IFBD - Beware this High-Flying Bird

2023-12-19 06:54:13 ET

DENVER, Colo., Dec 19, 2023 ( www.247marketnews.com )- Infobird Co., Ltd (NASDAQ: IFBD) reported, after yesterday’s market close, that it signed a new information technology system software development agreement, valued at US$1.8 million.

Infobird is trading at $2.81, up $1.455 (+107.38%), on 3.1M shares traded.

Its 52-week range is $1.2206 to $170.00. This is way up and has the feel of a classic foreign high-flying listing that trades well in the morning, but crashes after the short-lived run.

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