Institutional investors, including BNP Paribas, actively acquired stakes in ideaForge Technology through significant bulk deals on Tuesday. Multiple entities purchased substantial share quantities within a narrow price band, signaling strong demand. This buying spree coincided with a 10% surge in the stock price, reflecting growing investor confidence in the drone technology firm.
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to