Eightco Holdings (ORBS) saw its shares surge over 10% in pre-market trading on December 29, boosting its market capitalization to $329 million. The U.S.-listed company announced a $125 million stock buyback plan, which has been approved by its board. This strategic move is anticipated to bolster investor confidence and support the stock's value, contributing to the sharp rise in its share price as the year draws to a close.
Eightco Holdings (ORBS) Jumps 10% Pre-Market on $125M Buyback Plan
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