SU Group Holdings Ltd.
(NASDAQ:SUGP) stock fell on Wednesday after soaring about 160% in the previous session, as investors locked in gains following a rally fueled by a new distribution agreement.
Distribution Deal With GEZE The stock surged Tuesday after SU Group announced a distributorship agreement with Germany-based GEZE.
Under the agreement, the company will distribute GEZE's building technologies, expanding its product portfolio and access to larger projects.
"This is a big win for our customers," Chairman and CEO Dave Chan said.
