Torchlight Energy Resources Inc (NASDAQ: TRCH) and Metamaterial Inc (OTC: MMATF) are trading higher Friday morning as investors anticipate the special stock dividend payment today.
Gainers
Entera Bio Ltd. (NASDAQ: ENTX) shares surged 44.8% to close at $6.50 on Wednesday after the company reported topline Phase 2 bone mineral density data for EB613.
On CNBC's "Mad Money Lightning Round," Jim Cramer said XPO Logistics Inc (NYSE: XPO) is an excellent company and it will be worth even more after the spin-off. He would be a buyer.
Longtime trader David Green thinks Tesla Inc (NASDAQ: TSLA) has more room to run.
“Tesla is going to bust through here … I think it’s going back to $700,” he said.
Following the market opening Wednesday, the Dow traded up 0.14% to 33,991.54 while the NASDAQ rose 0.38% to 14,307.88. The S&P also rose, gaining 0.19% to 4,254.30.
Torchlight Energy Resources Inc (NASDAQ: TRCH) continues to trade lower Wednesday morning after the company announced an amendment to its at-the-market offering deal with Roth Capital in which the offering was raised from $100 million to $250 million.
Gainers
Acasti Pharma Inc. (NASDAQ: ACST) rose 39% to $0.75 in pre-market trading after jumping 10% on Tuesday. The company reported a narrower FY21 loss.