Why Is Everyone Talking About DatChat Stock?

DatChat (NASDAQ: DATS), which develops a privacy-oriented messaging app, went public at $4.15 per share (and one warrant for an additional share) on Aug. 12.

DatChat's stock dipped below its IPO price on the first day. But over the following two months, its share prices have more than quadrupled to over $15 a share and gave the company a market cap of nearly $259 million. Let's see why DatChat has attracted so much attention.

Image source: Getty Images.

Continue reading

Source Fool.com