BIMI Stock Surges Over 13% on OTC Market Despite Losses

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Dec 17, 2024

BIMI International Medical Inc. (BIMI, Financial) saw its stock price surge by 13.33% on the OTC market. The stock is currently priced at $0.009 per share with a trading volume of 310 shares. BIMI reported a revenue of $2.52 million, but a net loss of $3.01 million, equating to an earnings per share of -$0.49. The company has not received any investment ratings for buy, hold, or sell recommendations. The pharmaceutical retail sector, where BIMI operates, experienced a slight decline of 0.39%. In this sector, companies like Petmed Express, Inc., Sunlink Health Systems, Inc., and Scienture Holdings, Inc. showed notable gains.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.