Hudson Technologies (NASDAQ:HDSN) stock Soars 220% This Year: Now What?

There are certain stocks that have managed to record eye-popping gains so far this year and one of those is the Hudson Technologies Inc stock. Investors have piled on to the stock in a big way this year and the Hudson Technologies (NASDAQ:HDSN) stock has managed to deliver gains of as much as 220% this year so far.

In light of such enormous gains, it might be a good move for investors to take a look at some recent developments. Last week the company announced that it scheduled a conference call at 5 p.m. Eastern Time on August 4, 2021, to talk about the company’s financial results for the second quarter.

In addition to that, there is also going to be a webcast for the conference call. Those who are interested in participating in the live webcast of the conference call could do so by visiting the company’s website and then visiting the ‘investor relations’ section.

Back on June 29, the company had got another boost after the United States Defense Logistics Agency decided to take up the option to renew its contract with Hudson Technologies for another five years. The contract is for the supply and management of refrigerants, cylinders, and compressed gases among other related items.

Market Reaction:

On Friday, HDSN stock fell 4% at $3.38 with more than 496k shares, compared to its average volume of 573k shares. The stock has moved within a range of $3.3101 – 3.7300 after opening the trade at $3.62. Over the past 52-week, the stock has been trading within a range of $0.9400 – 3.7300.