There seems to be no respite for HUMBL Inc (OTC: HMBL) investors as the stock gapped down this morning as well. At the time of writing, HMBL stock is down as much as 15.15 and now trading at $1.40 after hitting a session low of $1.33.
One should note that the stock is down today for the fifth consecutive session and the stock has lost almost 60% from its last week’s high of $3.57. Nevertheless, despite the recent fall, the stock is still up 130% so far this year.
Last week, the company had also announced last week that it finalized an equity financing deal worth $3,000,000 through a bridge note with Brighton Capital Partners. Moreover, HUMBL announced the launch of the first version of the HUMBL Pay mobile app. Now it would be interesting to see if the stock can see some recovery after the severe sell-off. The stock may need some solid trigger to attract new buyers.
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A hardcore tech enthusiast and computer expert Uson Abdilazhanov who holds a degree in communications started writing in his personal blogs since 2012. That time he was interested in the technical part of the computer. But now the software aspect plays an important role in his career. Currently, he runs a PC building and repairing shop which helps a lot of designers and gamers who always like to try new things.