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Thursday, November 21, 2024

Giga-tronics Inc. (GIGA:QBB) swings down 29.1% on stock market in one day

Stock market 1 edited

Giga-tronics Inc. (GIGA:QBB) saw one of the biggest daily changes on Wall Street, down 29.1 percent throughout the day.

It fell $0.43, placing it seventh among the top 50 biggest swings in Wall Street during the time frame.

Shares in Giga-tronics Inc. finished on Aug. 30 at $1.05.

Giga-tronics Inc. employs 45 people and has reported -$3,160,000 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.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Top 50 biggest stock market swings on Aug. 30

Company NamePercentage ChangeCurrent Trading Price
ACS Global Inc.111%$5
Glassbridge Enterprises Inc.53.3%$69
American Metals Recovery and Recycling Inc.47.8%$2.66
IN8BIO, Inc.39.4%$2.76
Fortium Holdings Corp.-31.5%$1.11
Liquidia Corp.-30.4%$5.38
Giga-tronics Inc.-29.1%$1.05
Kinetic Group Inc.-28%$3.53
4 Less Group Inc.24.1%$5
Video Display Corp.21.3%$1.82
Rapid Therapeutic Science Laboratories Inc.-20.5%$1.75
TraqIQ Inc.-20%$2.4
Advaxis Inc.-19.5%$3.18
Green Planet Bio Engineering Co. Ltd.-18.6%$2.1
American Outdoor Brands Inc.17.1%$9.1
Jounce Therapeutics Inc.-15.9%$3.61
Augmedix Inc.15.6%$1.85
Hour Loop Inc.15.2%$3.78
Astronics Corp.-15%$8.92
Faraday Future Intelligent Electric Inc.-15%$1.19
Houston American Energy Corp.-14.7%$4.23
Allovir Inc.-14.7%$6.26
Enservco Corp.-14.7%$1.68
Bellerophon Therapeutics Inc.-14.5%$1.24
Inhibikase Therapeutics Inc.14.5%$1.01
Intellicheck Inc.13.5%$3.36
Bioxytran Inc.12.9%$1.05
Intercept Pharmaceuticals Inc.-12.4%$16.28
Avid Technology Inc.12.1%$27.04
Clarus Corp.-12%$16.52
Lzg International Inc.12%$2.8
Aquestive Therapeutics Inc.11.8%$1.52
Optimus Healthcare Services Inc.-11.8%$1.5
Big Lots Inc.11.7%$24.08
Power Solutions International Inc.11.7%$2.01
Lightwave Logic Inc.-11.5%$8.58
Spanish Broadcasting System Inc.-11.4%$1.4
Liberty Tripadvisor Holdings Inc.-11.2%$35.02
8x8 Inc.11.2%$5.27
Immunovant Inc.-11.1%$5.18
Lindblad Expeditions Holdings Inc.-10.8%$7.85
Adaptive Biotechnologies Corp.-10.7%$8.65
Intrepid Potash Inc.-10.6%$47.76
Kura Sushi USA Inc.-10.6%$74.26
American Woodmark Corp.10.5%$52.44
Town Center Bank-10.5%$3.4
Monte Rosa Therapeutics Inc.-10.3%$7.91
Athersys Inc.-10.3%$2.78
Arch Resources Inc.-10.2%$147.27
New Concept Energy Inc.-10%$1.53

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