RCM Technologies Extends Rally on High Optimism: Up 150% This Year

The RCM Technologies Inc (NASDAQ: RCMT) stock has emerged as one of the major gainers so far this year and this morning it has continued in the same vein. The RCM stock has soared by as much as 16% this morning so far to take its gains for the year to an impressive 150%.

RCM Technologies Extends Rally on High Optimism: Up 150% This Year

That being said, it is also necessary to point out that there has been no news regarding the company that could have triggered such a rally. However, there is speculation among investors that RCM might be on the verge of making an announcement imminently.

While the exact nature of the announcement remains a mystery, there has been considerable buzz on social media platforms with regards to RCM. Some of the posts have indicated that there has been significant insider buying of the company’s stock and such a course of action usually means that the management is bullish about the business. Hence, it might be a good move for investors to keep an eye on the news wires with regards to RCM.

Emile Ortega

Editor and Computer ExpertA hardcore tech enthusiast and computer expert Uson Abdilazhanov who holds a degree in communications started writing in his personal blogs since 2012. That time he was interested in the technical part of the computer. But now the software aspect plays an important role in his career. Currently, he runs a PC building and repairing shop which helps a lot of designers and gamers who always like to try new things.