Hong Kong's GigaCloud sees stock rocket over 200% in wake of $36M US IPO

Aug. 19, 2022 12:40 PM ETGigaCloud Technology Inc. (GCT)By: Val Kennedy, SA News Editor

female hands keyboard computer laptop with IPO stocks purchase app

Prykhodov/iStock via Getty Images

Hong Kong-based e-commerce services provider GigaCloud Technology (NASDAQ:GCT) saw its shares rocket over 200% Friday, the day after it held a $36M initial public offering.

Shares of GigaCloud opened at $26.64, slipping to a low of $24.81 in

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