Why Is KIDZ AI Stock Gaining Tuesday?
KIDZ AI (NASDAQ: KIDZ) stock surges in premarket after announcing plans to expand buybacks and citing a strong net cash position.
KIDZ AI said it has lots of extra money and plans to buy back more of its own stock, which made people excited to trade it. When a company buys its own stock, it can be a sign the bosses think it's a good deal right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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