Over the last week, Alfi (ALF) stock demonstrated rapid growth, it rose from $3.38 to $7.79 for today. Evaluating the last whole year, this mark is going to set up a new record, today’s estimated price when the market opens assumed to reach $9.41, showing a 20% rise. The stock has a tendency to grow, but what is the cause, let’s figure it out.
Pereira, Alfi’s CEO, was excited to get back to work and drive out to the site where Alfi was installing its innovative tablets for Uber (UBER) and Lyft (LYFT) drivers in Miami. After reaching the number one spot in terms of both gains and volume traded of any stock on Nasdaq that day, one might expect Pereira to be popping the champagne, but Pereira returned to work. In addition, Alfi said that 10,000 tablets will be given around the United States.
Alfi’s revolution of physical advertising shows no signs of slowing down. Pereira reiterated his commitment to current investors, many of whom are retail, in response to the stock’s huge upward run this week. Investors should really keep an eye on this stock, while CEO announced, that they will blow up the market in the coming years.
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