QuoteMedia Inc. (QMCI:QBB) shares down in week ending Aug. 6

Public Policy
Stock market 26 edited

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

Shares in QuoteMedia Inc. (QMCI:QBB), based in Fountain Hills, fell on Wall Street in the week ending Aug. 6.

The lowest share price reached in the week was $0.185 compared to a high of $0.1971.

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.

Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.

Share price of QuoteMedia Inc. stocks in the week ending Aug. 6

DateShare Asking Price
Aug. 3$0.195
Aug. 2$0.185
Aug. 1$0.1971

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS