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 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

Wipro Limited (NYSE:WIT) shares surged over 16% after reporting Q3 results, guidance, and an interim dividend. Other stocks showed significant movement in Friday's mid-day session, with various gainers such as Charge Enterprises, Inc. (NASDAQ:CRGE) and losers like Genius Group Limited (NYSE:GNS). Notable movements included Flexsteel Industries, Inc. (NASDAQ:FLXS) rising after strong Q2 preliminary results and Delta Air Lines, Inc. (NYSE:DAL) falling post Q4 financial results and 2024 guidance.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 6:28 pm

In Friday's intraday trading session, several information technology stocks experienced significant movements. Airspan Networks (MIMO) saw a sharp increase of 55.7%, while Wipro (WIT) rose by 18.46% following their Q3 earnings release. Other gainers included UTime (WTO), Inpixon (INPX), OMNIQ (OMQS), and EMCORE (EMKR). Conversely, SEALSQ (LAES), Spectaire Holdings (SPEC), Argo Blockchain (ARBK), WISeKey Intl Holding (WKEY), Greenidge Generation Holding (GREE), and Stronghold Digital Mining (SDIG) faced notable declines.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 5:31 pm

Benzinga's Stock Whisper Index highlights five stocks: Sana Biotechnology Inc (SANA) after FDA clearance for an IND, DocGo Inc (DCGO) responding to a short report and providing revenue estimates, SEALSQ Corp (LAES) with increased revenue and extended semiconductor offerings, Elicio Therapeutics (ELTX) dosing the first patient in a Phase 2 study, and EchoStar Corp (SATS) after completing a merger with Dish Network Corp and receiving a $50 million grant. SANA shares are up 82% in the last month, while DCGO shares declined after the short report.

Portfolio Pulse from Chris Katje

January 12, 2024 | 5:00 pm

U.S. stocks traded higher following the release of Producer Price Index (PPI) data showing a 0.1% decline in December, aligning with the previous month and defying market expectations of a 0.1% increase. Energy shares led gains with a 1.4% jump, while consumer discretionary shares saw a marginal rise. Charge Enterprises (CRGE), Spectral AI (MDAI), and Volcon (VLCN) experienced significant stock price increases. Conversely, Genius Group (GNS), VCI Global (VCIG), and SEALSQ Corp (LAES) saw their shares fall sharply after announcing public offerings and closing of private placements. Commodities like oil and gold traded higher, and European and Asian markets showed mixed results.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 2:55 pm

In Friday's pre-market session, several information technology stocks showed significant movement. Pixelworks (PXLW) led the gainers with an 18.8% increase to $1.64, while SEALSQ (LAES) led the losers with a 28.7% decrease to $2.26. Other notable gainers included BTCS, FOXO Technologies, CISO Global, Inpixon, and BTC Digital, with increases ranging from 7.85% to 12.62%. On the losing side, Agora, Infobird Co, Greenidge Generation Hldg, Stronghold Digital Mining, and Cipher Mining saw declines between 5.13% and 6.55%.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 1:05 pm

VCI Global Limited (NASDAQ:VCIG) shares dropped approximately 30% in pre-market trading due to the announcement of a $2.75 million public offering. Other stocks experienced significant movements in pre-market trading, with notable gainers including Volcon, Inc. (NASDAQ:VLCN), Charge Enterprises, Inc. (NASDAQ:CRGE), and Flexsteel Industries, Inc. (NASDAQ:FLXS), which reported strong preliminary Q2 results. Conversely, SEALSQ Corp (NASDAQ:LAES) and Future FinTech Group Inc. (NASDAQ:FTFT) were among the pre-market losers, with FTFT's CEO being charged with fraud and disclosure failures by the SEC.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 12:52 pm

In Thursday's after-market session, several information technology stocks saw significant movement. BTC Digital, Powerbridge Technologies, Meta Materials, UTime, EMCORE, and Arqit Quantum were gainers, with increases ranging from 4.21% to 14.3%. Conversely, SEALSQ, E2open Parent Holdings, Spectaire Holdings, Alarum Technologies, AEye, and Datasea were losers, with declines between 3.43% and 20.8%. E2open's recent Q3 earnings release is noted.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 9:31 pm

U.S. stocks closed slightly lower with the Dow Jones down 0.05%. Energy shares rose by 0.1%, while utilities fell by 2.3%. First Financial Northwest, Inc. (FFNW) surged 48% after an acquisition announcement by Global Credit Union. SEALSQ Corp (LAES) and Transphorm, Inc. (TGAN) also saw significant gains after positive revenue news and an acquisition plan, respectively. Clearmind Medicine Inc. (CMND), Richardson Electronics, Ltd. (RELL), and Office Properties Income Trust (OPI) experienced sharp declines due to a pricing of a placement, weak quarterly results, and a dividend cut, respectively. Oil prices increased by 0.9%, and U.S. consumer prices rose by 0.3% in December, with the annual inflation rate at 3.4%.

Portfolio Pulse from Avi Kapoor

January 11, 2024 | 7:32 pm

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