AMTD Digital (NYSE:HKD) stock flew onto traders’ radars recently as it rallied hundreds of percentage points.
Cautious investors should investigate the company before taking a position, though. There’s nothing special about AMTD Digital in particular as a business, and the share-price surge is likely due to a short squeeze.
If you’re in the U.S., chances are pretty good that you never heard of AMTD Digital until a few days ago, if you’re familiar with the company at all. Yet, a number of American stock traders are taking notice of AMTD Digital, and possibly buying the company’s shares without conducting their due diligence.
Don’t Go to Meme Extremes with AMTD Digital Stock
