Double Digit NASDAQ Stock Winners: GOGO, SNOA, DATS
8:01 am Wednesday, September 29th, 2021
Following are major stock gainers on Nasdaq in Tuesday’s trading session:
Gogo Inc. (NASDAQ:GOGO) was the active stock gainer on Tuesday and soared 38% to $16.82 after the provider of broadband connectivity services for the aviation market boosted its long-term financial forecast.
The air travel industry is recovering from its coronavirus-related plunge — and Gogo is poised to benefit. Management now sees revenue rising by 15% annually from 2020 to 2025. That’s up from a previous revenue expansion estimate of at least 10%. “Growth in private air travel continues to expand, fueling what we expect will be sustained growth in demand for inflight connectivity as customers seek to replicate their home and office connectivity in the air,” CEO Oakleigh Thorne said in a press release.
Sonoma Pharmaceuticals, Inc. (NASDAQ:SNOA) stock surged 31% to $6.99 after the company announced the over-the-counter (“OTC”) consumer launch of Regenacyn® Advanced Scar Gel and Ocucyn® Eyelid & Eyelash Cleanser on Amazon.com, and MucoClyns™ on Amazon sites in Europe. All three products are based on Sonoma’s patented Microcyn® technology and are immediately available for customer orders.
DatChat, Inc. (NASDAQ:DATS) moved up 27% to $14.61. DatChat, Inc. a communication software company, develops mobile messaging application. The company offers DatChat Messenger & Private Social Network, a mobile application that gives users the ability to communicate with privacy and protection. It also develops a blockchain-based decentralized communications platform that allows consumers and businesses to connect directly with each other. The company was formerly known as Yssup, Inc. and changed its name to DatChat, Inc. in September 2016. DatChat, Inc. was incorporated in 2014 and is based in New Brunswick, New Jersey.
