Tucows' batch in on fire - Shares up over 50% since May 1.
If you bought shares of Tucows at the opening price on May 1, just a month ago, you’ve already realized a return of a whopping 57%.
Shares in Tucows are on fire on the NASDAQ, where it trades under the ticker TCX.
It’s not entirely clear what’s behind the surge. The company reported earnings on May 7, but the stock didn’t start to surge until a week later. Here are some possible reasons behind the price pop:
1. Share buybacks. Tucows is buying back up to $20 ... read more ...