Today, Artificial Intelligence Technology Solutions Inc. (OTCMKTS:AITX) traded almost 75 million shares gaining investors nearly 20% in equity after it opened at $0.06 and closed at $0.0727.
The question is why did AITX stock go on such a run?
Although it can’t be said for sure, chances are it had to do with AITX news this morning, that their wholly-owned subsidiary Robotic Assistance Devices Inc. (RAD) is anticipating a multi-unit Proof of Concept order from a direct client. Although not disclosed, the end-user for these SCOT and ROSA units is a major US airport authority that owns and operates several airports.
This comes 5 days after the company announced their subsidiary RAD received an order for eight ROSA units, and two AVA systems from recently signed dealer Titan Security Technologies.
With a recent high of 27 cents, there is a lot of headroom on the chart if AITX can rally.
Keep AITX on your watchlist.
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