AMBO: Ambow Education Shares Sink After Licensing Agreement Announcement

Ambow Education (AMBO, Financial) experienced a significant drop in its stock price, falling 18.91% to $3.26 in pre-market trading. This follows a previous surge of 226.83% in the last trading session.The company's stock movement comes on the heels of a new announcement. Ambow Education has signed a $1.3 million non-exclusive, annually renewable licensing agreement with Inspiring Futures Pte. LTD. This deal permits Inspiring Futures to produce and sell the HybriU AI UniBox, a comprehensive AI-driven plug-an ...