Shares in QuoteMedia Inc. (QMCI:QBB) fall 27.59% in May

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Shares in QuoteMedia Inc. (QMCI:QBB) fell on Wall Street in May.

The lowest share price reached in month was $0.21 compared to a high of $0.2999.

QuoteMedia Inc. employs 94 people and has reported $393,950 USD in income.

Despite a tumultuous year with the COVID-19 pandemic, the US stock market overall remained strong in 2021.

Tony Despirito at investment firm BlackRock said “Overall, companies have beat analyst expectations on both earnings per share and revenue growth. But the latter has been particularly strong.”

George Sweeney, a qualified financial advisor writing for The Motley Fool, cautioned the market will have to cool eventually, though it may not be a full crash as some predict.

“The market seems to flinch with any piece of news. My view is there could be a drop in the stock market...but only if there is some significant bad news or a global event.”

Nothing in this article is to be assumed as financial advice.

Share price of QuoteMedia Inc. stocks in May

DateShare Asking Price
May 31$0.21
May 27$0.2305
May 25$0.2469
May 24$0.2486
May 23$0.2496
May 20$0.2351
May 19$0.2297
May 18$0.219
May 17$0.225
May 16$0.23
May 13$0.2275
May 12$0.2255
May 11$0.2373
May 10$0.248
May 9$0.2319
May 6$0.2999
May 5$0.291
May 4$0.289
May 3$0.2975
May 2$0.29

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