One of the stocks to have emerged as a major mover on Tuesday was that of Genuine Marketing Group Inc (OTCMKTS:GMGZ), which ended up with gains of as much as 43% amidst heavy interest.
Market Action
On Tuesday, GMGZ stock surged 43.90% to $0.5900 with 100 shares, compared to its average volume 772 shares. The stock moved within a range of $0.5900 – 0.5900 after opening trade at $0.5900.
Genuine Marketing Group Inc. Signs Agency of Record
The trigger for the remarkable rally in the stock came about yesterday after the company announced that it appointed Proforma Brand X, an award winning agency as its agency of record. It was clear to see that the announcement came as a source of considerable optimism for investors and hence, it may be a good idea to take a closer look at Proforma and its credentials.
Proforma has been involved in this sector for more than two decades and is going to be intimately involved with the implementation and designs of Genuine Marketing Group’s marketing strategy. However, that is not all.
The company will also help Genuine Marketing Group with the task of networking with Proforma’s network companies in the health and wellness, retail, automotive and packaging sectors. Hence, it is clear to see that it is a deal that could lead to the unlocking of considerable long term value for Genuine Marketing Group. It now remains to be seen if the stock can add to its gains today.
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