What's Going On With SuperCom Shares Monday?

Comments
Loading...
Zinger Key Points

SuperCom, Ltd. SPCB stock is trading higher on Monday after the company announced it secured new contracts with South Dakota Sheriff agencies.

The Details: These contracts will enable the integration of SuperCom’s PureOne technology, known for its real-time GPS tracking, strong communication capabilities and reliable performance in both urban and rural environments, into the South Dakota Sheriff departments.

This marks SuperCom’s first expansion into South Dakota, further strengthening its presence in the U.S. South Dakota is the fourth new state the company has entered since August 2024.

Ordan Trabelsi, President and CEO of SuperCom, said, “The growing adoption of our PureOne solution underscores its unique ability to meet the evolving needs of law enforcement. By delivering high-quality, innovative solutions, we continue to strengthen our position as a trusted partner in advancing public safety technology nationwide.”

See Also: Smart Money Is Betting Big In DXCM Options

SPCB Price Action: At the time of writing, SuperCom stock is trading 78.0% higher at $6.85, according to data from Benzinga Pro.

Image: Image via Shutterstock

SPCB Logo
SPCBSuperCom Ltd
$6.84-1.72%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
96.96
Growth
77.53
Quality
-
Value
44.74
Price Trend
Short
Medium
Long
Got Questions? Ask
Which law enforcement tech companies will benefit?
How could SuperCom's contracts impact its competitors?
Are there opportunities in public safety technology investments?
What trends in GPS tracking are emerging?
Could SuperCom expand into more states soon?
Which investors are showing interest in public safety solutions?
How might government budgets affect tech investments?
What are the implications for urban vs rural tech solutions?
Which tech stocks could be undervalued from this trend?
How does SuperCom's growth affect the overall market?
Market News and Data brought to you by Benzinga APIs

Posted In: