Nixxy's Acquisition Spree Heats Up: Shoots For $1B Valuation
Portfolio Pulse from Lekha Gupta
Nixxy, Inc. (NASDAQ:NIXX) shares surged by 120% following updates on its acquisition strategy and a goal to reach a $1 billion valuation. The company is focusing on acquiring profitable businesses in traditional markets and enhancing operations with technology. Nixxy has signed a licensing agreement with GoLogiq for the Radix AI platform and is in advanced negotiations with seven acquisition targets.
October 17, 2024 | 2:58 pm
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Nixxy, Inc. shares rose 120% after announcing its acquisition strategy and a goal to reach a $1 billion valuation. The company is focusing on acquiring profitable businesses and enhancing operations with technology.
The significant share price increase of 120% indicates strong investor confidence in Nixxy's acquisition strategy and its potential to reach a $1 billion valuation. The company's focus on profitable businesses and technology enhancements is likely to drive future growth.
CONFIDENCE 95
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RELEVANCE 100