HENDERSON, NV / ACCESSWIRE / December 26, 2018 / There are several tech stocks, that due to recent news are worth your attention and due diligence.
A rapidly-growing tech stock; DropCar, Inc. (DCAR) (Market Cap: $2.62M Share Price: $0.27).
whose cloud platform, and integrated mobile apps help consumers and automotive-related companies reduce the cost, hassles and inefficiencies of owning a car, or fleet of cars, in urban centers through their logistics platform; just announced a hiring push in New York, New Jersey, Los Angeles, San Francisco, Washington DC and Baltimore due to growth in new and existing B2B contracts.
DCAR, CEO Spencer Richardson said of the program, "Growing demand, paired with greater efficiency and growing margins tied to the significant business adjustments we made in Q3 and Q4, has us very excited about 2019. It took us approximately three years to get our technology platform, partners, and clients to a place where we are in a position to potentially power the next service layer of the modern car."
DCAR is the type of developing tech stock that could grow exponentially…fast.
Rapid7, Inc. (RPD) (Market Cap: $1.36B Share Price: $28.93), powering SecOps through its visibility, analytics and automation cloud, announced it has been named a Visionary in Gartner's 2018 Magic Quadrant for Security Information and Event Management. This is the second year in a row Rapid7 has been recognized as a Visionary in Gartner's report. This year it is the sole vendor to be positioned in that quadrant.
Box, Inc. (BOX) (Market Cap: $2.29B Share Price: $16.03) recently announced the integration of Box's tools with G Suite for all users. The new integration will make it easy to create, edit as well as manage Google Docs, Sheets and Slides directly in Box. The service will be available to the company's entire user base, which includes 90,000 paying businesses. The roll-out is currently underway and is expected to be completed by mid-January.
VMware, Inc. (VMW) (Market Cap: $54.43B Share Price: $144.99) the cloud computing subsidiary of Dell, just paid a $11 billion, conditional one-time special dividend payable pro-rata to all VMware stockholders payable in connection with the closing of the transaction originally announced on July 2, 2018, by Dell Technologies Inc.
PayPal, Inc. (PYPL) (Market Cap: $92.07B Share Price: $78.14) antitrust regulator, the CMA (Competition and Markets Authority), is referring PayPal's (PYPL) takeover of iZettle for a thorough review, a process that could take months to complete and could throw the deal's fate in the United Kingdom into uncertainty. The regulator said it was taking the step because PayPal had failed to demonstrate how it would address concerns related to the deal's impact on the competition. PayPal acquired the business for $2.2 billion in a transaction that closed in September, but it decided to delay the complete absorption of iZettle to allow the United Kingdom to conclude its antitrust review of the deal.
This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to a two-month term consulting agreement with DCAR dated 12/24/18. The agreement calls for $20,000 in cash, and 200,000 restricted 144 shares of DCAR. All payments were made directly by Clean Spark, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. DCAR was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
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