Stock Alert: ZW Data Action Technologies Gains 24%

By RTTNews Staff Writer   ✉   | Published:

Shares of ZW Data Action Technologies Inc. (CNET) are rising more than 27% Thursday morning after it is selected as a key agent for merchant advertising in 2021 by Chinese internet security company, 360 Security Technology Inc.

ZW Data has been maintaining a long-term cooperative relationship with 360 Company in various fields. Through this key agent arrangement, the companies plan to extend their relationship to in-depth and close cooperation for precision merchant advertising on digitized platform. It is also expected to provide more secured data-driven and digital monitoring solutions to the merchant clients.

The companies expect that the cooperation will create a potential affiliate income of $5 million for 2021.

CNET, currently at $2.85, has been trading in the range of $0.54- $4.75.

For comments and feedback contact: editorial@rttnews.com

Business News

Previous Story
Next Story
Editors Pick
US' NHTSA Asks Tesla To Recall 158000 Vehicles
The National Highway Traffic Safety Administration or NHTSA has asked electric car maker Tesla Inc. to recall about 158,000 of its Model S and Model X vehicles for possible safety-related defects due to incidents of media control unit or MCU failures. The display control failures can lead to the loss of ability to use rear-view cameras and other safety-related vehicle functions.
Restaurant Trends In 2021
Consumers are looking for more tried-and-true than new items in the menu at restaurants in 2021, according to the 2021 Restaurant Trends Report by the National Restaurant Association or NRA. A survey of 6,000 restaurant operators and 1,000 customers show that top Food and Menu Trends in restaurants included changes such as off-premises dining taking precedence.
Travelers To U.S Required To Show Evidence Of Negative COVID-19 Test: American Airlines
American Airlines Inc. said it will support the implementation by the U.S. authorities of a global program to require COVID-19 testing for passengers traveling to the United States. Beginning January 26, the U.S. government will require all passengers two years of age and older traveling to the country from any international location to test negative for COVID-19...