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Verb Technology (NASDAQ:VERB) stock is climbing higher as the company welcomes 100 new brands to its MARKET.live livestream social shopping platform.
This move underlines the strength of MARKET.live and boosts investor confidence in the company’s potential for broader market expansion.
Rory Cutaia, CEO of Verb Technology, expressed enthusiasm for the expansion, stating, “VERB’s MARKET.live remains committed to providing the extraordinary and diverse shopping landscape that empowers leading brands, retailers, and creators to engage their shopping audiences on multiple social media networks, including TikTok, Facebook, and Instagram, among others.”
Building on a recent deal with Meta Platforms (NASDAQ:META), the parent company of Facebook and Instagram, VERB’s stock surged higher last Friday. This strategic partnership enables seamless shopping experiences within the Facebook and Instagram apps.
Analyzing VERB’s Recent Stock Movement
VERB stock is experiencing robust trading activity today, with over 154 million shares changing hands, significantly surpassing its average daily trading volume of about 10 million shares.
The stock is up by an impressive 41% this morning, extending the gains from Friday and culminating in a remarkable 264.8% rise since the beginning of the year.
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Unveiling More Stock Market News for Today
On the date of publication, William White had no direct or indirect positions in the securities mentioned in this article. The opinions expressed are those of the writer, as per the InvestorPlace.com Publishing Guidelines.