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Stock impact report

Akanda's Growth Engine Has Shifted Into Overdrive with New 20 Tower Deal (NASDAQ:AKAN) [Yahoo! Finance]

Akanda Corp. (AKAN) 
Company Research Source: Yahoo! Finance
Akanda Corp. (NASDAQ:AKAN) turned it into a headline. In this case, scarcity doesn't mean lack of resources. It means a low-float share structure - fewer than 730,000 shares O/S. With such a limited supply of stock available on the open market, every piece of news, every contract, and every new build hits the tape with force. That's the kind of scarcity that moves markets. And it did. On October 1st, Akanda shares spiked more than 100% intraday. For a company that spent much of 2024 flying under the radar, that kind of rally wasn't random. It was the mechanical outcome of a market with excessive demand and not enough supply. When a float is this tight, even modest buying pressure can create explosive moves. Behind that surge is First Towers & Fiber (FTF), Akanda's wholly owned infrastructure subsidiary. FTF isn't a startup chasing buzzwords. It's building telecom towers and laying dark fiber across Mexico - the real, physical backbone of digital connectivity. The company already c Show less Read more
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