A San Diego-based tech firm just announced the unveiling of its subsidiary’s first QuikLAB™ comprehensive COVID testing system in the region around Fremont, CA to help out the community. TPT Global Tech Inc. (OTCQB:TPTW) saw its shares soar following the announcement.
TPT Global Tech Inc. is a US-based holding company engaged in operating Telecom, Banking Media and E-Cloud/Data businesses. It principally engages in the business of distribution of cell phones and telecommunications equipment. The revenues are generated by operating as a Competitive Local Exchange Carrier (CLEC) in Arizona and through the distribution telecommunications products.
Traders were bullish on the news as shares popped up to a session high of $0.0473/share (+15.36%). This move is a breath of fresh air for shareholders that have been handing on during the pullback the stock has been experiencing for the last few weeks.