Accelerated Technologies Holding Corporation (OTCMKTS:ATHC) Stock Suddenly Soars 26%: But Why?

Most investors are likely to look into those stocks this morning which may have made a strong upward move this past Friday and hence, the Accelerated Technologies Holding Corporation (OTCMKTS:ATHC) stock might be in focus.

Market Stats

On Friday, ATHC stock went up 26.25% at $0.5050 with more than 2k, compared to its average volume of 3.3K shares. The stock has moved within a range of $0.2000 – 0.5199 after opening trading at $0.20.

Latest News

This past Friday, the Accelerated Technologies stock was in sharp focus after it made a key announcement and ended the day with gains of as much as 26%. The company announced that it had strengthened its advisory board further through the appointment of Wayne M Greenwald. Accelerated Technologies described Greenwald as a ‘New York Super Lawyer’.

Accelerated Technologies is an emerging player in the financial technology sector and is best known for providing its services to SMBs. In addition to that, the company also well known for having ownership of disruptive technologies, which it operates. The appointment of Greenwald is significant since he brings his experience as a seasoned debtor-creditor lawyer spanning more than four decades.

He was been associated with a wide range of organisations throughout the course of his illustrious career and it seems that investors are excited about the appointment. It is now going to be interesting to see if the Accelerated Technologies stock can manage to add to its gains this morning.

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.