
One of the biggest stories of the week for investing has been the sudden and unpredicted increase in the valuation of recent IPO AMTD Digital (NYSE:HKD). Here’s a look at what happened and how an investment on the first day of trading has fared.
What Happened: Digital solutions platform AMTD Digital Inc. is a subsidiary of AMTD Idea Group (NYSE:AMTD). The company is a digital solutions platform in Asia and provides solutions like digital financial services, ecosystem solutions, digital media, content and marketing and digital investments.