Red Violet (RDVT) Surges 6.3%: Is This an Indication of Further Gains?

Red Violet, Inc. (RDVT) shares rallied 6.3% in the last trading session to close at $50.96. 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 3.4% loss over the past four weeks.Red Violet is benefiting from strong customer demand across diversified verticals, increased adoption by medium and large enterprise customers, and investments in proprietary data generation, automation, and AI-driven risk solutions.This ...