Sierra Wireless (TSX: SW) Powers 72% Higher, Tops the Ubika Technology 20 Index

Ubika Technology 20 continues to outperform its benchmark indices

The Ubika Technology 20 index (UT20) surged 14.4% since January 16th, outperforming both of its benchmark indices, the TSXV and TSX Information Technology Index, which gained 2.1% and 6.6%, respectively. Sierra Wireless Inc. (TSX: SW) was the top-performing component company during the past two months, soaring 72% after Volkswagen chose Sierra Wireless to enable car-connectivity on its fleet starting in 2018, with Sierra’s next-generation 4G LTE embedded modules.

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