Moving iMage (NYSMKT:MITQ) stock is taking off on Friday as investors react to a new strategic partnership with SNDBX.
So what’s this mean for MITQ stock? The company and its shares are set to benefit from SNDBX holding eSports events at its theaters. This will bring in local gamers to compete on the 35-foot projector screens.
According to Moving iMage, this partnership is a win-win for both companies.
The post Why Is Moving iMage (MITQ) Stock Up 20% Today? originally appeared at InvestorPlace.