Stock Alert: Sierra Wireless Jumps 12%

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(RTTNews) – Shares of Sierra Wireless, Inc. (SWIR) are currently rising over 12%. The IoT solutions company announced that President and CEO Kent Thexton plans to retire from his position. The company also sees revenues for fourth quarter 2020 and first quarter 2021 to beat Wall Street expectations.

SWIR is currently trading at $20.75, up $2.

Bastion Balance Seoul, Korea.