A small North Carolina-based basic materials firm announced this afternoon that it signed an agreement to sell its liquid and gel sanitizer lines on Stockd, an e-commerce market place.
Hydromer Inc. (OTC:HYDI) is set to sell its Hydromer® First Responder® and HydroProtect® products on the market place. Hydromer® will feature its sanitizer lines which include Hydromer® FirstResponder®, a hospital strong liquid formulation that is 80% v/v denatured ethyl alcohol that kills up to 99.9% of germs, including COVID-19, according to the press release.
Traders seemed to be thrilled with the news, as shares popped up to $1.35/share (+17.4%) following the announcement. This move is a potential first step for the stock to maybe breakout of the downtrend it has been experiencing over the last six months. The stock seemed to find support at its October low of $0.80/share yesterday on light volume.
