Home Trending Stocks In Pre-Market Trading, What Is Driving The9 Limited’s (NCTY) 15% Rise?

In Pre-Market Trading, What Is Driving The9 Limited’s (NCTY) 15% Rise?

The9 Limited (Nasdaq: NCTY) shares are on the uptick this morning, continuing the previous session’s rally. As of this writing, the stock was up +15.51% to $61.00 while it has added an impressive +37.13% to close the last session at $52.81.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

A volatility score of 25.40% is recorded for the week, and 28.60% for the month. The recent price level indicates a distance of 10.05% from SMA-20, and there is a distance of 102.86% between the current price level and SMA-50 while that is 406.06% for SMA-200.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Read More

NCTY announcing Tuesday said that it completed the signing of three legally binding Memorandums of Understanding (MOUs) with three separate Bitcoin mining machine owners to purchase bitcoin mining machines. The9 Limited will issue Class A Ordinary Shares to each of its buyers.

Different brands of Bitcoin mining machines, such as AvalonMiner, AntMiner, and WhatsMiner, are included in this batch. The total number of units in this batch of Bitcoin mining machines is 10,252, with a maximum hash rate of approximately 192PH/S.

The number of ordinary shares of Class A to be issued is subject to certain price adjustments to be assessed 6 months after the definitive agreements have been signed. This will involve the appointment of an independent valuation firm to assess the fair market value of Bitcoin mining machines. If needed, the number of ordinary shares will be adjusted accordingly.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

The company also this month announced that it will be releasing its 2020 unaudited financial results and recent development on the cryptocurrency mining business on March 29, 2021. The company will be discussing that performance and developments on a conference call with a webcast on March 30, 2021, at 8:00 AM U.S. Eastern Time.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

IT Tech Packaging Inc. (ITP) stock gains during pre-market. Here’s what’s happening?

IT Tech Packaging Inc. (NASDAQ: ITP) stock gained by 7.53% at last close while the ITP stock price rises by 2.04% in the pre-market...

Why did The9 Limited (NCTY) stock turnaround in the after-hours on Friday?

The9 Limited (NCTY) shares gained 6.87% in after-hours on Friday, July 30, 2021, and closed the weekly trading at $11.98 per share. in the...

Energous Corporation Inc. (WATT) stock declines during after-market. Here’s to know why?

Energous Corporation Inc. (WATT) stock gained by 7.05% at last close whereas the WATT stock price plunged by 7.82% in the after-hours trading session....

AMAZON Inc. (AMZN) stock fell during after-market. Here’s the update

Amazon Inc. (NASDAQ: AMZN) stock plunged by 0.84% at last close however moving ahead the AMZAN share price also declines by 7.44% in the...

Cocrystal Pharma Inc. (COCP) stock soars during current market. Here’s what you should know

Cocrystal Pharma Inc. (NASDAQ: COCP) stock gains by 17.44% in the current market trading session. Cocrystal Pharma, Inc. is a clinical-stage biotechnology firm focused...

Best Inc. (BEST) stock gains during current market. Here’s the update?

Best Inc. (NASDAQ: BEST) stock rises by 5.45% during the current market. BEST Inc. is a prominent Chinese supplier of comprehensive smart supply chain...

Dolphin Entertainment Inc. (DLPN) stock rises during current market. Let’s find out why?

Dolphin Entertainment Inc. (NASDAQ: DLPN) stock gains by 17.47% to $9.21 today in the current market trading. Dolphin Entertainment is a leading independent entertainment...

General Electric Company Inc. (GE) stock sky-rocketing during pre-market. Here’s what you should know

General Electric Company Inc. (NASDAQ: GE) stock plunged by 2.56% at last close whereas the GE stock price surged massively during pre-market by 704.32%....

Related News

IT Tech Packaging Inc. (ITP) stock gains during pre-market. Here’s what’s happening?

IT Tech Packaging Inc. (NASDAQ: ITP) stock gained by 7.53% at last close while the ITP stock price rises by 2.04% in the pre-market...

Why did The9 Limited (NCTY) stock turnaround in the after-hours on Friday?

The9 Limited (NCTY) shares gained 6.87% in after-hours on Friday, July 30, 2021, and closed the weekly trading at $11.98 per share. in the...

Energous Corporation Inc. (WATT) stock declines during after-market. Here’s to know why?

Energous Corporation Inc. (WATT) stock gained by 7.05% at last close whereas the WATT stock price plunged by 7.82% in the after-hours trading session....

AMAZON Inc. (AMZN) stock fell during after-market. Here’s the update

Amazon Inc. (NASDAQ: AMZN) stock plunged by 0.84% at last close however moving ahead the AMZAN share price also declines by 7.44% in the...

Cocrystal Pharma Inc. (COCP) stock soars during current market. Here’s what you should know

Cocrystal Pharma Inc. (NASDAQ: COCP) stock gains by 17.44% in the current market trading session. Cocrystal Pharma, Inc. is a clinical-stage biotechnology firm focused...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam