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Why IDT Stock Was Soaring on Friday
Shares of IDT (NYSE: IDT) were up on Friday after a positive report was released for the stock by Alta Fox Capital. It was founded in 1990 by the current chairman, Howard Jonas, and is currently run by CEO Schmuel Jonas and CFO Marcelo Fischer. The company owns many businesses, including a point-of-sale (POS) platform called National Retail Solutions, a cloud-based communications platform for enterprises called net2phone, and a money remittance service called BOSS Money Transfer.
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