Inpixon (Nasdaq:INPX) Ends Down After Wild 75.00% Swing

0
9
Stranded freeimages.com/stephie
Stranded freeimages.com/stephie

Inpixon (Nasdaq:INPX)

September 14th, 2018

Amidst rising markets Inpixon finished Thursday’s trading session down 17.28%, a $0.04 decrease to close on $0.17. Inpixon swung 75.00% between high and low. Despite the drop in value, trading volumes were solid at 1,076% of normal which can indicate investor opportunities.

INPX was outperformed by the rest of the Information Technology sector which went up 1.15%.

Inpixon Info

Inpixon, through its subsidiaries, provides big data analytics and location based products and related services for the cyber-security and Internet of things markets worldwide. The company operates in two segments, Indoor Positioning Analytics and Infrastructure. The Indoor Positioning Analytics segment offers various products and services, which are delivered on premise or in the Cloud, as well as hosted Software-as-a-Service based solutions. Its products are based on a technology that detects and locates accessible cellular, Wi-Fi, and Bluetooth devices, as well as uses a data-analytics engine to deliver actionable insights and intelligent reports for security, marketing, asset management, etc. The Infrastructure segment resells third party hardware, software, and related maintenance/warranty products and services to commercial and government customers. Its products include enterprise computing, storage, virtualization, networking, etc.; and services comprise custom application/software design, architecture and development, staff augmentation, and project management. Further, the company provides IT integration and engineering solutions for network performance, secure wireless infrastructure, software application lifecycle support, and physical cyber security. It serves civilian and defense federal, state, and local government agencies, as well as enterprise customers in various sectors, including retail, manufacturing, life sciences, bio-tech, high-tech, agriculture, financial services, utilities, media and entertainment, telecom, and others. Inpixon has reseller partnership with Genwave Technologies Inc. The company was formerly known as Sysorex Global and changed its name to Inpixon in March 2017. Inpixon is headquartered in Palo Alto, California.

All amounts in USD unless otherwise indicated

INPX daily update
INPX daily update

Media Gazelle Inc (MG), a Nevada Corporation, owns and operates the online brand US Tribune News. MG does not offer financial advise, and is not a registered broker/dealer/analyst/adviser, holds no investment licenses, and may not sell, offer to sell or offer to buy any security. MG’s market updates, news are not a solicitation or recommendation to buy, sell or hold securities. MG shall not be held liable for any investment losses you may incur by using the information provided, this includes you trading the stocks mentioned on our sites. We recommend you talk to a financial adviser before trading any securities or taking any action based upon information on this site. MG does not guarantee the accuracy of the article.