Shares of Sigma Labs Inc. (OTC: SGLB), a company engaged in the development and commercialization of manufacturing and materials technologies, and R&D solutions, are soaring in trading today. At last check, SGLB shares were trading 13.02% higher at $0.0790 on above average volume of 17.84 million. The stock hit a 52-week high of $0.08 earlier today. SGLB shares have gained nearly 50% in the last three trading sessions.
SGLB shares have been gaining momentum despite there being no recent news or development related to the company. The gains, therefore, could be due to some stock promotion activity.
Shares of Raystream Inc. (OTC: RAYS), a provider of video compression services in the U.S. and internationally, are seeing a huge rally in trading today. At last check, RAYS shares were trading 207.69% higher at $0.0041 on above average volume of 96.22 million.
RAYS shares are surging after the company said that it is moving forward to bring its financial filings current and entertaining business opportunities for generating new revenue streams.
Shares of GateHouse Media Inc. (OTC: GHSE), a company engaged in publication of print and online media in the U.S., are rallying in trading today. At last check, GHSE shares were trading 55.52% higher at $0.0451 on above average volume of 3.35 million. The stock hit an intra-day high of $0.06 earlier today.
Back in May, GHSE reported its financial results for the first quarter of 2013. The company’s total digital revenue for the quarter rose 14.9%. The company’s total revenue for the quarter stood at $110.9 million, down 6% on a year-over-year basis.
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