From the Razor Trading Desk (Thursday July 9th, 2020)
- Document Security Systems, Inc (DSS)
DSS NEWS: Positive Results On Testing Covid-19 Compound
A major surge pre-market from $6.70 to $12.18. This $5.48 move was strong the split second the news came out at 5:45 AM CST.
Gap 55.8%; Closing Price $8.00; Pre-Market High $12.18; High of Day $9.79; Low of Day $7.75; Range $2.04; 20 Million Shares Traded; Float 1.79M; Market Cap 32M.
- Big 5 Sporting Goods Corp (BGFV)
BGFV NEWS: Upbeat Earnings Update
At 7:00 AM CST, this stock began spiking on earnings news. The sales were 228M-241M for Q2 and the stock had desirable reduction from its cost structure.
Gap 105.7%; Closing Price $2.68; Pre-Market High $4.25; High of Day $3.36; Low of Day $2.46; Range $0.90; 37 Million Shares Traded; Float 20M; Market Cap 59M.
- Senmiao Tech Ltd (AIHS)
AIHS NEWS: Earnings +514% Year Over Year
It was a solid move from the $1.20 level to $2.62 pre-market. This stock broke hearts though at the opening bell and sold off the entire day without any recovery whatsoever.
Momentum Scanner Catch; Closing Price $1.58; Pre-Market High $2.62; High of Day $2.35; Low of Day $1.43; Range $0.92; 65 Million Shares Traded; Float 27.72M; Market Cap 46M.
