WISeKey International Holding AG American Depositary Shares (WKEY)
Company News
WISeKey's subsidiary WISeSat AG installed its third ground station near Lausanne, Switzerland, strengthening its European IoT satellite communication infrastructure and collaborating with the Ecole Polytechnique Fédérale de Lausanne's Space Campus.
Quantum computing advancements are threatening to make current encryption methods obsolete, leading to a surge in investment in post-quantum cryptography solutions.
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After losing some value lately, a hammer chart pattern has been formed for WISeKey International Holding Ltd. Sponsored ADR (WKEY), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
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