Micro Cap Bid Up Right Before Opening Bell - InvestingChannel

Micro Cap Bid Up Right Before Opening Bell

A Maryland-based micro cap is already finding success so far during Tuesday’s premarket hours after it was announced that the company reported very positive responses from its initial groups of beta testers of its Artificial Intelligence (AI) driven Slinger App for tennis.

With AI still dominating headlines across the financial markets, it’s no wonder that traders got excited on the news as shares of Connexa Sports Technologies Inc. (Nasdaq:CNXA) are currently bid up at $0.2355/share  (+34.57% implied open for sellers) at the time of writing. It should be an exciting session for this micro cap!

Connexa Sports Technologies Inc. operates as a sports company. It delivers products, technologies, and services across the watch, play, learn, and subscription-as-a-service activities in sports. The company was formerly known as Slinger Bag Inc. and changed its name to Connexa Sports Technologies Inc. in May 2022. Connexa Sports Technologies Inc. is based in Windsor Mill, Maryland.

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