One of the stocks that emerged as one of the major gainer on Wednesday was that of ProTek Capital Inc (OTCMKTS:PRPM). The stock was in major focus yesterday after the company announced that its management was going to submit a corporate action request to the United States Securities and Exchange Commission for the purposes of dividends with FINRA and S1 registration.
The news about this move set off a major rally in the ProTek stock and it managed to record gains of as much as 120%. In light of such massive gains, it is likely that the stock is going to be in focus among investors today as well and investors could do well to keep an eye on the price action.
The company announced that it is gearing up to launch some of the most ambitious business developments. The ProTek management has also set a record date of July 30, 2021 with regards to the dividends. Another important thing to keep in mind is that fact that not too long ago the company completed the acquisition of ProTek Capital Acquired Black Dragon Resource Companies Inc for the purpose of incubating a wide range of digital assets.
Market Reaction:
On Wednesday, PRPM stock soared 120% at $0.0011 with more than 2.24 billion shares, compared to its average volume of 137.62 million shares. The stock had moved within a range of $0.0005 – 0.0013 after opening the trade at $0.0006. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0080.
 Stock More Than Doubled: Still a Good Buy?){kind=link}