Tuesday, 02 January 2024 12:17 GMT

Youxin Technology Stock Soared 68% Today Here's What Happened


(MENAFN- AsiaNet News)

Youxin Technology (YAAS) stock gained investor attention on Wednesday morning after the company signed a definitive agreement to acquire a controlling stake in Celnet Technology Co., a Chinese Salesforce partner.

Youxin is a China-based SaaS (Software as a Service) and PaaS (Platform as a Service) provider focused on digital transformation for retail businesses. The strategic move aims to expand Youxin's presence in enterprise customer relationship management (CRM) and boost its capabilities in artificial intelligence-powered solutions.

Youxin Technology's stock traded over 68% higher in Wednesday's premarket. On Stocktwits, retail sentiment around the stock remained in 'extremely bullish' territory amid 'extremely high' message volume levels. 

Get updates to this developing story directly on Stocktwits.

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