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US stock quick picks – Aug 3

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Shortlist of US stocks

 

Top Movers: Under $10

VSee Health Inc. (VSEE) is up 112.35% today to trade at the current level of $5.16. This comes after the company announced an agreement with Ava Robotics to develop Telepresence solutions for the Hospital Inpatient Intensive Care Market.

OS Therapies Inc (OSTX) zoomed 45.00% in today’s trade to $3.64 after announcing the formation of a Patient Advocacy Advisory Board (PAAB) for its osteosarcoma program.

In current trading, MKDWELL Tech Inc. (MKDW) stock is at $3.15 following its recent listing on the Nasdaq on August 1, 2024.

Exicure Inc (XCUR) rose 33.99% in the early hours of today’s trading to move at $0.66. The company received a positive listing determination from Nasdaq.

In the current trading session, Cerus Corp. (CERS) jumped 11.60% to $2.28 over a previous close of $2.04 after announcing financial results for its second quarter and six months ended June 30, 2024.

 

Ex-Dividends Stocks

Citigroup Inc (C) is about to trade ex-dividend on Monday, meaning that investors who buy the stock after tomorrow will not be eligible for the next dividend payment. The company’s next dividend payment will be $0.56 per share. It has fixed August 05 as the record date for the same and will pay the actual dividend on August 23. Last year, the company distributed a total of $2.12 to its shareholders. Based on the last year’s worth of payments, C has a trailing yield of 3.62% on the current stock price of $58.60.

Shares of Synchrony Financial (SYF) will be the talk of the stock market on Monday as the stock will turn ex-dividend. The company’s next dividend payment will be $0.25 per share, and in the last 12 months, it paid a total of $1.00 per share. Last year’s total dividend payments show that SYF has a trailing yield of 2.20% on the current share price of $45.38.

Tomorrow, Cal-Maine Foods, Inc. (CALM) is also set to go ex-dividend on Monday. The next dividend payment from CALM will amount to $0.77 per share. August 05 has been designated as the record date for this dividend, with the actual payout scheduled for August 20. In the previous year, CALM distributed a total of $1.87 to its valued shareholders. Considering the cumulative dividend payments from last year, the trailing yield for CALM stands at 2.63% based on the current stock price of $71.30.

Core Laboratories Inc (CLB) will be paying out a dividend of $0.01 per share to shareholders holding their shares as of the close of business hours on the record date of August 05. Over the past 12 months, CLB has paid out a total of $0.04 per share in dividends. Based on the total dividends paid out last year, CLB boasts an impressive trailing yield of 0.18% on the current share price of $22.09

 

Crypto Market Highlights

Hong Kong’s largest online brokerage, Futu Securities International, offers new customers deposit bonuses in Bitcoin for opening accounts.

 

Cathie Wood’s ARK Invest resumes trading tens of millions of dollars in crypto-related stocks and ETFs in a single day.

 

The FBI warns about scammers impersonating crypto exchanges to steal users’ funds.

 

The Worldcoin Foundation introduces its World ID-issuing orb in Austria, expanding access to its digital identity verification technology in Europe.

 

Coinbase chief legal officer Paul Grewal denies accusations of violating campaign financing laws with a $25 million donation to a super PAC in May 2024.

 

 

 

by Stocks Telegraph

Image by Malinaphotocz from Pixabay

Disclaimer: Readers are encouraged to seek professional financial advice and exercise their own judgment with regard to their own personal needs and circumstances before making any investment decision.