GNC Capital (GNCP) Stock Gains Momentum: How to Trade Now?

If you are looking into stocks that opened the week with handsome gains then it might be a good idea to take a bit of interest in the GNC Capital Inc stock. The GNC Capital (OTCMKTS:GNCP) stock was in considerable focus yesterday and ended the day with gains of as much as 35%.

While it is true that there was no news about the company yesterday, it might actually be a good move to take a look at the announcement made by the company back on July 15. At the time, the company announced that it was going to file its quarterly report for the period ended on June 30, 2021 on July 20, 2021.

Since the report is going to be filed today, it might have created a buzz in the stock among investors yesterday. As a matter of fact, it is likely that the stock is going to be in focus among investors today as well and hence, it might be a good move to keep an eye on the price action in the GNC Capital stock. The report is also going to be accompanies with an updated and highly detailed letter from the GNC Capital chairman.

Market Reaction:

On Monday, GNCP stock surged 33.33% at $0.0004 with more than 735.30 million shares, compared to its average volume of 334.04 million shares. The stock had moved within a range of $0.0002 – 0.0004 after opening the trade at $0.0003. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0037.

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