Software application firm BSQUARE Corporation (NASDAQ:BSQR) has seen its stock go on a remarkable run this morning despite there being no news. The stock has jumped by 90% today at the time of writing and in light of such massive gains; it might be a good move for investors to take a closer look at the company.
The company is primarily involved in providing software applications and software centric solutions to its clients. While analysing the Square Corporation stock, it is also necessary for investors to keep in mind that the stock is not only listed in the United States, but also in Asia and Europe.
One of the more important things that investors need to be aware of is the fact that the company’s main thrust is towards providing solutions that help its clients in connecting devices spread across its operations and manufacturing processes. It is one of the core businesses of Square Corporation and has placed the company in a space that could lead to considerable growth in the future.
Last but certainly not the least, it is also necessary to note that Square is also involved in the cloud enablement industry and that is another business that has considerable potential for growth.
Market Reaction:
As of 12:06, BSQR stock soared 92% to $5.02 with more than 88.39 million shares, compared to its average volume of 431K shares. The stock has moved within a range of $3.8800 – 5.5200after opening the trade at $4.16. Over the past 52-week, the stock has been trading within a range of $1.1000 – 11.8300.
 Stock Rockets 90%: Here is Why){kind=link}