Stock prices of CNS Pharmaceuticals, a developer of drugs aimed at treating brain and central nervous system cancers, <a href="https://www.nasdaq.com/market-activity/stocks/cnsp">dropped</a> nearly 10% during trading on April 27, hitting a new record low. The company <a href="https://assets.cnspharma.com/production/filings/html/form-424B5-0001683168-24-004511.html?dm=1719513006">released</a> a prospectus for a new private placement. The two additional share issues announced in June have increased its authorized capital by approximately 2.8 times.

Brain cancer treatment developer shares hit new low

Stock prices of CNS Pharmaceuticals, which develops treatments for cancers of the brain and central nervous system, <a href="https://www.nasdaq.com/market-activity/stocks/cnsp">plunged</a> 35% on Wednesday, reaching an all-time low. The company <a href="https://cnspharma.com/ir/press-releases/cns-pharmaceuticals-announces-pricing-of-registered-direct-offering-and-concurrent-private-placement-39499497">announced</a> the price at which it will sell its shares to private investors. The figure turned out to be a third lower than previously stated, and the volume was higher, which will significantly dilute the stakes of existing shareholders.

Brain cancer treatment developer shares hit record low

Shares of display manufacturer Daktronics <a href="https://www.nasdaq.com/market-activity/stocks/dakt">surged</a> nearly 22% on Wednesday, June 26. In the morning, at the opening of trading, the company <a href="https://investor.daktronics.com/news-releases/news-release-details/daktronics-inc-announces-record-fiscal-year-and-fourth-quarter">announced</a> record figures for the 2024 fiscal year, which ended on April 27, as well as significant growth in operating profit and cash flow.

Display manufacturer Daktronics shares soar after strong financial report

Shares of gold explorer Contango ORE <a href="https://finance.yahoo.com/quote/CTGO/">rose</a> 1.7% during trading on June 25. On that day, the company <a href="https://www.contangoore.com/press-release/contango-announces-first-gold-pour-at-manh-choh-on-july-8-2024">announced</a> that the first pour of gold-bearing ore from the Manh Choh mine in Alaska, which it is developing in partnership with Kinross, will soon take place.

Contango ORE shares rise after news of first gold bars from Alaska mine

Byrna Technologies produces non-lethal weapons and bullets but promotes its products in the same way as, for example, fashion brands. Its inventions are mentioned in Fox News, social media, and podcasts, and can be purchased on Amazon. Byrna's first two products — electric bullets that work like a taser and less harmful blunt impact projectiles (BIP) for non-lethal pistols — were intended for the military and law enforcement agencies and did not generate the desired revenue. Success came when the company refocused on the needs of ordinary people and began selling pistols that fired rubber bullets and tear gas balls.

How a weapons manufacturer gained support from Fox News, podcasters, and investors

Satellite company Sidus Space saw its stock <a href="https://www.nasdaq.com/market-activity/stocks/sidu">rise</a> by nearly 6% on Tuesday, June 25th, after <a href="https://investors.sidusspace.com/news-events/press-releases/detail/188/sidus-space-and-namasys-bahrain-sign-mou-to-establish">announcing</a> its entry into the Middle East market and the formation of a joint venture with local service company NamaSys Bahrain.

Sidus Space stock soars following news of joint venture in the Middle East

Investors interested in small-cap companies should take a look at four stocks, <a href="https://www.forbes.com/sites/johnnavin/2024/06/20/4-low-pe-dividend-paying-russell-2000-small-caps/">writes</a> investment author <strong>John Navin</strong> in a Forbes column. These companies share common traits: a low P/E ratio (price-to-earnings ratio: the lower it is, the higher the potential), dividend payments, and inclusion in the Russell 2000 index.

Forbes author highlights four Russell 2000 stocks worth investor attention

Long-term shareholders of Gilat Satellite Networks, a provider of satellite-based broadband communications, have had some bad luck: the company's stock prices have fallen in recent years and continue to decline, <a href="https://finance.yahoo.com/news/investors-three-losses-continue-gilat-125540561.html">write</a> analysts at Simply Wall St. Although even good stocks depreciate at times, they believe that it is necessary to wait for an improvement in financial performance before showing interest in the company's shares.

Simply Wall St advises to be cautious with investing in Gilat Satellite Networks

Entertainment platform LiveOne, with a market capitalization of $151.5 million, has been sustaining losses in the past fiscal year, as <a href="https://simplywall.st/article/opportunities-and-risks-in-the-small-cap-universe?utm_source=braze&amp;utm_medium=email&amp;utm_campaign=Market+Insights:+Week+25+2024+-+not+AU-NZ&amp;utm_content=Variant+1">reported</a> by Simply Wall St after reviewing the opinions of industry analysts. They forecast that the company will achieve its first profit in the fiscal year 2026, which begins on April 1, 2025. Despite the predictions, LiveOne's stock prices <a href="https://finance.yahoo.com/quote/LVO/">fell</a> during trading on June 21 and continued to decline in pre-market trading on Monday.

Analysts expect entertainment platform LiveOne to breakeven soon

The stock prices of ready-meal producer DayDayCook (DDC) <a href="https://finance.yahoo.com/quote/DDC/">fell</a> by almost 5% in after-hours trading on Friday, June 21, and continued to decline in pre-market trading on Monday. The company <a href="https://ir.stockpr.com/daydaycook/sec-filings-email/content/0001213900-24-054873/ea0208251-6k_ddcenter.htm">informed</a> the U.S. Securities and Exchange Commission about a possible private placement in favor of creditors and new investors. 

Possible additional share issue displeases investors of ready-meal producer DayDayCook

Analysts at Zacks Small-Cap Research have <a href="https://s27.q4cdn.com/906368049/files/News/2024/Zacks_SCR_Research_06202024_PERF_Thompson.pdf">labeled</a> the stock of Perfect Corp, a developer of AI-based beauty solutions, as undervalued. According to them, the company's shares should be priced at a minimum of $2.86, which represents a 55% growth potential from the closing price on June 20.

Zacks names AI beauty solutions developer's stock undervalued

Shares of the ready-meal producer DayDayCook (DDC) surged by nearly 8.5% on Thursday following the <a href="https://ir.daydaycook.com/news-events/press-releases/detail/18/daydaycook-names-food-and-beverage-industry-stalwart-malik-sadiq-as-chief-operating-officer">announcement</a> of Malik Sadiq's appointment as Chief Operating Officer. Sadiq brings 15 years of experience from American meat producer Tyson Foods to his new role.

Small caps