Small Cap Gainers: MMAT, LE, AGFY
3:08 pm Wednesday, July 21st, 2021
Meta Materials Inc (NASDAQ: MMAT) continued volatility; the stock gains on above-average volume after closing yesterday with month-to-date losses of 57%. The stock is now up by 17% to $3.72. META® delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials.
Lands’ End, Inc. (NASDAQ: LE) moved up 16% to $42.80 after the company raised its Q2 and FY21 guidance for earnings and revs; co’s quarter-to-date results have tracked ahead of co’s expectations, supported by top-line momentum driven by co’s global eCommerce business and a faster than anticipated recovery in co’s Outfitters business, including in school uniforms and National Accounts; gross margin has benefited from “improved promotional strategies and enhanced data analytics capabilities.” Reaches new multi-year highs.
Agrify Corp (NASDAQ: AGFY) trades up to its new highest levels since February on approx. 3x average volume, extending a +7% gain posted yesterday. Among recent press, co earlier this week announced the opening of Agrify University, its new indoor vertical farming facility showcasing its technology and cultivation methods. Agrify Corporation develops precision hardware and software grow solutions for the indoor agriculture marketplace primarily in the United States. It offers vertical farming units, integrated grow racks, and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products.
