Social Life Network Inc (OTCMKTS:WDLF) stock is witnessing mild gains in the opening session on Wednesday on hefty volume.
Market Reaction:
As of 10:21, WDLF stock moved up 7% to $0.0083 with more than 42.54 million shares, compared to its average volume of 108.80 million shares. The stock has moved within a range of $0.0078 – 0.0085 after opening the trade at $0.0080..
Major Trigger:
Social Life Network Launches RV Industry Social Marketplace
- Social Life Network announces that its TBI licensee, WEnRV, an RV traveling social networking platform, is now live.
- The demand in the Recreational Vehicle industry has grown by leaps and bounds as Covid-19 social distancing restrictions and the new “work from anywhere” environment has brought a newfound interest in the ability to live and work while on the move. Just last week, while appearing on CNBC’s popular “Mad Money” television show to talk about the first quarter of 2021 being the best quarter in company’s history, Thor Industries CEO Bob Martin said the explosion of interest in RVing and the subsequent boom in sales has left Thor “pretty much sold out for the next year.” In fact, Thor is reporting an “order backlog” worth more than $14 billion.
Key Quote:
“We could not be happier about the launch of our new RV traveling social network,” said Garry Neff, president of WEnRV. “Our social network is exactly what the RV industry has been waiting for, and our media partners are very excited to receive the additional exposure of their creative and compelling content.”