Today, Vislink Technologies (NASDAQ:VISL) is a stock that’s on the move in a big way. Shares of VISL stock rocketed well more than 40% in earlier trading, though afternoon selling has taken this stock lower at the time of writing.
Today, it appears Vislink is among the companies being targeted on social media as a Trump-related trade. In addition to Remark Holdings (NASDAQ:MARK) and Sharecare (NASDAQ:SHCR), investors are looking at ways of playing the recent Digital World Acquisition (NASDAQ:DWAC) merger with the Donald Trump-led initial public offering (IPO) of Truth Social coming soon.
Indeed, how investors come to link these companies together can be quite convoluted. However, we’re in the midst of a rather speculative market right now. Any sort of rumor has the potential to take any stock higher. For investors looking for high-leverage speculative plays, it appears VISL stock has made the list.
That said, let’s dive into a few things investors may want to know about Vislink. After all, this is a very small cap stock with little coverage.
What to Know About VISL Stock
- Vislink is a wireless communications company operating globally.
- The company provides live production products and solutions, including high-definition communication links.
- Vislink’s clientele includes corporate as well as military and government clients.
- Accordingly, this company is viewed as a relatively insulated play in providing an essential good.
- The company was incorporated in 2002 and is based in New Jersey.
- Currently, Vislink has a market cap of just under $100 million.
- This company is currently up approximately 20% year-to-date, but it is down more than 60% from its 52-week high.
With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.
Read More: Penny Stocks — How to Profit Without Getting Scammed
On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
