Reported 7 months ago
In the concept stock market, Genius Friend has been dubbed the 'strongest demon stock.' After being mentioned by NVIDIA's CEO Huang Renxun on June 2, the stock surged for 8 consecutive trading days and hit another limit up today to reach 55 yuan, a remarkable 1.13 times increase from its original price of 25.8 yuan. Despite being placed on the 'disposal list' by the Taiwan Stock Exchange, impacting trading frequency, Genius Friend continued to surge and hit the limit up price of 55 yuan on the second trading day following the announcement. The company also disclosed its strong financial performance with year-on-year profit growth in April and positive outlook on AI revenue. Other mentioned concept stocks include TSMC and Foxconn, which also drew market attention with record highs in their stock prices.
Source: YAHOO