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Asterisk Extends Gains on Breakthrough in Control Tech for Barcode Readers and Enterprise Devices
Shares of Asterisk <6522> surged anew, at one point jumping \130 to touch an intraday high of \1,188. The company, known for developing barcode readers, is successfully capturing demand for smartphone-based solutions that replace the functions of traditional dedicated devices. Against this backdrop, the stock attracted fresh buying following a post-market announcement on the 7th. Asterisk revealed the development of a new technology that enables the control of enterprise hardware?such as barcode readers, RFID scanners, and printers?directly from standard web browsers like Chrome and Safari. (This mechanism utilizes WebSocket communication technology to operate external business equipment from standard browsers.)
The stock has a track record of explosive rallies, having more than quadrupled from around \400 in mid-March to a year-to-date high of \1,699 in less than two weeks by late March. Although it subsequently entered a correction phase driven by short-term profit-taking, robust daily trading volumes suggest limited margin overhang. Consequently, Asterisk remains a prime target for speculative funds anticipating further upside.
Source: MINKABU PRESS
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