One of the major gainers in the markets last week was the Galaxy Next Generation Inc (OTC: GAXY) stock, which rallied by as much as 200%. In such a situation, it could be a good idea on the part of investors to perhaps take a closer look at the company.
The company, which is involved in the interactive learning technology space, announced last week that it was going to launch a new product named G2 Visual Arts on January 1, 2021.
The announcement of the product launch caused a stir in the markets and soon enough investors started piling on to the stock. The coronavirus pandemic has led to heightened demand for at-home learning solutions and hence, products made by Galaxy Next are expected to be in demand.
The new product allows for messages, both in text or image form, to be sent to a device that is within a school district ecosystem. Investors could do well to keep an eye on the stock this week.