Stocks may not always move due to the emergence of specific news about the company and in fact, it is often noticed that they rise or fall for no reason at all. Such a rally was seen in the Visium Technologies Inc (OTCMKTS:VISM) stock on Tuesday as investors piled on to the stock in a big way and sent it soaring by as much as 38%.
The company is involved in predictive visualisation tech and real time cyber security among other services. Back on August 18, the company was in the news after it announced that it was a technology partner of the data analytics platform operators Datadog Inc.
It was a major announcement from the company and one that may have brought it into sharp focus among many investors. As per the announcement made at the time by Visium, its TruContext applications were integrated with the data visibility platform that is owned by Datadog.
By way of that integration, the platform was going to be able to provide both context based visualisation and analysis. The latest rally in the stock may or may not have been triggered by that announcement. Investors could do well to keep an eye on the news related to Visium at this point.
