VNET Group (VNET) Soars 14.7%: Is Further Upside Left in the Stock?

VNET Group (VNET) shares soared 14.7% in the last trading session to close at $11.23. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 17.4% loss over the past four weeks.VNET Group benefits from rapid growth of Artificial Intelligence, strong demand from hyperscale cloud companies alongwith expansion of data center capacity, increasing demand for High-Density Computing and strong order pipeline.This provider of carrier-neutral in ...