“Market Movers: Top Stocks Making Headlines This
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As the trading week comes to a close, it is a good time for investors to take a look into those stocks that have been making waves and moving the markets. There are only ever a few such stocks, and this feature would provide you with a quick look into four of those.
Kaival Brands Innovations Group Inc. (NASDAQ:KAVL) It was in sharp focus among investors yesterday, possibly in reaction to a positive research report that had been published by Harbinger Research on October 9.
The Kaival Brands Innovations Group Inc. stock rallied by 38.16% yesterday amidst strong trading volumes, which were 8.5 times its average 30-day volumes. Harbinger classified the stock as a’strong buy’ in its report and went on to note that the company ramped up its sales channels considerably through the addition of 1500 new Circle K locations in the last quarter. Additionally, the royalties from the licensing deal with tobacco giant Phillip Morris International had also led to rapid growth in royalty earnings.
Intelligent Bio Solutions Inc. (NASDAQ:INBS): The medical technology company is best known for providing fast, non-invasive testing solutions and came up with the Intelligent Fingerprinting Drug Screening System. On October 5, Intelligent Bio Solutions Inc. announced that its drug screening system had been adopted by VKVP Haulage, the container logistics specialists.
VKVP Haulage would use the system to complement its existing alcohol testing protocol and thereby launch the best industry practices in its business. However, that was not all. Additionally, Intelligent Bio Solutions also revealed that its existing customer, Auctus Management Group, had completed in excess of 25000 Intelligent Fingerprinting tests successfully.
Catheter Precision Inc. (NYSEAMERICAN: VTAK): The medical device company, which is based out of the United States, is involved in improving the lives of those suffering from cardiac arrhythmias. On October 12, Catheter Precision Inc. was in focus after it announced that its VIVO 3D mapping system had been granted national reimbursement status in the United Kingdom following its inclusion in the High-Coast Tariff Excluded Devices (HCTED).
HCTED is a supply and purchase system spanning the entire nation for National Health Service England. It had been designed so that products that make the cut for separate payment from the national budget for medical procedures could be paid for.
Clean Vision Corporation (OTC:CLNV): The company, which is one of the notable innovators in the sustainable technologies space, announced on October 11 that it had entered into a strategic engagement agreement. The agreement in question had been with the well-known global advisory firm Grant Thornton International.
In its news release, Clean Vision Corporation revealed that the engagement had been agreed upon for the purpose of issuing notes or green bonds worth a maximum of $340 million. The company is focused on tackling the worldwide plastic pollution problem through the implementation of its PCN on a worldwide scale.