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Ribbon Stock Surges: Raadr's Fortytwo Deal Drives 2.51% Gain!
Friday, Jun 6, 2025 11:12 am ET1min read
Ribbon Communications Inc. rose 2.51% in intraday trading, with the company's strategic collaboration and accelerated merger discussions with Fortytwo, a global leader in enterprise-centric messaging technology, potentially driving investor optimism. Fortytwo, based in Malta, has a strong brand name in the messaging technology space and achieved unaudited revenues of approximately $27 million in 2024, with expected operating profits exceeding $1.3 million this year.
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