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      What Led The YVR Stock To Increase In Premarket Trades? - Stocks Telegraph

      By ST Staff

      Published on

      July 15, 2021

      11:27 AM UTC

      What Led The YVR Stock To Increase In Premarket Trades? - Stocks Telegraph

      At last check in premarket trading, Liquid Media Group Ltd. (YVR) was up 4.43% at $1.65 on the charts today. Liquid Media shares fell by -2.29% on Wednesday, closing at $1.58. YVR shares were traded in volume of 0.69 million, which is lower than the average volume of 2.22 million over the last three months.

      The YVR stock fluctuated between $1.51 and $1.62 during the trading session. YVR’s earnings per share ratio were -0.43. The YVR stock has gained 3.95% in the past five sessions and has lost -18.97% in the past month. In the absence of current news, YVR stock is rising, so we can refer to recent developments for an in-depth analysis of YVR.

      How did YVR’s recent activities go?

      Liquid Media provides business solutions to independent intellectual property creators. Through YVR’s all-in-one platform, content creators (film/TV and video game) can create, package, finance, deliver, and monetize their content. IP creators are empowered by YVR’s solutions from ideation and creation to monetization and distribution.

      In a letter to shareholders, CEO Ronald Thomson addressed Liquid Media shareholders.

      YVR wrote in its letter that:

      • 2021 has started off extremely well for YVR.
      • The media and entertainment segments are continuing to evolve globally, and YVR sees tremendous opportunities for expanding its operations and supporting creators to thrive.
      • Since last year, more consumers have been seeking and consuming high-quality video content – everything from streaming shows, movies, and TV shows to video games with epic cinematic scenes.
      • There are entire libraries of television and film programming that they’ve watched, and they’ve logged countless hours of gaming time.
      • Audiences and experts believe that the rising demand for new TV, film, and gaming options is a result of this evolution in consumer behavior.
      • Thankfully, productions and shoots are up and running again in many parts of the world following a yearlong health crisis that affected the entertainment sector.
      • As independent producers are faced with new challenges, they require more business support than ever so they can focus on what they do best: telling stories.
      • Recalibration of YVR’s business strategy drives the company’s four-stage solution engine by leveraging its core assets, infrastructure, and talent.

      How has YVR been faring in recent months?

      In recent months, Liquid Media (YVR) has been working tirelessly on enhancing its strategic plan. YVR believes it will provide dramatic growth and long-term upside potential for our business, adding value to shareholders through a massively underserved market. In other words, YVR felt that the time for small steps was over and a significant move into the business world was needed, which it’s already beginning to do by acquiring iGEMS , Filmocracy, and iNDIEFLIX.

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