Dow Rises 100 Points; Silver Jumps 7%
U.S. stocks traded mostly higher toward the end of trading, with the Dow Jones gaining over 100 points on Friday.
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Gainers
Huadi International Group Co., Ltd. (NASDAQ: HUDI) shares jumped 242.8% to close at $105.72 on Thursday. The company announced a strategic plan to enter into the clean energy industry.
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Gainers
Huadi International Group Co., Ltd. (NASDAQ: HUDI) gained 64% to $50.60.
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Gainers
Starry Group Holdings, Inc. (NYSE: STRY) rose 55.6% to close at $0.28 on Wednesday after reporting Q3 results.
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Gainers
Starry Group Holdings, Inc. (NYSE: STRY) gained 56% to $0.2808 after reporting Q3 results.
Huadi: Big News Coming, or Just Another China Meme Stock?
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
US Stocks Mixed; Dow Jumps 200 Points
U.S. stocks traded mixed this morning, with the Dow Jones surging around 200 points on Monday.
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Gainers
Huadi International Group Co., Ltd. (NASDAQ: HUDI) jumped 89.3% to close at $58.92 on Friday.