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

AMTD Digital Inc. (NYSE:HKDGet Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $2.68, but opened at $2.74. AMTD Digital shares last traded at $2.65, with a volume of 45,529 shares traded.

AMTD Digital Price Performance

The business has a 50-day moving average of $3.03 and a 200 day moving average of $3.23.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in AMTD Digital stock. International Assets Investment Management LLC purchased a new stake in shares of AMTD Digital Inc. (NYSE:HKDFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 13,520 shares of the company’s stock, valued at approximately $460,000. 5.75% of the stock is currently owned by hedge funds and other institutional investors.

About AMTD Digital

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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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