WALL STREET MOVES TOWARD 24-HOUR TRADING AS BANKS AND EXCHANGES BUILD ALWAYS-ON MARKETS
Major U.S. banks, trading firms, and stock exchanges are working toward a new financial market structure that could allow trading of stocks and other assets 24 hours a day, mirroring the around-the-clock nature of cryptocurrencies and global electronic markets.
$VVOS drifting lower today on well below average volume. Not seeing heavy selling or aggressive shorting in the tape the last couple days — just thin liquidity with the rights offering news still in the air. Classic low-float action more than forced liquidation.
$VVOS announced intent to file for a transferable rights offering with a $1.25 floor. Gives existing shareholders a chance to participate instead of straight toxic dilution, and creates real incentive for the company to support the price higher into the process. Still layered on the pending Streeterville deal, but this structure is cleaner than what we’ve seen from them before imho.
$VVOS selling pressure appears to be coming from capital raise activity ahead of the Streeterville debt exchange. The 60-day sell freeze hasn’t started yet; it only kicks in once the exchange actually closes. This is pre-close overhang, not post-deal selling...imho
$NTRP acquiring controlling interest in YADA, a licensed TikTok partner agency. Adds real creator and content reach to accelerate the media-to-travel commerce ecosystem. Another concrete step while the top line inflects and analyst support is building. Tick tick
$NTRP catching a bid after Ascendiant raised their PT to $7.50 today on the Q4 beat. Real analyst support landing as the top line inflects. Insider buying has also shown up at these levels. Do we see some institutional buyers stepping in soon?? 🤔