CMGR - Clubhouse Media (CMGR) stock surges on case of mistaken identity
Clubhouse Media Group (CMGR) is surging over 80% on investor confusion as this ticker CMGR has no connection to the Clubhouse audio app that has been widely discussed today and in recent weeks.ClubHouse Media, formerly known as Tongi Healthcare Group, is in the social media branding marketspace, according to a profile of the company. Clubhouse Media has no connection to the Clubhouse app, the startup that is becoming popular for hosting online audio forms including a conversation with Tesla founder/CEO Elon Musk last night. The Clubhouse app CEO appeared on CNBC this morning.Recall Jan. 22, Clubhouse gets investment interest at $1b valuation, The Information says.One stock that appears to be benefitting the from the Clubhouse app today is Agora (API), which may have powered the livestreaming audio features for the app, according to CNBC, which cited a Reddit WallStreetBets post from las week. Agoria is up 27% today.Earlier, Agora raises $250M capital, shares up
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Clubhouse Media (CMGR) stock surges on case of mistaken identity