GYST Stock Price Increased Over 155% Intraday: Why It Happened

By Amit Chowdhry ● Feb 26, 2021
  • The stock price of The Graystone Company, Inc. (OTC: GYST) increased by over 155% during intraday trading. This is why it happened.

The stock price of The Graystone Company, Inc. (OTC: GYST) increased by over 155% during intraday trading as it went from a previous close of $0.0179 to a day high of $0.0458. Investors are responding to The Graystone Company announcing that it has completed the reverse merger with NutraGyst.

Following the reverse merger, the company is now primarily focused on developing products for two planned product lines in (i) Fertility and (ii) Longevity and Wellness. And The Graystone Company intends to create products for these lines using original supplement blends formulated by the company based on an innovative and sustainable approach. And The Graystone Company intends to design and produce products with high-end quality ingredients that are plant based, Non-GMO, gluten and lactose-free. Plus it is planned that these products will be distributed by NutraGyst.

The Graystone Company is working to finalize the product formulas. And the company is also currently developing the packaging of these products for marketing and branding purposes. The Graystone Company estimates that they will launch their own initial product in July/August 2021.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.