Cheap Farmmi’s Stock (FAMI) Soars More Than 100%

Agriculture products distributor Farmmi could barely gain 5.56% on Wednesday by increasing daily volume to 2,139,838 shares. That was a signal to today’s growth making under $1 NASDAQ: FAMI reach nearly $1.50.

As free trade becomes widely open after global lockdown due to pandemic physical products start being shipped to any corner of the world. The farming industry never dies while the world’s population keeps growing to eight billion which will demand record high more food and water.

Could FAMI restore 2018’s price when U.S-China tensions were on the rise? The stock fell because of that hostile relation. If the economic conflict between two parties is over FAMI may rise to even $10. However. other positive factors could push the stock up although tariffs for Chinese made goods would be high.

Alex Krakowsky

Editor in Chief. Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life