It is highly unlikely for active investors to have not noticed the massive rally in the Lightwave Logic Inc (OTCMKTS:LWLG) stock over the course of the past week. Investors piled on to the stock in a frenzy over the course of the past week and during that period, the stock managed to deliver gains of a staggering 357%.
In light of such enormous gains, it might be a good move for investors to take a closer look at the stock. This morning the company is in the news after it announced that it was awarded a United States patent for a new invention that helps with the building of improved optical routing architectures meant for polymer-based integrated photonics. In addition to that, investors need to note that the product can also be scaled with partner foundries.
Hence, it goes without saying that the receipt of the new patent is a major new development for the company and it now remains to be seen if it does have any effect on the price action in the Lightwave Logic stock today.
The Chief Executive Officer of the company Michael Lebby spoke about the receipt of the new patent as well. He stated that the patent is going to help in accelerating the development of the integrated photonics platform that is being built by Lightwave Logic. It appears that it is a significant positive development for the company and it might now be a good idea for investors to add the stock to their watch lists.
The DeFi Technologies Inc (OTCMKTS:DEFTF) stock is expected to be in focus among investors this morning considering the sort of it had made last week. Last week the DeFi Technologies stock came into sharp focus among investors and ended the week with gains of as much as 40%. In light of such handsome gains, it might be a good idea for investors to take a look at the company a bit more closely.
As it happens, the company made a major announcement this morning that might have a bearing on the stock price as well. This morning the company announced that it signed a letter of intent with regards to the acquisition of the entirety of outstanding and issued securities of DeFi Yield Technologies Inc.
It is a major new development for the company and one that is expected to generate interest among investors. DeFi Yield is a privately held company and is best known for having its own automated yield engine. The engine helps people in making investments in the field of decentralized finance with far more ease and efficiency.
The company’s engine deploys some of the key strategies and protocols in the field of decentralized finance by way of which helps in maximizing yield while reducing risks to the minimum. It goes without saying that it could be a major acquisition for DeFi Technologies Inc and could make it a serious player in the fast-growing decentralized finance industry. Investors could do well to keep an eye on the stock today.