Why did the stock of Signature Devices Inc. (SDVI) rise 133% in one day?

On Monday, Signature Devices Inc (OTC Pink: SDVI) closed up 133.33 percent at $0.0014 and has traded in a range of $0.0006 to 0.0016 for the session. SDVI shares surged more than 250.00% across the board in the last month, with an average daily trading volume of over 239.89M shares. During the course of three months, SDVI gained over 1300.00% of its value while the average daily trading volume stood at 166.72M. It has experienced an increase of over 1300.00% in the last 12 months, reaching a high of $0.0016 bringing its market cap to the current level of $7.90M.

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Based in Sheridan, Wyoming, Signature Devices, Inc. is a holding company that develops Internet of Things products through its subsidiary Innovo Technologies, Inc. and leading CBD technology subsidiary Nano 101.

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