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Benzinga
Benzinga
World
The Bamboo Works

Huadi: Big News Coming, or Just Another China Meme Stock?

China IPO AMTD Digital Nasdaq

Key Takeaways:

  • Huadi International’s shares soared 90% on Friday despite a lack of news from the company, which hasn’t released any financial results since February
  • The company could sell up to $300 million in new shares, according to a June stock exchange filing, equal to nearly half of its market value after the Friday rally
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