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AquaBounty Technologies Inc - AQB STOCK NEWS

Welcome to our dedicated news page for AquaBounty Technologies (Ticker: AQB), a resource for investors and traders seeking the latest updates and insights on AquaBounty Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AquaBounty Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AquaBounty Technologies's position in the market.

Rhea-AI Summary
AquaBounty Technologies, Inc. (NASDAQ: AQB) announces the decision to sell its Indiana farm operation to strengthen its balance sheet and increase cash position. The company plans to prioritize financing for its Ohio farm site construction. AquaBounty has engaged Berenson & Company as its investment bank for the sale process and additional financing alternatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.8%
Tags
none
-
Rhea-AI Summary
AquaBounty Technologies, Inc. (NASDAQ: AQB) announced its financial results for the third quarter and nine months ended September 30, 2023. The company generated $733 thousand in product revenue, a 12% year-over-year increase. However, the net loss in the third quarter was $6.1 million, with cash and cash equivalents totaling $17.8 million as of September 30, 2023. AquaBounty also entered into a Memorandum of Understanding with Noble Salmon to develop a salmon farm in Georgia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.86%
Tags
earnings
-
Rhea-AI Summary
AquaBounty announces 1-for-20 reverse stock split to comply with Nasdaq listing requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.87%
Tags
none
Rhea-AI Summary
AquaBounty Technologies announces promotion of David F. Melbourne Jr. to President
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
Tags
management
-
Rhea-AI Summary
AquaBounty Technologies, Inc. announced its financial results for Q2 2023, reporting a year-over-year decrease of 26% in product revenue. The net loss for Q2 2023 was $6.5 million. Cash and cash equivalents totaled $43.8 million as of June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.56%
Tags
earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.49%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
management
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.16%
Tags
earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.95%
Tags
earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.18%
Tags
none
AquaBounty Technologies Inc

Nasdaq:AQB

AQB Rankings

AQB Stock Data

7.66M
2.52M
1.17%
16.05%
4.47%
Research and Development in Biotechnology
Professional, Scientific, and Technical Services
Link
US
Maynard

About AQB

aquabounty technologies inc is a small company with offices in maynard, massachusetts, usa and fortune, prince edward island, canada. founded in 1991, aquabounty’s driving force is the belief that modern genetics, married with technological advances in aquaculture production, can spur a more responsible and sustainable way of farming atlantic salmon. breakthroughs in modern bioscience have revitalized aquaculture and aquabounty is at the forefront of this blue revolution.