Key Developments Amongst Companies Worth Watching
Welcome to our weekly recap of stock market news for cheap companies that are worth keeping an eye on. Many of the companies covered here are currently in our public Portfolio which can be found here or a part of our stock database which can be accessed here.
We Discuss News on the Following Companies
JAKKS Pacific Increases Sales With New Toy Line Launch
JAKKS Pacific (JAKK) recently announced the launch of a brand-new line of toys. This development is mainly intended for the forthcoming release of Disney’s “Encanto.” JAKKS Pacific’s “Encanto” series is created for children aged three and above, and is available in retail since Oct 3. Notably, the worldwide release of “Encanto” in theaters is expected on Nov 24.
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Voyager Therapeutics Stock Soars on Potential $630M Deal With Pfizer
Voyager Therapeutics (VYGR) soared on Wednesday after the gene-therapy company unveiled an agreement with Pfizer (PFE) that could be valued at $630 million. Shares of the company on Wednesday soared 57% to $3.87 in the regular session. The stock traded up as much as 67% at $4.12.
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ViacomCBS Declares Quarterly Cash Dividends
ViacomCBS (VIAC) announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per share on both its Class A and Class B Common Stock. The dividend will be payable on January 3, 2022 to stockholders of record at the close of business on December 15, 2021.
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TOMI Receives Purchase Order From Global Top 5 Biopharmaceutical Partner
TOMI Environmental Solutions (TOMZ), a global company specializing in disinfection and decontamination, utilizing its premier Binary Ionization Technology (BIT) platform through its SteraMist products – a hydrogen peroxide-based mist and fog composed of ionized Hydrogen Peroxide (iHP), announced that it has received a purchase order from a multinational top five pharmaceutical company. The order is comprised of TOMI’s SteraMist Environment system and validation service, for use at several of the Company’s locations. Based on its ongoing conversations with this customer, TOMI understands that this is an initial order for a new facility, and the Company expects additional future follow-on orders for this partner’s multiple locations for both additional environment systems and our Custom Engineered System (CES) across the U.S. and Europe.Read More Here
We hope you enjoyed our weekly recap of stock market news. Be sure to add these companies to your Watch List and if you haven’t done so already, check in on the performance of our Current Portfolio. Keep it simple and always do your due diligence.
This material is provided for informational purposes only and is not financial advice. The information contained herein should not solely be used for the formation of an investment decision, whether you are a long term or short term investor.