Sangoma Technologies Corporation (SANG) Stock Jumps 5.4%: Will It Continue to Soar?
Sangoma Technologies (SANG) ZACKS·2024-08-08 22:56
Sangoma Technologies Corporation (SANG) shares rallied 5.4% in the last trading session to close at $5.15. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.4% gain over the past four weeks. Sangoma is capitalizing on the significant growth opportunity in the SMB market, which accounts for 44% of global IT spending. It invests more than $30 billion annually, to offer affordable enterprise-quality support. Thi ...