Blackboxstocks more than doubles after an effective reverse merger with aftermarket auto parts supplier Evtec

Shares of Blackboxstocks Inc.

shot up 130.7% on heavy volume in afternoon trading Monday, after the provider of analytics for stock and options traders via its social media platform announced a deal that is effectively a reverse merger to privately held Evtec Group Ltd., a supplier of automotive aftermarket products. Trading volume rocketed to 13.9 million shares, compared with the full-day average over the past 30 days of about 38,100 shares. Blackboxstocks said after the deal closes, it will own 8.

shot up 130.7% on heavy volume in afternoon trading Monday, after the provider of analytics for stock and options traders via its social media platform announced a deal that is effectively a reverse merger to privately held Evtec Group Ltd., a supplier of automotive aftermarket products. Trading volume rocketed to 13.9 million shares, compared with the full-day average over the past 30 days of about 38,100 shares. Blackboxstocks said after the deal closes, it will own 8.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves premarket: Charles Schwab, Dell, Alphabet, HP Inc. & moreJPMorgan downgraded Dell to neutral from overweight, citing its preference for HP's expected recovery in the PC segment.
Source: CNBC - 🏆 12. / 72 Read more »