Why GDS Holdings Stock Is Soaring Higher Today
Shares of GDS Holdings Limited (NASDAQ: GDS), a Chinese data center company, were spiking today as COVID-related protests have popped up across the country.
Chinese citizens are protesting China's strict zero-COVID policies, and some investors are optimistic that the pushback could eventually cause the Chinese government to back away from some of its coronavirus restrictions.
The tech stock was up by 15.8% as of 10:34 a.m. ET.
Source Fool.com
