Why reAlpha Tech (AIRE) Shares Are Skyrocketing

Zinger Key Points
  • reAlpha Tech shares are trading higher by 32% during Tuesday’s session.
  • The company announced the completion of its previously announced acquisition of Naamche.

reAlpha Tech Corp AIRE shares are trading higher by 29% to $1.11 during Tuesday's session after the company announced the completion of its previously announced acquisition of Naamche.

With this acquisition, reAlpha says the company has gained a team of 43 skilled AI engineers, developers, UX designers and creatives. reAlpha meanwhile notes Naamche’s expertise in AI, machine learning, and data engineering will enrich reAlpha’s product lineup, including its recently unveiled product, Claire, an AI platform for real estate buyers. 

CEO Giri Devanur sees this as a significant step in enhancing reAlpha’s AI-driven real estate solutions. Naamche’s CEO, Ramesh Pathak, also expressed enthusiasm about the collaboration, highlighting their shared goal of advancing innovation in the real estate sector.

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How To Buy AIRE Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in ReAlpha Tech Corp’s case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, AIRE has a 52-week high of $575.41 and a 52-week low of $0.53.

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