It’s Friday, and British Columbia-based BIG Blockchain Intelligence Group (OTC:BBKCF) ended the last day of trading in the green, allowing the company to go into the weekend with a smile. What happened, though? Is there a reason that the BIGG stock shot up today? Well, let’s see what we can find out.
The BIGG Stock | May 25, 2018.
According to Google Finance, at 3:57 p.m. EDT, BIG Blockchain Intelligence Group was trading at $0.32. This puts the stock up 8.33%.
BIG Blockchain Intelligence Group News | May 25, 2018
For those who don’t know, BIG Blockchain Intelligence Group is a Vancouver, Canada-based company. It is known primarily for developing various crypto agnostic search solutions, all of which are developed for law enforcement and government agencies as well as retail companies.
This week, BIG Blockchain Intelligence Group has been pretty vocal, and the company even made a big announcement on Thursday. It’s likely this is why the stock ended Friday’s trading day in the green zone.
On Thursday, BIG Blockchain Intelligence Group announced that it will be participating in UBC’s “Future of Blockchain” conference. Not only that, but BIG will be a Platinum Sponsor. The event is a big deal, bringing together various innovators at one of Canada’s most prestigious post-secondary institutions. CEO Lance Morginn released a statement in which he said that BIG is very proud to sponsor the event. Morginn added that BIG is glad to be bringing both students and businesses together to discuss blockchain technology. The conference is scheduled for today, so that may have played into the direction the stock took during the session.
The Takeaway
It will be interesting to see the direction the BIGG stock takes on Monday. Why? Because that will be when the public really starts to hear about how the conference went, and if something went terribly wrong, it may affect the stock next week and vice versa.
Featured Image: Twitter
