Globant is trading 9% up at $38.17 as renewed optimism around artificial intelligence investment fuels a broad rally in the software and IT services sector.
- The move extends a sharp multi-day rally for the company that began last week, following a sector-wide upswing in which Globant was previously highlighted as a participant.
- Today’s gains build on existing momentum despite broader market indices trading lower ahead of the upcoming Federal Reserve interest rate decision.