Net Element, Inc. (NASDAQ: NETE) Shares Surge 250% after Launch of New Blockchain Unit
Net Element, Inc. shares registered an initial increase of over 300 percent after the announcement of a new blockchain unit The project will be executed in partnership with Bunker Capital Net Element’s move follows several similar announcements and the growth of the cryptocurrency market to over $600 billion in December 2017 Net Element, Inc. (NASDAQ: NETE) saw an increase in shares of over 300 percent on December 19, 2017, after the company announced the launch of a new blockchain-based business unit. Eventually, the initial increase slowed down, but company shares were still up around 254 percent at the time of…