This morning a number of stocks have managed to clock significant gains already and one of the notable gainers is the Smart Decision Inc (OTCMKTS:SDEC) stock. It attracted the attention of investors in a big way this morning and soared by as much as 20% amidst heavy interest.
Smart Decision, Inc. Announces the Development of a Plugin for CBD Retailers
While the rally in the stock was significant it is also necessary to point out that there was no news about Smart Decision this morning and the rally might, in fact, appear to be random to many investors. However, at the same time, it ought to be noted that the company was in fact in the news earlier on in the week and it may be a good idea to take a look into that development in order to make sense of today’s rally.
Back on February 8, the company announced that it had started the build-out in relation to the plug ins that are meant for CBD online retailers. The plug ins are supposed to be easy to implement as well. The plug ins are meant for those online retailers who either use the WooCommerce platform or the Shopify platform for the purpose of hosting their shop online. That is a significant thing to keep in mind since those two platforms are the largest e-commerce shopping platforms and hosts hundreds of thousands of businesses.
Additionally, most of those who sell CBD online use the two above-mentioned platforms for their purposes. The plug-ins are going to help the retailers in implementing the special algorithm from Smart Decision onto their e-commerce websites. The algorithm is supposed to help shoppers with making the right choice when it comes to buying CBD products and improve the overall shopping experience. It may be a good idea for investors to keep an eye on the Smart Decision stock today.
