Sometimes after having made significant gains, a stock might go into a bit of slumber and then make a triumphant return some months down the line. That seems to have happened with the Metatron Inc (OTC: MRNJ) stock which was in action back in December last year but did not do much since.
However, on Monday, the stock roared back to life and soared by as high as 27%. While the gains made by the stock are certainly notable, it is also important to keep in mind that there was no actual news about the company that could have triggered the rally.
Metatron is a mobile app firm and is involved in the distribution of digital content. It is an over-the-counter stock and is not listed in a formal stock exchange. Back in December however, the company tweeted that it was going to go current in early 2021. That was one of the major reasons why investors piled on to the Metatron stock.