In the past few months, there has hardly been any news about Healthier Choices Management Corp (OTCMKTS:HCMC) but last Friday the stock was on the radars of many investors and ended the day with gains of as much as 20%.
Despite the rally in the stock being a bit of a mystery, it might still be a good move for investors to take a look at an announcement from the company back on May 24 this year. The announcement in question from the company was in response to the large number of queries that had been sent in by shareholders with regards to the rights issue from Healthier Choices Management.
The specific announcement was regarding information related to participation in the rights offering from Healthier Choices Management from online trading portals. It was an important announcement from the company and made it easier for interested parties to participate in the whole thing.
However, at the same time, it is perhaps also necessary to point out that the rally in the Healthier Choices Management stock last Friday was possibly not driven by the rights issue. In this situation, investors could do well to keep a close eye on the stock and any news that might emerge about the company.
