Sunshine Biopharma (SBFM) Goes Parabolic: What’s Going On?

Over the many stocks that managed to record considerable gains over the course of the past month or so, the performance from the Sunshine Biopharma, Inc. (OTC: SBFM) stock has been quite remarkable.

During that period, the stock has rallied by as much as 600% to emerging as one of the biggest gainers in its sector, and on Tuesday, the rally continued. Yesterday, the stock surged by as much as 26%. Although there was no news with regards to the company, the rally might be linked to the uplisting application from Sunshine last week.

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Back on January 27, the company announced that it had completed its application for uplisting the stock to OTCQB from the OTC Markets Pink. It is a significant development for the company as well as its investors. The uplisting is going to give Sunshine access to a larger pool of investors and more importantly, it will allow institutional investors to invest in the company.

Asan Abdiev

CEO and Editor in Chief. Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life