On Thursday, the Affluence Corporation (OTCMKTS:AFFU) stock was in the middle of a bit of a selloff and ended the day with a decline of as much as 8%. This morning, investors are expected to keep a close eye on the stock and watch for any recovery.
Market Action:
On Thursday, AFFU stock lost 8.33% at $0.1100 with more than 3.34 million shares, compared to its average volume of 151.78K shares. The stock has moved within a range of $0.1070 – 0.2290 after opening the trade at $0.1248.
OneMind Technologies, SL Signs Multiple Global Master Services Agreements
The technology company is involved in innovations related to Internet of Things (IoT), Smart City software and 5G related technologies among others. In light of the decline in the stock on Thursday, it might be a good move for investors to take a closer look at the announcement made by Affluence Corporation.
The company announced yesterday that its subsidiary company OneMind Technologies SL completed a worldwide master services agreement with Dell and Orange Business Systems. By way of this agreement, OneMind Technologies is going to be the preferred Smart City software provider for those companies.
However, that was not all. It was also announced that OneMind had been chosen as the provider of command and control services to one of the world’s biggest Smart City projects located in the Middle East. Despite the fall in the stock price it might still be a good idea to keep the Affluence stock in your watch lists for today.
Key Quote:
“This selection of OneMind’s Hypervision product for the command & control module of one of the world’s largest smart city projects makes OneMind one of the key technologies in the Smart City market,” said James E. Honan Jr. Affluence’s Global Chief Executive Officer.
