24/7 Market News Snapshot 24 April, 2025 – SurgePays, Inc. Common Stock (NASDAQ:SURG)

April 24, 2025

DENVER, Colo., 24 April, 2025 (www.247marketnews.com) – (NASDAQ:SURG) are discussed in this article.
SurgePays, Inc. (NASDAQ:SURG) has exhibited notable momentum in trading today, with shares opening at $2.75 and climbing to $3.14, representing a considerable increase of 19.39% from the previous close of $2.63. The current trading volume of 817.66K underscores intensified investor engagement, indicating strong bullish sentiment as the stock breaks through significant resistance levels. Potential support is identified around the opening price, while psychological resistance may lie above $3.20, warranting close monitoring for future performance trends.

In tandem with its stock performance, SurgePays has successfully completed the nationwide launch of its wireless services utilizing the AT&T network, marking its full integration as a mobile virtual network operator (MVNO). This strategic advancement positions the Company for expansive scalability within both direct-to-consumer and wholesale markets.

The launch follows the shipment of over 250,000 SIM cards, with a subsequent order of an additional 500,000 reflecting high demand through its LinkUp Mobile brand and MVNE partnerships. The transition to the AT&T infrastructure, finalized on April 1, can be credited to months of rigorous testing and migration efforts.

Brian Cox, Chairman and CEO, emphasizes the significance of this development, stating, “We have evolved from a reseller into a direct carrier partner, enabling us to scale operations on the retail and wholesale fronts of the wireless landscape.” This milestone not only showcases SurgePays’ commitment to expeditious integration within the telecom sector but also enhances its appeal to prospective retail partners seeking additional SIMs and service activations.

With a diversified revenue model encompassing direct prepaid services, government-supported Lifeline offerings, and MVNE capabilities, SurgePays is strategically positioned to cultivate sustainable growth and a robust market presence within underserved communities. This significant advancement serves as a critical step in establishing a strong foundation for the Company’s future prospects in telecommunications.

Related news for (SURG)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.