The Drone Guarder Inc (OTCMKTS:DRNG) stock emerged as one of the major winners this past week. On Friday, the stock continued to be in massive demand and clocked gains of 61%.
That took its gains for the whole week to as much as 80%. In light of such considerable gains, it might be a good idea for investors to look into Drone Guarder a bit more closely. The company is involved in the security and surveillance space and primarily focussed on the commercialisation of drones. The strong rally in the stock has come about following the announced that it signed a deal by way of which it is going to be acquired by Video River Networks, a holding company that is focussed on electric vehicles as well as battery technology.
The development resulted in considerable optimism and excitement among investors with regards to the Drone Guarder stock and led to the strong rally. It was also announced that Drone Guarder is going to operate as an independent company and its Chief Executive Officer Adam Taylor is going to continue in his position. In light of the rally in the stock, investors could consider adding to the stock to their watch lists at this point.
