Phoenix Asia stock (PHOE) jumps nearly 1,000% then slides after-hours — what traders watch Monday
Phoenix Asia Holdings shares closed at $133.12 Friday, up 997%, before plunging to $49.00 after hours. Nasdaq halted trading for five minutes during the morning surge. About 124,000 shares traded, pushing the company’s market cap near $2.9 billion. No company news explained the spike.