Strong Finish To This Stock's First Month Of Trade

By: Dylan Sikes – AllPennyStocks.com News

Wednesday, July 31, 2024

An industrial company based out of Illinois found a tremendous amount of success on Wednesday after the company announced that it entered into a one-year agreement with automatic annual renewal s with a leading Asia-based e-commerce platform to provide cross-border fulfillment services.

Traders couldn’t get their hands on shares of Lakeside Holding Limited (Nasdaq:LSH) fast enough, pushing the price of this micro cap up to $4.34/share (+83.12%) at the session high. This is the first major catalyst since the company started trading on July 1st.

Lakeside is a U.S.-based integrated cross-border supply chain solution provider with a strategic focus on the Asian market including China and South Korea. The company primarily provide customized cross-border ocean freight solutions and airfreight solutions in the U.S. that specifically cater to the company’s customers requirements and needs in transporting goods into the U.S. Lakeside offers a wide variety of integrated services under our cross-border ocean freight solutions and cross-border airfreight solutions, including (i) cross-border freight consolidation and forwarding services, (ii) customs clearance services, (iii) warehousing and distribution services and (iv) U.S. domestic ground transportation services.

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