There were many stocks which rallied strongly on Thursday despite there being no specific news about the companies in question and one such stock was that of Averox Inc (OTCMKTS:AVRI). Investors moved in on the stock in a big way yesterday and it ended the day with staggering gains of as much as 178%.
As mentioned earlier, there has been no news about the company at all but in light of such enormous gains it might be a good move for investors to take a look at the company and its business in order to get a better idea of the situation.
The company is involved in providing telecom engineering technology and information technology services to enterprises of all sizes across the world. However, that is not all. In addition to that, Averox is also involved in providing a range of other services like system integration, telecom implementation, program management and site acquisition among others.
It is based out of Novi in Michigan and although it is still unclear why the stock rallied so strongly yesterday, it might still be a good move to keep the stock in your radars. It is going to be interested to see if the Averox stock corrects today or adds to its gains.