Markets

Stock Alert: BOQI International Medical Gains 60% On Quarterly Results

(RTTNews) - Shares of nano-cap company BOQI International Medical Inc. (BIMI) gained nearly 60% on Monday morning driven largely by the medical products maker's second-quarter results.

BIMI is currently trading at $3.12, up $1.18 or 60.8247%, on the Nasdaq.

Revenues for the quarter surged by 1026 % in the quarter to $3.79 million from last year. Profit for the quarter was $4.64 million or $0.46 per share, compared to last year's loss of $862 thousand or $0.11 per share.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

BIMI

Latest Markets Videos

    RTTNews

    Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

    Learn More