MYMMF - MYM Stock Falls After Further Stock Issuance What's Next?

After climbing almost 90% last Tuesday, July 2, MYM stock reached $0.53 CAD at its peak. By Friday, shares began correcting and dropped 23.5% to finish the day at $0.41 CAD per share. With the sudden movements, MYM Nutraceuticals (CSE:MYM) (OTCQB:MYMMF) caused a stir.

But it’s Monday again, and the market is open for another week, so can traders expect the downward trend to continue? It was looking so promising.

We still don’t know what caused shares to surge last week. What we can surmise, however, is why they began to ...