Tech Stock Pops At Open After Making Milestone Announcement

Tech Stock Pops At Open After Making Milestone Announcement

By: Dylan Sikes – News

Thursday, January 14, 2021

A small technology company announced this morning that it will be accepting pre-orders for the highly anticipated Skywell ET5 SUV. DSG Global Inc. (OTCQB:DSGT) announced that the vehicle will initially be available in two levels, the LV2 High Level Package with an estimated 323 miles per charge and the LV0 Deluxe Level package with an estimated 251 miles per charge using the NEDC (New European Driving Cycle) standard, according to the release.

DSG Global Inc. is a technology company that provides design, manufacture, and marketing of fleet management solutions for the golf industry, commercial, government, and military applications. The principal activities are sale and rental of GPS tracking devices and interfaces for golf vehicles and support activities. Its products developed by the company can be sold and installed in golf facilities and also for commercial applications. The products include TAG Golf which can be used to monitor the pace of play, security, geo-fencing, TAG Turf which is used for fleet management and security capabilities. Other products include TAG commercial and TAG military and government.

Traders seemed to be excited on the news as shares popped up to an early high of $1.01/share (+20.2%) following the open. This is a breath of fresh air for investors as the stocks great success over the last few months was experiencing a slight pullback since making a high of $1.52/share last month. 

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