Why is AGC's stock so volatile now?
$Altimeter Growth Corp(AGC.US$ AGC fluctuates a lot because the circulation volume is very small, and most investors are willing to hold it and are unwilling to trade it. This type of stock can easily be shorted because the trading volume is very small, and a small amount of trading volume will greatly affect the stock price. According to Grab's prospectus, AGC's 50 million shares account for less than 2% of the total share capital... once listed, more people will participate in the transaction. After liquidity increases, stock prices will stabilize and become difficult to control.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
youfoundken : One of the cockerels. 666