>
	<li>OpGen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPGN#NASDAQ">OPGN</a>) shares climbed 11.3% to close at $2.37 after it was disclosed the CEO and COO bought shares of the company.</li>
	<li>Blucora, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BCOR#NASDAQ">BCOR</a>) gained 8.3% to close at $18.35. Blucora said it expects tax software segment to exceed Q2 And FT2021 expectations.</li>
	<li>Titan Machinery Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TITN#NASDAQ">TITN</a>) rose 7.4% to close at $32.53. Stephens &amp; Co. upgraded Titan Machinery from Equal-Weight to Overweight and announced a $40 price target.</li>
	<li>Eloxx Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELOX#NASDAQ">ELOX</a>) rose 7% to close at $2.13 after gaining around 5% on Monday.</li>
	<li>AVROBIO, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVRO#NASDAQ">AVRO</a>) gained 5.3% to settle at $10.07 after BTIG initiated coverage on the stock with a Buy rating and a $23 price target.</li>
</ul>

 
<a href="https://www.benzinga.com/investing/best-penny-stocks/">Check out these big penny stock gainers and losers</a>

<h3>Losers</h3>

<ul>
	<li>Document Security Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DSS#NYSE">DSS</a>) shares dipped 34.1% to close at $1.82 on Tuesday after the company announced it priced a $43.5 million public offering of common stock. The public offering equates to 29,000,000 shares of the company&#39;s common stock at a price of $1.50 per share.</li>
	<li>PDS Biotechnology Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDSB#NASDAQ">PDSB</a>) fell 28.5% to close at $9.20 after the company priced its underwritten public offering of 5,294,118 shares at $8.50 per share.</li>
	<li>Nxt-ID, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXTD#NASDAQ">NXTD</a>) shares fell 20.9% to close at $1.06 after jumping 40% on Monday.</li>
	<li>Sage Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAGE#NASDAQ">SAGE</a>) fell 19.3% to close at $58.80. Looking to make a comeback after a big Phase 3 flop, Sage Therapeutics revealed data from another Phase 3 evaluating zuranolone in patients with Major Depressive Disorder (MDD). Though the trial achieved the primary endpoint of statistically significant improvements in depressive symptoms compared with placebo at Day 15, some results have made investors react, thus sending SAGE shares down early Tuesday.</li>
	<li>Washington Prime Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPG#NYSE">WPG</a>) fell 18.1% to close at $2.77. Washington Prime Group recently announced it is commencing voluntary Chapter 11 financial restructuring.</li>
	<li>Red Cat Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) fell 17.9% to close at $2.89.</li>
	<li>Anavex Life Sciences Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVXL#NASDAQ">AVXL</a>) fell 17.4% to close at $17.34. Anavex Life Sciences recently highlighted ANAVEX 2-73 and ANAVEX3-71 for Alzheimer&#39;s were featured in the journal of Expert Opinion on Therapeutic Targets.</li>
	<li>Inhibikase Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IKT#NASDAQ">IKT</a>) dropped 17% to settle at $4.0350.</li>
	<li>UP Fintech Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIGR#NASDAQ">TIGR</a>) fell 16.3% to close at $23.90.</li>
	<li>Lixiang Education Holding Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LXEH#NASDAQ">LXEH</a>) shares fell 15.7% to close at $10.54 after jumping over 50% on Monday.</li>
	<li>InnSuites Hospitality Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IHT#NYSE">IHT</a>) fell 15.5% to settle at $7.66.</li>
	<li>NeuroBo Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NRBO#NASDAQ">NRBO</a>) fell 15.2% to close at $3.34 after climbing over 26% on Monday.</li>
	<li>Decarbonization Plus Acquisition Corporation III (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DCRC#NASDAQ">DCRC</a>) dropped 13.6% to close at $10.45. Solid Power announced a SPAC merger with Decarbonization Plus Acquisition Corporation III. The deal values the company at a pro forma enterprise value of $1.2 billion.</li>
	<li>Vinco Ventures, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBIG#NASDAQ">BBIG</a>) fell 13% to settle at $4.00.</li>
	<li>Uxin Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UXIN#NASDAQ">UXIN</a>) dropped 12.9% to close at $4.51 after the company announced it entered into definitive agreements with NIO Capital and Joy Capital pursuant to which both investors will invest up to $315 million in the company.</li>
	<li>Professional Diversity Network, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPDN#NASDAQ">IPDN</a>) declined 12.9% to close at $1.83.</li>
	<li>Urban One, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UONE#NASDAQ">UONE</a>) dipped 12.5% to close at $18.33.</li>
	<li>Vascular Biogenics Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBLT#NASDAQ">VBLT</a>) fell 11.6% to close at $2.36. VBL Therapeutics said it was notified by the FDA that clearance for new VB-111 batches is pending completion of a technical review.</li>
	<li>Vroom, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRM#NASDAQ">VRM</a>) dipped 11.5% to settle at $40.01 after the company reported proposed convertible senior notes offering.</li>
	<li>908 Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MASS#NASDAQ">MASS</a>) fell 11.2% to close at $38.71.</li>
	<li>Stem, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STEM#NYSE">STEM</a>) dropped 11% to close at $31.58. Stem and CleanCapital announced MOU for financing partnership to fund mid-market energy storage projects.</li>
	<li>MediaCo Holding Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDIA#NASDAQ">MDIA</a>) fell 9.5% to close at $5.07 after climbing 45% on Monday.</li>
	<li>Ping Identity Holding Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PING#NYSE">PING</a>) fell 7.9% to close at $22.61 after the company reported an offering of common stock by selling shareholders.</li>
	<li>Avenue Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATXI#NASDAQ">ATXI</a>) shares fell 7.3% to close at $2.80. Avenue Therapeutics shares fell 28% on Monday after the company announced it received a Complete Response Letter from the FDA for IV tramadol.</li>
</ul>

Q2 2021		Est.		Actual		Surprise
EPS		(EXPECTED)2021-08-14
REV		(EXPECTED)2021-08-14

Q1 2021		Est.		Actual		Surprise
EPS		(EXPECTED)2021-06-29
REV		(EXPECTED)2021-06-29

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