A Las Vegas-based micro cap turned heads on Wednesday after the company announced a partnership with SihpBob, a leading global fulfillment platform for small and medium-sized ecommerce businesses. Following the press release, shares of Nitches Inc. (OTCPK:NICH) rallied as we headed toward the close.
Nitches is a high-end clothing and accessories company that specializes in creating limited-edition athleisure and streetwear apparel that are sustainable, authentic and exclusive. The company collaborates with fashion-forward influencers and celebrities to create capsule collections that reflect their vision and brand. The company developed innovative technology to protect our intellectual property and prevent counterfeiting.
Traders were bullish on the news as shares reached up to $0.329/share (+27.03%) at the session high. This move is a strong continuation of the success this stock has had over the last month.