Market Surge: Nuburu's NASA Contract, Novavax's Surprise Profit
- August 08th, 2023
- 379 views
Shares of Nuburu, Inc. (NYSE American: BURU) surged over 150% in pre-market trading as the company unveiled a groundbreaking contract with NASA.
The contract is set to demonstrate the feasibility of NUBURU's innovative Blue Laser technology for power beaming in space. This cutting-edge solution aims to address the substantial expenses tied to transporting essential copper or aluminum wires required to provide power to remote lunar or planetary bases.
In pre-market, $BURU was trading at $1.72, marking a notable increase of $1.13 (+196.04%).
In other news, Novavax, Inc. (Nasdaq: NVAX) revealed its second-quarter 2023 financial results, reporting an earnings per share (EPS) of $0.58 and revenues amounting to $424.43 million. This performance has defied market expectations, as analysts projected a loss of $1.39 per share on revenue of $239.16 million for the period.
$NVAX was trading at $8.16 in pre-market, up $0.64 (+8.51%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
NJCP Football League Provides Development and Opportunity for Athletes Pursuing the Next Level
March 20th, 2026March 19th, 2026How High School Graduates Can Kickstart Their Football Career
March 18th, 2026
Member Login