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Strength Seen in GigaCloud Technology Inc. (GCT): Can Its 10.0% Jump Turn into More Strength?
GCTGigaCloud(GCT) Zacks Investment Research·2024-01-29 12:26

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-catal ...