In recent weeks, the technology security company DarkPulse Inc (OTCMKTS:DPLS) has seen its stock emerge as one of the major gainers in the market and the trend continued on Wednesday.
Yesterday, the stock jumped by 32% as investors continued to pile on to it and that took its gains for the past month to as much as 135%. However, in this regard, it is also important for any potential investor to note that there was no news about the company yesterday that might have led to such a hefty gain. Hence, it might be a good move to get a better idea about the company and its business.
Back in 1989, DarkPulse was a fully owned subsidiary company of Klever Marketing. However, back in 2018, the two entities had a reverse merger of sorts and the new entity came to be known as DarkPulse.
The company is currently known for offering the full range of installation, engineering and security management products to both governments and also enterprises. Earlier on in the week on Monday, the company submitted a filing to the United States Securities and Exchange Commission with regards to a stock offering of as much as $50 million.
Market Reaction:
On Wednesday, DPLS stock surged 32% at $0.1639 with more than 121.24 million shares, compared to its average volume of 97.40 million shares. The stock had moved within a range of $0.1290 – 0.1650 after opening the trade at $0.1305. Over the past 52-week, the stock has been trading within a range of $0.0001 – 0.2020.
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