AppSwarm Inc (OTCMKTS:SWRM) Stock Rockets 80% in a Month: What’s The Buzz
AppSwarm Inc (OTCMKTS:SWRM) stock was in focus as the stock ended higher on Friday after the recent consolidation. In fact, the stock has soared over 80% in the past month.
Market Action
In the previous trading session, SWRM surged 9% to $0.0184. A total of 47.12 million shares traded for the session hands, well above its average volume of 21.93 million shares. The stock opened at $0.0184 and moved in a range of $0.0158 – 0.0208.
Key Trigger
September 24, 2021 12:00 ET – TulsaLabs Announces Agreement to Develop Next Generation Urban Transportation Technologies
AppSwarm Inc announced it has been retained by Touchpoint Group Holdings, Inc. (OTCQB: TGHI), a media and digital technology holding company, to explore the development of new urban transportation technologies.
TulsaLabs announces an agreement with Touchpoint Group to explore the development of next-generation urban transportation technologies for the commercial market.
Through Touchpoint’s recent acquisition of the World Championship Air Race (WCAR) both parties will explore technological developments in green power and advanced aerial mobility, including electric powered aircraft, EVTOL (vertical takeoff and landing), and personalized Jetpacks.
Key Quote:
Chris Bailey, the CEO of AppSwarm, commented, “As a research lab focused on next-generation technology, the exploration of new urban transportation opportunities is something that interests us very much. We are very excited to be working with the team at Touchpoint, and how we can both leverage our expertise to become a player in the next generation urban transportation market.”
