Phoenix Asia Holdings (PHOE) stock jumps nearly 1,000% — what to watch before Monday’s Nasdaq open
Phoenix Asia Holdings closed Friday at $133.12, soaring nearly 997% from its previous close with trading repeatedly halted for volatility. Volume hit 55,580 shares, far above normal levels, and the company’s market cap reached about $2.9 billion. No news or filings explained the move. U.S. markets are closed until Monday.