Verb Technology Company (NASDAQ: VERB) stock was up by 141% in the past month. The company recently released two hot news, which directly pushed its stock price to new high this year. So, should you buy it now?
VERB Technology is a developer in interactive video-based customer relationship management sales and marketing applications. On July 13, the company announced the general commercial release of verbMAIL. The product was jointly developed by the company and Microsoft’s Global Partner Solutions’ U.S. Technical Team, and is now available by subscription through Microsoft’s AppSource Store to the one billion enterprise and individual Microsoft Outlook users worldwide.
In addition, Verb also announced recently that it has partnered with Shop.com to create SHOP LIVE. This is a customized and interactive streaming channel dedicated to allowing individual franchise owners the opportunity to sell current products. Although it will take some time for this platform to be operational and profitable, it still aroused strong interest from investors.
VERB Technology will benefit from these moves in the future. Anyway, these are important catalysts that driving its stock price up. With all of this in mind, investors should track the stock closely.
Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.