There were a number of stocks which had made notable moves on Wednesday and one of those was the Rogue Station Companies Inc (OTCPink:RGST) stock, which ended the day with gains of as much as 7% for the day.
Market Action
On Wednesday, RGST stock ended flat at $0.0470 with more than 1K shares, compared to its average volume of 5.06K shares. The stock moved within a range of $0.0470 – 0.0470 after opening trade at $0.0470.
Rogue Station Companies Inc./Everdime launches new onboarding to Web3 solutions for Small and Medium-Sized Enterprises
The company came into the news cycle on Wednesday after it announced that it had launched its Web3 on boarding service directed at small and medium sized businesses. The company deployed its white label and customized solutions developed in-house for this particular product. It was a significant new announcement from the company and the reaction of the market participants was perhaps not a surprise in any way.
As per experts, Web3 is expected to be the next big evolution for the internet and if enterprises are to stay competitive then they would need to get into it as well. However, it is something that may prove to be difficult for small and medium sized enterprises, which is why the offering from Rouge Station Companies is an important one. As per a study from Market Research Future, the Web3 sector is expected to drive a valuation of as much as $6 trillion in 2023 and hence, the entry of Rouge Station Companies into it can only be seen as a positive.
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