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IT Firm CLPS Jumps on Deal With U.S. Digital Payments Platform
TheStreet
2/17/2021
© TheStreet
IT Firm CLPS Jumps on Deal With U.S. Digital Payments Platform
Shares of CLPS as much as quadrupled on Wednesday after the Hong Kong company said it agreed to provide IT services to a leading U.S. digital payment platform.
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CLPS in a statement didn t identify the customer or disclose terms of the deal.
Shares of CLPS at last check were trading at $15.13. Earlier on Wednesday the stock touched a 52-week high $19.78. The shares closed Tuesday s session at $4.90.
CLPS said its subsidiary in California had signed to provide a well-known U.S. digital payment platform with services including data analysis and payment risk management for its international business. ....

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