NEW YORK, Jan 30, 2026, 04:50 (EST) — Premarket
- TechCreate Group shares surged 118% in premarket trading, following an 889% spike the day before
- The Singapore-based firm stated it had no knowledge of any undisclosed material information driving the move
- Traders expect increased volatility ahead of the U.S. open
TechCreate Group Ltd. (TCGL) surged again in premarket trading Friday, climbing 118% to $188.42 after Thursday’s close at $86.36, which itself was up 889% on the day. The stock’s wild ride continued, having jumped from $8.90 to $136.32 in the previous session, according to Webull market data. (Webull)
Such a move is unusual, even among small-cap stocks. It lands the stock on watchlists ahead of the opening auction, where limited liquidity can amplify each trade.
Investors are left wondering what shifted. TechCreate hasn’t cited any fresh corporate news to clarify the recent price moves.
TechCreate said Thursday it’s responding to a query from NYSE American about recent trading in its ordinary shares. The company said it is “not aware of any material nonpublic information” that might explain the activity. It also noted it does not comment on speculation or share price fluctuations. (Business Wire)
The statement failed to steady the market. On Thursday, the stock closed with a market cap near $1.8 billion, even as trading volume hovered just below 5 million shares, according to stockanalysis.com. (StockAnalysis)
TechCreate, a Singapore-based technology consultancy, offers software and services focused on payments, cybersecurity, and digital infrastructure, per its filings and company info. The firm went public on NYSE American in October 2025, pricing its IPO at $4 a share. (SEC)
At the moment, investors are playing TCGL as a momentum stock. The danger: it could reverse just as fast as it rallied, especially if premarket activity dries up or if orders pile heavily on one side.
It’s unclear if the exchange will demand more disclosure or add volatility controls. In U.S. stocks, sharp price swings often activate automatic halts under market-wide rules meant to curb chaotic trading.
The next hurdle is fast approaching: the NYSE American core session kicks off at 9:30 a.m. ET. Traders will be eyeing if TechCreate can maintain its early gains, plus any follow-up comments from the company or the exchange. (Nyse)