AMTD Digital's stock was halted for volatility after continuing to go parabolic on Thursday. American depository shares of the Hong Kong based fintech company soared a record 312% on Wednesday.
Not long ago, holding company AMTD IDEA Group (NYSE:AMTD) stock rose from obscurity. AMTD Digital (NYSE:HKD), the company’s subsidiary, was probably the target of a massive short squeeze. Traders should only consider AMTD stock if they’re prepared for high volatility. AMTD IDEA Group is a Hong Kong-headquartered company that’s also known as AMTD International. Chances are, if you’re an American stock trader, this company wasn’t on your radar until recently, if at all.InvestorPlace - Stock Market