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All Penny News: Pocket Games Surges over 100% After Announcing Strategic Acquisition


Mississauga, ON -- (SBWIRE) -- 04/25/2016 -- Media, Inc. ( announces its latest article titled "Pocket Games Surges Over 100% After Announcing Strategic Acquisition."

Companies mentioned in this article include Pocket Games Inc. (OTCPK:PKGM).

Article Excerpt:

Equity markets have kicked off the week on a disappointing note, with all three major indexes in the U.S. falling sharply. U.S. markets are tracking losses seen in Asia and Europe earlier today.

In the U.S., investors are cautious as several S&P 500 companies are scheduled to release earnings this week. Expectations ahead of the earnings season have been quite low so any positive surprises could boost stocks. Investors are also focusing on the developments in the oil market. After major producers failed to reach an agreement on freezing production last week, there is not much hope for a deal anytime soon. However, Saudi Arabia, a major oil producer, will be watched closely today as it is set to announce a plan that would enable it to reduce its reliance on oil.

While markets are struggling, there are some big movers. One major mover on the OTC market today is Pocket Games Inc. (OTCPK:PKGM). Based in Far Rockaway, New York, Pocket Games is engaged in the development and distribution of mobile sports games. The company holds interests in Idol Hands, a personal computer (PC) game. Its subsidiary, GodSpeed Games Ltd., provides quality assurance and testing services across various platforms.

The full version of this article can be found at:

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