Blue Sphere (BLSP) Stock Sees Strong Momentum: Doubles in a Day

On Wednesday, the Blue Sphere Corporation (OTC: BLSP) stock was one of the more notable gainers. The stock managed to clock gains of more than 100% on the back of massive trading volumes.

As many as 235 million shares of Blue Sphere changed hands yesterday amidst frenetic trading. There was no specific news about the company that might have led to the rally but in this situation, investors could consider taking a closer look at the company’s business. The company is engaged in the fast-growing clean energy space. Blue Sphere works as an independent power producer in the clean energy generation space.

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The company is also involved in acquiring and then developing biogas production facilities in the United States, Israel, Italy, the United Kingdom, and the Netherlands. While there has been no news about the company, Blue Sphere does operate in a potentially fast-growing industry and investors could consider keeping an eye on it.

Anthony Gonzales

Biotech, Tech, and Crypto reporter Anthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.