If you are currently on the hunt for stocks which have performed strongly this month so far then it might be difficult to look past the DarkPulse Inc (OTCMKTS:DPLS) stock.
The stock has emerged as one of the biggest gainers so far having clocked gains of as much as 250%. In this situation, it could be a good idea if investors took a closer look at the recent developments with regards to the laser sensing systems company. The most important trigger for the rally in the stock came earlier on in the month when DarkPulse announced that it signed a pair of letters of intent with regards to the acquisition of controlling stakes in two companies.
One of those companies Wildlife Specialists LLC and the other is Remote Intelligence LLC. The two companies are involved in providing drone based 3D mapping services for a range of industrial applications. It should be noted that the two companies are specialists in the oil and gas industry.
The two acquisitions are expected to expand the range of services that can be provided by DarkPulse and hence, it has been source of great excitement among investors. Investors could do well to keep track of the stock this month.
Market Reaction:
On Monday, DPLS stock jumped by 1.62% to $0.0701 with more than 245.62 million shares, compared to its average volume of 72.89 million shares. The stock has moved within a range of $0.0601 – 0.0825 after opening the trade at $0.0720. Over the past 52-week, the stock has been trading within a range of $0.0001 – 0.0969.
 Stock Soars 250% in a Month: Here is Why){kind=link}