Stock Track | SYNAGISTICS Soars 6.65% on Potential Big Data Company Acquisition Plan

Stock Track

01-23

SYNAGISTICS stock surged 6.65% in Thursday's intraday trading, following the announcement of its plan to potentially acquire up to a 100% stake in a China-based big data and digital transformation platform company.

The Hong Kong-listed company disclosed its intention to carry out the potential acquisition, aiming to expand its presence in the rapidly growing big data and digital transformation market in China.

The proposed acquisition aligns with SYNAGISTICS' strategic goals and presents an opportunity to enhance its technological capabilities and service offerings. Investors welcomed the news, driving the stock price higher during the trading session.

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