Sequans Communications S.A. American Depositary Shares (each representing one hundred (100) Ordinary Shares)

The global IoT-based asset tracking and monitoring market is expected to grow from $5 billion in 2024 to $9.2 billion by 2029, at a CAGR of 12.8%. The adoption of IoT in manufacturing helps companies better manage production and reduce downtime, leading to improved operations and profitability.

The global market for Narrowband IoT Chipsets is projected to reach $24.6 Billion by 2030, driven by the increasing adoption of IoT devices, smart city projects, and the growing demand for low-power, wide-area networks.

The global cellular IoT market is expected to grow from $4.80 billion in 2023 to $29.72 billion by 2033, driven by increasing automation, digitization, and smart city development. The Asia Pacific region is the largest market, with growth fueled by rising disposable income and demand for smart homes and offices.

Several information technology stocks saw significant price movements in Thursday's pre-market session, with SMX, Nano Dimension, and LeddarTech Holdings among the notable gainers, while American Software, WidePoint, and Sequans Communications were among the decliners.

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling around 0.2% on Friday. The Dow traded up 0.23% to 39,158.52 while the NASDAQ fell 0.19% to 16,011.27. The S&P 500 also rose, gaining, 0.11% to 5,092.83.   Leading and Lagging Sectors   Utilities shares rose by 0.8% on Friday. In trading on Friday, energy share...