There were a number of stocks that experienced strong selloffs on Wednesday and one of those was the One World Universe Inc (OTCMKTS:OWUV) stock, which went down by as much as 10%. Although the stock tanked yesterday, the company did make a key announcement that investors ought to look into.
Trading Data
On Wednesday, OWUV stock ended lower 10% to $0.0360 with more than 577.59K shares, compared to its average volume of 1.53 million shares. The stock moved within a range of $0.0355 – 0.0400 after opening trading at $0.0400.
One World Universe Inc. is Pleased to Announce That MVP is Finally at the Goal Line
The company announced yesterday that its film MVP was on the finishing line. One World Universe announced that the MVP Premiere was going to take place at The Grove in Los Angeles on September 14, 2022. However, that is not all. The company also noted that the film was going to be screened at as many as 35 theaters across the United States on the same day.
The 35 screenings are going to include all the NFL markets in addition to cities like Salt Lake City, San Diego, Orlando, Austin, and San Antonio. It was also announced that One World Universe was going to give away as many as 100 tickets at each of the screenings. Once the screenings are completed successfully, the company was going to take MVP on the road. Although the stock declined following the announcement, it remains to be seen if it can manage to make a recovery today.
Key Quote
“We have 100 tickets to give away at each of those screenings and if you are interested in attending, please reach out to us,” stated Nate Boyer. “After these successful screenings, I’ll be taking the movie on the road after that and hosting fundraising screenings for vetsandplayers.org in some incredible venues such as the WWII Museum in New Orleans, Arlington Draft House in DC, and the Paramount & State Theater in Austin, etc.”
Technical Data
OWUV stock is trading below the 20-Day and 50-Day Moving averages of $0.0522 and $0.0432 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.1040. The company has a total market capitalization of $6.20 million.
