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Monday, November 25, 2024

Aerkomm Inc. (AKOM:QXR) swings down 25% on stock market in one day

Stock market 19 edited

Aerkomm Inc. (AKOM:QXR) saw one of the biggest daily changes on Wall Street, down 25 percent throughout the day.

It fell $2, placing it 17th among the top 50 biggest swings in Wall Street during the time frame.

Shares in Aerkomm Inc. finished on July 5 at $6.

Aerkomm Inc. employs 26 people and has reported -$9,380,000 USD in income.

Stock fluctuations are affected by several factors, from news about the company involved to global trade difficulties or successes.

Despite a tumultuous year with the COVID-19 pandemic, the US stock market overall remained strong in 2021.

Tony Despirito at investment firm BlackRock said “Overall, companies have beat analyst expectations on both earnings per share and revenue growth. But the latter has been particularly strong.”

Nothing in this article is to be assumed as financial advice.

Top 50 biggest stock market swings on July 5

Company NamePercentage ChangeCurrent Trading Price
Brickell Biotech Inc.3,961.2%$3.98
Abeona Therapeutics Inc.2,029.4%$4.08
Spirits Time International Inc.77.8%$2.4
Fovea Jewelry Holdings Ltd.-71.9%$1.26
Rubicon Technology Inc.65.4%$15.05
Faraday Future Intelligent Electric Inc.48.7%$5.28
MobileSmith Inc.-43.7%$1.91
Lexicon Pharmaceuticals Inc.41.8%$2.75
Omeros Corp.-33.4%$3.09
Bonal International Inc.31.2%$2.1
Appgate Inc.29.3%$9.7
Cowen Inc.28.7%$30.93
Impac Mortgage Holdings Inc.-27.4%$1.3
Carvana Co.26.1%$27.58
Talaris Therapeutics Inc.26.1%$2.9
Local Bounti Corp.25.1%$4.04
Aerkomm Inc.-25%$6
LiveCare Inc.-25%$1.5
Lzg International Inc.25%$5
1Life Healthcare Inc.24.9%$10.34
PARTS iD Inc.-24.8%$1.12
Atreca Inc.24.6%$2.23
Netcapital Inc.24.3%$10.5
Staffing 360 Solutions Inc.-23.1%$4.75
Agenus Inc.23%$2.41
Neuroone Medical Technologies Corp.22.7%$1.03
ARC Group Worldwide Inc.22.6%$1.3
Blue Star Foods Corp.21%$1.44
Evofem Biosciences Inc.20.9%$1.1
Wave Sync Corp.-20.5%$6
Blue Dolphin Energy Co.-20.3%$1.22
Volcon Inc.-20%$1.36
Websafety Inc.-20%$1
Reata Pharmaceuticals Inc.19.9%$36.49
Bioatla Inc.19.7%$3.52
Sorrento Therapeutics Inc.19.1%$2.56
Wayfair Inc.18.4%$53.68
Cognition Therapeutics Inc.18.2%$2.66
JAMES Maritime Holdings Inc.-18.2%$4.5
BioVie Inc.18.1%$1.63
Bluebird bio Inc.18%$5.05
Qsam Biosciences Inc.-17.8%$3.5
Eledon Pharmaceuticals Inc.17.6%$2.88
Enochian Biosciences Inc.17.6%$2.27
Dyne Therapeutics Inc.17.2%$8.44
Blue Apron Holdings Inc.17.1%$4.8
Arcturus Therapeutics Holdings Inc.17%$18.9
Intellia Therapeutics Inc.17%$63.18
Invitae Corp.16.9%$2.97
Beam Therapeutics Inc.16.8%$46.49

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