Silynxcom Stock Spikes 15% In February As Demand For Its Industry-Leading In-Ear Communications Equipment Steepens ($SYNX)
While financial sites show approximately 5.25 million O/S shares, the company sold only 1,437,500 shares during the January IPO, which included potential sales of over-allotted shares. In other words, once the post-IPO turbulence settles, the case for SYNX stock to rise on strengthening fundamentals, including the impact of revenue growth, is strong. Not only that, the sales momentum, high-demand product arsenal and fresh capital from the completed IPO could generate this result faster than many believe, which could close the gap between SYNX’s current share price and a more appropriate and a fair representation of its inherent value and inherent potential.
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