Why Ibex Stock Surged 41% to All-Time Highs Today (Hint: It's Artificial Intelligence)

Shares of little-known company Ibex (NASDAQ: IBEX) went parabolic today, shooting 41.1% higher in early-morning trading. The stock was still trading around 33% up at 1:15 p.m. ET Friday.Ibex is a business process outsourcing company, providing a wide array of services such as customer and technical support, lead generation, surveys, and business intelligence and analytics.Turns out, Ibex's efforts to build a digital business have already started to pay off, and that is drawing attention to the stock today. The keyword here is artificial intelligence (AI).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool