ICoreConnect shares are trading higher after the company announced it agreed to divest its managed service provider division.
Portfolio Pulse from Benzinga Newsdesk
ICoreConnect shares rose following the announcement of its decision to divest its managed service provider division.
October 02, 2024 | 11:54 am
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POSITIVE IMPACT
ICoreConnect's stock price increased after the company announced it will divest its managed service provider division, indicating a strategic shift.
The divestment announcement suggests a strategic refocus, which investors may perceive as a positive move, leading to a rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100