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FingerMotion Inc - FNGR STOCK NEWS

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

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 FingerMotion'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 FingerMotion's position in the market.

Rhea-AI Summary
FingerMotion, Inc. filed a lawsuit against Capybara Research for securities fraud, tortious interference, and defamation. The company later added claims against Benzinga for similar allegations. FingerMotion reached a settlement with Benzinga to remove references to Capybara's article from its website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.79%
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none
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Rhea-AI Summary
FingerMotion, Inc. (NASDAQ:FNGR) and its CEO, Martin J. Shen, received awards at the FiNext Conference in Dubai. The company won the Excellence in Finance - Companies Award, and Mr. Shen received the Excellence in Finance - Leaders Award for his contribution to the finance industry. The awards recognize exceptional performance, innovation, and leadership within the finance and fintech sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.1%
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none
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Rhea-AI Summary
FingerMotion, Inc. (NASDAQ:FNGR) announces the outcomes of its recent annual meeting of stockholders, including the election of new board members, appointment of an independent registered public accounting firm, approval of executive compensation, and re-appointment of key executive officers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
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none
Rhea-AI Summary
FingerMotion, Inc. (FNGR) will be participating in The Microcap Conference from January 30 to February 1, 2024, with CEO Martin J. Shen presenting on January 31 at 12:30 pm ET. Interested parties can register to attend the event and schedule one-on-one meetings with the management team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
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none
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Rhea-AI Summary
FingerMotion, Inc. (NASDAQ:FNGR) has announced the preliminary approval of a dividend in kind of warrants to purchase shares of the company's common stock. The terms and dates for the dividend will be determined by the Board of Directors, and the company intends to file a registration statement with the SEC for the purpose of registering the dividend warrants and the underlying common shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
Tags
management dividends
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Rhea-AI Summary
FingerMotion, Inc. CEO, Martin Shen, provides a corporate update outlining the revenue mix, recognition of revenue, and transition to increasing gross margins. The majority of revenue is derived from Telecommunication Products and Services, including Top Up and Recharge services, subscription plans, mobile phone sales, and cloud services. The revenue recognition for Cloud Services is variable, impacting quarterly revenue and earnings guidance. Despite challenges and fluctuations in Q3 of fiscal 2024, the company has shown an increase in revenue and gross profit, positioning them well for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
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none
Rhea-AI Summary
FingerMotion, Inc. (NASDAQ:FNGR) reported its financial results for Q3 of fiscal 2024, showing a decrease in revenue by 46% compared to Q3 2023. The company experienced a challenging market in all business segments, with a decrease in gross profit and a quarterly loss of $1.94 million. Despite this, the company's suite of products and services remains essential to the Chinese economy, and management sees optimism for the future, aiming for positive cash flow and profitability through new business segments and cost management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.38%
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earnings
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Rhea-AI Summary
FingerMotion, Inc. (NASDAQ:FNGR) announces the launch of new consumer application 'Da Ge' for car care services, targeting a subscriber base of 2,000,000 by the end of 2024. The app is expected to generate positive cash flow and reflects the company's ability to adapt to market conditions. FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
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Rhea-AI Summary
Lind Partners (LIND) Faces Misinformation Campaign Over Last 15 Months
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.33%
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News
Rhea-AI Summary
FingerMotion, Inc. (NASDAQ:FNGR) provided an update on its Big Data subsidiary Sapientus. The company highlighted the commercialization potential of its Big Data models, the gradual transition of existing partners to large-scale commercialization, and the evolving product modules, particularly in the insurance sector. The company also plans to move from per-usage charges to profit sharing and/or commission-based arrangements. The CEO emphasized the transformative year for Sapientus and outlined objectives for 2024, including steady expansion of services, additional re/insurer partnerships, and brokerage services and solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.51%
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none
FingerMotion Inc

Nasdaq:FNGR

FNGR Rankings

FNGR Stock Data

110.35M
37.07M
29.43%
4.08%
3.27%
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About FNGR

current offerings fingermotion is analyzing and transforming mobile data to improve the lifestyle of the public through technology and innovation. the company’s current offerings include: telecommunications products and services – fingermotion’s proprietary universal exchange platform, ‘pigeonhole integration system (pis)’, offers seamless integration between telecom operators and online stores. the service platform’s offerings include top up and recharge, data plan, mobile phone, loyalty points redemption and subscription plans. the platform offers reliable and secure transactions, real-time reconciliation, simple integration for partners and efficient settlements. sms and mms services – the integrated platform is registered as fingermotion’s ip in china and provides a robust back-end control panel for corporate partners to manage their own messaging settings. fingermotion’s clients range from insurance to financial industries, ecommerce firms, airlines and more. the platform offer