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via finance.yahoo.comBusiness & Companies

Duos Technologies stock rises 3% on 20 MW colocation deal

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Duos Technologies Group (NASDAQ:DUOT) shares rose 3% in after-hours trading Tuesday following the announcement of a 10-year colocation agreement and land expansion plans for its data center operations. Still guessing which stocks will beat the market? Our AI…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA multi-year contract of significant value can support the stock of a small technology company.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The company signed a 10-year, 20 MW colocation agreement with a US cloud services provider.
  2. 02Total contract value exceeds $400 million over the initial term.
  3. 03Duos is also negotiating about 100 MW of additional data center-zoned land.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Duos Technologies Group, Inc.DUOTStock5.80 USDMarket closedtoday +5.84%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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