Why CPI Card Group Stock Just Soared 16%

Shares of tiny CPI Card Group (OTC: PMTS) are soaring today, up by 16.1% as of 1 p.m. EDT,  after the manufacturer of credit cards, debit cards, and "tap-and-go" cards gave its shareholders a bit of long-awaited good news:

This OTC stock won't be limited to over-the-counter trading for much longer.

Image source: Getty Images.

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Source Fool.com