From the Razor Trading Desk (Monday July 13th, 2020)
- WiMi Hologram Cloud Inc. (WIMI)
WIMI NEWS: Trial Reduces Mortality In Covid-19 Patients
A parabolic move over $10.11 on the day!
This stock had multiple news events starting on Friday July 10th, 2020.
This stock sold off $6.00 to $20.00 with a downgrade but there was so much momentum that WIMI surged to a high of $29.50 shortly after.
I believe so many traders were wrapped up in the volatility at the open that the news was missed. There were several selloffs and surges that lasted all the way to the close.
Gap 29.9%; Closing Price $24.74; Pre-Market High $38.86; Previous Day Extended-Hours High $23.69; High of Day $29.50; Low of Day $18.37; Range $11.13; 57 Million Shares Traded; Float 6.02M; Market Cap 1,465M.
- Equillium, Inc (EQ)
EQ NEWS: Maxim Group Downgrades WIMI To Hold
This stock went parabolic closing the previous closing at $3.19 and hits a high of $31.03 so far in extended hours trading; +730%!
Gap 263.5%; Closing Price $23.31; Pre-Market High $13.80; $High of Day $27.05; Low of Day $7.35; Range $19.70; 97 Million Shares Traded; Float 8.61M; Market Cap 469M.
- Net Element, Inc (NETE)
NETE NEWS: 135M Funding To Buy Electric Car Mfr.
NETE previously closed at $11.60 and hit a high pre-market today at $19.42!
Gap 55.3% Closing Price $12.88; Pre-Market High $19.42; High of Day $19.25; Low of Day $12.32; Range $6.93; 54 Million Shares Traded; Float 4.01M; Market Cap 54M.
$EQ Showing A Halt On Circuit Breaker
