Why Inseego's Stock Is Trading Higher Today

Inseego Corp INSG shares are trading higher on Wednesday.

The company said it's ramping up production of its 4G and 5G MiFi mobile hotspots in response to a "record increase in demand" for secure home internet access.

See Also: Why Inseego Products Are In Demand During The Pandemic

Inseego Corp provides 5G and intelligent Internet of things (IoT) device-to-cloud solutions.

Inseego shares were trading up 11.56% at $6.95 in Wednesday’s pre-market session. The stock has a 52-week high of $9.75 and a 52-week low of $3.61.