When it comes to a new trading week, it is always a sound idea for investors to perhaps look into some of the stocks that might have recorded considerable gains in the previous week.
That brings us to the subject of the Marketing Worldwide Corporation (OTCMKTS:MWWC) stock, which emerged as one of the major gainers last week and ended the week with gains of a staggering 130%. The rally in the stock may have been related to the corporate updates released by the company on July 7, 2021. The company noted that it had hosted a meeting of majority shareholders and a new leadership team was elected at that meeting.
It goes without saying that it was a major development for the company. However, that is not all. The company also provided other key updates. Marketing Worldwide Corporation also announced that its official transfer agent has been changed to Issuer Direct from Continental Stock Transfer.
In this regard, the company also announced that all the fees with regards to this transfer have been paid by Marketing Worldwide Corporation. It was also noted that Issuer Direct has been working diligently to bring in more benefits for Marketing Worldwide Corporation in its role.
Market Reaction:
On Friday, MWWC stock fell 4.35% at $0.0110 with more than 321.66 million shares, compared to its average volume of 89.09 million shares. The stock had moved within a range of $ 0.0103 – 0.0149 after opening the trade at $0.0128. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0212.
 Stock Soared 130% Last Week: Here is Why){kind=link}