ZW Data Action Technologies Shares Gain Following Securities Sales

Dow Jones

01-22

By Connor Hart

Shares of ZW Data Action Technologies rose after the company disclosed two stock-purchase agreements that will raise a combined $500,000.

The stock rose 18% to $2.02 in after-hours trading Tuesday. Shares ended the regular session up 5.2% at $1.72, leaving them down 49% in the last year.

The Chinese company, which offers online advertising, precision marketing and data analytics services, said Eternity Star Development will purchase 119,100 shares of its common stock for $2.10 apiece.

Separately, Chaucer Investment & Consulting will purchase an additional 119,100 shares of its common stock, also for $2.10 each.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

January 21, 2025 18:08 ET (23:08 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Shares ended the regular session up 5.2% at $1.72, leaving them down 49% in the last year. \n\n\n  The Chinese company, which offers online advertising, precision marketing and data analytics services, said Eternity Star Development will purchase 119,100 shares of its common stock for $2.10 apiece. \n\n\n  Separately, Chaucer Investment & Consulting will purchase an additional 119,100 shares of its common stock, also for $2.10 each. \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 21, 2025 18:08 ET (23:08 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}