Galexxy Holdings Inc (OTCMKTS:GXXY) Stock Gains Momentum: Here is Why

On Tuesday, there were plenty of stocks which managed to make an upward move and one of those was the Galexxy Holdings Inc (OTCMKTS:GXXY) stock which ended up with gains of as much as 7%.

Trading Data

On Tuesday, GXXY stock surged 6.67% to $0.0800 with 912 shares, compared to volume of 41.87K shares. The stock moved within a range of $0.0800 – 0.0800 after opening trade at $0.0800.

Galexxy’s Wellbeing Farms Expands

The company came into focus among investors yesterday after it announced that its fully owned subsidiary unit Wellbeing Farms LLC had inked another strategic lease and commercial supply agreement with the firm Delta 8 LLC and its related company uVending LLC. The announcement seemed to have come as a source of considerable positivity for investors and it now remains to be seen if the Galexxy stock can continue to hold on to its momentum through the rest of the week.

At this point Delta is involved is expanding its addressable market into the state of Texas for the sale of its proprietary DBB Products. The products in question are being manufactured by Wellbeing Farms under the provisions of an exclusive white label supply agreement.

The sales for the products are going to be generated through the tailor made Smart Vending Kiosks which are supplied by its affiliate company uVending LLC. It could be a good idea for investors to keep an eye on the Galexxy Holdings stock today.