Home Financial Markets Penny Stocks What Caused The Sino United Worldwide (SUIC) Stock To Drop 50%?

What Caused The Sino United Worldwide (SUIC) Stock To Drop 50%?

In the last session, the price of Sino United Worldwide Consolidated Ltd (OTCPink: SUIC) spiraled -50.82% to $5.4000. During the session, Sino United’s stock price fluctuated between $ 4.8000 and $ 12.480, with 941.37K shares moving hands. SUIC stock declined despite signing of an ad display agreement.

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What was the agreement?

In addition to research and development, Sino United Worldwide offers venture financing and investments in both the public and private sectors. SUIC’s diversified portfolio of technologies can be beneficial to current and future customers. SUIC will contribute to building technology-enabled businesses of the future as a pioneering publicly traded tech company.

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Sino United Worldwide has inked an agreement with Malaysian digital marketing giant ClickPro to do advertising through Google Display Network (GDN). In preparation for SUIC’s Fintech, AI, Global Supply Chain Finance, and Defi projects, the SUIC-ClickPro team has begun work on digital marketing campaigns for these projects.

In addition to using mobile payments, big data, blockchain technology, the Internet of Things, and artificial intelligence, SUIC develops products and services based on these core technologies.

SUIC’s strategy:

As part of its mission, Sino United Worldwide (SUIC) works to improve and streamline existing processes, as well as develop new and exciting business models that will lead to revolutionary products and services. It will expose SUIC shareholders to a variety of advanced services that are applied in various sectors of the economy.

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