GigaCloud Stock Takes A Breather After A Big Run Of More Than 200%
·1 min
One of the notable growth stocks, a technology company’s stock seems to be taking a break after a significant increase. The stock gained over 200% in just seven weeks. The company has achieved high ratings in key metrics, making it worth watching. After hitting a low in November, the stock soared following strong earnings. However, it has recently experienced a 6% decline. The company specializes in global business-to-business e-commerce and operates a marketplace for large parcel items. It has recently made acquisitions to enhance its offerings and growth.