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Seeking Alpha 2021-03-17 19:29:49

Integrated Media Technology stock gains on NFT craze

Integrated Media Technology (IMTE) surged 86% with no apparent reason other than bullish sentiment on social media along with the companies connection potential connection to the non-fungible token craze.Integrated Media, which says it focuses on glass free 3D display technology, is being touted on outlets social media outlets such as StockTwits and other areas.IMTE short interest 3.39% of float.Other stocks soaring on the NFT craze include Takung Art Co. (TKAT), jumping 224% today, and Oriental Culture Holding (OCG), which has risen 86%.Earlier, Sotheby's enters the NFT art world with crypto options.Recall Feb. 1, Integrated Media Technology shares surges on launching IoT business unit through 70% stake in Shenzhen Koala.

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