I have been studying what effect uplisting has on the stock price of individual stocks. My first article concluded that a profit exceeding 25% was available in 65% of stocks that had uplisted during 2015 but that profit evaporated within the first year after uplisting. Only 10% of these same stocks where trading higher than their price at uplisting within the 12 months after uplisting.
My second article on uplisting took a more detailed look and reinforced my previous findings. The majority of the uplisted stocks for 2017 had extraordinary gains in the six months