FatBrain AI (OTCMKTS:LZGI) Stock Jumps 16%: Here is Why
FatBrain AI (OTCMKTS:LZGI) is a company that is currently a leader in the user friendly artificial intelligence solutions that would be needed by the enterprise winners of the future.
Trading Data
On Wednesday, LZGI stock surged 16% to $0.5800 with 51.50K shares, compared to volume of 11.13K shares. The stock moved within a range of $0.5000 – 0.6300 after opening trade at $0.5800.
FatBrain AI (LZG International, Inc., OTCQB: LZGI) Appoints Michael Moe as Executive Chair of the Board of Directors
Yesterday, the company was in the news cycle after it announced that Michael Moe had been made the chairman of its Board of Directors. The company has been growing rapidly in recent times. It has managed gained as much as $44 million in TTM revenues to go along with average sequential growth from one quarter to the next of 130%. Moe is going to shepherd the company as it seeks to speed up its growth considerably across its worldwide business.
In this regard, it ought to be noted that Moe is a professional who has a proven track record in finance, tech and innovation, which is why he could well be the ideal choice for the role.
He is an expert at growing businesses at scale so as to drive value for shareholders and at the same time he has a track record of surpassing the expectations of the market. The company feels that Moe could help FatBrain AI in becoming a major player in the fast growing artificial intelligence industry.
