HUMBL Inc (HMBL) Stock Recovers From The Panic Selling: A Good Signal?

Up until a few months ago, the HUMBL Inc (OTCMKTS:HMBL) stock was one of the biggest gainers from among penny stocks, however, it had corrected somewhat. This week the stock had hit an intraday low of $1.08 a share on Tuesday, however, it has managed to mount a strong recovery since.

From that point, the HUMBL stock rallied by as much as 70% and it is likely that it might be back on the radars of many investors again this week.

The stock was in focus last week when its Chief Executive Officer Brian Foote appeared on CNBC for an interview. It is a significant development for the company considering the fact that penny stocks are not generally featured on most TV networks.

In this regard, it is necessary to mention that the company has ambitious and diversified business plans. It is on the verge of launching its payments app HUMBL Pay, which seeks to compete with PayPal among others.

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So, going forward we may continue to see higher volatility in the HMBL stock.

Alex Krakowsky

Editor in Chief.Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life

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