Why Is Datasea (DTSS) Stock Moving Today?

5G-focused communications specialist Datasea (NASDAQ:DTSS) just announced that one of its subsidiaries has entered into an agreement with Hangzhou Chongda Technology. The purpose of this deal is to increase sales of 5G multimodal communication services in China. Still, while DTSS stock enjoys the potential of a burgeoning 5G ecosystem, concerns run high regarding its viability.According to a press release, Guozhong Times — a subsidiary of an operating company controlled by Datasea — entered into a cooperati ...