Uplisting of a stock is almost always regarded as significant news and hence, it may be a good idea for investors to consider keeping track of the Business Warrior Corp (OTCMKTS:BZWR) stock this morning. Yesterday, the company came into focus after it announced that its stock had been uplisted to the OTCWB Venture Market from the OTC Pink Market.
Trading Data
On Thursday, BZWR stock fell 2.26% to $0.0130 with more than 1.27 million shares, compared to volume of 370.60K shares. The stock moved within a range of $0.0119 – 0.0143 after opening trade at $0.0143.
Business Warrior Announces Uplisting to OTCQB Venture Market
The uplisting went into effect yesterday and it is going to be interesting to see if there is any traction for the stock today. It should however be noted that the stock is going to continue to trade under the same ticker symbol BZWR.
The Chief Executive Officer of Business Warrior Corp, Rhett Doolittle noted that it was another significant milestone for the company as it tries to become the ultimate resource for small businesses which seek to boost profits and generate growth.
The uplisting is important for another factor as well. It is going to allow the stock to be traded at a much bigger scale and it is going to be exposed to many more investors. An uplisting to a bigger exchange is generally seen as a positive by market participants.
Key Quote
“We are extremely proud to have BZWR trading on the OTCQB market,” said Rhett Doolittle, CEO of Business Warrior. “This is another massive milestone that we’ve hit as part of our vision to be the premier source for small businesses to grow and increase profits.
Technical Data
BZWR stock is trading below the 20-Day and 50-Day Moving averages of $0.0161 and $0.0193 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0501. The company has a total market capitalization of $5.80 million.
