707 Cayman Holdings Limited (NASDAQ:JEM) shares are trending on Tuesday night.
The shares of the Hong Kong-based apparel and supply-chain company surged 154.41% to $10.10 in after-hours trading on Tuesday after the company announced the appointment of Robin Hoksnes Karlsen as new executive director.
The announcement was made before the market opened on Tuesday and investors cheered it as the stock jumped 267.59% in regular session to $3.97, according to Benzinga Pro data.
Volume surged to 122.24 million shares, nearly 130 times the average daily volume of 940,600, signaling exceptionally strong investor interest.
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