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

0.38

Mkt cap

9.9M

Volume

3.7M

High

0.47

P/E Ratio

-0.67

52-wk high

3.95

Low

0.33

Div yield

N/A

52-wk low

0.29

In Friday's intraday session, several IT stocks experienced significant movements. Airspan Networks (MIMO) surged 63.0%, while Super Micro Computer (SMCI) rose 31.28%. Intchains Gr (ICG) increased by 15.53%, Presto Automation (PRST) by 11.66%, EMCORE (EMKR) by 11.53%, and SmartRent (SMRT) by 11.33%. Conversely, SEALSQ (LAES) dropped 20.3%, Remark Hldgs (MARK) by 13.98%, Cambium Networks (CMBM) by 13.79%, Taoping (TAOP) by 12.63%, Stronghold Digital Mining (SDIG) by 11.25%, and Mawson Infra Gr (MIGI) by 11.08%.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 5:31 pm

SEALSQ has announced a strategy in collaboration with WISeAI.IO at the Davos AI Roundtable. The article does not provide specific details about the strategy or its implications for either company. There is also a mention of LAES, but without context or relevance to the announcement.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 9:10 pm

In Wednesday's after-market session, several information technology stocks experienced movement. Remark Holdings (MARK), SEALSQ (LAES), Peraso (PRSO), Inseego (INSG), WM Tech (MAPS), and MicroCloud Hologram (HOLO) saw gains, while GSE Systems (GVP), Kingsoft Cloud Holdings (KC), NVE (NVEC), Pagaya Technologies (PGY), and BIO-key International (BKYI) experienced declines. Notably, NVE's Q3 earnings report was released.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 9:31 pm

In Wednesday's intraday session, several information technology stocks experienced significant movements. Airspan Networks Holdings (MIMO) saw a massive increase of 401.9%, while Syntec Optics Holdings (OPTX) and Alpha Technology Group (ATGL) also had notable gains. Conversely, Phunware (PHUN), DatChat (DATS), and Remark Holdings (MARK) faced steep declines. Other companies like Impinj (PI), Digital Ally (DGLY), HeartCore Enterprises (HTCR), Cemtrex (CETXP), AEye (LIDR), and SEALSQ (LAES) also saw their stock prices move, with varying impacts on their market capitalization.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 5:31 pm

SEALSQ Corp (NASDAQ:LAES) stock has seen a significant increase after a period of stagnation. The rise followed the announcement of its post-quantum semiconductor technology and preliminary unaudited revenue for 2023 showing a 29% increase from 2022. The company's participation in CES 2024 and the closing of a $10 million private placement also contributed to the stock's performance. Additionally, SEALSQ launched SEALCOIN.AI with Google Cloud, aiming to develop hardware and software for internet-driven devices. Despite a pullback on Friday, shares surged over 43% on Tuesday.

Portfolio Pulse from Ryan Gustafson

January 16, 2024 | 9:23 pm

In Tuesday's intraday session, several IT stocks experienced significant movements. Phunware (PHUN) saw a massive increase of 268.9%, while DatChat (DATS) and SEALSQ (LAES) also posted strong gains. On the downside, Applied Digital (APLD) dropped 22.1% after Q2 earnings release, with Minim (MINM), Inuvo (INUV), The9 (NCTY), Porch Group (PRCH), and Nvni Group (NVNI) also experiencing declines.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 5:31 pm

In Tuesday's pre-market session, several IT stocks showed significant movement. Phunware, SEALSQ, MariaDB, WISeKey Intl Holding, Bitdeer Technologies, and Infrared Cameras Holdings were gainers, with Phunware leading at a 50.5% increase. On the losing side, Bit Origin, Applied Digital, BIO-key Intl, BTC Digital, TeraWulf, and ARB IOT Group saw declines, with Bit Origin dropping 24.7%. Applied Digital's drop is attributed to its Q2 earnings report released today.

Portfolio Pulse from Benzinga Insights

January 16, 2024 | 1:05 pm

SEALSQ has announced the launch of SEALCOIN.AI, a new initiative in partnership with Google Cloud. The article suggests that this collaboration could involve leveraging Google Cloud's infrastructure and services to support the development and deployment of SEALCOIN.AI. However, the article does not provide specific details on the nature of the partnership or the expected impact on SEALSQ's business operations or financial performance.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:51 am

In Monday's intraday session, several IT stocks experienced significant movements. Wipro (WIT) saw a 17% increase after its Q3 earnings report. Airspan Networks (MIMO), EMCORE (EMKR), UTime (WTO), Inpixon (INPX), and Veritone (VERI) also gained. Conversely, SEALSQ (LAES), Minim (MINM), Argo Blockchain (ARBK), Movella Holdings (MVLA), Greenidge Generation (GREE), and The9 (NCTY) faced declines.

Portfolio Pulse from Benzinga Insights

January 15, 2024 | 5:30 pm

In Monday's pre-market session, several IT stocks showed significant movement. Inpixon (INPX) saw a substantial increase of 56.1%, while SMX (Security Matters) rose by 33.61%. UTime (WTO) and Pixelworks (PXLW) also experienced gains of 19.04% and 18.84%, respectively. Conversely, SEALSQ (LAES) dropped by 27.1%, and other stocks such as Alpine 4 Holdings (ALPP), BIO-key Intl (BKYI), SAI.TECH Global (SAI), Agora (API), and Cipher Mining (CIFR) saw declines ranging from 5.7% to 8.77%.

Portfolio Pulse from Benzinga Insights

January 15, 2024 | 1:05 pm

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