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Benzinga
Benzinga
Business
Triveni Kothapalli

Why Is SuperCom Stock Soaring Monday?

SPCB Germany
Baupost trims portfolio positions

SuperCom Ltd (NASDAQ:SPCB) stock rose Monday after the company said it had secured a national electronic monitoring contract in Germany.

Under the terms, the company will roll out its PureSecurity Electronic Monitoring suite to support public safety programs, including domestic violence monitoring, GPS tracking of offenders, home detention, and alcohol monitoring.

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