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Sunday, November 24, 2024

Shares in Energy 1 Corp. (EGOC:PKC) fall 11.29% in week ending May 7

Stock market 13 edited

Shares in Energy 1 Corp. (EGOC:PKC), based in Boca Raton, fell on Wall Street in the week ending May 7.

The lowest share price reached in the week was $0.0055 compared to a high of $0.0062.

Energy 1 Corp. in Boca Raton employs seven people and has reported $500,550 USD in income.

Despite a tumultuous year with the COVID-19 pandemic, the US stock market overall remained strong in 2021.

Tony Despirito at investment firm BlackRock said “Overall, companies have beat analyst expectations on both earnings per share and revenue growth. But the latter has been particularly strong.”

George Sweeney, a qualified financial advisor writing for The Motley Fool, cautioned the market will have to cool eventually, though it may not be a full crash as some predict.

“The market seems to flinch with any piece of news. My view is there could be a drop in the stock market...but only if there is some significant bad news or a global event.”

Nothing in this article is to be assumed as financial advice.

Share price of Energy 1 Corp. stocks in the week ending May 7

DateShare Asking Price
May 5$0.0055
May 4$0.0061
May 3$0.0061
May 2$0.0062

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