By Sam Boughedda
Investing.com — Creatd Inc (NASDAQ:CRTD) stock skyrocketed Friday after news that WHE Agency, a Creatd company, announced the signing of creator Alexis LaRue.
Creatd's stock price surged to a high of $9.75 on the news. It has since given up some of those initial gains but is still trading around the $7.33 mark, up over 151%.
LaRue, 22, quickly gained popularity on TikTok after she began sharing content on the social media site portraying life as a new mother to twin daughters.
She has amassed attention with her posts receiving tens of millions of views to date, have already accumulated nearly 800,000 followers across different platforms.
"Signing with WHE provides creators with the key resources and support they need to maximize visibility, accelerate traction and gain opportunities that are geared toward the long term," said Tracy Willis, CEO of WHE.
"I am confident that, by leveraging WHE's guidance and brand relationships, and Creatd's Vocal platform and operational resources, this relationship will be a fruitful one for the Mejia family, WHE, and Creatd," added Willis.