Leafbuyer Technologies (LBUY) Stock: Continuing Up After Thursday’s Great News!

Leafbuyer LBUY Stock NewsLeafbuyer Technologies Inc (OTCMKTS: LBUY) has had an incredible run in the market over the past couple of trading sessions and that run is continuing today. Ultimately, the gains are the result of news surrounding impressive growth and a major upgrade and expansion of its website. Today, we’ll talk about the news, what we’re seeing from the stock as a result, and what we’ll be watching for with regard to LBUY ahead.

LBUY Continues Up On Thursday’s News

As mentioned above, Leafbuyer Technologies has had an incredible run in the market that is continuing for the third straight trading session. The gains are the result of a press release that was issued by the company on Thursday morning. In the release, the company announced that not only had the website seen growth of around 900% in page views in less than 6 months, it has made the decision to move forward with a major upgrade and expansion to its News & Blog website, which is now generating more than 300,000 page views per month.

The LBUY Blog & News website is quickly becoming a cornerstone in marijuana news and culture. The website provides in-depth news updates, helpful resource guides, education stories, information on laws, and much, much more. In a statement, Kurt Rossner, CEO at LBUY, had the following to offer:

Our new web property was re-vamped to provide the cannabis community with a much smoother user experience… There is tremendous content that needs to be curated and Leafbuyer intends to become the go-to source for marijuana news and information. The new blog is also designed to make it easier to navigate and was carefully restructured to display better on smartphones and tablets since more than 75% of our traffic comes from mobile devices. 

Our new web property was re-vamped to provide the cannabis community with a much smoother user experience… There is tremendous content that needs to be curated and Leafbuyer intends to become the go-to source for marijuana news and information. The new blog is also designed to make it easier to navigate and was carefully restructured to display better on smartphones and tablets since more than 75% of our traffic comes from mobile devices.

What We’re Seeing From The Stock 

One of the first lessons that we learn when we start to dabble in the market is that it’s important to keep a close eye on the news. After all, the news moves the market. In the case of Leafbuyer Technologies, the news proved to be overwhelmingly positive. With growth in mind, the company is expanding its website and digging its roots deeper in various corners of the cannabis industry. So, it’s no surprise that the stock has been headed up for 3 consecutive sessions. At the moment (11:50), LBUY is trading at $1.38 per share after a gain of $0.04 per share or 2.99% 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 LBUY. In particular, we’re interested in following the story surrounding the company’s continued growth in the marijuana news and information sector as well as the continued growth of the deals website that is quickly taking hold of the industry. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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