Why Healthier Choices Management (HCMC) stock Get Such a High Volume Daily?

The Healthier Choices Management (OTCMKTS:HCMC) stock experienced considerable action on Friday as the trading volume soared to new highs and hit an astonishing 1 billion shares.

Why Healthier Choices Management (HCMC) stock Get Such a High Volume Daily?

In this regard, it is also necessary to point out that the average daily trading volume of the stock stands at only 267 million shares.  Considering the scale of the heavy trading in the stock, it could be worthwhile for investors to take a closer look at the Healthier Choices Stock.

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One of the major reasons for the surge in trading volume yesterday was the announcement about a rights issue from Healthier Choices. Investors got excited when they noticed the “422rgt019” in their trading accounts. Initially, there was confusion regarding what it meant and that led to a bit of buss about the stock. However, the symbol was related to the rights issue. Existing shareholders in Healthier Choices will not be able to get one right for each block of 10 shares that they hold.

Anthony Gonzales

Biotech, Tech, and Crypto reporter Anthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.