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Were There Any Motivations Behind The 10% Share Price Increase For AmpliTech Group (AMPG) On Friday?

In concluding the weekend session, AmpliTech Group Inc. (NASDAQ: AMPG) ended the day trading up 10% at $10.78 and achieved an intraday high of $11.00. In addition, AmpliTech Group stock recorded a $9.57 intraday low during Friday’s trading session.

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In the past 30 trading days, the average trading volume of AMPG stock has been 455.62K, but on Friday it achieved 121.71% more volume in trading 1.01 million shares. Since there is no direct news for the day, a few developments earlier in the month are likely to be pushing the AMPG stock up.

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Recent developments:

AmpliTech Group designs develop and manufacture high-performance RF components for the SATCOM, military telecommunications, and Space markets. Designs are currently offered up to 50 kHz – in future offerings, it could go as high as 100 GHz. In addition to consulting services, AMPG also manages any problems related to microwave components and systems.


It is likely that these accelerated accomplishments are likely to lead to further growth for the AmpliTech Group (AMPG) in the time to come.

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