Jiuzi Holdings (NASDAQ:JZXN) Stock More Than Doubles on $1 Million AI Target—90x Turnover Is the Bigger Story
Jiuzi Holdings Inc. more than doubled around midday on Friday after it said it intended to sign a cooperation agreement with an unnamed artificial-intelligence imaging and data-platform company, with about $1 million of profit expected in an initial phase. The shares traded at $2.36, up 101.7%, after touching $3.16; volume reached 119.1 million by 11:53 a.m. EDT. The agreement has not been executed.
