Why the Dubber Corp (ASX:DUB) share price is surging today // Motley Fool Australia

The Dubber Corp Ltd (ASX: DUB) share price is surging today. Dubber shares are up 2.93% at the time of writing to $1.58, after closing at $1.51 yesterday and opening at $1.55 this morning.

Even though 2.93% is a hefty one-day gain by any means, Dubber shares were actually doing much better earlier in the day. The Dubber share price climbed as high as $1.64 soon after market open (a rise of nearly 6% and a new 52-week high) before settling at the current share price soon after. For comparison, the S&P/ASX 200 Index (ASX: XJO) is down 0.25% at the time of writing.

So why is this ASX tech share defying the broader market today and climbing high?

Share purchase plan swamped

Today, we got news from Dubber that its share purchase plan…