Why Integrated Media Technology (IMTE) Skyrocketed on Monday?

Why Integrated Media Technology (IMTE) Skyrocketed on Monday?
Wall Street started the week strong, with Nasdaq leading gains. Integrated Media Technology Limited (NASDAQ:IMTE) saw a surge of 312.96%, ranking 2nd on the list of small firms with strong gains. The company focuses on technology investment and product development in Australia.