AMTD Digital (NYSE:HKD) Shares Gap Up – Here’s What Happened

AMTD Digital Inc. (NYSE:HKDGet Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $2.84, but opened at $2.90. AMTD Digital shares last traded at $2.79, with a volume of 40,590 shares.

AMTD Digital Stock Performance

The stock’s fifty day moving average is $2.90 and its 200-day moving average is $3.18.

Hedge Funds Weigh In On AMTD Digital

An institutional investor recently bought a new position in AMTD Digital stock. International Assets Investment Management LLC acquired a new stake in AMTD Digital Inc. (NYSE:HKDFree Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 13,520 shares of the company’s stock, valued at approximately $460,000. Institutional investors and hedge funds own 5.75% of the company’s stock.

AMTD Digital Company Profile

(Get Free Report)

AMTD Digital Inc, through its subsidiaries, designs and develops a digital platform to provide financial, media, content and marketing, and investment solutions in Asia. The company operates through Digital Solutions ServicesFinancial Services, Digital Solutions ServicesNon Financial Services, Digital Media, Content, and Marketing Services, and Digital Investments segments.

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