VNUE Stock Consolidates After The Recent Developments: What Next?

The instant recording space has grown by leaps and bounds in recent times and it is not a surprise that many companies are getting into that space.

This past Friday, OTC: VNUE doubles down on its commitment to the live recording space by renewing the exclusive licensing agreement that it had with RockHouse Live Media Productions Inc. The news seemed to have come as a boost for the stock as well as it jumped by as high as 5% on Friday.

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Prior to that, the VNUE stock had been trading within a narrow range and the renewal of the agreement is clearly being seen as a positive by investors. The deal had initially been signed with RockHouse back in 2017 and after the latest renewal, the exclusive licensing arrangement is going to continue up until 2022. It now remains to be seen if the stock can continue to rally on Monday.

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