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Why is $CXNA up 252% ?

Why is $CXNA up 252% ?
Written by
Dawson Ignatieff
Dawson Ignatieff
Published on
February 7, 2024
Read time
3
 min read

Connexa Sports Technologies: Why are they up so big?

Connexa Sports Technologies ($CNXA) just took the market by the balls and surprised us all.

On Monday, this little-known gem skyrocketed, hitting a high of 92% on a whopping 70 million shares traded. That's not just a spike; that's a seismic event over 20 times its average volume...

But wait, there's more. After a cheeky little dip on Tuesday, Connexa wasn't done. It blasted off again, reaching 252% on a ridiculous 200 million shares this Wednesday. This ain't no S&P 500 BS; this is high-stakes, high-reward territory, with a volume 65 times its average. We're talking serious cash flow for a nano cap.

Big Money Moves

Think this is just a blip? Think again. This price action is the weight of some heavy hitters pouring in. Connexa's stock is now sitting pretty over 135% higher since Monday, doubling up from our initial call. Still skeptical? Wake up!

It's not just luck; it's strategy. Connexa's making waves with three new heavyweight investors stepping into the ring. CEO Mike Ballardie just dropped the news bomb: they've welcomed three new, non-US investors. This isn't just chump change; it's a game-changing $16.5 million investment, shooting them past Nasdaq’s minimum shareholder equity rule.

Connexa: The Tech Titan of Sports

But who exactly is Connexa Sports Technologies? They're not just playing the game; they're rewriting the rules. With a focus on sports technology, they're on a mission to reinvent the way we play and experience sports. This recent influx of capital? It's just the beginning.

That's all folks,

As usual not F.A. This was a sponsored article. Full disclaimer here - https://www.vhlamedia.com/terms-disclaimer


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