Fusion Telecommunications Receives Two New Contract Awards

On November 30, Fusion Telecommunications (FSNN) announced that the company received two new contracts totaling $1.6 million. Fusion will use its advanced cloud voice and connectivity solutions to improve communications systems for a healthcare company as well as to a hospitality company. These new contracts mark the growth of Fusion’s services across the country in a variety of industries.

Sonal caught the news and issued an alert to its subscribers at 8:30 am. The next trade took place at $3.50 when the market opened for regular trading.

The stock price continued to rise throughout the day before closing at $3.73. That is a gain of 6.5% on the day of the event.

 

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