Why Is Verb Technology (VERB) Stock Up Again Today? – InvestorPlace
VERB stock is up alongside expansion news
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Source: William Potter/Shutterstock.com
Verb Technology (NASDAQ:VERB) stock is rising higher on Monday after the company announced the addition of 100 new brands to its MARKET.live livestream social shopping platform.
With this expansion, Verb is showing the strength of MARKET.live. This has investors excited on Monday, as it’s a sign the company could continue to expand to a larger market.
Rory Cutaia, CEO of Verb Technology, said the following about the expansion:
“VERB’s MARKET.live remains committed to providing the extraordinary and diverse shopping landscape that empowers leading brands, retailers, and creators to engage their shopping audiences on multiple social media networks, including TikTok, Facebook, and Instagram, among others.”
Verb Technology has already been doing this with a recent deal with Meta Platforms (NASDAQ:META). The Facebook and Instagram parent company recently allowed Verb Technology to natively integrate shopping with those apps.
That also sent shares of VERB stock higher on Friday when the news broke. This makes sense, as it allows customers to purchase from MARKET.live without having to leave the Facebook or Instagram apps.
VERB stock is seeing heavy trading on Monday with more than 154 million shares traded. That’s well above its daily average trading volume of about 10 million shares.
VERB stock is up 41% on Monday morning. That builds on its Friday rally and has the company’s shares up 264.8% since the start of the year.
Investors seeking out even more of the most recent stock market news are in luck!
We have all of the hottest stock market stories that traders need to know about on Monday! Among that is what’s happening with shares of Tilray (NASDAQ:TLRY), Super Micro Computer (NASDAQ:SMCI) and Nvidia (NASDAQ:NVDA) stock today. You can find out more on these matters down below!
On Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.
Read More: Penny Stocks — How to Profit Without Getting Scammed
On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
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Article printed from InvestorPlace Media, https://investorplace.com/2024/03/why-is-verb-technology-verb-stock-up-again-today/.
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This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
Advertisement
Source: William Potter/Shutterstock.com
Verb Technology (NASDAQ:VERB) stock is rising higher on Monday after the company announced the addition of 100 new brands to its MARKET.live livestream social shopping platform.
With this expansion, Verb is showing the strength of MARKET.live. This has investors excited on Monday, as it’s a sign the company could continue to expand to a larger market.
Rory Cutaia, CEO of Verb Technology, said the following about the expansion:
“VERB’s MARKET.live remains committed to providing the extraordinary and diverse shopping landscape that empowers leading brands, retailers, and creators to engage their shopping audiences on multiple social media networks, including TikTok, Facebook, and Instagram, among others.”
Verb Technology has already been doing this with a recent deal with Meta Platforms (NASDAQ:META). The Facebook and Instagram parent company recently allowed Verb Technology to natively integrate shopping with those apps.
That also sent shares of VERB stock higher on Friday when the news broke. This makes sense, as it allows customers to purchase from MARKET.live without having to leave the Facebook or Instagram apps.
VERB stock is seeing heavy trading on Monday with more than 154 million shares traded. That’s well above its daily average trading volume of about 10 million shares.
VERB stock is up 41% on Monday morning. That builds on its Friday rally and has the company’s shares up 264.8% since the start of the year.
Investors seeking out even more of the most recent stock market news are in luck!
We have all of the hottest stock market stories that traders need to know about on Monday! Among that is what’s happening with shares of Tilray (NASDAQ:TLRY), Super Micro Computer (NASDAQ:SMCI) and Nvidia (NASDAQ:NVDA) stock today. You can find out more on these matters down below!
On Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.
Read More: Penny Stocks — How to Profit Without Getting Scammed
On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
Consumer Discretionary, Retail, E-Commerce, Technology, Software
Penny Stocks
Article printed from InvestorPlace Media, https://investorplace.com/2024/03/why-is-verb-technology-verb-stock-up-again-today/.
©2024 InvestorPlace Media, LLC
Market Analysis
Hot Stocks
Stocks to Sell
Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes. Copyright © 2024 InvestorPlace Media, LLC. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201.
Not Yet a Premium Subscriber?
Your Email
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
