RTTNews | Apr 26, 2021 12:17PM EDT

12:16 Monday, April 26, 2021 (RTTNews.com) - uCloudlink Group Inc, (UCL), a data traffic sharing company from Hong Kong, is down 9.78% or $1.30 on Monday. The drop has coincided with the report of the company signing a strategic partnership with Primary Bio. about mobile broadband services devices and data services in North America.

Primary, a company responsible for web application solutions related to the pandemic such as registration, scheduling of vaccination, sample tracking, and result delivery, will acquire GlocalMe and Cloud Sim technology to increase their efficiency. This will provide stable, seamless, and safe data connectivity under demanding and tough circumstances.

uCloudlink is trading at $12.00 per share after opening at the same value. The market closed at $13.29 on Friday. In a 52-week period, uCloudlink share prices have ranged from $8.56 to $24.77 on an average volume of 16.7 thousand outstanding shares.

Read the original article on RTTNews ( https://www.rttnews.com/3188086/stock-alert-ucloudlink-down-10-after-announcing-partnership-deal-with-primary.aspx)

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