Ray J is already seeing the benefit of selling his Scoot-E-Bike brand. The stock for his venture soare 300% in about two days.

Last week the reality star sold the company to Canadian company LOOPShare for seven figures, and will serve as a consultant for the growth of the business.

LOOPShare stock opened at $.05 Wednesday and closed at $.16 Friday. That’s a serious cash out for Ray J.

LOOPShare and Scoot-E-Bike are competing with ride share giants like, Bird Scooters, to provide their customers with three types of scooters for their commutes.

Ray has reportedly turned down a number of TV gigs to focus on his business.

Looks like things are going up for him as a businessman.

The post Stocks for Ray J’s Scoot-E-Bike Goes Up 300% in Two Days appeared first on The Source.

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