The Marquie Group Inc. (OTCMKTS:TMGI) Stock Suddenly Falls 335: Here is Why
The Marquie Group Inc. (OTCMKTS:TMGI) fell 33% in the last session. Recently, the company announced the introduction of beauty supplements complimenting the Whim line of beauty and health products under an exclusive license and created by Simply Whim.
Market Stats
On Friday, TMGI stock slumped 33% at $0.0001 with more than 202.83 million shares, compared to its average volume of 226.39 million shares. The stock has moved within a range of $0.0001 – 0.0002 after opening trading at $0.0002.
Latest News
CEO Marc Angell said that the first Whim products shipment is already selling well with amazing consumer reviews. For instance, a top beauty company executive claims that the Whim Scrub is the best she has used in all her business years. In addition, Angell said that with the addition of the three beauty supplements, the company now offers robust outer nutrition and inner health products lines for all ages.
The Simply Whim supplements include a beauty vitamin complex “Harmony,” hydrolyzed collagen peptide powder “Boost,” and a natural-based sleep and melatonin and relaxation enhancer “Hush.” Interestingly the inner nutrition products line joined the already popular outer-nutrition products that include scrub, cleanser, moisturizer, face serum, eye treatment, and SPF. So in the coming weeks, TMGI is worth watching.
Traders Corner
TMGI stock is trading below the 20-Day and 50-Day Moving averages of $0.0002 and $0.0004 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0006. The stock is down 75% in the past 3-month.
