AB International Group (OTCMKTS:ABQQ) Stock Jumps After Obtaining a License for United Artists Releasing
AB International Group Corp., has announced on October 11, 2022, about obtaining a license for United Artists Releasing motion pictures for exhibition at the theatre in New York operations by AB Cinemas NY, Inc., an ABQQ company.AB International is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual properties. It engages highly anticipated video streaming service targeting global multi-billion dollar and growing video streaming industry.
Trading Data
On Tuesday, ABQQ stock surged 3.45% to $0.0015 with more than 75.98 million shares, compared to volume of 9.13 million shares. The stock moved within a range of $0.0013 – 0.0023 after opening trade at $0.0015.
AB INTL GROUP Announces Obtain a License for United Artists Releasing
United Artists Releasing, was founded in 2019. It is an U.S. theatrical releasing company built upon the legacy of the iconic United Artists motion picture studio, providing a home where filmmakers are supported by thoughtful approaches to marketing, publicity and distribution.
United Artists Releasing gives an alternative distribution option outside of the studio system to content creators. This is a joint venture between Metro-Goldwyn-Mayer and Annapurna Pictures. Apart from supporting Annapurna, Metro-Goldwyn-Mayer and Orion film slates, the company also releases third-party films.
AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual properties. We are engaged to acquisition and distribution of movies.
Traders Corner
ABQQ stock is trading below the 20-Day and 50-Day Moving averages of $0.0022 and $0.0035 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0107.
