ATIF Holdings Shares Up 25% After Investment in Phoenix Motor
Shares of ATIF Holdings Ltd. were up in Wednesday's after hours market, following news the company made an investment in electric vehicle company Phoenix Motor Inc.
Jun Liu, ATIF's president, chairman and chief executive, said "We are excited to be an investor in Phoenix Motor Inc., based on my strong belief in their growth prospects."
Phoenix Motor shares ended the day's regular session with a 70.5% gain, closing at $5.83. Shares were down after hours. At 4:51 p.m. ET, the stock was 2.23% lower at $5.70.
$Phoenix Motor (PEV.US)$ $ATIF Holdings (ATIF.US)$
Jun Liu, ATIF's president, chairman and chief executive, said "We are excited to be an investor in Phoenix Motor Inc., based on my strong belief in their growth prospects."
Phoenix Motor shares ended the day's regular session with a 70.5% gain, closing at $5.83. Shares were down after hours. At 4:51 p.m. ET, the stock was 2.23% lower at $5.70.
$Phoenix Motor (PEV.US)$ $ATIF Holdings (ATIF.US)$
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