By Steve Moore | Wednesday 3 December 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in point of sale, payment and loyalty systems developer Universe Group (UNG) are currently one of the biggest risers today – up more than 11.5%, to 7.25p, on the back of an announcement of “a significant extension” of its existing contract with UK supermarket chain Morrisons. The following reviews the significance of this contract news.
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