Worldwide Strategies Inc (OTCMKTS:WWSG) Stock Almost Doubled After Earnings Update
This past Friday, the Worldwide Strategies Inc (OTCMKTS:WWSG) stock came into sharp focus among investors after the company provided details about its management discussion, which included a look into its financial condition.
Market Action:
On Friday, WWSG stock surged 94.57% at $0.1800 with more than 326.28K shares, compared to its average volume of 81.61K shares. The stock has moved within a range of $0.0753 – 0.1977 after opening the trade at $0.0889.
Management’s Discussion and Financial Results
In addition to that, the company also provided the details of the results from its operations. The Worldwide Strategies stock also emerged as one of the notable gainers on Friday and ended the day with gains of as much as 95%. In light of such strong gains, it could be a good idea for investors to take a closer look at the developments.
The company reiterated that back in May 2019, Small Cap Compliance LLC had been appointed as its custodian by Eighth Judicial District Court of Nevada. Consequently, Small Cap Compliance LLC proceeded to appoint a Chief Executive Officer and also formulated a new board. Some months later in October 2019, the Eighth Judicial District Court of Nevada discharged Small Cap Compliance as the custodian of the company.
The company also noted that while it was in fact affected by the coronavirus pandemic, the long term impact on the business remains uncertain at this point in time. It remains to be seen if the stock can add to its gains today or not.
