Below is an analysis of the stock price action for AMTD Digital (HKD). You can find a recap table at the end of the page. The content on this page is not financial advice, but is for educational purposes only and merely cites our own personal opinions. You can find the full disclaimer here.
AMTD Digital (HKD)
HKD is a recent IPO that has just absolutely gone to the moon. The extreme upside move comes in the wake of the company's public debut, but there isn't any clear news sending shares higher. However, the stock has been trending across social media since the end of last week, so it may be driven by outsized retail demand. If you had invested $1000 in the AMTD Digital IPO, you would be sitting on a pretty penny right now. You most likely would not have gotten the IPO price at $7.80 but if you had an entry at $12.80 that would equate to roughly 78 shares. If you sold at the high which was roughly $2555.30 then that investment would have been worth $198,315. If you sold at the close price of $1679, then that investment would have been worth $129,963.6
Recap
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| Shares: 100-500milIndustry: N/ACatalyst: TechnicalATR: > 100.00Time Frame: 1 MinuteRecent IPO |