Shares in QuoteMedia Inc. (QMCI:QBB) down in week ending May 28

Shares in QuoteMedia Inc. (QMCI:QBB) down in week ending May 28

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Shares in QuoteMedia Inc. (QMCI:QBB), based in Fountain Hills, fell on Wall Street in the week ending May 28.

The lowest share price reached in the week was $0.2305 compared to a high of $0.2496.

QuoteMedia Inc. in Fountain Hills employs 94 people and has reported $393,950 USD in income.

Despite a tumultuous year with the COVID-19 pandemic, the US stock market overall remained strong in 2021.

Tony Despirito at investment firm BlackRock said “Overall, companies have beat analyst expectations on both earnings per share and revenue growth. But the latter has been particularly strong.”

George Sweeney, a qualified financial advisor writing for The Motley Fool, cautioned the market will have to cool eventually, though it may not be a full crash as some predict.

“The market seems to flinch with any piece of news. My view is there could be a drop in the stock market...but only if there is some significant bad news or a global event.”

Nothing in this article is to be assumed as financial advice.

Share price of QuoteMedia Inc. stocks in the week ending May 28

DateShare Asking Price
May 27$0.2305
May 25$0.2469
May 24$0.2486
May 23$0.2496

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