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Stock Market & Financial Investment News

News Breaks
August 16, 2012
08:30 EDTDGLYDigital Ally announces plans for 1-for-8 reverse stock split
Digital Ally announced that it has filed a notice with The Nasdaq Stock Market stating that its Board of Directors has voted to effect a 1-for-8 reverse split of its issued and outstanding common stock. The reverse stock split will be effective Aug. 24. The company is taking such action in order to comply with the minimum closing bid price requirement for continued listing on The Nasdaq Capital Market. In order to remain listed, the closing bid price of the company's common stock must be $1.00 per share or higher for a minimum of ten consecutive business days prior to Sept. 10, under applicable Nasdaq rules.
News For DGLY From The Last 14 Days
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August 20, 2014
07:42 EDTDGLYDigital Ally reports increase in inquiries regarding FirstVU HD Body Camera
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August 19, 2014
18:37 EDTDGLYOn The Fly: After Hours Movers
NOTABLE REPORTERS: Digital Ally (DGLY), rose another 6.6% in after-hours trading after surging 94% intraday. DOWN AFTER EARNINGS: Real Goods Solar (RGSE), down 15.8% after reporting second quarter results, filing to sell 5.02M shares of Class A common stock, and announcing that it has promoted Dennis Lacey to CEO... La-Z-Boy (LZB), down 3.79% after reporting first quarter EPS below analyst estimates... Tarena International (TEDU), down 8.4% after reporting second quarter results and guidance for third quarter and fiscal 2014. ALSO LOWER: Hertz (HTZ), down 12% after withdrawing fiscal 2014 guidance.
15:52 EDTDGLYDigital Ally up 80% after increase in media reports about police body cameras
Recent current events in Ferguson, Missouri have led to an increase in media attention relating to police body cameras, including an article in The Wall Street Journal titled 'What Happens When Police Officers Wear Body Cameras,' noting that force by officers declined 60%; an article in Time titled 'California Mayor Urges Cops to Wear Body Cameras After Ferguson,' where Hawthorne Mayor Chris Brown is introducing an ordinance for the police to begin wearing body cameras; and a Fox article titled 'Ferguson violence prompts call for same type of police body cameras being tested in Indiana.' Digital Ally, which is up 80%, develops, manufactures and markets digital video imaging, audio recording and related storage products for use in law enforcement, including a miniature digital video system designed to be worn on a individual's body.

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