Before the start of another trading day, it might be a good idea for investors to consider taking a look at some of the stocks which managed to record significant gains yesterday.
One of the stocks to have emerged as a notable mover yesterday was the Reeltime Media (OTCMKTS:RLTR) stock. The stock was in considerable focus yesterday and managed to record gains of as much as 23% as investors piled on to it in a big way. However, at the same time, it is also important to keep in mind that there was no news about the company yesterday.
In this situation, it might be a good idea to take a look at its financial performance in the six month period that ended on June 30, 2021. The company announced those results in August and noted that on a year on year basis, the revenues went up as much as 7 folds to hit $1,743,253.
On the other hand, the revenues for the second fiscal quarter that ended on June 30, 2021 stood at $427,509 and that was again considerably higher than the revenues of $124,347 that were generated in the prior year period.