Yesterday, the U308 Corp (OTCMKTS:UWEFF) stock continued on the upwards move that had started some days back and kicked off the trading week with gains of as much as 48%.
The handsome gains recorded by the U308 stock yesterday took its gains for the past week to a staggering 180%. The gains delivered by the stock are almost certainly going to bring it into sharp focus amongst investors today. However, it should be noted that there has been no news about the company over the course of the past week.
The last important news about the company emerged back on August 10 when U308 announced that all the resolutions that had been put forward to its shareholders at the Annual General Meeting on August 9, had been approved.
The meeting had been held at Toronto. That was a significant development for the company and something that must have been noticed by investors as well. However, at the same time, it is also necessary to note that it is unlikely that the rally over the course of the past week might not have been related to the events of the Annual General Meeting. Hence, it might be useful to keep an eye on any news about U308 over the coming days.