Why Is Datasea (DTSS) Stock Up 962% Today?
Group 1 - Datasea reported a revenue of 131,459 in the same period last year [1] - The revenue growth is attributed to the expansion of the company's 5G multimodal communication business in China, with several significant service agreements signed [1] - The diluted earnings per share improved to -72 cents from -80 cents in the fiscal second quarter of 2023 [1] Group 2 - Datasea's stock experienced a massive rally, with shares up 961.7% as of Wednesday morning [2] - Over 67 million shares of Datasea stock were traded on Wednesday, compared to the daily average trading volume of approximately 69,000 shares [2]