Stocks soaring without any news are not an uncommon phenomenon in the stock market and on Wednesday, it was the AppYea Inc (OTC: APYP) stock that experienced such a move.
There has now news with regards to the company yesterday but even then the stock was in action and ended the day with gains of 55%. In this situation, the best investors can do is take a look at some of the key developments from the past.
The last important news with regards to the company was in March 2020 and although it might not have had any bearing on the latest rally, it might be worthwhile to take a look. Last year in March, AppYea announced that it won a contract from Hempori for providing the latter with advisory and management services. Hempori had decided to get into the fast-growing hemp-based CBD industry and AppYea was roped in to help it in accomplishing that.
Finance and Entertainment Reporter
Richard is a bottle of wine – the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Own Snap. Readers get the updated posts regularly from him searching for real-time news.