Humbl Inc (HMBL) Stock Surges 6% After New Additions To The Team

The Humbl Inc (OTCMKTS:HMBL) stock came into focus among investors this morning after the company made an announcement with regards to new team members and a reorganization of its technology team.

This reorganization is going to be implemented by the company across a range of divisions that will include HUMBL Financial, HUMBL Mobile Pay and HUMBL Marketplace. It is a significant announcement from the company and one that is expected to be watched closely by analysts. In today’s press release, HUMBL also named the different personnel who are going to be added to the different teams.

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Some months ago HUMBL had been one of the more popular penny stocks but the stock suffered in recent times due to the massive selloff that had been seen in penny stocks. At this point, it is important for investors to figure out if the stock has already hit its bottom and whether it might be the right time to enter the stock.

HMBL stock is up by 6.40% at $1.58 in the morning session.

Michael Rowels

Weekend Contributor. Writing for business and finance publishers has become his passion over the last decades after he completed a master's degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.