HQ Global Education Inc (HQGE) Stock Gains Momentum: Now What?

On Wednesday, it was the HQ Global Education Inc (OTCMKTS:HQGE) stock which emerged as one of the major gainers. As investors flocked to the stock in a big way, it soared by as much as 39% and it is now likely that it is going to come into considerable focus among many investors today.

However, at the same time, it is difficult ignore that there was no news about the company yesterday and the rally in the H1 Global stock appears to be largely speculative at this point in time. Hence, it might be useful to look into a development from the past.

Back on June 9, HQ Global and its fully owned subsidiary company Big M Entertainment Pictures sent out an update with regards to its production and development schedule. The schedule also revealed the status of the different projects at the time.

In addition to that, the update also included that Big M Entertainment Pictures was all set to launch its own COASTLINE NFT (non-fungible token) collection. It should be noted that in recent months these tokens have become hugely popular among creative professions who want to protect their interests. Hence, a move into that space is a major development.

Market Reaction:

On Wednesday, HQGE stock soared 39% at $0.0032 with more than 271.53 million shares, compared to its average volume of 23.40 million shares. The stock had moved within a range of $0.0026 – 0.0045 after opening the trade at $0.0027. Over the past 52-week, the stock has been trading within a range of $0.0002 – 0.0610.

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