Over the course of the past week, RushNet Inc (OTCMKTS:RSHN) has clocked eye catching gains and the rally in the stock continued on Wednesday as the stock clocked gains of another 38% following a key announcement. Yesterday’s gains took the gains made by the stock over the course of the past week to a staggering 190%.
On Wednesday, the company, along with its merger target heliosDX, announced the imminent launch of a National Sales Campaign with the assistance of the advanced interactive sales and marketing platform created by Verb Technology Company Inc.
It is a significant development and created considerable excitement in the market. heliosDX is looking to launch a nationwide program to create more awareness about its brand and it has been suggested that the sales platform from Verb Technology is going to help considerably in increasing its sales. Considering the scale of the gains made by RushNet, it could be a good move to keep the stock in the watch lists this week.
Market Reaction:
In the previous trading session, RSHN stock surged 38% to $0.0171 with more than 1.11 billion shares, compared to its average volume of 277.77 million shares. The stock has moved within a range of $0.0130 – 0.0190 after opening the trade at $0.0135.