[ACCESSWIRE]
CORAL GABLES, FL / ACCESSWIRE / February 14, 2019 / The future of the tech stock market is built on the notion that engineers and scientists are aptly prepared to design and innovate to meet the growing challenges facing our society. From what we've seen thus far in the six weeks of the new year is that investor interest is largely focused on the potential opportunities emerging in the tech sector. It makes sense that investors are excited by a multi-billion dollar industry with companies working to develop artificial intelligence, biotechnology, big data, automated vehicles, and countless other developments that have yet to hit the tech market. ParcelPal Technology Inc (PTNYF) (PKG), Outlook Therapeutics Inc (NASDAQ: OTLK), Energous Corporation (NASDAQ: WATT), and SunPower Corporation (NASDAQ: SPWR) represent four tech stocks that are heating up on Thursday.
ParcelPal Technology Inc (PTNYF) (PKG), like many other pioneers in the tech industry, was founded to solve a problem; access to food and other essential products. Whether it be inclement weather or a logistical obstacle in one's day, ParcelPal created an on-demand marketplace where customers can purchase a myriad of products and, rather than head down to the store, a ParcelPal courier will deliver their items within the hour.
ParcelPal Technology Inc (PTNYF) (PKG) utilizes technology-driven logistics to connect consumers with the goods they love via a platform-generated, on-demand courier service. The executive leadership team behind ParcelPal believes that parcel delivery should be as hassle-free as possible, regardless of the business. It's no longer a question of what products can be ordered, but, through the Company's platform, how easy can it be to have said products be delivered.
ParcelPal Technology Inc (PTNYF) (PKG) announced towards the end of last month that the Company had formed a partnership with MADD Canada to aid in the continuous fight to prevent impaired driving. According to the announcement, MADD Canada has endorsed ParcelPal as its official delivery service in Canada. As part of the ParcelPal's national rollout campaign, advertising for ParcelPal's service will be seen across the country in various educational forms. Together, MADD Canada and ParcelPal will launch a national awareness campaign focused on educating Canadians on the dangers of impaired driving and the options they have for getting items they want or need without leaving the party.
In a press release regarding the announcement, Kelly Abbott, President, and CEO of ParcelPal Technology Inc (PTNYF) (PKG), explained that "asParcelPal dives deeper into cannabis and alcohol delivery, we are very aware of the inherent risks associated with consumption. We take every precaution to ensure the product is not only delivered safely but will be consumed responsibly as well. Our driver training programs and our technology are designed to ensure they do not deliver to a highly intoxicated or underage person."
For More Information On ParcelPal Technology Inc, Click Here
Outlook Therapeutics Inc (OTLK) today announced financial results and highlights for its first fiscal quarter ended December 31, 2018. According to the results, the Company reached 5% enrollment completion in ONS-5010-001, a Phase 3 clinical trial in wet AMD, as well as received $8 million of a $20 million private placement of common stock from BioLexis.
Lawrence Kenyon, President, and CEO of Outlook said, "over the next few months, we expect to make additional progress in our wet AMD clinical program. Our second wet AMD Phase 3 study, ONS-5010-002, is expected to begin enrolling patients this quarter in Australia and New Zealand. In addition, we plan to submit an IND to the FDA within the coming weeks, which will allow us to begin enrolling patients in the U.S. for ONS-5010-002."
For More Information on Outlook Therapeutics Inc, Click Here
Energous Corporation (WATT) saw impressive gains during early afternoon trading on Thursday with shares up 8.61%, trading at $9.08 per share. The Company today announced that it will be holding a conference call on Wednesday, February 27 to discuss its financial results for the fourth quarter and full year ended December 31, 2018.
Earlier in January, the Company launched pre-products for its new WattUp-enabled devices. At the time of the demonstration, Stephen Rizzone, president and CEO of Energous, said, "these products, as well as a number of others from top-tier companies that are restricted under NDAs, are production-ready and we expect to see them entering the market in the coming months."
For More Information On Energous Corporation, Click Here
SunPower Corporation (SPWR) earlier this week announced financial results for its fourth quarter ended December 30, 2018, at which time the Company shared that it posted solid financial performances for the quarter while achieving several major milestones.
Tom Werner, Chairman, and CEO of SunPower said, "we executed well in our North American distributed generation (DG) business as demand remained strong in the fourth quarter. In particular, our U.S. residential business saw annual deployment growth of more than 15 percent. We saw increased demand for our complete residential Equinox solution, further traction for our loan product, and expanded our leadership position in the new homes channel with partnerships with 17 of the top 20 U.S. new home builders."
For More Information On SunPower Corporation, Click Here
What Is Stock Price (StockPrice.com)?
Stock Price is defined as the price of a single share of a number of saleable stocks of a public company. A stock price is the highest amount an investor or trader is willing to pay for the stock, or the lowest amount that it can be bought for.
StockPrice.com was created for everyone that wants the latest stock quotes, stock charts, company news, and the best financial content.
At Stock Price (StockPrice.com), you get free stock quotes, up-to-date news, international market data, social interaction and the best financial content that will help you manage your financial life.
Legal Disclaimer
Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. JSG Communications, LLC which owns www.StockPrice.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.
JSG Communications, LLC, which owns www.StockPrice.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. JSG Communications, LLC, which owns www.StockPrice.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two.
An Affiliate of JSG Communications, MIDAM VENTURES LLC has been compensated $75,000 per month for 3 months by ParcelPal Technology, Inc. for a period beginning September 1, 2018 and ending February 1, 2019 to publicly disseminate information about (PTNYF/PKG). We may buy or sell additional shares of (PTNYF/PKG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares.
Please click here for full disclaimer.
Contact Information:
[email protected]
SOURCE: StockPrice.com
