Why MultiMetaVerse Shares Are Skyrocketing Today
Portfolio Pulse from Lekha Gupta
MultiMetaVerse Holdings Ltd (NASDAQ:MMV) shares are soaring after the announcement of an agreement to acquire a 72.81% equity interest in Taomee. The acquisition will significantly boost MMV's IP portfolio through the addition of Taomee's three signature IP brands.
June 02, 2023 | 2:42 pm
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MMV shares are soaring after announcing the acquisition of a 72.81% equity interest in Taomee, which will significantly boost their IP portfolio.
The acquisition of a 72.81% equity interest in Taomee will significantly boost MMV's IP portfolio, adding three signature IP brands. This is expected to improve their earning base and bring good value to shareholders, which is why the stock price is soaring and likely to continue in the short term.
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