Verb Technology Company (NASDAQ: VERB) stock surged 7% Tuesday in the early trading hours after adding 100 new brands to its livestream social shopping platform.
Verb Technology (VERB) has just announced the inclusion of an additional 100 retail brands to its MARKET.live livestream social shopping platform.
The development comes after VERB partnered with Meta Platforms (NASDAQ: META). The collaboration with Meta, the parent company of Facebook and Instagram, has allowed Verb Technology to integrate shopping functionalities directly into widely used social media platforms.
Rory Cutaia, CEO of Verb Technology, said the following about the expansion:
“We continue to gain momentum in the marketplace as we enter into exciting new partnerships and collaborations with market leaders, develop and deliver technological innovations, and refine our business model and service offerings.”
He added,
“VERB’s MARKET.live remains committed to providing the extraordinary and diverse shopping landscape that empowers leading brands, retailers, and creators to engage their shopping audiences on multiple social media networks, including TikTok, Facebook, and Instagram, among others.”
Verb Technology (NASDAQ: VERB) Stock Performance
VERB stock jumped 6.66% in the early trading Tuesday, after closing at $0.36 on Monday. The traders have exchanged hands with 16,665,479 (16.66 million) shares compared to the average daily trading volume of 14.02 million. The stock has a market capitalization of 11.04 million.
Edward Cooke is a financial analyst, freelance writer, and editor. He has six years of experience in financial journalism. He has an in-depth understanding of equities markets, tracking major indices and providing real-time analysis on stock price movements, corporate earnings, and market sentiment.
