The specialist in artificial intelligence and the Internet of Things is among the Venture Exchange’s top picks for the tech sector.
Shares of the Vancouver-based company jumped 8.2% to C$0.33 in Toronto trading with the news.
The list of 50 companies is comprised of 10 from each of five sectors, selected based on market cap growth, share price appreciation and trading volume.
"Less than a year and a half ago, mCloud began trading on the TSX Venture Exchange," said Universal mCloud CEO Russ McMeekin in a statement. "In this short period of time, we have executed our strategy and meaningfully developed our business, growing our number of connected assets from six thousand to 28 thousand.”
Contact Paul Curcio at [email protected]
Follow him on Twitter @GoCurcioGo