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Why Globant Stock Jumped 41.3% in the First Half of 2020

TheMotleyFool

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Why Globant Stock Jumped 41.3% in the First Half of 2020

Shares of Globant (NYSE: GLOB) gained 41.3% in the first six months of the year, according to data from S&P Global Market Intelligence. The growth-dependent software stock took a sizable hit as coronavirus-related sell-offs rocked the market in March, but it closed out the first half of 2020 with strong gains thanks to strong business performance and industry tailwinds.