Unifi shares surge 12.75% intraday after Malaysia mobile network performance report highlights fastest download speeds.

Unifi Inc. (UFI) surged 12.75% intraday after reports highlighted its dominance in Malaysia’s mobile network experience. The company was noted as the only operator achieving "Good" performance in reliability and download speeds, with average download speeds 13% faster than U Mobile. This positive industry recognition likely boosted investor confidence in Unifi’s market position and operational efficiency, driving the sharp intraday rally. Other news, including a routine CFO share surrender and unrelated university events, were deemed irrelevant to the stock’s movement.