Mergers and acquisitions company ILUS International Inc (OTCMKTS:ILUS) has emerged as one of the companies that could be looked into closely at this point in light of the gains made by its stock over the past few days. Yesterday, investors continued to pile on to the stock and sent it soaring by 21%.
That took its gains over the course of the past week to as much as 55%. While the gains may be attractive, it is also important for investors to keep in mind that there was no news about ILUS in the past week and the rally might seem quite random to many investors.
However, it might be a good move for investors to keep in mind that up until the end of last month ILUS had managed to make considerable progress as a company. Up until then, the company had already managed to complete as many as three acquisitions in 2021 and it was working on a range of other acquisitions in order to further grow its business.
In addition to that, the company is currently also working on the development, testing and eventual certification of new technologies. It is a stock that investors could consider adding to their watch lists.
