Strength Seen in VNET Group (VNET): Can Its 7.3% Jump Turn into More Strength?

VNET Group (VNET) shares soared 7.3% in the last trading session to close at $11.13. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 33% gain over the past four weeks.VNET is benefiting from strong AI-driven demand and rapid growth in its wholesale IDC business.This provider of carrier-neutral internet data center services is expected to post quarterly earnings of$ 0.03 per share in its upcoming report, which represents a year-ov ...