Box Jumps the Most in Three Years After VC Says to ‘Go Long’
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Box Inc. shares surged the most in more than three years after a prominent venture capitalist said investors interested in tapping into artificial intelligence plays should “go long” in the stock.
Speaking at the Sohn Conference in New York, Chamath Palihapitiya, chief executive officer of Social Capital, said Box is “incredibly cheap and undervalued.”