In recent days the Healthier Choices Management Corp (OTCMKTS:HCMC) stock has seen a lot of action owing to its rights offering and that has seen the trading volumes going to unprecedented levels.
As a result, the company sent out a press release yesterday with regards to crucial information about the rights issue for investors who might be participating in it through online trading platforms. The stock was in focus among investors on Monday and had managed to record gains of 3%.
There had been a lot of buzz around the stock after the “422RGT019” pop-up started appearing in the trading accounts of investors and speculation regarding the message had created frenzy in the stock. However, the company clarified yesterday that the code is related to the rights offering that is being conducted by Healthier Choices Management. The company noted that the message relates to 25% of the Healthier Choices shares owned by the account holders.