Bullish Stock That Surged Higher In Yesterday’s Session: $GME $CNET $KIN – Wire Real Estate

Bullish Stock That Surged Higher In Yesterday’s Session: $GME $CNET $KIN




Sep 1, 2020

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GameStop Offering Nintendo Switch In Its Stores

https://themarketsignal.com/Free-Report/GME

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GameStop Corp. (NYSE:GME) was amongst the top gainers in yesterday's trading session gaining 23.93%. during the pandemic, Nintendo struggled to keep up with Switch Lite and Switch demand but a recent GameStop report indicated that Switch production is almost back in full swing. In August the console popped on online stores such as Amazon and Best Buy where it's sold within minutes but it is now back in stores on regular basis.

In the past few weeks, GameStop has been having some good sales which included the recent Pro Day Sale. The store has been offering more savings with the GameStop Gear Up For Fall Sale featuring deals on games up to themed pack. Most of the deals offered are the same as the Pro Day Sale deals.

Chinanet Online Holdings Reports Q1 and 1H 2020 Results

https://themarketsignal.com/Free-Report/CNET

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Chinanet Online Holdings Inc. (NASDAQ:CNET) was also amongst the stocks that gained most in yesterday's trading session jumping 22.22%. The company has announced its financial results for Q2 and 1H 2020. In Q2 the company has revenue of �10.42 million compared to $15.45 million in Q2 2019. Net loss from operations was $1.02 million which was due to a drop in operating expenses. Net loss attributable to the company was $0.97 million or $0.04 per share compared to a net loss of $0.38 million or $0.02 per share.

In 1H 2020 the company had revenue of $14.80 million compared to $24.02 in 1H 2019. Loss from operations increased 68.2% to $3.3 million in 1H 2020 while net loss attributable to CNET was $3.28 million or $0.16 per share.

Kindred Biosciences Posts Revenue Of $39.6 Million In Q2 2020

https://themarketsignal.com/Free-Report/KIN

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Kindred Biosciences Inc. (NASDAQ:KIN) also gained most in yesterday's trading session gaining 18.38%. The company has announced its Q2 2020 financial in which net revenue was $39.6 million and $40.2 million for 1H 2020 compared to $1.2 million and $1.8 million for Q2 2019 and 1H 2019 respectively. The increase in revenue was a result of the sale of Mirataz to Dechra Pharmaceuticals and royalty revenue of $158 in Q2. Net income in Q2 2020 was $24.0 million or $0.60 per share compared to $14.3 or $0.37 per share in Q2 2019. For 1H 2020 the company had a net income of $1.3 million or $0.03 per share.

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