$AMTD International(AMTD)$ AMTD Idea Group Shares Spiking Higher in Premarket, up $3.40(+54%) after surging already 236% yesterday... Will it continue to fly higher? Will you long or short on this stock?
Join the discussion here >> This Hong Kong-based financial services provider priced 16,000,000 American depository shares (“ADSs”) at $7.80 per ADS on July 15th. Yesterday on 2 Aug, the stock topped a $400 billion valuation (+30000%) in just 2 weeks after its IPO, becoming larger than 95% of the S&P 500 stocks...
And the craziest part is that nobody knows why. Even the company released a note today saying, “During the period since our initial public offering, the Company noted significant volatility in our ADS price and, also observed some very active trading volume. To our knowledge, there are no material circumstances, events nor other matters relating to our Company’s business and operating activities since the IPO date. "
[Topic]
What're your thoughts on $AMTD International(AMTD)$ $AMTD Digital Inc.(HKD)$ ? Are you long or short on this stock?
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