Paltalk Stock Is Acting Volatile This Week: What’s The Deal?

Paltalk, Inc., a leading provider of digital communications software, today announced that it had retained the services of ClearThink Capital, a strategic advisory firm that will develop and implement a comprehensive investor relations and communications program. PALT stock was trading at $8.27, marking a 19.34% rise. Today it’s trading at $8.65, rising another 4.59%. Paltalk, a live video chat company, has successfully achieved its Nasdaq listing and is now ready to enter the next phase of its development. With a strong balance sheet and no long-term debt, the company is well-equipped to execute its strategy.

With the company’s recent positive momentum, Katz said that it was time to look for a strategic investor relations firm that would help them reach new potential investors and improve their visibility. Brian Loper, Vice President of ClearThink, stated that, under Jason’s leadership, Paltalk has started to focus on its core business and is expected to reach sustainable profitability. The ClearThink team is excited to work with the company to improve its IR efforts. ClearThink is a consulting firm that helps public companies connect with the right audience.