Rekor Systems (REKR) Stock Rockets on AI-Powered Traffic Tech Boom – 73% Surge and What’s Next
73% Rally Fueled by Tech Breakthroughs and Q3 Optimism Rekor’s share price has been on a tear in October, nearly doubling in just two weeks stockinvest.us. After closing around $2.60 on Oct. 16, the stock leapt ~20% the next day to roughly $3.17 ts2.tech, capping a ~73% monthly surge. This meteoric rise came as the company rolled out fresh contracts and previewed blowout quarterly results. Wall Street observers note that despite the sharp gains, Rekor’s current valuation of about 5.8× sales appears “fair” relative to peers given its growth outlook ts2.tech. In other words, the recent price rally has merely
