Business
Penny Stock’s 1,500% Jump Fueled by Reddit Left CEO Dumbfounded – Bloomberg
A meteoric rally in an Australian penny stock is fast unraveling after confounding not just market watchers but also the company’s CEO.
A meteoric rally in an Australian penny stock is fast unraveling after confounding not just market watchers but also the company’s CEO.
BrainChip Holdings Ltd., an artificial intelligence-focused startup whose flagship product is yet to be made widely available for commercial use, saw its 2020 gains propel to 1,500% earlier this month. While concerns about overheating have seen the stock getting hammered since, its 709% advance year-to-date still makes for one of the best performances among tec…
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