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Why Integrated Media Tech's Stock is Trading Higher Today

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Why Integrated Media Tech's Stock is Trading Higher Today

Integrated Media Technology (NASDAQ: IMTE) shares are trading higher Monday after the company announced the launch of an IoT business unit through an agreement to acquire a 70% equity interest in Shenzhen Koala Wisdom Fire Engineering Co.

Integrated Media Technology Ltd is engaged in the development, sale, and distribution of autostereoscopic 3D display, 3D conversion equipment, and software, development, and sale of 3D autostereoscopic technology and provision of 3D consultancy services

Integrated Media Technology's stock was up 20.16% at $6.14. The stock has a 52-week high of $13.31 and a 52-week low of $2.60.

 

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