Clubhouse Media Group Inc. (OTCMKTS:CMGR) Stock Falls After Key Update

Influencer-based social media firm and digital talent management agency, Clubhouse Media Group, Inc. (OTCMKTS:CMGR) announced on May 4th, 2022, that model and artist Monique Nicole LeClair has joined, which is a new digital platform designed and owned by Clubhouse Media Group.

Market Reaction

On Wednesday, CMGR stock fell 16% to $0.0121 with 5.73 million shares, compared to its average volume of 1.40 million shares. The stock moved within a range of $0.0120 – 0.0199 after opening trade at $0.0144.

Clubhouse Media Group, Inc. Announces Model and Actress Monique Nicole LeClair Joins

Monique Nicole LeClair is an actress, model, TV host, artist, writer, and humanitarian. Her modeling career began when she was just 6 months old! She has starred in music videos with Wiz Khalifa and Christina Aguilera. A couple of movies are also in the pipeline this summer – Dark Alien Visions and Deranged. She is actively involved in Babes of Toyland and March of Dimes – two of her favorite charities.

Danche Prokopov, General Manager of, is elated with Monique coming on board. With her incredible appeal, he is confident that her inclusion will work wonders for the site. Thanks to a steady growth rate over the last few months, they can now recruit more creators like her. On her part, Monique feels she has found the ideal platform to express her creativity, while monetizing her content as well. focuses on the empowerment of creators. The site lets creators interact with fans and sell exclusive photo and video content.

Key Quote

“We are so excited to add Monique to the roster” said Danche Prokopov, General Manager of “Monique has an amazing look, and I’m sure she will do well on the site. Our growth over the past few months has allowed us to recruit more and more creators like this, with a large social media presence.”

Traders Review

CMGR stock is trading below the 20-Day and 50-Day Moving averages of $0.0178 and $0.0289 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.8558.


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