EXCLUSIVE: Data Storage Bags Multi-Million Dollar Deal with Leading Sports & Entertainment Company
Portfolio Pulse from Anusuya Lahiri
Data Storage Corp (NASDAQ:DTST) has secured a multi-million dollar contract with a leading sports and entertainment company to provide cloud storage infrastructure. The solution will improve file response time, recovery, and storage capacity, supporting a critical aspect of the client's security infrastructure.
July 21, 2023 | 12:31 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Data Storage Corp's new contract could boost its revenues and reputation in the industry. However, the stock closed lower by 0.39% at $2.55 on the day of the announcement.
The multi-million dollar contract is a significant win for Data Storage Corp, potentially leading to increased revenues and a stronger market position. However, the stock's price decrease on the day of the announcement suggests that the market has not yet fully absorbed this positive news.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100