SMX (Security Matters) Is Trending: Why This Stock Has Soared Over 1,000% This Month

Benzinga_recent_news12-05 11:55

SMX (Security Matters) Public Limited Company (NASDAQ:SMX) shares are trending on Friday. Check out the current price of SMX stock here. SMX surged 17.73% in after-hours trading to $166 on Thursday. ...

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A total of 347,442 ordinary shares were represented at the meeting\nAll 16 proposals were approved by a majority, according to a Form 6-K filed with the Securities and Exchange Commission Wednesday.\nHaggai Alon and Ophir Sternberg were re-elected by shareholders to three-year terms as directors.\nBDO Israel was re-appointed as statutory auditor.\nSee Also: Oklo Stock Drops After $1.5 Billion Offering: Details\nMultiple constitutional amendments were approved, giving directors the power to allot shares, subdivide shares, adjust nominal values, and convert undenominated capital. \nDirectors were also authorized to allot shares up to the company's authorized but unissued share capital through Nov. 21, 2030.\nShareholders also approved an amendment setting a two-member quorum for general meetings.\nLast week, the company showcased its molecular identity technology at the DMCC Precious Metals Conference in Dubai and announced a strategic partnership with CARTIF in Europe. \nBrink‘s (NYSE:BCO) subsequently verified the technology persists through melting and recasting processes.\nThe stock of the technology company has gained 1,098.98% over the past month. The company has a market capitalization of $148.13 million.\nPrice Action: SMX closed at $141 on Thursday, up 141.07%, according to Benzinga Pro data.\nBenzinga Edge Stock Rankings indicate that SMX stock has a negative price trend across all time frames. Look at other players in this segment.\nRead Next:\nPhoto: Golden Dayz / Shutterstock\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2589868976","isCrawlerRequest":true}