Why Verb Technology Stock Is Soaring

Verb Technology Company, Inc. VERB shares are trading higher after the completed and launched a technology integration and strategic relationship with global social media platform TikTok.

What To Know: The relationship will support Verb's livestream social shopping platform called MARKET.live, giving its hosts, vendors and creators access to TikTok's US users.

MARKET.live sellers will now be able to stream on TikTok simultaneously and customers can check-out directly on and through the TikTok app.

"The integration with TikTok Shop represents a pivotal moment in the evolution of MARKET.live, marrying the dynamic capabilities of MARKET.live with TikTok's visionary Shop feature and the enormously expansive reach of the TikTok platform," states VERB CEO Rory J. Cutaia.

Verb Technology surged over 170% Tuesday in response to news on high volume. According to data from Benzinga Pro, the stock experienced above-average trading volume of 73.35 million shares on Tuesday compared to its average volume of 58,499. Shares of the stock were halted and then resumed trading several times on Tuesday.

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VERB Price Action: Shares of VERB were up 118% at $1.56 at the time of publication, according to Benzinga Pro.

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