24/7 Market News Snapshot 25 April, 2025 – Mangoceuticals, Inc. Common Stock (NASDAQ:MGRX)

April 25, 2025

DENVER, Colo., 25 April, 2025 (www.247marketnews.com) – (NASDAQ:MGRX) are discussed in this article.
Mangoceuticals, Inc. (MGRX) has experienced considerable volatility in its stock performance, opening at $1.82 and currently trading at $1.625, representing a decline of approximately 22.62% from the previous closing price of $2.10. This notable downturn has been accompanied by a trading volume of 3.18 million shares, indicating increased investor activity and heightened market interest. The breach of critical support levels suggests a prevailing bearish sentiment, prompting investors to closely monitor both the Relative Strength Index (RSI) and volume trends for possible reversal signals.

In addition to its stock performance, Mangoceuticals is making strides in the health and wellness sector through its acquisition of intellectual property, assets, and technology from Smokeless Technology Corp. This strategic maneuver, facilitated by ArcStone Securities and Investments Corp., enables the company to enter the burgeoning oral stimulant pouch market. With innovative product offerings aimed at athletes, fitness aficionados, and younger consumers seeking healthier alternatives, Mangoceuticals is well-positioned to capitalize on the rapid growth within the consumer packaged goods sector.

The appointment of Tim Corkum, an industry veteran with over 22 years of experience at notable firms like Philip Morris International and JUUL Labs Canada, to lead the newly established Pouch Division represents a significant strategic asset. Corkum’s expertise will be critical in advancing the company’s product development and commercialization efforts.

Corkum noted that the pouch format marks the future of wellness delivery, aligning with Mangoceuticals’ vision of providing convenient and clinically informed wellness solutions. CEO Jacob Cohen emphasized the transformative potential of this acquisition, asserting the company’s commitment to innovating accessible wellness products, thereby attracting interest from both consumers and investors in this dynamic market.

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