Strength Seen in GigaCloud Technology Inc. (GCT): Can Its 10.0% Jump Turn into More Strength?
GCTGigaCloud(GCT) Zacks Investment Research·2024-01-29 20:26

GigaCloud Technology Inc. (GCT) shares rallied 10% in the last trading session to close at $25.62. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 29.4% gain over the past four weeks. The surge in price can be attributed to the positive expectation of the investors post the acquisition of Wondersign by GigaCloud, which enhances its B2B e-commerce solutions by integrating cloud-based digital signage and e-cata ...