The Exxe Group, Inc. [OTCPINK: AXXA] stock was booming at its last close with a 23.45% surge to $0.0679. Volume of Exxe Group stock was 13,274,747 shares compared to 30-day average volume of 6,720,680. The AXXA stock value varies between $0.0065 and $0.179 in the last 52-week period. The AXXA stock price has no current news that might raise it, so what happened recently could be a better indication.
What happened recently?
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As a diversified corporation, Exxe Group focuses on agribusiness, financing, real estate, sustainable technology, and media. As a company, AXXA is geared towards acquisitions. AXXA’s business model is to acquire controlling stakes in undervalued companies and take an active role in improving their performance, increasing their growth rates through capital and management expertise.
The Exxe Group recently acquired a controlling interest in digital media platform, MarketMediaConnect. In the digital marketing space and within the advertising and design world, MMC specializes in Search Engine Optimization (SEO).
In addition, MMC brings a portfolio of high-quality digital assets into AXXA, as well as an independent client base. Various private, public, and crypto companies have implemented MMC’s digital advertising expertise.
Driving force for AXXA:
Exxe Group (AXXA) decided to acquire MMC because it would enable the company to activate brand recognition technologies around AXXA’s various asset classes. This includes increasing 1Myle’s brand profile as a trustworthy operator in Bitcoin and cryptocurrency exchange services by increasing its client acquisition target plan. AXXA can use its contacts to help MMC grow its client base in the European business-to-business and business-to-consumer markets and thereby bolster its revenues.