One of the best ways of starting a trading week is perhaps first taking a look at the stocks that might have recorded impressive gains in the previous week. On that note, it might be a bit hard to ignore the rally in the ZW Data Action Technologies’ (CNET) stock.
The Chinese precision marketing company saw its stock rally strongly over the course of the last three trading sessions and soared by as big as 128%.
In such a situation, it could be a good idea to perhaps take a closer look at the company. The major reason behind the strong rally in the ZW Data stock is due to a deal that was signed by the company recently with Yujun Capital.
As per the provisions of the deal, the merchant clients of ZW Data are going to be provided with management services and online branding by Yujun Capital. It remains to be seen if the ZW Data stock can continue to add to its gains on Monday.