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BenzingaBenzinga··Nabaparna Bhattacharya

VNET Stock Soars 28% as PJ Millennium Secures Control Stake

VNET Group shares surged 28.44% after PJ Millennium agreed to acquire 650M shares at $1.44 each, securing 38.1% ownership pending Q4 2026 close.
VNETtechnical analysisstrategic investment