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Seeking Alpha 2021-09-29 19:03:49

Humbl stock still trades below $1 despite launch of tickets platform, NFT gallery

Humbl stock still trades below $1 despite launch of tickets platform, NFT gallery

Digital money network Humbl (OTCPK:HMBL -0.7%) shares rose substantially over the past year, but down on a M/M basis even after the company recently launched HUMBL NFT Gallery to create and buy and sell non-fungible tokens on the blockchain. Even more recently, the NFT-focused blockchain firm launched HUMBL Tickets, a platform that provides consumers with direct access to lower-cost, premium seating options across a variety of events. In addition, HUMBL takes on Peter Schulte, managing partner and co-founder of private equity firm CM Equity Partners, as an independent director at the board of directors. Almost all NFT-related stocks are down on the day - especially as bitcoin (BTC-USD -0.7%) lags on the day - including: Vinco Ventures (BBIG -2.9%), Liquid Media (YVR -0.6%), WISeKey International (WKEY -8.4%), Dolphin Entertainment (DLPN -0.9%), Hallf of Fame Resort and Entertainment (HOFV -2.2%) and Color Star Technology (CSCW -4.8%). Previously, (July 7) Humbl CEO retired $100M worth

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