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LKCO - Why Luokung Technology Stock Popped on Thursday
Luokung Technology Corp
Luokung Technology (NASDAQ: LKCO) shareholders enjoyed strong returns as the stock jumped in early trading on Thursday. Shares had spiked more than 11% but settled down to a 9% increase by 10:45 EDT, according to data provided by S&P Global Market Intelligence .
The rally was powered by a strong preliminary earnings report that the company had issued earlier in the day.