Streetbeat News

MINM

Minim Inc

Open

0.40

Mkt cap

1.1M

Volume

2.6K

High

0.40

P/E Ratio

-0.06

52-wk high

10.28

Low

0.40

Div yield

N/A

52-wk low

0.35

In Tuesday's after-market session, several information technology stocks saw significant movements. Minim, Remark Holdings, BTC Digital, Skyworks Solutions, Manhattan Associates, and Presto Automation experienced gains, with Skyworks and Manhattan Associates releasing their Q1 and Q4 earnings respectively. Conversely, SMX, Sobr Safe, Infobird Co, Oblong, Gorilla Tech Gr, and Avnet saw their stock prices decline.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 9:31 pm

David E. Lazar, an activist investor, has disclosed a significant 51% active stake in Minim Inc. This level of ownership suggests a potential for substantial influence over the company's strategic direction, operational decisions, and potential for future corporate actions such as mergers, acquisitions, or restructuring.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 9:28 pm

In Tuesday's intraday session, several IT stocks experienced significant movements. Pixelworks (PXLW) saw a 45.3% increase, while Baijiayun Group (RTC) dropped by 75.9%. Sanmina (SANM) rose by 30.03% following their Q1 earnings release, and Calix (CALX) fell 26.14% after their Q4 earnings. Other notable movers included Bit Origin (BTOG), Saverone 2014 (SVRE), Minim (MINM), CCSC Technology (CCTG), Airspan Networks Hldgs (MIMO), UTime (WTO), Quantum (QMCO), and Addvantage Technologies (AEY).

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 5:31 pm

On January 22, 2024, Minim, Inc. entered into agreements with Motorola Mobility to transfer inventory and settle debts. Additionally, Minim entered into a Securities Purchase Agreement with board member David Lazar to sell 2.8M shares of preferred stock at $1.00 each. The agreements with Motorola aim to streamline operations and reduce liabilities. The sale of preferred stock to Lazar includes conversion rights to common stock, voting rights, and full ratchet protection. Conditions for the sale include shareholder approval for a reverse stock split, an increase in authorized preferred stock, and changes to the company's Certificate of Incorporation and By-Laws.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 2:34 pm

Minim's stock price has declined following the announcement that the company received a deficiency letter from NASDAQ for not meeting the minimum stockholders' equity requirement.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:13 pm

Minim received a deficiency letter from Nasdaq for not meeting the minimum stockholders' equity requirement, as reported in an SEC filing on Friday evening.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:07 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 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 Friday's after-market session, several information technology stocks experienced movement. Prairie Operating (PROP) and Presto Automation (PRST) were among the gainers, with increases of 5.3% and 4.69% respectively. Mawson Infra Gr (MIGI), CISO Global (CISO), Rigetti Computing (RGTI), and Minim (MINM) also saw their stocks rise. On the losing side, Cyngn (CYN), Datasea (DTSS), EMCORE (EMKR), Security Matters (SMX), SAI.TECH Global (SAI), and Arqit Quantum (ARQQ) experienced declines, with CYN leading the losses at 6.4%. The movements reflect changes in investor sentiment and market dynamics for these companies.

Portfolio Pulse from Benzinga Insights

January 12, 2024 | 9:31 pm

In Wednesday's pre-market session, several information technology stocks showed significant movement. Nvni Group (NVNI) shares surged 64.1% to $3.17, SMART Global Holdings (SGH) rose 12.56% to $20.79 following Q1 earnings, and E2open Parent Holdings (ETWO) increased by 11.97% to $4.3 post Q3 earnings. Conversely, Aehr Test Systems (AEHR) fell 16.6% to $18.64 after Q2 earnings, and other stocks like Mawson Infrastructure Group (MIGI), Taoping (TAOP), CalAmp (CAMP), ComSovereign Holding (COMS), and Stronghold Digital Mining (SDIG) also experienced declines.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 1:05 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.