Blaqclouds Inc. (OTC: BCDS) Stock Surges 30% After the Recent News

The trading week may be heading to a close, but investors are going to continue to be on the lookout for stocks to track this morning, and one of those could be the Blaqclouds Inc. (OTC: BCDS) stock. The Web3 solutions and blockchain technology leader hit the news cycle yesterday after a major new announcement about new appointments.

New Board Appointments

In the news release yesterday, Blaqclouds announced that it had made three new appointments to its board of directors. The three people added were Anthony Emmert, Dr. Todd Zang, and Ankit Solanki. The company announced that the new members of the board would bring considerable experience in the realms of data science, healthcare, blockchain technology, and strategic operations. It was also stated by the company that the new appointments also demonstrated its commitment to innovation, growth, and leadership in the innovative digital assets space.

Further Information

The company stated that Dr. Todd Zang was a healthcare leader and entrepreneur, while Ankit Solanki was a data science and business intelligence expert, and Anthony Emmert excelled in strategic operations and blockchain advocacy. While the appointments were important, it is now going to be interesting to see how the market reacts to the changes.

CEO Quote

“We are honored to welcome Dr. Zang, Ankit, and Anthony to our Board of Directors,” said Marjorie Schaefer, CEO of Blaqclouds, Inc. “Their extensive backgrounds and diverse expertise will help drive Blaqclouds forward as we continue to pioneer blockchain innovations and expand our impact in the digital asset space.”

Technicals

+/- EMA(20)0.0108 (-16.67%)
+/- SMA(50)0.0134 (-32.84%)
+/- SMA(200)0.0058 (+55.17%)
5-Day Perf.+5.88%
1-Month Perf.-53.61%
3-Month Perf.+373.68%
6-Month Perf.+328.57%
YTD Perf.-50%
1-Year Perf.+157.14%
RSI(14)43.84
ATR(14)
ADX(14)22.16