If you are looking into stocks that may have recorded handsome gains in the past week or so then it could be a good move to perhaps take a look at the Halo Collective Inc (OTCMKTS:HCANF) stock.
Over the course of the past week the Halo stock has made a strong move up the charts and delivered gains of as much as 18% to its shareholders. The rally seems to have been triggered by the announcement from the company on July 30 with regards to the changes that had been implemented to Halo’s Board of Directors.
The changes were made in order accelerate the reorganization of the company’s overseas assets into a new company called Akanda Corp. The changes to the board went into effect immediately. Ryan Kunkel, who had previously been a director at the company, was made the chairman of the Halo Collective board.
On the other hand, Louisa Mojela, who had been the chairman of the board, resigned from her post in order to take up the role of the Executive Chairman at Akanda. There were other changes as well and it seems that investors have welcomed the changes as well. It might be a good idea to keep the Halo stock in your watch lists.