All those who are currently on the lookout for stocks which are on an upward move could do well to take a look at the HUMBL Inc (OTCMKTS:HMBL) stock, which has jumped by 5% so far this morning.
The company announced this morning that it has put Athletes First on a retainer for being a strategic consultant. Athletes First is going to help the company in the development of new lines of businesses related to digital media, ticketing and non-fungible tokens.
The association with Athletes First is a major development for HUMBL. It had been in existence for decades and has successfully represented broadcasters, coaches, NFL players an also executives. In its role as a strategic consultant, Athletes First is going to assist HUMBL is going to help the latter in developing white glove services that are meant for elite entertainers and sportspersons. It could prove to be a highly lucrative collaboration for HUMBL and hence it is easy to see why investors might be excited.
Market Action:
At the time of writing, HMBL stock is up by 5% to $1.73. The stock has seen a total volume of 8.13 million shares, compared to its average volume of 12.10 million shares.