Shares of Subaye Inc SBAY have soared after the company announced an increase in its paying online video advertising customers.
SBAY’s shares moved up a 20.05% to settle around $10.84 at 1:02 pm EDT. SBAY’s paying online video advertising customers have risen by 112% so far this year and have increased 56% sequentially in the third quarter.
Subaye’s shares have risen by 0.33% over the previous week, while they have fallen 53.22% so far this year.
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