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March 18, 2021, 8:34 a.m. EDT

BioHiTech stock rockets after expanded relationship with Carnival, and new purchase orders

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By Tomi Kilgore

Shares of BioHiTech Global Inc. /zigman2/quotes/206617127/composite BHTG +1.21% rocketed 41.5% to pace all premarket gainers in active trading Thursday, after the waste management company said it has expanded its relationship with cruise operator Carnival Corp. /zigman2/quotes/202325446/composite CCL +7.02% /zigman2/quotes/210414141/delayed UK:CCL -3.26% , including the coverage of fifteen additional cruise ships. Trading volume swelled to 7.9 million shares, compared with the full-day average of about 2.3 million shares over the past 30 days. Carnival's stock rose 2.1% ahead of the open. BioHiTech said it recently received purchase orders for more than $1.8 million worth of food digesters, which the company expects to fulfill during the second and third quarters of 2021. The company had recorded a total of $2.0 million in revenue over the second and third quarters of 2020. BioHiTech's stock has run up 55.4% over the past three months through Wednesday, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.56% has gained 7.1%.

/zigman2/quotes/206617127/composite
US : U.S.: Nasdaq
$ 0.85
+0.01 +1.21%
Volume: 110,233
Dec. 2, 2021 12:11p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$24.58 million
Rev. per Employee
$139,968
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/zigman2/quotes/202325446/composite
US : U.S.: NYSE
$ 17.53
+1.15 +7.02%
Volume: 42.68M
Dec. 2, 2021 12:15p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$18.52 billion
Rev. per Employee
N/A
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/zigman2/quotes/210414141/delayed
UK : U.K.: London
1,188.00 p
-40.00 -3.26%
Volume: 2.34M
Dec. 2, 2021 4:35p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
£13.91 billion
Rev. per Employee
N/A
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/zigman2/quotes/210599714/realtime
US : S&P US
4,583.66
+70.62 +1.56%
Volume: 1.21B
Dec. 2, 2021 12:15p
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