Two Hands Corporation (OTCMKTS:TWOH) stock Extends Rally: Jumps 52% in a Week
In the past week, the Two Hands Corporation (OTCMKTS:TWOH) stock has been in the middle of a strong run and it continued on Tuesday.
Yesterday, the stock managed to record gains of 23% as investors continued to flock to the Two Hands stock. The gains made yesterday took its gains for the past week to as much as 52%. While it is true that there has been no news about the company in the past week, it might be a good move to take a look at an announcement made by the company earlier on in the month.
Back on July 7, the company announced that it decided to focus solely on the grocery market through a troika of on demand food brands. The three brands in question are Cuore Food Services, GoCart.City and Grocery Originals.
The grocery space has attracted considerable attention from investors in recent times and it is no surprise that this decision from Two Hands has resulted in new found optimism about the company. The Board of Directors at the company completed a strategic review and once that was completed, the company decided to make the announcements. Investors could consider keeping track of the stock this week.