Software development and mobile app aggregating company AppSwarm Inc (OTCMKTS: SWRM) may not have seen strong gains for long, but last Friday its stock fell as much as 20% on profit posting. Stocks that make sizeable gains can often suffer such falls in price when investors choose to redeem some of their gains, but it can also be an opportunity for new investors.
So before another week of trading begins, it might be a good time for investors to take a closer look at AppSwarm. There hasn’t been any news about the company this month.
However, the last major news came last month when AppSwarm announced that it had hired the services of AI VentureTech Inc as its key strategic advisor to TulsaLabs. AI Venture Tech will assist TulsaLabs in appointing a dynamic team as top management so that the advanced technology project can run smoothly.
In this context, it should also be noted that the management team to be established will be responsible for appointing managers for the various departments within TulsaLabs.