Inno Holdings Soared Nearly 20 Times—AI Deal Includes a Caveat
Shares of Inno Holdings Inc. jumped in afternoon trading Monday, after it said it signed a $3 million deal with a Hong Kong AI provider to develop a sales-agent platform for its used mobile phones unit. INHD was changing hands at $20.97 just before 1:45 p.m. EDT, up about 20 times its previous close. The stock opened at $1.11.