The Latest Breaking News from AMTD Digital

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…

Gainers

 

Key Takeaways: Jianzhi Education’s big first-day jump, followed by gradual declines back to its IPO price, signal the recent parade of China meme stocks on Wall Street could be losing steam

 

Financial services company Magic Empire Global (NASDAQ: MEGL) held its initial public offering (IPO) last week and shares have soared more than 100% since its opening price. It's up a significant amount from its original IPO price. Here’s what happened, and what could be next.

 

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.

U.S. stocks traded mostly lower toward the end of trading, with the Dow Jones tumbling more than 200 points on Tuesday.