GigaCloud Technology Inc. GCT has been on a downward spiral lately, with significant selling pressure. The stock has dipped 36.6% against the 9% increase of the industry it belongs to and the 10.5 ...

GCT’s market-proven solutions have enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc ...

GCT’s system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors ...

Especially high volume was seen for the $25 strike call option expiring August 15, 2025, with 1,797 contracts trading so far today, representing approximately 179,700 underlying shares of GCT.

GCT Semiconductor, a fabless 4G/5G chip designer, went public in March, offering early entry into a potential semiconductor growth story with strong market opportunities in 5G tech.

As for what lies ahead, GCT stated that the total gross merchandise value (GMV) of transactions ordered through its GigaCloud Marketplace in the past twelve months was higher by 9.8% sequentially ...