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U.S. Energy Initiatives Corporation Inc. (OTC: USEI) shares closed up nearly 590 percent on Monday with over 400 million shares traded. The stock was one of the biggest winners in the OTC market. The company announced that it has decided to enter the Medical Marijuana and Hemp industries to capitalize on opportunities and relationships it has in the sector. The Company has already begun forming a subsidiary called USEI Cannabis Initiatives Corp.
Get more information on U.S. Energy Initiatives Corporation Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/USEI
Zynga, Inc. (NASDAQ: ZNGA) shares closed up a modest 2.05 percent on Monday with about 75 million shares traded. The stock hit a new 52-week high of $4.58 during intra-day trading and was one of the most active stocks on the NASDAQ. Bank of America downgraded Zynga to "underperform" based on valuation and set a $3.80 target price. Zynga recently acquired NaturalMotion, a U.K.-based games and technology company.
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AT&T, Inc. (NYSE: T) shares closed down 4.11 percent on Monday with about 68 million shares traded. The stock was one of the biggest decliners in the NYSE and hit a new 52-week low of $31.90 during intra-day trading. The company recently slashed pricing on family share plans. A family of four could now get unlimited talk and text and share 10 gigabytes of data for $160 a month.
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Growlife, Inc. (OTCBB: PHOT) shares closed up 10.68 percent on Monday with about 63 million shares traded. The stock was one of the biggest gainers in the OTCBB market. The company announced on January 31st that Organic Growth International, LLC ("OGI"), its joint venture with CANX USA, LLC, has entered into an agreement to purchase a 40% equity stake in RXNB Inc. ("RXNB"), to sell and distribute RXNB proprietary technologies globally, and share profits related to technology licensing, subject to the approval of the GrowLife Board of Directors. GrowLife currently has a 45% ownership interest in OGI, with conditions under which it can gain majority interest.
Get more information on Growlife, Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/PHOT
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