Megaport Ltd (ASX:MP1) saw its stock price surge by 5.08% during Friday's intraday trading session. The significant movement followed the company's announcement of a board update earlier in the day.
The board update, disclosed pre-market, has likely sparked investor optimism, driving the stock higher. While the specifics of the update were not detailed in the news, such announcements often signal strategic changes or leadership developments that can influence market sentiment.