(24/7 MARKET NEWS) – Eightco Holdings Inc. (NASDAQ: OCTO) stated, this morning, that Forever 8, its subsidiary, renewed and expanded an Inventory Management Agreement (IMA) with Mobi-hub Ltd., a prominent electronics distributor that specializes in premium refurbishment of electronics, including mobile devices. The IMA will guide existing business activities for the upcoming year, as well as provide additional growth opportunities that stand to benefit both companies in the future.
Eightco is trading at $2.46, up $0.46 (+23.00%), on 495.3K premarket shares traded.
Its 52-week range is $ 1.6079 to $907.50. It’s already on pace to easily be the most heavily trading day of the month and could challenge some of April’s highs.
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