What We’re Seeing From The Stock
As investors, one of the first things that we learn is that the news moves the market. In this particular case, the news proved to be overwhelmingly positive. After all, the acquisition of Flexisphere will assist DPW Holdings in moving forward with their crytpocurrency mining initiative. So, it’s no surprise that excited investors are sending the stock toward the top this morning. At the moment (8:26), DPW is trading at $2.29 per share after a gain of $0.17 per share or 8.02% thus far today.
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What We’ll Be Watching For Ahead
Moving forward, the CNA Finance team will continue to keep a close eye on DPW. In particular, we’re interested in following the continued efforts of the company to bring a massive amount of cryptocurrency miners online. We’ll also be watching the company’s ongoing work in the commercial and defense sector and we’re excited to see the fruits of their labor on both sides of the business. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!
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