HUMBL Inc (OTCMKTS:HMBL) Stock Is Unable To Sustain at Higher Level: But Why?

At the beginning of the year, the HUMBL Inc (OTCMKTS:HMBL) stock was one of the hottest stocks in the penny stock space and managed to clock considerable gains amidst heavy interest. However, things have been far more sober in the past months.

Yesterday, the stock was in focus among investors following a key announcement from the company and clocked gains of 4%. That being said, it should also be noted that in the past week, the stock has actually declined by 10%. On Thursday, the company announced that it launched the HUMBL Tickets platform and it goes without saying that it was a significant development.

The platform is going to help customers in getting access to premium seating options at a lower cost for a wide range of events. The events include pro sports, concerns, festivals, college sports and theatre among others.

In addition to that, it was also announced by the company that HUMBL customers will also get 100% customer protection when it comes to verified inventory. In addition to that, the transaction process is supposedly safe and secure as well. It might just be the right time for investors to start tracking the stock this morning.