Reply To: Traders Market Weekly: Independence, Precious and Formative


Wednesday – June 29
All day – The deadline will hit at the end of the day for Nikola (NKLA) shareholders to vote for a proposal to increase the number of shares of the company’s stock. The company’s proposal would increase the number of shares outstanding to 800M from 600M. Nikola’s largest shareholder, founder Trevor Milton, reportedly opposes the measure.
All day – It is the distribution date of Cryptyde to shareholders of Vinco Ventures (BBIG). BBIG holders will receive one share of Cryptyde (TYDE) common stock for every ten shares of Vinco common stock held. Cryptyde is a crypto upstart focused on leveraging blockchain technologies to disrupt consumer facing industries.
10:15 a.m. Performance Food Group Company (PFGC) will host an investor day event.