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$SHFS — what the base rate says

$SHFS — what the base rate says

Somebody forgot to tell the stock what the headline said.

"SHFS Stock Declines Post Q3 Earnings Despite Loan and Deposit Growth" was published earlier today. Tonight $SHFS is +44.00% in the after-hours session.

The quarter underneath both is the same one. Revenue $1.9 million, up 6.5% year over year. Loan program income up 70.2%. Net loss $0.9 million. Ongoing litigation with potential losses up to $7.8 million, which is roughly four quarters of that revenue.

The feed has no second article for the reversal. What it has is the profile: a float of 919,166 shares.

A report that explained a decline earlier today is sitting under a 44% gain tonight, and nobody edited a word of it.

What the data showed

  • $CADL -39.09% Candel Therapeutics, Inc. mcap $706M · float 64M shares · sector: BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
  • $NPCE -33.61% NeuroPace, Inc. mcap $430M · float 11M shares · sector: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
  • $NEXR -28.57% Nexera Technologies Ltd mcap $1M · float 2M shares
  • $RIME -28.48% Algorhythm Holdings, Inc. mcap $2M · float 17M shares · sector: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN
  • $SST -23.95% System1, Inc. mcap $15M · float 3M shares · sector: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
  • $KLC -21.33% KinderCare Learning Companies, Inc. mcap $254M · float 111M shares · sector: SERVICES-CHILD DAY CARE SERVICES
  • $REKR -19.27% Rekor Systems, Inc. mcap $45M · float 119M shares · sector: COMMUNICATIONS EQUIPMENT, NEC
  • $VWAV -18.00% VisionWave Holdings, Inc. mcap $2M · float 2M shares · sector: SERVICES-PREPACKAGED SOFTWARE
  • $BSEM -17.69% BioStem Technologies, Inc. mcap $24M · float 13M shares · sector: BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
  • $AMPG -17.27% AmpliTech Group, Inc. mcap $77M · float 27M shares · sector: COMMUNICATIONS EQUIPMENT, NEC

SHFS has nine prior sessions where it opened up 5% or more. That is a story, not a sample. Check how deep a ticker's own gap history runs on FILTRIX.net before you let it argue for you.

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