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QMMM (NASDAQ:QMMM) Shares Gap Up - Here's What Happened

QMMM logo with Business Services background

Key Points

  • QMMM Holdings Limited experienced a notable increase in stock price, gapping up from a previous close of $75.53 to an opening price of $108.51 on Friday, with a last traded price of $116.06.
  • The stock surged by 38.4% amidst a trading volume of 654,665 shares, indicating strong investor interest.
  • QMMM engages in providing digital advertising services, including interactive design and virtual technologies, serving a diverse clientele from banks to luxury brands.
  • Interested in QMMM? Here are five stocks we like better.

QMMM Holdings Limited (NASDAQ:QMMM - Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $75.53, but opened at $108.51. QMMM shares last traded at $116.06, with a volume of 654,665 shares changing hands.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded QMMM from a "sell" rating to a "hold" rating in a research note on Saturday.

Read Our Latest Research Report on QMMM

QMMM Stock Up 21.1%

The stock has a 50-day moving average of $15.53 and a 200 day moving average of $6.10.

About QMMM

(Get Free Report)

QMMM Holdings Ltd. engages in the provision of digital advertising services. It offers interactive design, animation, art-tech and virtual technologies used in commercial campaigns. It has worked with domestic and international banks, real estate developers, amusement parks, international athletic apparel, footwear brands, luxury cosmetic products, and international brands.

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