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NASDAQ:ALPS 1 November 2025 - 3 November 2025

ALPS Group (NASDAQ: ALPS) Stock’s Wild Debut – Biotech Unicorn’s SPAC Merger Sparks Volatile Trading

ALPS Group (NASDAQ: ALPS) Stock’s Wild Debut – Biotech Unicorn’s SPAC Merger Sparks Volatile Trading

ALPS Group Inc. closed its Nasdaq debut at $2.56 per share on Oct. 31, 2025, after a SPAC merger, then plunged about 34% to $1.69 in pre-market trading Nov. 3. The Malaysian biotech’s public float was limited to roughly 3.5 million shares, fueling sharp volatility. Most shares remain locked up with insiders. The company raised $3.1 million in a concurrent PIPE.
3 November 2025
ALPS Group Inc Stock Explodes on Nasdaq Debut – Malaysian Biotech Unicorn Takes Off

ALPS Group Inc Stock Explodes on Nasdaq Debut – Malaysian Biotech Unicorn Takes Off

Alps Group Inc (ALPS) began trading on Nasdaq Oct 31, 2025, opening near $2.55 and closing at $2.56 after a SPAC merger that valued the company at $1.6 billion. First-day volume reached about 590,000 shares, with a market cap near $10–12 million. ALPS, led by CEO Dr. Tham Seng Kong, raised $3.1 million in PIPE financing. The company reported no revenue and a net loss of $2 million pre-merger.
1 November 2025

Stock Market Today

  • GLOBALFOUNDRIES (GFS) Stock Valuation Reviewed Amid Strong Price Gains
    May 20, 2026, 2:56 AM EDT. GLOBALFOUNDRIES (GFS) shares have surged 21.79% over 30 days and 80.85% year-to-date, driven by growth in its US$37.2 billion semiconductor foundry business. Despite recent pullbacks, the stock trades at US$66.68, about 30% above its modeled fair value of US$51.30, suggesting potential overvaluation. The company benefits from a diversified manufacturing footprint across the U.S., Europe, and China, aligning with demand for regional supply chains amid geopolitical tensions. Analysts highlight risks including pricing pressure in mobile contracts and high capital expenditures possibly impacting profits. Investors are advised to review key growth and margin assumptions in forecasts as sentiment remains mixed between upside potential and valuation concerns.

Latest articles

Wall Street Hit by Yield Jolt With Nvidia Up Next

Wall Street Hit by Yield Jolt With Nvidia Up Next

20 May 2026
U.S. stock ETFs remained lower late Tuesday after Wall Street’s main indexes fell for a third straight session, pressured by rising Treasury yields and caution ahead of Nvidia’s earnings. The SPDR S&P 500 ETF dropped 0.7% to $733.73. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing. Nvidia shares slipped 0.7% after hours, with traders bracing for a major move post-earnings.
Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

20 May 2026
Viavi Solutions shares dropped 7.1% in after-hours trading Tuesday after the company announced a $500 million public stock offering aimed at repaying debt. The offering, unveiled just after the Nasdaq close, could add roughly 10.1 million new shares. Viavi plans to use proceeds to pay down a $450 million loan. Total debt would fall to $650 million, according to a preliminary SEC filing.
Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

20 May 2026
Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, sending ADI shares up 1.36% to $419.95 in after-hours trading after closing down 1.02%. The deal, approved by both boards, is expected to close in the second half of 2026 pending regulatory review. Empower CEO Tim Phillips will continue to lead integrated voltage regulator work after the merger.
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