Shares in Fernhill Corp. (FERN:PKC) unsteady in week ending July 16

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Shares in Fernhill Corp. (FERN:PKC), based in Fountain Hills, were unsteady on Wall Street in the week ending July 16.

The lowest share price reached in the week was $0.0056 compared to a high of $0.0062.

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.

Shares are considered unsteady when they change more than 3% both up and down during the time frame.

Share price of Fernhill Corp. stocks in the week ending July 16

DateShare Asking Price
July 15$0.0058
July 14$0.0056
July 13$0.0057
July 12$0.0062
July 11$0.0058

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