TLDR:
- ONCO stock surged over 80% in pre-market after Altos Venture acquired a stake
- Chinese low float stocks like DUO rose over 40% in sympathy with large caps
Summary:
The article discusses the surge in ONCO stock by over 80% in the pre-market after Altos Venture acquired a 32.5% stake in the company. Altos Ventures, a venture capital firm, has more than $8 billion in regulated assets under management. ONCO stock targets are set at $6.47, $6.80, $7.70, and $8.50 to the upside. Chinese low float stocks, including DUO, saw a rise of over 40% in the pre-market due to increased stimulus plans from the Chinese government. DUO traded above $1.40 area, with targets set at $1.60, $1.79, $2.10, $2.40, $2.80, and $3.60. IONQ stock surged over 8% in pre-market after announcing a $54.5 million contract with the United States Air Force Research Lab. The company is expecting to double its revenue for the third year in a row and targets are set at $8.90, $9.50, $10, $10.50, $11.30, and $12.
