Julong Holding Limited (NASDAQ:JLHL) shares are trending Thursday night.
Shares of the Beijing-based technology and engineering firm soared 64.19% to $21 after the bell on Thursday, adding to a massive regular-session rally of 317.97%.
According to the Benzinga Pro data, the stock closed the regular session at $12.79.
Volume Spike Signals Speculative Trading
No immediate catalyst can be identified behind the stock move. Though short interest remains modest at 1.67%, volume for the day surged to 80.85 million shares, approximately 214 times the stock’s average daily volume of 377,750 shares, indicating exceptionally strong trading activity.
