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Why Aurora Mobile Stock Skyrocketed Today


Shares Aurora Mobile (NASDAQ: JG) were rising today after an analyst initiated coverage of the company with an outperform rating.

The tech stock spiked by as much as 29% today and was up by 14% as of 1:37 p.m. EDT. 

Oppenheimer analyst Bo Pei started coverage of the company late yesterday and put an outperform rating on the stock with a $6 price target.  

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Source Fool.com

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