Home Top Movers Why Is The Stock of ZK International (ZKIN) Surging Today?

Why Is The Stock of ZK International (ZKIN) Surging Today?

During early trades, this morning, the ZK International Group Co., Ltd. (Nasdaq: ZKIN) stock has been rocketing. ZKIN stock was trading at $11.95 as of this writing, rising $3.18 with an increase of more than 366%. After the launch of a new NFT product by its subsidiary, the price of ZK International stock continued to rise in the past couple of sessions.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.  

What is ZK International’s subsidiary up to?

China-based ZK International designs, engineers, manufactures, supplies and distributes high-performance stainless steel and carbon steel pipe products, in addition to sophisticated pipeline systems used for water or gas supply systems. In addition to 28 patents, ZKIN also holds 21 trademarks, 10 National and Industry Standard Awards, and 2 Technical Achievement Awards.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

Read More

ZK International recently announced that its subsidiary and blockchain R&D lab, xSigma Corporation, will launch its newest Non-Fungible Tokens (NFT) project.

Prediction Models estimate that NFT will be an industry worth around $1,3 billion in 2021 and launching that new project will enable xSigma to be part of the that industry. With the platform created by the team at xSigma labs, users will be able to buy and sell NFTs, and make their own custom NFTs in just a few clicks.

In addition to the Ethereum and Polkadot blockchains, xSigma plans to utilize various other blockchain systems while attracting various artists and talents to its platform. Before, NBA Champion Dwight Howard endorsed the DeFi platform, and xSigma hopes to gather similar endorsements for its new NFT Platform.

Business Prospects:

With the launch of the NFT later in this year, the platform will be xSigma’s fourth product in its ecosystem of blockchain products. At the moment, the DeFi project at xSigma was successful in achieving $100M Valuation Locked in the first week after its launch in February.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.  

On the hand, the Chinese Government has committed $850 Billion on improving the water quality, which in its current supply state is 70% unfit for human contact. ZK International (ZKIN) intends to take advantage of this opportunity.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Amarin Corporation plc (NASDAQ: AMRN) stock plunged in the premarket trading session; here’s why

In the premarket trading session, Amarin Corporation plc (AMRN) stock had plunged by -4.56% to $4.4. AMRN stock closed previous session at $4.61 gaining...

Why Second Sight Medical Products, Inc. (EYES) stock is Popping High today?

Second Sight Medical Products, Inc. (EYES) stock announced two-year results of its Orion Study after which the EYES stock price happened to be green...

Luokung Technology Corp. (LKCO) Stock Undergoes Volatility as Appeal Over CCMC Designation is Underway

Luokung Technology Corp. (LKCO) stock prices were down by 6.40% as of the market closing on May 11th, 2021, bringing the price per share...

Vista Gold Corp. (VGZ) Stock Inches Higher After Promising Q1 2021 Financial Reports

Vista Gold Corp. (VGZ) stock prices were up by an incremental 1.82% as of the market closing on May 11th, 2021, bringing the price...

Array Technologies, Inc. (ARRY) Stock Prices Stay Stable Despite Troubling Q1 2021 Financial Reports

Array Technologies, Inc. (ARRY) stock prices were up by a marginal 0.28% as of the market closing on May 11th, 2021, bringing the price...

Lucira Health Inc. (NASDAQ:LHDX) stock rallied today in the current trading session; here’s why

In the current trading session at last check, Lucira Health Inc. (LHDX) shares had surged by 15.32% to the price of $5.87. LHDX's stock...

PaySign, Inc. (PAYS) Stock Down Following Disclosure of Troubling Q1 2021 Financial Reports

PaySign, Inc. (PAYS) stock prices were down 15.0568% early in the trading day on May 12th, 2021, bringing the price per share down to...

Comstock Mining Inc. (NASDAQ:LODE) stock plunged in the current trading session; here’s why

In the current trading session at the last check, Comstock Mining Inc. (LODE) stock had plunged -3.25% to trade at $3.21. LODE stock previously...

Related News

Why Summit Wireless Technologies, Inc. (WISA) stock is Going high today?

Summit Wireless Technologies, Inc. (WISA) stock, a wireless sound technology company, provided an update for its first quarter ended March 31, 2021, today on...

Contextlogic Inc. (NASDAQ: WISH) stock rises during pre-market session. Let’s figure out why?

Contextlogic Inc. (NASDAQ: WISH) stock plunged by 0.84% at last close whereas the WISH stock price gains by 4.84% during pre-market session. WISH, which...

Biomerica Inc. (NASDAQ: BMRA) stock gains during pre-market. What’s driving it high?

Biomerica Inc. (NASDAQ: BMRA) stock declined by 17.23% at last close but later in pre-market session the BMRA stock soars by 13.78%. Biomerica is...

AgeX Therapeutics Inc. (NYSE:AGE) stock surged in the premarket trading session; here’s why

In the premarket trading session, at last check AGE stock surged by 7.2% to $1.34. AGE stock closed previous session at $1.25 losing -3.85%....

CuriosityStream Inc. (NASDAQ: CURI) stock fell during after-hour. Why is it so?

CuriosityStream Inc. (NASDAQ: CURI) stock declined by 3.37% at last close while the CURI stock continues to fall by 11.99% in the after-hour trading....

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.