Streetbeat News

LAES

SEALSQ Corp

https://www.sealsq.com

Industry

Semiconductors

SEALSQ Corp develops and sells semiconductor chips for private and public sectors. The company offers semiconductors and smart card reader chips; identity provisioning services; and managed PKI for IoT solutions. It serves consumer electronics, aerospace and military, satellite and telecommunications, smart energy and smart building, smart industries, logistics, medical, and consumer industries. SEALSQ Corp was incorporated in 2022 and is based in Cointrin, Switzerland. SEALSQ Corp is a subsidiary of WISeKey International Holding AG.

Open

0.44

Mkt cap

14M

Volume

786K

High

0.44

P/E Ratio

-0.73

52-wk high

3.95

Low

0.38

Div yield

N/A

52-wk low

0.29

The article reports on the after-market session movements of various information technology stocks. Notable gainers include XTI Aerospace, AEye, FOXO Technologies, Akoustis Technologies, Data Storage, and Braze. On the losing side, Alpha Technology Group, QXO, Rekor Systems, XIAO-I, Signing Day Sports, and SEALSQ experienced declines.

Portfolio Pulse from Benzinga Insights

October 11, 2024 | 8:30 pm

In Wednesday's pre-market session, several information technology stocks experienced significant movements. Astera Labs (ALAB) led the gainers with a 16.5% increase, while Mobilicom (MOB) saw the largest decline at 17.8%.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 12:07 pm

SEALSQ Corp (NASDAQ:LAES) announced its technology supports the Internet of Medical Things (IoMT) by providing key security components for secure communications and device authentication. This is crucial as IoMT revolutionizes healthcare but also raises security concerns. SEALSQ's solutions are already in use in the medical industry, including smart card reader chips and PKI solutions.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 1:30 pm

WISeKey and its subsidiary SEALSQ are promoting a semiconductor fab project in Switzerland to boost domestic chip production and reduce reliance on imports. This initiative aims to enhance global supply chain security and foster a domestic semiconductor ecosystem.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 6:55 am

Maxim Group analyst Matthew Galinko maintains a Buy rating on SEALSQ (NASDAQ:LAES) but lowers the price target from $2.25 to $1.75.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 6:19 pm

On Thursday, several information technology stocks experienced significant intraday movements. Notable gainers included Alpha Technology Group, Nano Labs, and Yxt.Com Group Holding, while major decliners were Neonode, Pagaya Techs, and Super Micro Computer.

Portfolio Pulse from Benzinga Insights

September 26, 2024 | 4:30 pm

WISeKey International Holding Ltd. announced the roadmap for its SEALCOIN platform, with a whitepaper release set for October 2024. The platform aims to facilitate secure IoT transactions using Hedera Hashgraph technology. Key milestones include a successful PoC, pre-seed investment, and upcoming regulatory compliance steps.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 6:42 am

SEALSQ (NASDAQ:LAES) reported a significant decline in its financial performance for the first half of the year, with EPS dropping from $(0.06) to $(0.37) and sales falling from $14.75 million to $4.83 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 8:07 pm

SEALSQ is planning to enhance its Public Key Infrastructure (PKI) offerings by integrating post-quantum cryptography and semiconductors. This move aims to ensure future-proof security solutions.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 1:22 pm

Semiconductor stocks are experiencing a decline in share prices due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 5:14 pm

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