There has been no news about Auri Inc (OTCMKTS:AURI) in recent days but that has not stopped investors from piling on to its stock in a big way. On Wednesday, the Auri stock emerged as one of the major gainer and went up by as much as 26% as investors piled on to it in a big way.
While there was no news, it might be worthwhile for investors to perhaps take a look at some of the developments from the past in relation to Auri Inc. Back in March this year, the company had provided an update to its shareholders with regards to a new appointment.
The company made Jonathan Nimrod the Vice President of Evap Inc back in March. It is a major appointment by the company considering the fact that Nimrod has an impressive track record as an executive.
Over the course of the previous six years Nimrod had been involved with Walmart and had made it possible for small businesses to do businesses with the retail behemoth. In addition to that, it is also necessary to note that Nimrod had also been responsible for bringing in billions of dollars worth of goods to Walmart stores during his time at the company.
Market Reaction:
On Wednesday, AURI stock jumped by 26% to $0.0048 with more than 52.57 million shares, compared to its average volume of 14.18 million shares. The stock has moved within a range of $0.0039 – 0.0050 after opening the trade at $0.0041. Over the past 52-week, the stock has been trading within a range of $0.0010 – 0.0349.
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