Why GigaCloud Technology Inc. (GCT) Outpaced the Stock Market Today

GigaCloud Technology Inc. (GCT) ended the recent trading session at $29.02, demonstrating a +1.61% change from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.23%. Elsewhere, the Dow saw an upswing of 0.34%, while the tech-heavy Nasdaq appreciated by 0.8%. Coming into today, shares of the company had lost 2.99% in the past month. In that same time, the Business Services sector lost 1.72%, while the S&P 500 gained 3.57%. The upcoming earnings release of GigaC ...