If there is one stock that all investors could consider looking into this morning then it is the Triccar Inc (OTCMKTS:TCCR) stock. The stock was in the middle of a remarkable rally yesterday after the company made a major announcement and ended the day with staggering gains of as much as 82%.
Trading Data
On Wednesday, TCCR stock soared 82% to $0.8550 with more than 130K shares, compared to its average volume of 1.1K shares. The stock has moved within a range of $0.6600 – 1.7800 after opening trade at $0.70.
Triccar, Inc. Closes Acquisitions of Correlate, Inc. & Solar Site Design
In light of such remarkable gains, it may be a good time for investors to consider taking a closer look at Triccar and the development from yesterday. On Wednesday, the company came into focus after it announced that it had been successful in the completion of Loyal Enterprises LLC and Correlate Inc.
It should be noted that Triccar had made 100% acquisitions of both. It was noted that the pair of acquisitions is going to help the company in creating data powered platform that is going to help real estate owners in boosting their net incomes significantly.
The platform can help both industrial as well as commercial real estate owners. The news came as a source of significant optimism for investors and led to the remarkable rally yesterday. It now remains to be seen if the Triccar stock continues to soar over the coming days or not.
Key Quote
Todd Michaels, President and CEO of Correlate, stated, “Through this transaction, Correlate enters the public market at a key inflection point of its growth. The Company currently enjoys channel and sales partnerships with Fortune 250 companies and a strong, proven industry network. Our transparent, leading-edge model changes value delivery for both facility owners and proven solution providers seeking scale.”
