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Nascent Food Service, Inc. (NCTW.OB) – Share Prices Bounce Back Sharply After Yesterday’s Market Downturn

Yesterday, the whole market suffered with the DOW closing down 84.52 points, the NASDAQ 39.13 points, and the S&P 14.77 points. Nascent was also affected by the down turn, but this morning shares are up 7% on heavy morning volume.

Beacon Equity Research released a research report earlier this month which rated Nascent as a “Speculative Buy”, in addition to giving them a price target of $4.00. Since then the company’s stock prices have been marching upward steadily.

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