At the turn of the year, the HUMBL Inc (OTCMKTS:HMBL) stock had been one of the biggest movers from among penny stocks and although the recent performance has not been as spectacular, the stock has managed to make steady gains.
For instance, over the course of the past week, the stock has come on to the radars of many investors and managed to clock gains of as much as 10%. The rally in the stock was triggered by an announcement from the company last Thursday with regards to the launch of its ticketing platform named HUMBL Tickets.
It was a significant development for the company considering the fact that tickets for a wide range of events are going to made available to customers. More importantly, customers will be able to get direct access to premium seats at different events at a lower cost than usual.
Those who use the platform are going to get lower cost premium tickets for pro sports, theatre, festivals, concerts and college sports among others. The platform also offers safety and security for transactions and it now remains to be seen whether it becomes popular among customers in the coming months.
