SurgePays (SURG) Stock Surges 60% After Hours: Why is it Moving?
SurgePays Shares surged 59.76% after hours following the launch of Redline Wireless Group to expand prepaid wireless distribution.
SurgePays started a new business called Redline Wireless that will sell prepaid phone plans to more customers. When companies grow their business in new ways, people get excited—but excitement today doesn't mean the business will definitely make money tomorrow.
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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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