Shares of Costco Wholesale (NASDAQ: COST) were moving higher today after the warehouse retailer posted strong results in its December comparable sales report. The update assured investors that a slowdown in November may have just been temporary and showed the company delivered strong results for the holiday season. Costco's December update seemed to quiet bears who saw the company succumbing to recessionary headwinds. Read More...
The Wall Street Journal
AMTD Digital Stock Surges, Rising About 200%
The U.S.-listed shares of AMTD Digital surged on Thursday, recently up some 200% on heavy volume. The Asia-focused company’s operations include financial services, marketing, media and digital investments. It didn’t appear to issue any press releases or Securities and Exchange Commission filings on Thursday. The stock has posted several large daily moves since its July initial public offering, which priced at $7.80. Wednesday’s intraday low of $9.31 marked its lowest-ever trading price, while it