AppSwarm Corp (OTCMKTS:SWRM) Stock Soars 77%: What’s Going On?

On Thursday, the AppSwarm Corp (OTCMKTS:SWRM) stock emerged as one of the biggest gainers in the market as investors piled on to it in a big way and sent it soaring by as much as 77%.

There was no news about the company yesterday that might have led to such enormous gains but in this context it might be a good move for investors to take look at a development from back in August. Back on August 16, the software development and mobile application aggregating firm announced that it appointed the services of AI VentureTech Inc in the capacity of strategic advisor for TulsaLabs.

AI VentureTech is going to be involved intimately with the TulsaLabs project and will be responsible for helping AppSwarm in creating a capable management team which can take care of the ambitious project. AI VentureTech is going to be in charge of appointing the project managers who are going to be responsible for key aspects of TulsaLabs.

The project managers, in turn, will take care of some of the most important aspects of TulsaLabs like space applications, blockchain development and data consulting among others. In light of the rally on Thursday, it might be a good time for investors to put the AppSwarm stock in their watch lists.