Majic Wheels Corp. (OTCMKTS:MJWL) Stock Sees Selling Pressure At Higher Level
Majic Wheels Corp. (OTCMKTS:MJWL) stock went lower in the previous trading session after the recent fall. The stock has fallen 12% over the past week.
Market Action
On Friday, MJWL closed lower by 4% to $0.0780. More than 9.34 million shares have exchanged hands, well above its average volume of 18.17 million shares. The stock opened at $0.080 and moved in a range of $0.0752 – 0.0879.
Majic’s CGCX Partners with PVBLIC Foundation
Here are the highlights:
Majic Wheels signed a strategic partnership agreement with the PVBLIC Foundation, an innovative non-profit organization that mobilizes media, data, and technology for sustainable development and social impact around the world.
Through this partnership, Majic Wheels Corp., and CGCX will contribute towards providing extensive support to a series of sustainable development and climate advocacy campaigns that will run through the rest of 2021. This partnership was specifically designed to showcase CGCX’s global leadership and action on the Sustainable Development Goals (SDGs). This partnership will include promotion of CGCX’s thought leadership around blockchain technologies.
Kicking off the series of campaigns, CGCX and Majic, will be joining the “Together for the Planet” event taking place on September 27, 2021 in Mexico City. This strategic event is set to unite public and private sector leaders in Mexico and the United States to lay the foundation for new partnerships that will prompt action in the run up to the United Nations Conference on Climate Change, COP26, taking place in November.
Key Quote:
“We are honored to be part of this initiative by the PVBLIC Foundation. We are very proud of the recognition we are receiving for our commitment toward sustainable development goals. I deeply believe that creating shareholder value can only be strengthened by our firm climate advocacy and sustainable development values.” said David Chong, Chief Executive Officer of Majic Wheels, Corp.
