India, April 2 -- Innovation Beverage Group Limited (IBG) is trading at $1.1301, up 130.18 percent or $0.6447 during Wednesday's trading, after announcing a distribution agreement with Republic National Distribution Company.
The stock opened at $1.5097 and has ranged between $1.08 and $1.97 today, compared to a previous close of $0.4952 on the Nasdaq. Trading volume has surged to 178.46 million shares, far exceeding the average of 306,025. The stock's 52-week range stands between $0.4370 and $3.35.
The deal will expand the reach of IBG's Australian Bitters Company and BITTERTALES brands into six U.S. states, positioning the company for stronger market penetration.
IBG Chairman and Interim CEO Sahil Beri highlighted the company's success ...