FRSX - 24/7 Market News- Shift4 Payments begins trading; growing Fintech Company IPOs as Biotechs stay hot
DENVER, Colo., June 5, 2020- Shift4 Payments Inc. (NYSE:FOUR) begins trading today, after pricing its initial public offering at $23 per share last night. The payment-processing tech company’s IPO price is above its projected $19 to $21 per share range, as it expects to raise $345 million for the 15 million Class A shares offering. Shift4 reported increasing its first quarter revenues from $155 million, for the same year-ago period, to $199.4 million, while shrinking its loss from $13.5 million to $5.2 million, for the quarter. Even though the Dow futures are well above 1% higher premarket, the NASDAQ futures are just slightly in the green, but Foresight Autonomous Holdings (NASDAQ:FRSX) shares have more than doubled in premarket action, at $2.25 + $1.34 (+147.96%) on 10 million shares. The sensor systems, for the automotive industry, developer stated it started developing a mass screening product to help detect COVID-19 symptoms, using visible-light and thermal cameras. Emmaus Life Sciences’ (OTCQB:EMMA), a leader in sickle cell anemia disease treatment, market continues to follow through from its recent operational updates, closed yesterday’s session at $ 1.60 +0.07 (+4.58%) on 23,590 shares. Emmaus switched from a contract sales organization to its own direct sales force, which started on January 1, 2020, and continues to build its internal sales and marketing capabilities. In the first quarter of 2020, Emmaus increased sales by 10% over the preceding quarter and 39% over the same quarter of the prior year. Connect with 24/7 Market News on social media: https://twitter.com/247MarketNewsHQ https://www.facebook.com/247MarketNewsHQ/ About 24/7 Market News As a pioneer in digital financial market media, 24/7 Market News (24/7MN) is dedicated to the swift distribution of financial market news and information. 24/7 MN incorporates comprehensive corporate communications resources and tools to engage the investment community. DISCLAIMER: 24/7 Market News (24/7MN) is a third party publisher and news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7MN's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. Materials in this release are informational and should never be considered research. You must do your own due diligence by reading all available public information. This release is a corporate public statement, and believed to be reliable. The principle and editor of 24/7 currently owns no shares of the aforementioned companies, but has the right to buy and sell at any time of his choosing which could be viewed as a conflict of interest. 24/7 makes no representations and warranties to the completeness of materials provided and are subject to change without notice. 24/7 is not responsible for any gains or losses which result from our opinions or coverage expressed in our emails or our site and readers are cautioned that investing has risks and you may lose all or a portion of your money. For further information on 24/7 Market News, please go to www.247marketnews.com Cautionary Statement Regarding Forward Looking Information Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security. CONTACT: 24/7 Market News Editor@247marketnews.com