Nexus Energy Services (OTCMKTS:IBGR) Stock Makes a Bullish Move: Here is Why

There was no fresh news about Nexus Energy Services (OTCMKTS:IBGR) yesterday but the stock emerged as one of the major gainers. On Monday, investors flocked to the Nexus Energy stock in big numbers and the stock ended the day with gains of as much as 82%.

While the rally in the stock may have been entirely speculative in nature, it might still be a good idea for investors to take a look at a key development from July. The company, which is better known by its business name DRYWORLD Brands Inc, announced last month that it roped in Darya Klishina, the Russian long jump athlete as a shareholder and ambassador.

Klishina is one of the most well known athletes in the world and is regarded as one of the most influential athletes of the last ten years or so. Hence, the fact that the company managed to rope in Klishina as an ambassador and shareholder is a major development. On the other hand, Nexus Energy also announced the immediate launch of two projects in collaboration with Klishina. One of those is the DRYWORLD ‘Take Flight’ Collection and the other is HauteD by Dasha.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.