Aqua Metals Inc (NASDAQ: AQMS)
Aqua Metals had an incredibly strong day on Friday on the announcement of a large stake purchase. However, today didn’t look like it was going to be great. Nonetheless, things aren’t always as they seem. After starting the day in the red, the stock made a quick run for the green. Since then, we’ve seen strong gains throughout the day. Below, we’ll talk about what we’re seeing from AQMS, why, and what we’ll be watching for ahead.
What We’re Seeing From AQMS
As mentioned above, Aqua Metals didn’t look like it was going to have the best of days in the market today. In fact, when the opening bell rang, the stock was trading in the red. However, in no time at all, the stock ran to the green. From there, we’ve seen a continuation of strong gains, leading to what’s shaping up to be an incredible day. At the moment (10:14), AQMS is trading at $17.96 per share after a gain of $1.72 per share or 10.59% thus far today.
Why The Stock Is Heading Up
As is almost always the case, our partners at Trade Ideas were the first to alert us of the upward run on AQMS. As soon as we got the alert, we started to dig to see exactly what was causing the movement. It didn’t take long to uncover the story. The gains are ultimately the result of excitement surrounding a coming conference call.
In a press release that was offered early this morning, Aqua Metals announced that it would be hosting a conference call tomorrow, February 14th, 2017. The call well be held at 8:00 pm Pacific time. During the call, the company will offer an overview of financial results for the fourth quarter and full year. If you’d like to join the call, use, you can call local to (888) 740-6138. To call internationally, use (913) 312-0653. When you call in, use 9432739 as the pass code.
What We’ll Be Watching For Ahead
Moving forward, the CNA Finance team will be keeping a close eye on AQMS. In particular, we’ll be listening to the conference call as we are excited with what the company will have to offer. We’re also watching the wire for more news with regard to the Friday purchase announcement. Nonetheless, we’ll keep a close eye on the news and bring it to you as it breaks.
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