Neonode Inc. (NASDAQ: NEON) is a maker of optical touch and gesture solutions. It was incorporated in 1997 and has consistent minuscule revenue since inception. NEON’s stock price has recently reached new highs for the year due to PRs with no financial details and questionable prospects. Meanwhile, the company’s revenue-generating ability and profitability have not improved much since 2017 while its stock is up 350% since January 2nd without any tangible financial improvement, just promises that have yet to be translated into revenue and profit.
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