India, June 2 -- Webus International Ltd (WETO) shares declined 5.86 percent to $2.73 on Monday, despite announcing a strategic agreement with Samara Alpha Management LLC. The stock opened at $3.38 and traded between $2.29 and $3.62 throughout the day on the Nasdaq. This compares to a previous close of $2.90. Volume surged to 11 million shares, well above the average daily volume of 486,000. Webus shares have ranged between $1.50 and $4.30 over the past 52 weeks.
The deal establishes a framework for potential future digital asset treasury operations, positioning Webus for long-term diversification in financial management.
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