Why is FreeCast Stock (CAST) Up 42% in Pre-Market Trading Today?
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FreeCast (CAST) shares surged 42% in pre-market trading following a national distribution agreement with DirecTV, allowing FreeCast to market and sell streaming services in multifamily housing. This deal enables FreeCast to expand its service offerings to various residential communities, including apartments and senior living. CEO William Mobley highlighted the opportunity to meet the needs of property owners and residents with a trusted television offering, while also allowing DirecTV to reach new customers. FreeCast went public on the Nasdaq in March.
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