SurgePays Stock Falls and Uncertainty Looms Over ACP Funding

Wednesday, 13 March 2024, 11:05

Shares of SurgePays (SURG) tumbled by 14.88% in premarket trading following a Q4 performance below expectations. Despite a strong year of net income growth, the CEO's statement on the unpredictable ACP funding has raised concerns among investors.
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SurgePays Stock Falls and Uncertainty Looms Over ACP Funding

Summary:

Shares of telecom company SurgePays (SURG) plunged -14.88% in premarket trade after disappointing Q4 results, despite a record-breaking year of net income. The company's CEO has expressed uncertainty regarding the ACP funding, leading to apprehension among stakeholders.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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