🟢 BIO-key International is trading 14% up in pre-market after Gulf-region government institution selected PortalGuard IAM

BIO-key International is trading at $3.12, up 13.98%, after a Gulf-region government institution selected its PortalGuard IAM platform and biometric authentication solutions.

• Announced October 22, the selection makes it BIO-key’s seventh new Gulf-region customer in six months.
• The contract news was also identified as the catalyst for the prior session’s strong share move.
• The pre-market price is above the October 22 close of $2.74; broad U.S. futures were modestly lower.