NQ Mobile Stock Surges After Results of Independent Investigation

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NQ Mobile Stock Surges After Results of Independent Investigation

The stock price of NQ Mobile Inc (ADR) (NYSE:NQ) skyrocketed today after the Chinese mobile internet service provider announced that its internal investigation did not find any evidence of fraud.

The shares of the company are trading $10.52 per share, up by nearly 38% at the time of this writing, around 1:37 PM ET in New York today.

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