TCJH Stock Alert: Why Is Top KingWin Up 31% Today?

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  • Top KingWin (TCJH) stock is rising without news today.
  • That comes alongside heavy trading of the shares.
  • This has it joining other Chinese stocks rallying on Friday.
TCJH Stock - TCJH Stock Alert: Why Is Top KingWin Up 31% Today?

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Top KingWin (NASDAQ:TCJH) stock is rising higher on Friday as it joins a growing list of companies climbing without news.

Instead, it looks like speculative traders are behind today’s movement. This has some 5 million shares of TCJH stock changing hands as of this writing. To put that in perspective, the company’s daily average trading volume is closer to 576,000 shares.

Investors will also keep in mind that TCJH stock is incredibly new to the public market. The company’s shares made their debut earlier this month with an $11 million initial public offering (IPO). That valued shares of its stock at $4 each.

TCJH Joins China Stock Rally

Top KingWin is far from the only stock that’s rising with today’s rally. Several other companies based out of China and Hong Kong are also gaining on Friday too. Here are a few quick examples with links covering each of the stocks in more detail.

Finally, shares of TCJH join in on this rally with shares climbing 30.8% higher as of Friday morning. Also, the stock is up 46% year-to-date.

Investors looking for more of the hottest stock market news on Friday will want to stick around!

We’ve got all of the latest stock market news traders need to know about on Friday! A few examples include why shares of cloud stocks are down, the latest on Lazard (NYSE:LAZ) layoffs, and what has Exela Technologies (NASDAQ:XELA) stock gaining today. You can catch up on all of this news at the following links!

More Friday Stock Market News

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.


Article printed from InvestorPlace Media, https://investorplace.com/2023/04/tcjh-stock-alert-why-is-top-kingwin-up-31-today/.

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