Mer Telemanagement Solutions (MTSL) Stock Rockets on The Merger News

If you are currently on the lookout for stocks that might have made major gains on Thursday, then it might be a good move to look into Mer Telemanagement Solutions Ltd (NASDAQ: MTSL).

The MTSL stock was one of the major gainers during the premarket trading period on Thursday following a key announcement from the company. During the premarket period yesterday, the stock rallied by as big as 124% after Mer announced that it signed a definitive agreement with regards to its merger with SharpLink Inc.

SharpLink is one of the major names in the online technology space and is involved with sports leagues, sports media firms, and fantasy sports platforms. Once the merger is completed following the approval of Mer shareholders, the company is going to have a new name. In addition to that, the operations of SharpLink are going to be overseen by new management and will also be controlled by the company’s board.

Richard McEntire

Finance and Entertainment ReporterRichard is a bottle of wine - the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Own Snap. Readers get the updated posts regularly from him searching for real-time news.


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