Why is vrme stock rising
7/31/2025 07:11pm
The stock price of VRME (Verifyme) has experienced a significant increase from July 22 to July 28. The company's strategic partnership with UPS is a key driver of the surge in stock price.
1. **Strategic Partnership with UPS**: Verifyme's subsidiary, PeriShip Global, has entered into a UPS Digital Channel Program Agreement with United Parcel Service, Inc. and UPS Worldwide Forwarding, Inc. This agreement has a three-year term and is a significant development for the company's logistics operations.
2. **Market Reaction**: The market has reacted positively to this news, as it indicates a strategic move by Verifyme to expand its logistics capabilities and enter into a long-term partnership with a major player like UPS. This partnership is likely to boost the company's revenue and market position, which are positive signs for investors.
Overall, the market is likely reacting to the news of Verifyme's strategic partnership with UPS, which is seen as a positive development for the company's future prospects.
|code|Ticker|Name|Date|Percentage Change|market_code|
|---|---|---|---|---|---|
|VRME|VRME.O|Verifyme|20250725|1.6301|186|
|VRME|VRME.O|Verifyme|20250728|-3.7606|186|
|VRME|VRME.O|Verifyme|20250729|-1.9468|186|
|VRME|VRME.O|Verifyme|20250730|-1.9997|186|