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Microcap & Penny Stocks : Pennies Arent Dead

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From: getlouied9/19/2023 1:48:36 PM
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Monday’s Market Marvels: Top Stock Performers Shine: ENZC, CLNV, HALB

On Monday, there were a number of stocks that had managed to make strong moves, and it could well be a good time for investors to take a look at some of those. As trading begins this morning, investors ought to know about some of the stocks that managed to make notable gains yesterday.

Enzolytics Inc. (OTC:ENZC)The company started the week off with a strong performance in the markets, as its stock ended up with gains of as much as 29.59%. Additionally, the trading volume in Enzolytics Inc. stock had also gone up 7.4 times its average daily volume.

The company was in focus yesterday after it announced that it had signed a binding business combination agreement for the sale of its subsidiaries, Virogenetics Inc. and Biogenysis Inc., to Sagaliam Acquisition Corp. The company also announced yesterday that, as per the agreement, the transaction was valued at $450,000,000. The combined entity is expected to be listed on NASDAQ. It was also noted yesterday that the entities had already started the de-SPAC process.

Clean Vision Corporation (OTC:CLNV)On Monday, the company emerged as one of the major movers in the market, and its stock ended up with gains of as much as 17.69%. The trading volume in Clean Vision Corporation stock had also hit 3.78 times its average trading volume for 30 days.

On September 7, the company announced that it had been disbursed with a forgivable loan worth $1.75 million. The loan was related to the agreement between the company and the West Virginia Department of Economic Development that had been entered into on June 1, 2023.

Halberd Corporation (OTC:HALB)The company was in prime focus for investors yesterday and saw its stock rally by 22% as 3 million shares were traded. That proved to be four times the average 30-day trading volume in Halberd Corporation stock. On September 6, the company announced that research from Mississippi State University related to the early testing of the company’s traumatic brain injury-mitigating nasal spray had displayed a significant reduction in two major markers.
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