Although the Winners Inc (OTCMKTS:WNRS) stock has been trading within a range in recent days, it might be a good idea for investors to keep an eye on the company in light of some new developments.
Back on Tuesday it emerged that ClickStream Corp had reached an agreement by way of which it extended its option to pick up as many as 149012200 shares of the common stock in Winners. The option has been extended up until August 31, 2021. It should be noted that ClickStream is going to acquire those shares from the Chief Executive Officer of Winners Inc Tom Terwilliger.
In this regard, it should also be noted that ClickStream is a tech company which is involved with creating apps and digital products that are meant for bringing about a degree of disruption in some of the more conventional industries. The news about the potential acquisition of these Winners Inc shares is a significant development and although the Winners stock is trading in a range, it remains to be seen how long the stock moves in the same way. At this point in time, it might be a good idea for investors to keep the stock in their watch lists.