Stock Track | Ubiquiti Inc. Soars 12.61% in Pre-Market on Loss of Key Partner for Indonesia's New Capital Project

Stock Track

Feb 12, 2025

Ubiquiti Inc.'s stock soared 12.61% in pre-market trading on Wednesday, as investors reacted to the news of a key partner's departure from the Nusantara Capital Authority (OIKN), potentially impacting the company's involvement in Indonesia's new capital city project.

The surge comes after Mohammed Ali Berawi, who served as the Deputy for Green and Digital Transformation at OIKN, resigned from his position. Berawi, a civil servant lecturer at the University of Indonesia (UI), was recalled by the university to resume his tertiary education duties.

Ubiquiti had previously secured a contract to provide IT infrastructure and networking solutions for the new capital city, in partnership with OIKN. Berawi's departure raises concerns about the potential impact on the collaboration, as he likely played a crucial role in facilitating the partnership between Ubiquiti and OIKN.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Easy breezy. No more feesies.","description":"Tiger Trade is a mobile trading app offering real time data, low commission fees and a free demo account. Download now to start investing in ETFs, options and the global share market.","keywords":"Tiger Brokers,U.S. stock trading,Hong Kong stock trading,trading U.S. stocks,stock information,stock prices,U.S. stock quotes,U.S. stock trading,Hong Kong stock trading,IPO trading,buying U.S. stocks,global investment","social":{"ogDescription":"Tiger Trade is a mobile trading app offering real time data, low commission fees and a free demo account. Download now to start investing in ETFs, options and the global share market.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1163881728"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"NZL","license":"TBKIWI","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1163881728\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1163881728?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-12 21:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1163881728","market":"us","top_or_hot":-1,"title":"Stock Track | Ubiquiti Inc. Soars 12.61% in Pre-Market on Loss of Key Partner for Indonesia's New Capital Project","media":"Stock Track","content":"<p>Ubiquiti Inc.'s stock soared 12.61% in pre-market trading on Wednesday, as investors reacted to the news of a key partner's departure from the Nusantara Capital Authority (OIKN), potentially impacting the company's involvement in Indonesia's new capital city project.</p>\n\n<p>The surge comes after Mohammed Ali Berawi, who served as the Deputy for Green and Digital Transformation at OIKN, resigned from his position. Berawi, a civil servant lecturer at the University of Indonesia (UI), was recalled by the university to resume his tertiary education duties.</p>\n\n<p>Ubiquiti had previously secured a contract to provide IT infrastructure and networking solutions for the new capital city, in partnership with OIKN. Berawi's departure raises concerns about the potential impact on the collaboration, as he likely played a crucial role in facilitating the partnership between Ubiquiti and OIKN.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Ubiquiti Inc. Soars 12.61% in Pre-Market on Loss of Key Partner for Indonesia's New Capital Project</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Ubiquiti Inc. Soars 12.61% in Pre-Market on Loss of Key Partner for Indonesia's New Capital Project\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-12 21:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Ubiquiti Inc.'s stock soared 12.61% in pre-market trading on Wednesday, as investors reacted to the news of a key partner's departure from the Nusantara Capital Authority (OIKN), potentially impacting the company's involvement in Indonesia's new capital city project.</p>\n\n<p>The surge comes after Mohammed Ali Berawi, who served as the Deputy for Green and Digital Transformation at OIKN, resigned from his position. Berawi, a civil servant lecturer at the University of Indonesia (UI), was recalled by the university to resume his tertiary education duties.</p>\n\n<p>Ubiquiti had previously secured a contract to provide IT infrastructure and networking solutions for the new capital city, in partnership with OIKN. Berawi's departure raises concerns about the potential impact on the collaboration, as he likely played a crucial role in facilitating the partnership between Ubiquiti and OIKN.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UI","symbol_name":"厄比奎蒂","start_time":0,"source_url":"","article_id":"1163881728","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1163881728","pubTimestamp":1739366547,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Ubiquiti Inc.'s stock soared 12.61% in pre-market trading on Wednesday, as investors reacted to the news of a key partner's departure from the Nusantara Capital Authority , potentially impacting the company's involvement in Indonesia's new capital city project.The surge comes after Mohammed Ali Berawi, who served as the Deputy for Green and Digital Transformation at OIKN, resigned from his position. Berawi, a civil servant lecturer at the University of Indonesia , was recalled by the university ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"UI":"厄比奎蒂"},"translate_title":"股票赛道Ubiquiti Inc.盘前飙升12.61%，因失去印度尼西亚新资本项目的关键合作伙伴","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UI":1},"content_text":"Ubiquiti Inc.'s stock soared 12.61% in pre-market trading on Wednesday, as investors reacted to the news of a key partner's departure from the Nusantara Capital Authority (OIKN), potentially impacting the company's involvement in Indonesia's new capital city project.\nThe surge comes after Mohammed Ali Berawi, who served as the Deputy for Green and Digital Transformation at OIKN, resigned from his position. Berawi, a civil servant lecturer at the University of Indonesia (UI), was recalled by the university to resume his tertiary education duties.\nUbiquiti had previously secured a contract to provide IT infrastructure and networking solutions for the new capital city, in partnership with OIKN. Berawi's departure raises concerns about the potential impact on the collaboration, as he likely played a crucial role in facilitating the partnership between Ubiquiti and OIKN.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}