Early May Gains Disappear for Approach Resources Inc. (NASDAQ:AREX)

Approach Resources Inc. (NASDAQ:AREX)

Shares of Approach Resources Inc. (NASDAQ:AREX) are experiencing their 5th day of losses in a row. Earlier this month AREX shares were trading under $2.00, then on May 3, six days of higher highs followed and shares ended up hitting resistance around $3.00. Through the middle of the month sellers pushed AREX shares down every time they tried to breakout over the $3.00 level then on May 23, the slide hit and every day since then has seen lower lows. Approach Resources Inc. (NASDAQ:AREX) shares are currently trading around $2.55 as of 3:26 PM EST. AREX shares have not been above $5.00 since 2015 but they are well over their $1.35 52-weekly low. The 52-week high is $4.35 but the analysts have assigned their price target at just $3.78.

Approach Resources Inc. (NASDAQ:AREX) is based in west Texas, but headquartered in Ft. Worth, and is an independent oil and gas producer. The company’s reserves are primarily located in the famed Permian basin but it also has interests in east Texas. In total the company claims reserves of 156.4 million barrels of oil with over 800 wells drilled to access those assets.

For Q1, Approach Resources Inc. (NASDAQ:AREX) reported a loss of $140.8 million or (-$2.00) per share. Losses, adjusted for non-recurring costs, were (-$0.11) per share. The results matched expectations. Approach Resources Inc. (NASDAQ:AREX) posted Q1 revenue of $26.4 million, which topped analyst expectations. Four analysts surveyed by Zacks expected $25.7 million.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: Marc has a degree in economics and a MSc. in Finance. Over his 20-year career, Marc has worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.

Cumulus Media Inc (NASDAQ:CMLS) Getting Dropped from Analyst’s Play Lists

Cumulus Media Inc (NASDAQ:CMLS)

Various financial media outlets have reported that shares of Cumulus Media Inc (NASDAQ:CMLS) were downgraded on Tuesday by Zack’s Investment Research. But it seems that few paid have attention to the news. CMLS shares closed Friday at $0.40; they closed Tuesday at $0.47; and they are trading around $0.57 at 2:40 PM EST. To put a pencil to paper, that gives CMLS a 42.5% return since Friday’s close and over a 20% gain since yesterday’s close. The gains come alongside heavy volumes. Today over 1.4 million shares have been exchanged, or about 1 million more than their 30-day, daily average volume.

To be fair, the downgrade may be accurate however a little late. Or maybe a lot late. At the beginning of 2013 Cumulus Media Inc (NASDAQ:CMLS) was trading under $20 but would go on to hit above $60 by the end of the year. Then the wheels came off. By the end of 2015 investors could have picked up CMLS shares for under $1.50. CMLS shares never fully recovered and now are trading closer to their 52-week low of $0.22 than they are to their 52-week high of $3.60.

Cumulus Media Inc (NASDAQ:CMLS) has a novel business model. It operates radio stations in the mid-markets and currently reaches over 240 million people every week. Cumulus’ 447 owned and operated radio stations broadcast in 90 media markets and they have over 7,500 more that are affiliated with the Cumulus/Westwood brand. Importantly, Cumulus Media Inc (NASDAQ:CMLS) is the largest country music provider in the nation through its NASH brand.

Unlike many nano-cap firms, Cumulus Media Inc (NASDAQ:CMLS) share drop was not due to shareholder dilution. In 2014 there were 28.27 million shares outstanding and by 2016 that number increased just to 29.27 million. Sales have also been relatively consistent as in each of the past five years sales figures have come in between $1.00 million and $1.26 million. What has hurt has been the earnings losses. Although a small EPS profit of $0.40 was posted in 2014, in 2015 the EPS loss was (-$18.73) and (-$17.45) in 2016. So far 2017 does not look like any help will be coming as, for Q1 2017, Cumulus Media Inc (NASDAQ:CMLS) reported net revenue of $264.0 million, down 1.7% from the three months ended March 31, 2016, net loss of $7.4 million and Adjusted EBITDA of $38.7 million, down 7.6% from the three months ended March 31, 2016. No doubt that until earnings get turned around, no analysts will be lending CMLS their stamp of approval. I think in the radio business they call this a falling star.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: Marc has a degree in economics and a MSc. in Finance. Over his 20-year career, Marc has worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.

Vera Bradley, Inc. (NASDAQ:VRA) Earnings Expectations

Vera Bradley, Inc. (NASDAQ:VRA)

Vera Bradley, Inc. (NASDAQ:VRA) stock continues to trade higher on high volume, ahead of its earnings call for the quarter ended April 29, 2017. Analysts expect the company to post earnings of $0.06 a share compared to earnings of $0.13 a share posted for the same period last year. For the current year, analysts expect the company to post full-year earnings of $0.43 a share.

CID Resources Licensing Agreement

The designer of women’s handbags, accessories, and luggage and travel items goes into earnings call fresh from signing a licensing agreement with CID resources. The agreement is for apparel and coordinating accessories for female healthcare professionals.

Under the terms of the deal, all licensed products are to be sold in appropriate distribution channels that include Vera Bradley, Inc. (NASDAQ:VRA) stores as well as other specialty and chain stores across the country. The company is currently working with a number of licensing partners as it continues to work on the final product designs.

Chief Executive Officer, Rob Wallstrom, remains confident of the company generating substantial value from the deal given that they are entering a U.S. market that is estimated to be worth $1.8 billion.

“We are delighted that we will be able to offer beautiful apparel and accessories solutions not only to these existing customers but to introduce Vera Bradley to thousands of other medical professionals as well. We are thrilled to inject our version of functionality, color, and especially fun into this important product category,” said Mr. Wallstrom.

However, the licensing agreement will not have any material impact on Vera Bradley, Inc. (NASDAQ:VRA)’s financial performance for FY 2017.

Healthcare Sector Opportunities

According to the executive, the signing of the agreement is part of a plan that seeks to provide women with a variety of apparel solutions. Launched in 2018, the healthcare professional collection has experienced huge success thanks to a number of licensing agreements that Vera Bradley, Inc. (NASDAQ:VRA) has signed. Some of the company’s licensing partners include McGee Group for readers and sunglasses, Fox Chapel Publishing, Incipio and Mainstream Swimsuits, Inc. for swimwear and cover-ups.

Vera Bradley, Inc. (NASDAQ:VRA) fine run in the market continued in Tuesday trading session. The stock added 3.03% in market value to end the day at $8.50 a share. It now awaits to be seen if the company will post stellar quarterly earnings to push the stock above the current trading range of between $8.23 and $8.52 a share.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

About the author: Monica Gray has an undergraduate degree in Accounting and an MBA – earned with Honors. She has six years of experience in the financial markets and has been a securities analyst for the past two years.

LiNiu Technology Group (NASDAQ:LINU) Explodes After Setting Eyes On Chinese Agricultural Industry

LiNiu Technology Group (NASDAQ:LINU)

LiNiu Technology Group (NASDAQ:LINU) says it has taken the necessary steps to streamline its operations after having experienced a tough 2016. The provider of agricultural products and services says it is working on a transformation plan that will allow it to play a key role in the Chinese agricultural industry. The moves follow the company seeing its full year revenue for 2016 drop by more than 50%.

Earnings Miss

Revenue for 12 months ending December 31, 2016, totaled $32.4 million representing a 69% drop from FY2015 revenues. The company has attributed the decrease to lower Rolling Chip Turnover in its VIP gaming rooms. China’s anti-corruption campaign also appears to have substantially affected the company’s revenue sources.

LiNiu Technology Group (NASDAQ:LINU) saw its bad debt portfolio soar to highs of $100.4 million primarily due to a one-time $97.3 million impairment of intangible assets. Lower commission to junket agents and a decline in selling, general, and administrative expenses did little to offset the loss on bad debts.

The massive impairment charge plunged LiNiu Technology into a net loss of (-$215) million or (-$3.41) a share, compared to a net income of $5.1 million generated in 2015. During the year the company was also forced to close four VIP gaming rooms. The company also terminated its gaming representative agreement with Kings Gaming Promotion Ltd.

2017 Highlights

Amidst the disappointments of 2016, LiNiu Technology Group (NASDAQ:LINU) is already exploring ways of reinvigorating its growth prospects with the acquisition of 51% stake in Guangzhou LiNiu Network Technology Co (LiNiu Network).

“We were pleased with the launch of the LiNiu Network earlier this month, and believe that the platform is well-positioned to more efficiently bring farmers and agricultural suppliers together to conduct business as well as provide education, medical, insurance, financing and other services to farmers,” said the chief executive officer, Wang Shun Yang.

LiNiu Technology Group (NASDAQ:LINU) has already launched an electronic business-to-consumer and consumer-to-consumer trading platform as it continues to flex its muscles in the Chinese agricultural industry. Dubbed the LiNiu network the platform has already attracted over 130,000 users with average daily traffic of 50,000 visitors. The platform boasts of over 20,000 suppliers with over 80,000 products on sale.

LiNiu Technology Group (NASDAQ:LINU) was one of the biggest gainers in Tuesday trading session. The stock was up 109.52% consequently ending the day at $0.440 a share.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance.

Smart Sand Inc (NASDAQ:SND) Announces Revenues Of $25.0 Million In Q1 2017

Smart Sand Inc (NASDAQ:SND)

Smart Sand Inc (NASDAQ:SND) has announced its financial results for Q1 2017. In a statement, Smart Sand Chief Executive Officer Charles Young said the company produced strong results in Q1 2017 on the back of increased sales volume. He added that the sales improvement is a clear indication of significant market improvement in the gas and oil industry.

Smart Sand Inc (NASDAQ:SND) reported around $25 million in revenue in Q1 2017 compared to $10.4 million that was reported during the same period of the previous financial year. This represents a 141% increase year over year. The increase resulted from increase in sales volume. The company revenue in Q1 2017 dropped by 15% compared to $29.5 million that was reported in Q4 2016. The drop is as a result of shortfall in payments reported in Q4 2016 which was partially offset by increase in sales volume.

In Q1 2017, Smart Sand Inc (NASDAQ:SND) sold a total of 558,500 tons as compared to around 129,300 tons that were sold in Q1 2016 and 274,500 tons sold in Q4 2016. This represent 332% and 103% increases respectively.

During the quarter, the company reported $1.0 million or $0.02 per share in net income compared to $0.4 million or $0.02 per share in net income reported in Q1 2016. The company reported $12.4 or $0.32 per share in net income in Q4 2016.

The company’s Adjusted EBITDA in Q1 2017 stood at $3.7 million compared to $4.7 million that the company reported in Q12016 and 27.0 million in Q4 2016. This represents a 21% and 86% drop respectively. The year-over-year drop is attributed to shortfall payments that the company reported in Q1 2016 and which resulted from renegotiations of customer contracts. The company recorded a drop in payments in Q1 2017. The drop in Adjusted EBITDA in Q1 2017 was mainly as a result of shortfall payments plus other income earned from the assignment of a bankruptcy status in the previous quarter.

The reported $1.6 million in total capital expenditure for the three months ended March 31, 2017. The expenditures were mainly attributed to Smart Sand Inc (NASDAQ:SND)’s investment in several enhancement and cost improvement programs. According to the company’s estimates, capital expenditure for the whole current financial year will be around $85 million, an increase from the $55 million that the company had previously projected. The upward revision in expected capital expenditure is a result of plans to expand the Oakdale facility to a capacity of 5.5 million tons annually.

Smart Sand Inc (NASDAQ:SND) lost 6.30% in the previous trading session to close at $9.37 on a volume of 591,415 shares.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading.

TiVo Corp (NASDAQ:TIVO) Renews Long-term Product And Intellectual Property License Deal With Frontier Communications

TiVo Corp (NASDAQ:TIVO)

TiVo Corp (NASDAQ:TIVO) has announced that Frontier Communications Corporation has signed a product license agreement and renewal of intellectual property license agreement. TiVo Corporation is a leading audience insight and entertainment technology company while Frontier Communications Corporation is one of the leading service providers in the United States.

According to the terms of the agreement, TiVo Corp (NASDAQ:TIVO) will become the exclusive provider of advertising services for all national advertising campaigns using Frontier Communications’ guide to interactive programming. TiVo will also license Frontier its intellectual property portfolios. Under TiVo Advertising, all advertising campaigns will be geared at harnessing maximum viewership and will be delivered to all Frontier subscribers in several high-end markets like Texas, California, and Florida.

As one of the leading provider of pay-TV in the U.S., Frontier Communications offers a portfolio of services to its customers including satellite video, voice, video, wireless Internet data, data security solutions, and business and home-based communication.

“Our relationship with Frontier is further testimony to how pay-TV providers use TiVo’s intellectual property and solutions to reach consumers in more innovative ways,” said Samir Armaly, executive vice president, intellectual property and licensing, Rovi Corporation, a TiVo company.

TiVo Corp (NASDAQ:TIVO) offers in-program, guide ads meant to convey unique experiences to its subscribers. The guides feature several ad options like recording reminders, tune-in promotions as well as “watch now” for video-on-demand (VOD). The company opens more revenue streams for service providers as well as offering easier and faster access to interesting content.

TiVo companies have several decades invested in research and development and offer some of the most unique and valuable intellectual property in the entertainment and media industry.

In yet another announcement, TiVo Corp (NASDAQ:TIVO) says Cable Onda has agreed to increase its offerings and will soon roll out the lasted TiVo Gateway DVR solution to its customers. Cable Onda is one of the leading providers of television services in Panama as well as a long-term partner of TiVo.

By using the TiVo Gateway DVR customers will have an open access to TiVo’s multi-room solution which complement and support Cable Onda’s TV offerings with over-the-top content. Among the content shared include YouTube, Netflix plus several additional apps. Existing customers will be able to upgrade and access a Cable Onda’s TV offerings, Discovery Dashboard, as well as a video on demand (VOD).

TiVo Corp (NASDAQ:TIVO) gained 14.02% in the previous trading session to close at $18.70 on a volume of 3.53 million shares.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance.

DryShips Inc. (NASDAQ:DRYS) Announces Successful Delivery Of Its Newbuilding Suezmax Tanker And Commencement Of 5-Year Charter

DryShips Inc. (NASDAQ:DRYS)

DryShips Inc. (NASDAQ:DRYS) announced the delivery of a 159,855 deadweight ton Suezmax tanker. DryShips Inc. (NASDAQ:DRYS) expects a gross backlog of $25,000 per day and $43.1 million for the 5 years. The vessel was bought from and chartered out to companies connected to Mr. George Economou, DryShips’s Chairman and Chief Executive Officer. The whole transaction had the approval of the audit committee appointed by the company’s Board of Directors.

In other news, DryShips Inc. (NASDAQ:DRYS) announced securing a credit facility amounting to $150 million with KEXIM and ABN AMRO bank. The credit facility will go towards financing the delivery of the company’s four Very Large Gas Carriers (VLGC). The credit facility will be secured by the four VLGCs and an amortization profile of around 12 years. The facility will have an interest rate of LIBOR+.

The high specification VLGCs, still under construction at Hyundai Heavy Industries, will be delivered in June, September, October and December of this year and will be used for long term charters to leading oil companies. The four VLGCs will have a gross backlog of around $390 million.

While commenting on the transaction, Economou said the company has come a long way in negotiating the deal which started last year. He added that negotiations started with the company requesting lenders to restructure its debts. He applauded KEXIM and ABN AMRO for their support and helping arrange the company’s first bank credit facility since 2014.

Economou added that following the complete servicing of the new loan, DryShips Inc. (NASDAQ:DRYS) will have many of its vessels unencumbered. He added that in financial terms, the assets will be able to raise around $250 million or $19.13 per share subject to maintaining a modest 50% market value. He added that they will be working on securing financing for these assets. This will enable the company to rally its efforts and resources towards acquisition of more vessels without the need to raise more equity.

DryShips Inc. (NASDAQ:DRYS) lost 3.89% in the previous trading session to close at $2.72 on a volume of 3.62 million shares.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

About the author: Monica Gray has an undergraduate degree in Accounting and an MBA – earned with Honors. She has six years of experience in the financial markets and has been a securities analyst for the past two years.

Merrimack Pharmaceuticals Inc (NASDAQ:MACK) Reports Q1 Net Loss Of (-$29.7) Million

Merrimack Pharmaceuticals Inc (NASDAQ:MACK)

Merrimack Pharmaceuticals Inc (NASDAQ:MACK) has announced its financial results for the three months ended March 31, 2017.

In a statement, the company’s President and Chief Executive Officer Richard Peters, M.D., Ph.D said the company took big transformative steps during the quarter. He added that the company has a clear strategic plan following a review of its pipeline prioritization as well as a review of its business. He said the company will be investing more in research and development.

Merrimack Pharmaceuticals Inc (NASDAQ:MACK) in April 2017 reviewed its business strategy and decided to evolve into a new research and development company. In connection to this shift, the company prioritized three clinical programs i.e. MM-121, MM-141 and MM-310. In the course of this year, the company plans to launch Phase 2 clinical study of MM-121 in heregulin positive patients.

On the financial front, Merrimack Pharmaceuticals Inc (NASDAQ:MACK) reported $21.6 million in research and development expenses in the first quarter of 2017 compare d to $28.6 million that was reported in the same period the previous financial year. The $6.4 million or 23% decrease is attributed to the company’s transition to the refocused preclinical and clinical pipeline.

General and administrative expenses amounted to $5.6 million in the quarter ended March 31, 2017 compared to the $6.5 million that was reported in the quarter ended March 31, 2016. The drop resulted from a lower headcount which was initiated in Q4 2016.

Merrimack Pharmaceuticals Inc (NASDAQ:MACK) reported a net loss of (-$29.7) million or (-$0.23) per share in net loss for the three months ended March 31, 2017. This is compared to the (-$38.5) million or (-$0.33) per share reported in the same period of the previous financial year.

On April 3, 2017 Merrimack Pharmaceuticals Inc (NASDAQ:MACK) received a $575.0 million down payment from Ipsen. This company used the proceeds to redeem its outstanding Senior Secured Notes worth $175 Million due in 2022. The proceeds were also used to offset $20 million in costs attached to the redemption. Merrimack has declared a cash dividend totaling $140 million to be paid to stockholders on May 26, 2017.In addition, Merrimack has announced investing $125 million to further develop its oncology pipeline. If a number of milestones are met in relation to its earlier license and partnership agreement with Shire, Merrimack will receive a total of $33 million in net milestone payments.

Merrimack Pharmaceuticals Inc (NASDAQ:MACK) gained 5.35% in the previous trading session to close at $2.37 on a volume of 7.72 million shares.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading.

Avinger Inc (NASDAQ:AVGR) Reports $3.5 Million In Q1 Revenue

Avinger Inc (NASDAQ:AVGR)

Avinger Inc (NASDAQ:AVGR) has announced its financial results for the three months ended March 31, 2017. Avinger Inc is nano-cap biotechnology firm that develops innovative treatments for peripheral artery disease.

Avinger Inc (NASDAQ:AVGR) announced some cost-cutting changes to its organizational structure resulting in a 48% reduction of the company’s current costs. During the quarter, the company signed an additional five Lumivascular™ accounts bringing the platform to 161 accounts. The company also reported positive data from its two-year clinical VISION study for its Lumivascular technology.

In a statement, president and CEO of Avinger Inc (NASDAQ:AVGR), Jeff Soinski, said the company has responded positively to the recent restructuring adding that they are making remarkable progress in the company’s strategic programs.

Avinger Inc (NASDAQ:AVGR) reported $3.5 million in total sales during the quarter. This represents a 23% decrease from the same period the previous financial year and 25% drop from what the company reported in the last quarter. The company reported $2.9 million in revenue from its disposable devices during the first quarter. This represents a 12% decrease from Q12016 and 22% from Q42016. The company’s Lightbox imaging consoles generated $0.6 million in revenue which represent a 50% drop from what was reported in Q12016 and 40% drop from what was reported in Q42016.

During the quarter, gross margin stood at 17% a drop from 26% that was reported in Q12016 and from 21% that was reported in Q42016. The drop in gross margin is as a result of $2.1 million worth of charge for extra, scrapped and obsolete inventories. Without these one-time expenses, the company would have reported a gross margin of around 44%.

Avinger Inc (NASDAQ:AVGR) reported $13.2 million in operating expenses during the first quarter of 2016. This is compared to the $16.2 million that was reported during the same period of the previous financial year. The drop was a result of increased sales and marketing expenses that were incurred in 2016 due to the company’s move to expand its commercial organization plus the launch of Pantheris.

Avinger Inc (NASDAQ:AVGR) reported $13.8 million in loss from its operations in Q12017 compared to $15 million that was reported in Q12016. Net loss stood at (-$15.3) million or (-$0.64) per share in Q12017 compared to (-$16.2) million or (-$1.28) per share reported in Q12016. The drop is as a result of the issuance of 9.9 million shares in a public offering.

Avinger Inc (NASDAQ:AVGR) gained 20.27% in the previous trading session to close at $0.445 on a volume of 2.82 million shares.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading.

ParkerVision, Inc. (NASDAQ:PRKR) Reported A GAAP Net Loss Of (-$4.8) Million In Q1 2017

ParkerVision, Inc. (NASDAQ:PRKR)

ParkerVision, Inc. (NASDAQ:PRKR) has announced its financial results for the first quarter ended March 31, 2017. Jacksonville, FL-based ParkerVision, Inc. (NASDAQ:PRKR) specializes in the design, development and commercialization of radio-frequency (RF) technologies as well as products that enhance innovative wireless solutions.

ParkerVision, Inc. (NASDAQ:PRKR) announced the launching of a June marketing campaign to create awareness and raise demand for its new Wi-Fi product. The full-scale product launch is scheduled for Q3 2017.

The company’s infringement case against Apple (NASDAQ:AAPL) was heard on May 4, 2017 and a court ruling is expected on June 22, 2017. A second infringement case against Apple (NASDAQ:AAPL) is scheduled to be heard on June 29, 2017. Experts leave little doubt that victories in these cases would have immediate and pronounced effects on PRKR shares

The company reported $10 million from its recent sale of common stock at $2.46 per share. The company also regained its compliance with Nasdaq listing regulations in April this year.

ParkerVision, Inc. (NASDAQ:PRKR) Chairman and Chief Executive Officer, Jeffrey Parker, in a statement said the company’s launch of the new innovative Wi-Fi product is a milestone and takes a significant step in the company’s move to expand its market. He added that the market is expanding at a high rate and will soon hit the 100 million mark of connected households that use Wi-Fi. He expressed optimism that the new product will generate more revenue for the company and will offer a strong foundation for the development of the company’s strategic products.

On the financial front, ParkerVision, Inc. (NASDAQ:PRKR) reported a GAAP net loss of (-$4.8) million or (-$0.32) per share in Q12017. This is compared to a GAAP net loss of (-$5.1) million or (-$0.45) per share that was reported in the same period the previous financial year. The drop resulted from the company’s lower litigation expenses that were partially offset by costs incurred towards product development.

At the close of the quarter ended March 31, 2017, the company had $6.7 million in cash, cash equivalents, short term investments and restricted cash equivalents.

ParkerVision, Inc. (NASDAQ:PRKR) gained 3.33% in the previous trading session to close at $2.17 on a volume of 1.60 million shares.

I have no positions in any of the stocks mentioned, and have no plans to initiate any positions within the next 72 hours. All information, including any data, is provided without any guarantees of accuracy.

About the author: Monica Gray has an undergraduate degree in Accounting and an MBA – earned with Honors. She has six years of experience in the financial markets and has been a securities analyst for the past two years.