Data Storage (NASDAQ: DTST) surged 12.40% in pre-market trading on Tuesday, July 15, 2025, reaching $3.87 per share following definitive agreement to sell CloudFirst assets.
Data Storage Corporation has announced a definitive agreement to sell the assets of its wholly owned subsidiary, CloudFirst Technologies Corporation. This transaction aims to accelerate CloudFirst’s growth by joining Performive, a cloud and infrastructure services provider backed by Renovus Capital Partners, while maintaining CloudFirst’s brand, leadership, and support teams for continuity.
This follows a previous closing price of $3.38 during regular trading. Earlier in the day, the stock opened at $3.46 and experienced significant movement within its trading range. The company reported a trading volume of 34,500 shares.
