Following a regulation announcement from XCPCNL Business Services Corporation (OTCMKTS:XCPL) yesterday, the company saw its stock go through a selloff to end the day with a decline of as much as 4%.
On Thursday, XCPL stock moved down 3.85% to $0.0025 with more than 23.43 million shares, compared to its average volume of 13.88 million shares. The stock moved within a range of $0.0021 – 0.0029 after opening trade at $0.0026.
XCPCNL Business Services Announces Shareholder Meeting Via Zoom Webinar
XCPCNL Business Services Corporation is involved in the venture development business and yesterday it announced that it was going to host a webinar on Zoom for the benefit of the shareholders. It is going to be held on October 18 and will commence at 10 in the morning Eastern Standard Time. All investors are going to get a confirmation email from the company after they register for the event.
The company also noted some of the topics that are going to be on the agenda at the webinar. Here is a look at some of those. One of the discussions is about the stock buyback program that XCPCNL Business Services Corporation is going to initiate.
Two other important topics that shareholders could well be interested in are common stock dividend plans and the reduction of the authorized shares in the company. The webinar is also going to see the company having a discussion with regards to the clearing of convertible notes.
XCPL stock is trading below the 20-Day and 50-Day Moving averages of $0.0027 and $0.0084 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0093.