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Mobio Technologies plummets 10.0% on strong volume March 22, 2017 17:00 EDT

Mar 22, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Mobio Technologies Inc. (TSXV:MBO), Canada's 15th largest Entertainment company by market cap, has plummeted 1.0c (10.0%) from its last trading session of March 16 to close at 9.0c. Compared with the S&P/TSX 60 Index which rose 3.1 points (0.3%) in the day, the relative price change was -10.3%. The fall was exacerbated by strong volume of 3.4 times the average daily volume of 13,553 shares.

SECTION 1

MOBIO TECHNOLOGIES BEARISH SIGNALS

1.1 Fund...