Why Did Locafy Stock Soar 11.64%?

On July 18, 2025, Locafy's stock price surged by 11.64% in pre-market trading, marking a significant increase that has caught the attention of investors and analysts alike.

Locafy has experienced a series of positive market activities in recent trading sessions. The company's stock price has shown a consistent upward trend, with notable gains observed in both regular and after-hours trading. This bullish momentum is supported by various technical indicators, including bullish signals on the 15-minute chart with KDJ Golden Cross and Marubozu patterns.

One of the key drivers behind Locafy's recent performance is its strategic partnership in the U.S. market. This partnership has not only boosted investor confidence but also contributed to a substantial surge in the company's stock price, with shares soaring by more than 200% following the announcement. This strategic move is expected to further enhance Locafy's market position and drive future growth.