Why Luokung Technology Stock Soared Today
Shares of Luokung Technology (NASDAQ: LKCO) were climbing today as investors got a shot of hope that the company could stave off a delisting from the Nasdaq exchange, following an earlier order from the Department of Defense requiring a group of Chinese companies providing aid to the Chinese military to be delisted.
The stock was up 42.5% as of 10:47 a.m. EDT today on the news.
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Source Fool.com
