Shares of FCUV are trading 10% higher today. A closer look at what's happening:

Shares of Focus Universal Inc (FCUV) are trading 10% higher at a price of $10.48 at the time of this writing. While it's generally been a somewhat dispirited day for this part of the market, the company is rapidly outperforming it's peers in the Information Technology sector.

The promising tech company is moving upwards, despite a broad selloff in the greater market. The company recently celebrated it's one year anniversary of trading on the Nasdaq, and told shareholders about it's new line of products. Traders are clearly still bullish.

Focus Universal Inc has been trading between a 52-week high of $25.25 and a 52-week low of $4.61. The stock has a market cap of $455 Million.

Focus Universal Inc. (NASDAQ:FCUV) is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G. The company has developed four disruptive patented technologies to solve the major problems facing hardware design, hardware production, software design and network communication facing both industries today.