“Why TOP Financial Group Ltd’s Stock Rose More Than 500% – Hidden Reasons”

Investing.com – Shares of online brokerage firm, TOP Financial Group Ltd (NASDAQ: TM), rose more than 500% in premarket trading Friday for as-yet-unexplained reasons.

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It is worth noting that yesterday, Thursday, trading in the stock was halted several times due to fluctuations. The stock closed up about 197% at $20 a share, after TOP shares, formerly known as Zhong Yang, opened at $7.17, falling to an early low of $6.53 before rising to a high of $24 at midday. , up nearly 260% from the previous day’s close. before ending the session for $20.

The graph shows a sharp rise in the stock. The company went public at $5 a share on June 1, 2022.

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