Radcom (RDCM) Moves 6.4% Higher: Will This Strength Last?
Radcom(RDCM) ZACKS·2024-08-01 15:45
Radcom (RDCM) shares ended the last trading session 6.4% higher at $10.24. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.5% gain over the past four weeks. The increase in share price can attributed to the strength in demand for the company's AI-powered analytics solutions including the RADCOM ACE product line. Renewal of a multi-year deal with Rakuten Mobile along with an extension of the contract for RADCOM AC ...