(24/7 MARKET NEWS) – this morning’s 15 minutes after the bell snap shot.
GD Culture Group Limited (NASDAQ: GDC) is at $4.23, up $1.69 (+66.54%), on 17.33M shares and has traded as high as $5.33 this morning after stating, this morning, that it launched live-streaming e-commerce business on TikTok. AI Catalysis expects to expand grids of the future portfolio on TikTok to drive growth of live-streaming e-commerce business segment.
We covered GD Culture Group when it was trading at $3.00, up $0.81 (+18.11%), on 34K premarket shares traded and stated that this morning’s volume is on pace to set a new 52-week high volume mark, which it easily surpassed in the premarket, and we expect big moves, which can happen in both directions.
Hawaiian Electric Company, Inc. (NYSE: HE) is trading at $13.79, up $4.13 (+42.75%), on 14.8M shares and hit a high of $14.74, after providing an update on the Lahaina fires and its response.
LQR House Inc. (NASDAQ: LQR) announced that its board of directors approved a share repurchase program for up to $2,000,000 of its common stock and it’s trading at $1.30, up $0.28 (+27.45%), on 6.7M shares.
Acquisitions and Mergers
Hersha Hospitality Trust (NYSE: HT) announced that it agreed to be acquired by KSL Capital Partners for $10.00 per share, in an all-cash transaction valued at approximately $1.4 billion, which represents a premium of approximately 60% over Hersha’s most recent closing share price. Hersha is trading at $9.85, up $3.57 (+56.85%), on 1.64M shares traded.
Thorne HealthTech, Inc. (NASDAQ: THRN) stated that it agreed to be acquired by L Catterton for $10.20 per share in cash, a 94% premium, and it’s trading at $10.10, up $2.29 (+29.32%), on 357.46K shares.
Genius Group Limited (NASDAQ: GNS) is trading at $2.0301, up $0.5701 (+39.05%), on 18.88M shares traded and hit a high of $2.20, after gaining 29% on Friday.
VinFast Auto Ltd. (NASDAQ: VFS) is trading at $82.00, up $13.23 (+19.24%), on 3.05M and hit a morning high of $88.95, after gaining 40% on Friday.
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