India, June 17 -- Our Bond, Inc. (OBAI) stock gained 13.51 percent, or $0.15, to $1.26 on Wednesday after the company announced it had been awarded a government-funded contract in the United States that is expected to generate more than $3 million in annual recurring revenue upon deployment.
The stock is currently trading at $1.26, up from its previous close of $1.11. Shares opened at $1.42 and traded between $1.19 and $1.52 during the session. Trading volume reached 84.07 million shares, far exceeding the average daily volume of 8.66 million shares.
The award marks a significant commercial milestone for the AI-powered personal security platform provider and further validates its technology and growth strategy.
OBAI shares have traded be...