Stargaze Entertainment Group (OTCMKTS:STGZ) Stock Makes a Big Move: Jumps 30% in a Week

Stargaze Entertainment Group (OTCMKTS:STGZ) stock has been one of the biggest gainers in the past week with a jump of 30%. Will the stock resume another round of rally?

Market Action

In Tuesday’s trading session, STGZ closed lower by 0.20% to $0.2445. More than 343k shares have exchanged hands, above its average volume of 150k shares. The stock opened at $0.2540 and moved in a range of $0.2000 – 0.2650.

HPIL Holding (HPIL), Announces that it has entered into a letter of intent to sell all assets of NFT Procurement to Stargaze Entertainment Group (STGZ)

Here are the highlights:

HPIL Holding announced that it has entered into a letter of intent to sell all assets of NFT Procurement a wholly owned division of HPIL Holding to Stargaze Entertainment Group Inc. The assets are over 130 NFT Domains .com. The transaction will be based on a share swap between both companies, once officially approved. The plan will be to disperse a share distribution of STGZ to HPIL shareholders. The closing is expected to be completed within the next 10-15 days but no later than October 15th, 2021.

“I am truly excited to make this deal and it should be good for both companies and put the NFT asset in a place where they can flourish immediately with the Stargaze team,” said Stephen Brown CEO