Micro Cap Extends Momentum From Yesterday’s Rally

By: Dylan Sikes – AllPennyStocks.com News

Wednesday, June 18, 2025

A micro cap in the insurance and real estate space is turning heads on Wednesday after the stock found a massive amount of success early on. The big move came just a day after the company announced that it signed a letter of intent to sell its Fortman Insurance subsidiary for $5 million in cash.

Seeing that the total valuation of the company is under $10 million, it’s no wonder that traders rushed to get their hands on shares of Reliance Global Group Inc. (Nasdaq:RELI), pushing the micro cap up to $3.55/share (+63.59%) at the early session high. Be sure to keep an eye on this one!

Reliance Global Group, Inc. operates as a holding company with diversified interests in the insurance and real estate markets. The Company is focused on acquiring growing, cash flow positive insurance agencies. Within the real estate segment, the Company is involved in acquiring, owning, leasing, managing, and redeveloping multifamily residential properties throughout the U.S. for risk-adjusted returns.

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