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

Recommended For You

Comments

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.