Newly listed Alfi has hit the ground fast with some big news that pushed it up 100% for the day. These new listings are always tricky to play, so be cautious, but might be worth keeping an eye on it.
From the news release here on TV:
Alfi said its technology can help rideshare drivers earn extra income. The firm optimizes its network of digital tablets to deliver "powerful reach, dynamic visuals, and tailored message capability by age, gender, geography, demographics, brand behavior, and interests, all in real-time.
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The above chart I used a monthly candle, but you can see it was Jun 16th and the price was $6.97 so here it is back on a daily chart. Had a massive 200% + run before pulling back - but still up 100% from where we looked at it above. Nice move.