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What's Going On With MGO Global Stock Wednesday?
MGO Global Inc. (NASDAQ:MGOL) shares are skyrocketing on Wednesday.
Yesterday, the company said that its first quarter total revenues climbed 1385% to $670,264, up from $45,147 year-over-year.
The real reason behind the magnificent revenue growth was that the company did not launch sales of its Stand Flagpole line of products until mid-March 2023. This also resulted in a whopping 1725% increase in gross profit to ...