DXF Stock’s Big Move: Eason Technology Says No Hidden News Is Driving It
Eason Technology Limited responded to the NYSE American about the recent volatility in its listed shares, saying it wasn't aware of any previously unreported material information or unexpected business activity driving the move. The company described its operations as normal and compliant in a statement issued under Section 401 of the NYSE American Company Guide, a rule invoked during periods of unusual trading. DXF just spiked. On Wednesday, the American depositary receipt ended the session at $0.7602, up 29.07%, according to MarketScreener. By early Thursday in New York, premarket numbers pointed to about $1.43 for the ADR, though those figures can swing rapidly before the bell.
