- Clobbered yesterday by worries about Ukraine tensions and the potential for related sanctions, Russian tech and telecom stocks are rebounding strongly today.
- EPAM Systems (EPAM +19%), headquartered in the U.S. but relying heavily on its Russian ops, is the biggest winner. Shares fell 24% yesterday, with their losses steepening following a mid-day Barclays downgrade to Equalweight.
- Other gainers: LXFT +18.7%. YNDX +6.4%. QIWI +4.5%. MBT +3%. VIP +1.7%.
Russian tech/telecom stocks bounce back
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About EPAM Stock
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| Symbol | Last Price | % Chg |
|---|---|---|
| EPAM | - | - |
| EPAM Systems, Inc. | ||