Corporate Universe (COUV) Resumes Trading With Deep Correction: Are You Worried?

If there is one stock that has definitely had a rollercoaster ride this year so far then it is the Corporate Universe (OTC: COUV) stock. Earlier this year, the stock was in the middle of a remarkable rally and went from $.04 a share to $.90 a share fairly quickly. Naturally, the Corporate Universe stock came into focus among many investors owing to such a rally. However, things have been quite different in recent times.

On Thursday, the stock tanked by as low as 80% after it resumed trading after a gap of two weeks. The stock had been suspended since February 10 and was untradable as of February 24, it had not traded at all. However, investors did not seem as keen on the Corporate Universe stock anymore.

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Earlier this week, the company provided further information about due diligence with regards to its merger with Carbon-Ion Energy. Corporate Universe stated that it is part of its ongoing efforts to provide shareholders with as much transparency as possible.

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.