
Charlton ARIA rose over 150% today. It's a SPAC shell, with basically no business, and the driving force is unclear.
Gaoqu International reversed sharply and plummeted. It was still experiencing pulse-like surges last week, but completely turned face today 😵.
Youxin Technology also followed with a significant drop, moving in the same direction as Gaoqu.
Looking at it, Charlton ARIA is a random ignition of another wave of SPAC hype, which is a separate matter from the crash of Gaoqu and Youxin Technology; the latter seems more like profit-taking after the previous rapid rally. But it's also possible there's some trading logic I'm not seeing.
Are any of you keeping an eye on these? Anything to add?
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
