Ucloudlink (UCL) drops 10.96% to Close at $6.50 on September 14

Equities Staff  |

Ucloudlink Group Inc - ADR (NASDAQ: UCL) shares dropped 10.96%, or $0.8 per share, to close Tuesday at $6.50. After opening the day at $7.19, shares of Ucloudlink fluctuated between $7.41 and $6.50. 101,786 shares traded hands a decrease from their 30 day average of 104,638. Tuesday's activity brought Ucloudlink’s market cap to $104,547,456.

About Ucloudlink Group Inc - ADR

uCloudlink is the world's first and leading mobile data traffic sharing marketplace, pioneering the sharing economy business model for the telecommunications industry. The Company's products and services deliver unique value propositions to mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs) and mobile network operators (MNOs). Leveraging its innovative cloud SIM technology and architecture, the Company has redefined the mobile data connectivity experience by allowing users to gain access to mobile data traffic allowance shared by network operators on its marketplace, while providing reliable connectivity, high speeds and competitive pricing.

Visit Ucloudlink Group Inc - ADR’s profile for more information.

About The Nasdaq Stock Market

The Nasdaq Stock Market is a global leader in trading data and services, and equities and options listing. Nasdaq is the world's leading exchange for options volume and is home to the five largest US companies - Apple, Microsoft, Amazon, Alphabet and Facebook.

To get more information on Ucloudlink Group Inc - ADR and to follow the company’s latest updates, you can visit the company’s profile page here: Ucloudlink Group Inc - ADR’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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