MICT Inc. (NASDAQ:MICT) Stock Continues to Move Higher: More To Come?
MICT Inc. (NASDAQ:MICT) jumped 9%. Recently the company released its Q2 2021 financial results for the period ending June 30, 2021. The company’s insurance business jumped 50% sequentially to $12.3 million for B2B sales relative to $8.2 million in Q1. Total consolidated revenue was up 38%, attributed to the increase in demand in the insurance segment. Operating loss in Q2 2021 was $16.6 million compare to $4.7 million in the…