Latest news for Rafina Innovations (OTC:VICA) Stock

Rafina Innovations Inc through its subsidiaries is involved in the development of monitoring technologies, set up of rehabilitation centers, development of intellectual property related to everyday fields such as healthcare, sports, automotive and gaming as well as the creation of full-service Prosthetics and Orthotics and Diabetic foot clinics chain in Europe and the Middle East. The firm's main products include Flexisense technology and Rehabilitation clinics etc. It has Clinics and Technology operating segments and derives a majority of its revenues from Clinics segment.

News

Movers & Shakers

Intraday Update

Markets

Movers

Trading Ideas

General

ABML

AGHC

AITX

AMCF

AMHPF

AMLH

AMMJ

ARDS

AVLP

BERK

BONTQ

BOSQF

BSPM

BYDDF

CAMP

CGOTF

CNNXF

CYCA

DLOC

DXBRF

ECDP

EKSO

ELIO

ELLXF

EMBI

FERL

FNCTF

FPAFY

FWDG

FZMD

GCFB

GLGLF

GLRI

GNBT

GRPN

GTII

HBGRF

HBSI

HMLN

HMPQ

IGXT

IMEXF

INSYQ

IPICQ

KGET

KGRSY

KMPH

KUKAF

LATF

MAGS

MGXMF

MMJJF

NABIF

NEWA

NIMU

NSANF

NSANY

NVFY

OECCF

OGDCF

OTLK

PBMRY

PRSEY

PSRU

PTOTF

REFG

RIGH

SBFM

SCIL

SCOO

SELR

SFET

SGLRF

SMBMF

SPHS

STTH

SVBL

SYZLF

TCHC

TGRO

VCSY

VICA

VLRX

WRLD

YTRA

LCTX

Stocks That Hit 52-Week Lows On Monday

ACNNF

AESE

AFTM

ASCENDANT RES INC ORD by Ascendant Resources Inc.

ASDRF

ASHXF

ARTEMIS THERAPEUTICS INC by Artemis Therapeutics, Inc.

ATMS

BSAC

BWLVF

CADMF

CAMZF

CAPR

CFWFF

CHLKF

CLPHY

CLXT

CRLI

CRPOF

CTRA

DIDAY

DRRSF

ENDV

ETST

EVAHF

EXTN

FAVO

FLOOF

GOTRF

GWEFF

ICOA

IDRA

IMMR

INCAF

INDXF

INPX

IRBT

ISRJF

LKSD

LORL

MAYNF

MMJFF

MMNFF

MRTMF

MTFBF

NAII

NKRKF

NRGMF

NSCO

NTGN

NWKFF

OSTK

OWCP

PHVAF

PREA

RAIL

RASFQ

RCKHF

RDWD

RITE

SARSF

SNNAF

SPLIF

SRAX

SRCAF

SYAAF

TIGR

TTMZF

UVSE

TPHS

BMIN

RAIO

AXPWQ

Stocks That Hit 52-Week Lows On Friday

RAFINA INNOVATIONS INC by Rafina Innovations Inc.

Rafina Innovations Inc

VICAPSYS LIFE SCIENCES by Vicapsys Life Sciences, Inc.

Vicapsys Life Sciences Inc

Vicarious Surgical Inc. Class A Common Stock

Vicarious Surgical Inc

Vicarious Surgical Inc. Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share

SA DES CIMENTS VICAT by Sa des Ciments Vicat

Vicat SA

Every four years, a Summer Olympics competition is held with viewers around the world tuning in to cheer on their country's athletes in the hope to top the medal count and celebrate the pride <a href="https://www.benzinga.com/topic/olympics">of their country.</a>
While the Olympics are important to media companies, sports fans and others, here's a look at their impact on the stock market.
Stock Markets During Summer Olympics: The stock market doesn't close for the Summer Olympics, but could see volatility for several companies that could be impacted by the games including <a href="https://www.benzinga.com/general/entertainment/24/07/39733479/nba-fans-rejoice-new-76b-deal-from-espn-amazon-nbc-will-bring-games-seven-days-a-week">U.S. media rights holder</a> Comcast Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>).
Other than stocks with direct ties to the Olympic games, the stock market sees little correlation between the games and price action. The country that wins the most countries often doesn't see a material impact from taking the top honors.
One market that is more heavily impacted is the stock market of the host country, which often sees a spike when the country is selected as the host and shortly before the games before cooling off during the games and directly after.
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the S&amp;P 500 Index was up 1.0% and 1.1%, respectively, during the duration of the 2016 Summer Olympics (Aug. 5, 2016-Aug. 21, 2016) in Rio de Janeiro, Brazil, and the 2020 Summer Olympics (July 23, 2021-Aug. 8, 2021) in Tokyo. Japan.
While the past two Summer Olympics produced minimal returns for the S&amp;P 500, the SPY was up 2.9% and 2.4% respectively during the duration of the 2012 Summer Olympics in London, England, and the 2008 Summer Olympics in Beijing, China.
For comparison, a look at the country-specific ETFs of the Olympics host nation turned in lower returns than the S&amp;P 500.
In 2020, the iShares MSCI Japan Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWJ#NYSE">EWJ</a>) was flat during the Summer Olympics, going from $67.78 to $67.82, or a total gain of 4 cents.
The iShares MSCI Brazil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWZ#NYSE">EWZ</a>) was up 1.0% during the 2016 Summer Olympics.
The 2008 Summer Olympics may stand out as an example of volatility with the games. While the U.S. won the most medals overall (112 to China's 100), China took home the most gold medals (48 to USA's 36). This is the last time the U.S. didn't finish first in the gold medal race.
The iShares China Large-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) was actually down 2.1% during the 2008 Summer Olympics, compared to the 2.4% gain for the SPY mentioned above.
A Bespoke Investment study <a href="https://www.businessinsider.com/stock-market-performance-during-the-olympics-2016-8">shared </a>by Business Insider in 2016 found that the S&amp;P 500 averaged a +1.75% gain during the duration of each Summer Olympics from 1928 to 2012. The study also found that the benchmark indices of host countries had a similar gain of +1.74% during each Summer Olympics.
One result also stands out in the study with the S&amp;P 500 up 9.41% during the 1984 Summer Olympics, hosted in Los Angeles, California.
The Summer Olympics return to Los Angeles in 2028, the first time the U.S. has hosted since the 1996 games in Atlanta, Georgia.
Read Also: <a href="https://www.benzinga.com/general/sports-betting/24/07/39940590/scottie-scheffler-gold-medalist-golfer-looks-to-turn-2024-pga-tour-success-into-a-2024-oly">Scottie Scheffler, Gold Medalist? Golfer Looks To Turn 2024 PGA Tour Success Into A 2024 Olympic Medal</a>
U.S. Medal Dominance: The U.S. has dominated the medal counts in the Summer Olympics, ranking with more than 1,000 medals ahead of the next closest country.
The U.S. has 2,975 total Olympic medals according to the Olympic Foundation and a CBS News <a href="https://www.cbsnews.com/news/2024-paris-games-most-olympic-medals-ever/">report</a>. Ranking behind the U.S. are the Soviet Union with 1,204 medals and Germany with 1,058 medals.
For gold medals, the U.S. ranks first with 1,179, followed by the Soviet Union with 473 and Germany with 342.
In the <a href="https://olympics.com/en/olympic-games/rio-2016/medals">2016 </a>Summer Olympics, the U.S. had 121 total medals, ranking ahead of China (70) and Great Britain (67). The U.S. had 46 gold medals in 2016 topping Great Britain (27) and China (26).
At the <a href="https://olympics.com/en/olympic-games/tokyo-2020/medals">2020 </a>Summer Olympics, the U.S. had 113 total medals, topping China (89) and the Russian Olympic Committee (71). USA led the way with 39 gold medals in 2020 topping China (38) and Japan (27).
The U.S. is once again favored to win the most medals and gold medals. Odds from DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) give U.S. odds of -2500 to win the most medals, followed by China at +900 and Japan and Great Britain tied with odds of +5,000.
The odds for most gold medals are slightly closer with U.S. favored at -750, ranking ahead of China (+350) and France (+6,500).
The 2024 Summer Olympics in Paris are July 26 through August 11.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports/24/04/38206683/going-for-the-gold-and-50k-cash-2024-summer-olympic-winners-in-one-sport-will-be-financially-rewar">Going For The Gold And $50K Cash: 2024 Summer Olympic Winners In One Sport Will Be Financially Rewarded</a></li>
</ul>
Photo: Qubix Studio via Shutterstock

Sports Betting

Broad U.S. Equity ETFs

Specialty ETFs

Sports

Global

ETFs

CMCSA

DKNG

Do Summer Olympics (And Gold Medals) Matter To The Stock Market? The Results May Surprise You

Orchid Island Cap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORC#NYSE">ORC</a>) reported quarterly losses of $(0.09) per share which missed the analyst consensus estimate of $(0.07) by 28.57 percent. The company reported quarterly sales of $(697.000 thousand) which beat the analyst consensus estimate of $(2.945 million) by 76.33 percent. This is a 92.04 percent increase over sales of $(8.760 million) the same period last year.

Earnings

Earnings Beats

Earnings Misses

Orchid Island Cap Q2 2024 Adj EPS $(0.09) Misses $(0.07) Estimate, Sales $(697.000K) Beat $(2.945M) Estimate

Tigress Financial analyst Ivan Feinseth maintains Snap-on (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNA#NYSE">SNA</a>) with a Buy and maintains $336 price target.

Price Target

Analyst Ratings

Tigress Financial Maintains Buy on Snap-on, Maintains $336 Price Target

For full year 2024, management anticipates&nbsp;Adjusted EBITDA to be in the range of&nbsp;$1.10 billion&nbsp;to&nbsp;$1.18 billion (prior view $1.10 billion&nbsp;to&nbsp;$1.25 billion).

Guidance

NOV Revises FY24 Consolidated Company Revenue Growth Forecast To Low- To Mid-Single Digit Percent Range (Prior View Mid-Single Percentage Range)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Comments

Rafina Innovations

News

Latest news for Rafina Innovations (OTC:VICA) Stock

Monday, December 23, 2019

Friday, November 29, 2019