On 60 Million Shares Borqs Technologies (BRQS) Soars More Than 140%

A software and app developer Borqs Technologies (NASDAQ: BRQS) more than doubles after receiving massive orders for its mobile points of sale device in India. 2 hours needed for BRQS to surpass $2 line on increasing 60 million shares.

Chinese electronic device maker is dealing with Indian corporations despite political turmoil between China and India due to border tensions over the Himalayan region. Perhaps, the tension is cooling down and vigilant Indian citizens are not aware of this deal.

BRQS has a quite seriously negative EPS which makes many long term investors scroll down while looking at the list of gaining stocks. Perhaps, the current deal may lift the revenue so EPS becomes positive for a while.

Alex Krakowsky

Editor in Chief. Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life