HFactor (OTCMKTS:HWTR) is currently best known for being the distributor and manufacturer of HFactor hydrogen infused water, which is an award winning product. While it is true that the stock was trading within a range on Tuesday, it should be noted that the company made a key announcement that investors could consider looking into.
Market Action
On Tuesday, HWTR stock ended flat at $3.25 with 200 shares, compared to its average volume of 400 shares. The stock moved within a range of $3.2500 – 3.2500 after opening trade at $3.25.
SNL Star Kenan Thompson Invests in HFactor®
The company announced yesterday that Kenan Thompson, the celebrated actor and comedian, had decided to add his name to the increasingly large group of celebrity investors in HFactor. It was also noted that Thompson decided to join after having experienced the antioxidant and anti-inflammatory properties of HFactor hydrogen infused water.
It was a major new development for the company considering the fact that Thompson is a genuinely big ticket celebrity. He was won the Emmy and currently, he is the longest appearing member of the show ‘Saturday Night Life’. In addition to that, he is also involved with the show ‘Kenan’.
While the investment was a significant factor for HFactor, it did not lead to any significant optimism among investors and the stock remained in a range yesterday. It is going to be interesting to see if the stock can actually manage to break out any time soon.
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