Yesterday, investors decided to cash in on some of their profits in the Worldwide Holdings Delaware Corp (OTCMKTS:WWDH) and as a consequence, the stock tanked by as much as 30%.
On Tuesday, WWDH stock fell 31.43% at $0.0120 with more than 191.62K shares, compared to its average volume of 107.15K shares. The stock has moved within a range of $0.0120 – 0.0215 after opening the trade at $0.0215.
Listing on OTC Markets Pink Sheets
However, at the same time, it is perhaps necessary for investors to keep in mind that despite the fall yesterday, the Worldwide Holdings stock is still up by a staggering 140% in the past week. In such a situation, it is important for investors to figure out if the recent fall in the Worldwide Holdings stock could actually be an opportunity for new investors.
As it happens, the company was in the news yesterday after it announced that it was trading on the OTC Markets officially without any restrictions of any kind. In addition to that, Worldwide Holdings also noted that it was on the verge of submitting the 211 forms which would indicate that it had met all the requirements that had been set down by the United States Securities and Exchange Commission.
Yesterday’s announcement was an important one and it now remains to be seen if the stock can manage to make a recovery this morning. Investors could do well to add the Worldwide Holdings stock to their watch lists.
CEO Donald MacIntyre says, “We’re pleased to announce listing on the OTC Pink Sheets and soon have issued stock reductions that will increase the viability of WWDH. We’re excited as well to be adding products to our current Covid-inactivating SanAir Germicidal Air Purifiers for the consumer, healthcare and school markets with the on-going development of state-of-the-art solar cell and battery technology that will be attractive in markets worldwide.”