Professional Diversity Network Stock Is Surging: It Has Offered Common Shares At $1,054 Each

The Professional Diversity Network manages online communities of professional networks with career resources in the United States. There was no news regarding Professional Diversity Network (IPDN) for many days, however, despite this, the stock’s value surged 8.6% on Tuesday. Although, last Wednesday the price fell from $ 1.35 to $ 1.22, which is a 9.6% decline. We see that the worth was able to recover and even reach a high of $ 1.38. Moreover, the stock managed to gain 8% in the pre-market trading period.

In this situation, it would be a good idea for investors to look at the Professional Diversity Network. In this regard, it should be noted that on September 22 this year, the company had signed a stock purchase and sale agreement, according to which it was going to sell 948,767 of its common stock to Cosmic Forward Limited. The Professional Diversity Network has offered common shares at $ 1.054 each with the aim of generating approximately $ 1,000,000 in gross revenue.