NasdaqGM:GCT
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GigaCloud Technology (NasdaqGM:GCT) Expands Equity Buyback Plan By US$16 Million

GigaCloud Technology (NasdaqGM:GCT) recently announced a $16 million increase in its equity buyback plan, extending the total to $62 million, while also partnering with Scott Living on its Branding-as-a-Service Program. This collaboration introduces Scott Living’s products to the GigaCloud B2B Marketplace. Despite these promising moves, GigaCloud's share price declined by 11% over the past month, which aligns with a broader market sell-off due to escalating global trade tensions, illustrated...