Sequans Communications shares rise 1.28% after-hours after announcing ADS ratio change.

Sequans Communications S.A. rose 1.28% in after-hours trading, following the announcement of an ADS ratio change. The company, based in Paris, develops and provides 5G and 4G chips and modules for massive, broadband, and IoT applications. This news is likely seen as positive by investors, as it may indicate potential changes in the company's stock structure or market strategy.