Fernhill Corporation (OTCMKTS:FERN), which is involved in developing cryptocurrency mining, digital asset trading and blockchain software solutions, has been in focus among investors over the course of the past week. The trend remained the same on Thursday as investors continued to pile on to the stock and it ended the day with gains of as much as 23%.
That took its gains over the course of the past week to as much as 60%. There has been no news at all about the company in the past week but in this context it might be a good idea from investors to take a look at a development from September 9.
On that day, the company announced that it appointed a new Executive Vice President of Engineering in the form of Nathaniel Coonrod. Marc Lasky, the Chief Executive Officer of Fernhill spoke about the merits of the appointment as well.
He stated that everyone at Fernhill was ‘thrilled’ at the appointment due to the credentials that Coonrod brought to the table. He stated that Coonrod was a ‘world class’ engineer and over the course of his career worked on a wide range of projects for a number of companies.
