Those who are looking into stocks which have made significant gains in recent days might do well to take a closer look at the Rogue Station Companies Inc (OTCMKTS:RGST) stock.
It has been one of the biggest movers in recent days and the trend continued yesterday as the stock ended up with gains of as much as 105%. As a matter of fact, the gains made by the Rogue Station stock yesterday took its gains for the past week to a staggering 560%. While it is true that there was no news about the company yesterday, the company had announced on Monday that it had completed a letter of intent related to a business combination with Everdime Technology Inc.
The possibility of a business combination has stoked considerable excitement among investors because of the nature of Everdime’s business.
The company is a crypto technology innovator and is currently focussed on NFTs or non-fungible tokens for the purposes of monetisation of social networks of both participants as well as operators. In recent times, NFTs have emerged as one of the more lucrative niches in the crypto space and more and more companies are getting into it. Investors could do well to follow the developments with regards to this business combination.
