AMTD Digital Inc. crashed over 10% in premarket trading after surging 311.78% yesterday.
It soared a record 311.78% on Wednesday, triggering multiple volatility-related trading halts along the way. The move came alongside a flurry of buying activity, with roughly 1.5 million shares trading hands, more than 5,500% higher than its daily average over the last 10 days. On paper, the surge added nearly $27 billion in market value to the stock.
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