Over the course of the past month or so, the Eclipse Liquids LLC (OTCMKTS:MSMY) stock emerged as one of the major gainers and the rally in the stock continued yesterday. The Eclipse stock jumped by 25% yesterday and took its gains for the past month to as much as 150%.
Due to the massive gains recorded by the stock over the past month, it might be the right time for investors to start looking into the stock a bit more closely. The rally in the stock was triggered after the company announced last month that it satisfied all the disclosure guidelines of the OTC markets and was awarded Pink Current Information status.
The company, which is one of the major operators in the white label and private label CBD manufacturing space, managed to become compliant after submitting all its financial reports to the OTC Markets. The reports included its fiscal year financial results for both 2019 and 2021, in addition to the first quarter financials for the period that ended on March 31, 2021. At the time of the announcement last month Eclipse also announced that it was going to submit its financial results for the period ended June 30, 2021 by August 15, 2021 at the latest.
Market Reaction:
On Monday, MSMY stock gained 20% at $0.0250 with more than 18.74 million shares, compared to its average volume of 5.56 million shares. The stock had moved within a range of $0.0211 – 0.0260 after opening the trade at $0.2380. Over the past 52-week, the stock has been trading within a range of $0.0013 – 0.0275.
 stock Rockets 150% in a Month: But Why?){kind=link}