Amtd Digital Looks To Extend Gains After Another Eye: popping rally

AMTD Digital

15/09/2022 14:20

** Shares of Chinese fintech co AMTD Digital  HKD.N  rise
25.1% to $237 premarket 
    ** Shares soared 312% on Wednesday on no news; stock was
halted at least 21 times by the NYSE 
    ** Co is the #1 trending ticker on retail investor forum
Stocktwits.com on Thursday 
    ** HKD has been highly volatile since its debut, briefly
climbing over 19,000% in a few days from debut before losing all
its gains
    ** HKD has had multiple such jumps and slumps in the past,
grabbing attention of retail investors and social media; its
valuation briefly surpassed that of Bank of America  urn:newsml:reuters.com:*:nL4N2ZF27M
    ** Nevertheless, the stock has fallen ~92.6% from highs hit
on Aug 8
    ** Parent investment holding co AMTD Idea Group  AMTD.N  up
5% premarket

 (Reporting by Bansari Mayur Kamdar in Bengaluru)
 ((BansariMayur.Kamdar@thomsonreuters.com;))